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The SEC has been deliberating about twelve spot Bitcoin ETF filings since November 9. Grayscale Investments’ move with its Grayscale Bitcoin Trust product is among those under consideration; decisions must be made by November 17. Investors and supporters of bitcoin are anxious to see how the SEC responds to their …
The price of bitcoin is consolidating its gains beneath the $37,000 mark. In the event that BTC closes over $36,800 and $37,000, positive momentum may build. Gains are being held by Bitcoin over the $36,000 support level. The 100 hourly Simple moving average and $37,000 are both being traded below …
The discount on the Grayscale Bitcoin Trust (GBTC) has shrunk to its lowest points since July 2021 thanks in part to the excitement around ETFs. YCharts data indicates that the discount between GBTC’s net asset value and its current discount is 10.35%. This is a considerable decrease from the record …
Prominent cryptocurrency analyst Plan B pointed out that traders who took advantage of Bitcoin’s halving cycles would benefit more than those who would purchase and keep. The seasoned trader pointed out that the last three halvings have coincided with the majority of Bitcoin price gains. Arthur Hayes, the founder of …
Some traders predict that by mid-2024, Bitcoin (BTC) values, which are going through a “acceleration phase” characterised by volatility and a strong surge, might reclaim its lifetime top price of over $69,000. Compared to current pricing of $36,500, that is an 88% increase. According to Trading.biz analyst Cory Mitchell, “Bitcoin …
A major agitation is occurring in the cryptocurrency market as Bitcoin (BTC) breaks $37,000, a level of price not seen in the previous 18 months. This increase coincides with a wave of excitement surrounding the SEC’s impending ruling on a number of Bitcoin ETFs. Experts indicate that it may take …
Bitcoin has returned. The price skyrocketed to $37,000, the highest point of the year as demand continued to rise. The price of Bitcoin increased by about 137% from its 2022 low. The market capitalization of all cryptocurrencies is therefore getting close to $1.4 trillion. Most cryptocurrencies, including OKB, Huobi Token, …
On Wednesday afternoon, ether and bitcoin both continued to rise, as altcoins continued to rule the market. Experts speculate that this could indicate the start of a phase characterised by an increased desire for danger. On Wednesday, Polygon (MATIC) and Chainlink (LINK) reported double-digit growth. After leading the surge earlier …
As the digital asset bellwether, Bitcoin (BTC) has become well-known, frequently acting as a leading indication for the direction of the market. As the current cycle exhibits an attractive combination of macroeconomic variables, regulatory developments, and technical settings, more and more analysts are predicting optimistic outcomes for the leading cryptocurrency. …
The price of bitcoin attempted once more to break through the $36,000 barrier. Bitcoin is currently correcting downward towards the $35,200 support after struggling once again. Once more, Bitcoin was unable to overcome the crucial $36,000 resistance level. The 100 hourly Simple moving average and $35,000 are both being traded …