Bitcoin Price Flash Crashed 87% to $8200 on Binance US
After yesterday’s new all-time high at $67,000, bitcoin corrected today with a steep decline to below $64,000. On some exchanges, though, the crash was significantly more violent as BTC dropped…
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JPMorgan: Inflation Hedge Narrative Propelled Bitcoin’s Price to ATH
Strategists at the financial institution JPMorgan Chase & Co. argued that the reason behind BTC’s all-time high price is not the launch of the ProShares Bitcoin Strategy ETF. Instead, concerns…
Spot and Futures-Backed Bitcoin ETF: What’s the Difference?
On October 19th, 2021, the United States Securities and Exchange Commission (SEC) approved the first futures-backed Bitcoin exchange-traded fund (ETF). An SEC-approved ETF is something that the cryptocurrency community has…
Crypto Market Cap Tops $2.6T: Solana Explodes 20% and ETH Up 8% (Market Watch)
The six-month waiting is over as bitcoin managed to break the previous all-time high and set a new one at $67,000 yesterday. While the asset has lost some ground since…
Another One: Valkyrie Bitcoin Strategy ETF to Commence Trading on Friday
The Valkyrie Bitcoin Strategy ETF is slated to commence trading on the Nasdaq stock market on Friday, Oct 22, just four days after the first-ever BTC futures fund was launched.…
VanEck Receives SEC Approval: Will Launch Its Bitcoin Futures ETF Next Week
Global investment manager VanEck is set to launch a bitcoin futures exchange-traded fund (ETF) next week, shortly after ProShares got the SEC’s green light to launch the first BTC ETF.…
Bitcoin is Winning the Race Against Gold: Paul Tudor Jones
Paul Tudor Jones – billionaire CEO of Tudor Investment Corporation – has reaffirmed his support for Bitcoin. He said that he has cryptocurrency included in his portfolio, and deemed it…
3 Reasons Bitcoin’s ATH Looks More Bullish Now Than in April 2021
It’s been a wild few months for Bitcoin’s price. It went all the way up from around $65K in April, down to below $30K in July, and back to a…
Digital Currency Group Authorizes the Purchase of $1 Billion Worth of GBTC Shares
Digital Currency Group, the organization behind the world’s largest cryptocurrency asset manager, has decided to enhance its Bitcoin position by authorizing the acquisition of $1 billion more worth of shares…
Bitcoin Price Breaks All-Time High Surpassing April’s $64.8K Peak
Bitcoin has broken its former all-time high and is now officially looking at price discovery. This comes on the back of serious developments in the industry – just today, the…
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