This Thursday, 11 January debut follows a day after the SEC approved direct investing in bitcoin. In total, the regulator approved 11 ETFs, steered by financial wealth managers such as BlackRock Inc. (BLK), Fidelity Investments (FBTC), and the Grayscale Bitcoin Trust (BTC). Bloomberg reports that approximately $4.6bn did the rounds after a fierce first day…
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According to Reuters, these upticks follow an economic sigh of relief after US interest rate cuts and widespread anticipation that US stock market-traded bitcoin funds will soon be approved. Bitcoin broke records on Monday, when it hit the $41,522 mark, the highest value the digital currency reflected since April 2022. Analysts indicated the world’s most…
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The sudden increase came in response to an incorrect report, which rumoured that BlackRock Inc. got the go-ahead to launch a spot cryptocurrency ETF. This catapulted Bitcoin to a value of $30,002 on Monday, the highest it has been since August. Things simmered down after BlackRock said the relevant application is still under review with…
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Bitcoin Cash is perhaps the most famous hard-fork of Bitcoin and it is also the fourth largest cryptocurrency, making this new hard-fork a significant move by developers and miners involved. With Bitcoin Cash itself being one of the most important forks to occur within the crypto space, this latest development could lead to a new…
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Forex and CFD provider AvaTrade just announced that it is adding 2 high-profile cryptocurrencies to its selection of 250+ financial instruments. Bitcoin Gold and EOS have recently become the go-to instruments for traders across the globe and are now available on the AvaTrade platforms at optimal trading conditions. Along with these new additions, AvaTrade has…
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Amid the crypto sell-off these days, Bitcoin Cash is the only cryptocurrency out of the biggest five by market cap to be "in green" on Thursday. Bitcoin, Ethereum, Ripple and Cardano are all losing some of their value, after noting high volatility of ups, downs and some stability just two days ago. Bitcoin Cash, on…
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