Auto Added by WPeMatico

7x April’s ATH: Bitcoin Transactional Volume Reaches $700 Billion in a Week

There’s been plenty of comaparisons of Bitcoin’s price action now and in April when the cryptocurrency reached its previous all-time high. Research firm IntoTheBlock now points out a staggering difference in Bitcoin’s…

Continue Reading7x April’s ATH: Bitcoin Transactional Volume Reaches $700 Billion in a Week

Bitcoin Price Analysis: Caution – Is the BTC Breakout to All Time Highs Confirmed?

Bitcoin managed to complete a daily close above the previous all-time high at $64.8K at $66K. This is an early bullish signal, but it’s not enough to fully confirm the…

Continue ReadingBitcoin Price Analysis: Caution – Is the BTC Breakout to All Time Highs Confirmed?

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…

Continue ReadingJPMorgan: Inflation Hedge Narrative Propelled Bitcoin’s Price to ATH

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…

Continue ReadingSpot and Futures-Backed Bitcoin ETF: What’s the Difference?

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…

Continue ReadingCrypto Market Cap Tops $2.6T: Solana Explodes 20% and ETH Up 8% (Market Watch)

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.…

Continue ReadingVanEck Receives SEC Approval: Will Launch Its Bitcoin Futures ETF Next Week