Invesco Galaxy Bitcoin ETF Added to DTCC Site
Invesco and Galaxy’s proposed spot bitcoin ETF BTCO was added to the DTCC’s website, advancing its approval process. This does not guarantee SEC approval.
Invesco and Galaxy’s proposed spot bitcoin ETF BTCO was added to the DTCC’s website, advancing its approval process. This does not guarantee SEC approval.
Bitcoin has formed a bullish “Golden Cross” chart pattern before its 2024 halving. Historical data and analysts suggest now is the time to buy BTC for new all-time highs after the halving occurs.
Bitcoin OG Lucky stated in a tweet he believes XRP’s price is closer to reaching $1 or $10 than most in crypto assume due to Ripple’s progress.
VanEck’s Gabor Gurbacs believes El Salvador’s bitcoin adoption and pro-crypto policies can transform it into a major financial hub like Singapore.
Bitcoin could see a temporary correction after hitting resistance at $35k, or break higher if bulls can overcome sellers, based on technical and on-chain analysis.
The U.S. Securities and Exchange Commission (SEC) could face legal challenges if it decides to reject applications for spot Bitcoin exchange-traded funds (ETFs), according to a recent report by JPMorgan analysts.
The US government missed out on an additional $116 million in potential profits by selling seized Bitcoins earlier this year rather than holding them longer, highlighting the challenges governments face in managing cryptocurrency assets.
Bitcoin reached nearly $35,000, its highest in 18 months, on rumors of an imminent BlackRock ETF approval, while XRP rose on Ripple’s legal wins and SHIB’s burn rate spiked 400%.
The potential approval of a spot bitcoin ETF by the SEC is seen as a watershed moment that could bring a flood of institutional investment and take crypto mainstream.
Coinbase has denied viral social media rumors that it imposed a $5,000 weekly withdrawal limit on Bitcoin, clarifying that no such policy exists.