Following the approval of the Bitcoin ETF, the Bitcoin halving in April 2024 will be a major catalyst to push BTC price above $100,000 by the end of the year. Following the U.S. Securities and Exchange Commission’s landmark approval of America’s first spot Bitcoin exchange-traded fund (ETF), cryptocurrency enthusiasts are optimistic about the possibility of BTC price surging past $100,000 this year. Investors in the cryptocurrency industry believe the approval of the Bitcoin ETF is a pivotal step in diversifying the range of investors exposed to major cryptocurrencies. Despite the SEC’s approval of 11 Bitcoin ETFs, Bitcoin price has seen…
Author: Crypto Flexs
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join us telegram A channel to stay up to date on breaking news coverage meme coin You can explode with the highest percentage margins. This article highlights various meme tokens that are currently making waves on CMC and other exchanges. Recent events in the cryptocurrency market have seen the global market increase by 0.5% to $1.847 trillion in the last 24 hours. Meanwhile, the memecoin market rose to $22.5 billion, up 1.1% from the previous 24 hours, thanks to the SEC’s approval of the Bitcoin ETF. Current Best Meme Coins and New Meme Token ICO Calendar Moreover, amid growing investor…
Layer 1 • January 13, 2024 5:04 PM EST Posted 1 minute ago In ~ After months of hype and uncertainty surrounding the SEC’s approval of a Wall Street spot Bitcoin exchange trading product, the hopes of cryptocurrency investors appear to have been vindicated.Of the total 11 ETFs approved, 9 Bitcoin ETFs that debuted on the stock market (Grayscale’s ETF is convertible and Hashdex is still converting its Bitcoin futures fund) closed at nearly $1.5 billion in the first two days. Attracted a large amount of new capital. That’s the size of the deal, according to preliminary data shared by…
BONK is showing a bear market structure on the 12-hour chart. Sentiment toward meme coins also tilted bearish. Bonk (BONK) has had a strong rally over the past week, up 92% from January 8th to January 10th. Despite the surprising rally, price charts on higher periods showed that BONK has a bearish outlook. At press time, BONK bulls were fighting to defend the $0.000013 support level. A drop below this level is likely to push prices 25%-30% lower. Understanding BONK’s Bearish Bias Source: BONK/USDT on TradingView On the 12-hour chart, BONK posted a bearish order block at $0.000016. These zones…
In a notable statement, BlackRock CEO Larry Fink expressed a positive view of Bitcoin during an interview with CNBC today, asserting that Bitcoin is “an asset that protects you.”“I believe that if the world gets scared, if people are afraid of geopolitical risk and if they are afraid of their own risk, it will rise,” Fink said. “It’s no different from what gold has stood for for thousands of years: it’s an asset class that protects you.”Fink’s recognition of Bitcoin as a protected asset means he is helping to change the narrative surrounding the digital currency, emphasizing its role as…
Nike’s digital wearables division, .Swoosh, has hinted at delving deeper into the realm of video game fashion. According to a January 12 blog post, the company also expressed doubts about its non-fungible token (NFT) expansion plans. Nike unveils virtual travel .Swoosh, the digital flagship of Nike’s sportswear giant, recently announced its efforts and previewed its future plans. Nike also plans to strengthen its presence in the video game space by launching a new virtual product line called Nike In-Game Wearables. The team says you can purchase these wearable devices and wear them directly inside your favorite video games, adding a…
Illustration by Mitchell Preffer for Decrypt.The historic and hotly anticipated approval of a Bitcoin spot exchange-traded fund (ETF) this week basically blocked the sun from the rest of the cryptocurrency solar system and, quite frankly, caused a deluge of headlines. decryption.All the theories and analysis about what approval means for the best cryptocurrency value have finally been tested. Up or down? Is there a price? Will Bitcoin enter the next phase of its evolution or will it simply be shrugged off? After all, Bitcoin spot ETFs are nothing new outside of the United States.The answer to the question of going…
VanEck announced that it will discontinue USD multi-currency trading for a subset of its Exchange Traded Products (ETPs). These include VDOT, VBTC, VETH, and VSOL. Although it is not listed on the SIX Swiss exchange, it can be purchased in USD and EUR at Euronext Amsterdam, Xetra and Euronext Paris respectively. The suspension of trading activity will not affect the availability of CHF on the SIX Swiss Exchange. That action will not change. Multi-currency trading will be suspended from December 11, 2023 following the close of trading. VanEck is currently led by CEO Jan van Eck. He believes that we…
Vanguard refuses to host Bitcoin ETFLeading US asset management firm Vanguard Group has reinforced its cautious approach to cryptocurrencies by refusing to offer spot Bitcoin exchange-traded funds (ETFs) on its platform. This decision is consistent with Vanguard’s focus on traditional investment vehicles such as stocks, bonds and cash, which it believes are essential to a balanced long-term portfolio.JUST IN: $7.7 trillion asset manager Vanguard has been laid off. #Bitcoin Futures ETFs are issued on the platform.— Watcher.Guru (@WatcherGuru) January 12, 2024 Bitcoin futures ETF also excludedIn a further step underscoring its conservative stance, Vanguard will no longer facilitate the purchase…
Posted 1 minute ago In ~ GameStop announced the closure of its NFT marketplace. In a statement posted on the site, the company said the reason for the closure was “ongoing regulatory uncertainty in the cryptocurrency industry.” The marketplace officially launched on Halloween 2022 and focuses on gaming assets in collaboration with ImmutableX, an Ethereum layer 2 blockchain. The news marks GameStop’s virtual exit from the cryptocurrency space after shrinking its cryptocurrency wallet last August. Customers will be able to sell their NFTs on other marketplaces, a message on the website says. This is because digital assets are hosted on…