This year, the spot Bitcoin ETF approval by the US Securities and Exchange Commission (SEC) is deemed certain by just 39% of financial advisors, according to a recent survey. The survey’s findings demonstrate that financial advisors are generally skeptical of the commission’s decision to approve a spot Bitcoin exchange-traded fund (ETF). There are several reasons […]
Friday was a big day in tech history because it was the day that European Union (EU) negotiators finished writing the world’s first complete set of rules for AI, or more popularly, artificial intelligence. This agreement, which has been named the “Artificial Intelligence Act,” is a big step toward giving the technology judicial oversight. After […]
As the market’s dismal atmosphere fades and traders come back in, the price of Bitcoin, the most actively traded cryptocurrency, has surged by approximately 160% this year, reaching a 20-month high of $44,300 on December 9. Now that the harshest regulatory penalties have passed, traders are placing bets that big international fund managers and investment […]
The name “Bitcoin ETF” has been making a lot of noise in the world of cryptocurrencies. But what is it, and why is everyone talking about it so much? Also, why is the US Securities and Exchange Commission (SEC) not eager to approve this new financial idea? What Is An ETF For Bitcoin? In simple […]
The National Anti-Corruption Bureau of Ukraine intercepted cryptocurrency valued at over $1.5 million from Yuriy Schigol, the former head of the nation’s State Special Communications Service, on Friday. This firm move is a component of Ukraine’s stepped-up efforts to combat corruption in its political system. The former government official’s cryptocurrency holdings, which included Tether (USDT), […]
Ripple seems to be paying more attention to macro-financial factors and less attention to short-term price fluctuations these days. An executive statement that emphasizes this shift suggests that Ripple is focusing on the international cross-border payment market. As a result, the active drop in XRP price is almost finished, but the altcoin lacks the necessary […]
Michael Saylor, the executive chairman and co-founder of MicroStrategy Inc, anticipates a substantial surge in Bitcoin’s value following the US Securities and Exchange Commission’s approval of a spot ETF, and a subsequent surge in demand for the leading cryptocurrency. Renowned as a Bitcoin advocate, Saylor reaffirmed his belief in the unparalleled potential for Bitcoin, foreseeing […]
The recent surge in Bitcoin’s price over the weekend caught many market observers by surprise. The alpha coin marked a 1.5% gain in the last 24 hours, bringing Bitcoin’s value above the psychologically important $30,000 threshold, which also serves as a key resistance level. At the time of writing, Bitcoin was trading at $30,154, up […]
The excitement surrounding the potential approval of a spot Bitcoin exchange-traded fund (ETF) located in the United States is developing, as evidenced by the spike in Google searches for this cutting-edge financial instrument. The increased interest from the general public and retail investors highlights the growing excitement about the possible early 2024 launch of a spot […]
Bitcoin, the pioneer of cryptocurrencies, has gained immense popularity and attention over the years. Among the various factors that influence its price, Bitcoin halving events stand out as crucial moments in the cryptocurrency market. In this article, we’ll delve into why Bitcoin halving remains an important factor for BTC prices. Bitcoin Halving: A Brief Overview […]
A well-known North Korean hacker group has once again made headlines this week, as federal authorities have revealed that they successfully stolen approximately $41 million worth of cryptocurrencies. This audacious theft targeted an online casino and betting platform, demonstrating the group’s continued prowess in the world of cybercrime. The Federal Bureau of Investigation (FBI) has […]
Software developer MicroStrategy is set to revamp its reporting of Bitcoin (BTC) holdings each quarter, thanks to a recent decision by the Financial Accounting Standards Board (FASB). Greater transparency into their financial health will be possible owing to this reform, which will permit businesses like MicroStrategy to declare the fair value of their Bitcoin holdings […]