Bitcoin ETF

By:
On:
In: Info, Investopia, Observation
With: 0 Comments

Bitcoin exchange-traded funds (ETFs) debuted in January 2024, yet their adoption by financial advisors has reportedly been sluggish. Advisors’ hesitations stem from Bitcoin’s price volatility and its relatively brief history. Bitcoin ETFs serve as a conduit between cryptocurrency and conventional finance. According to a BlackRock spokesperson – financial advisors areRead More →

Bitcoin ETF approval

By:
On:
In: Bits & Bytes, Info, Investopia, Knowledge, Observation
With: 0 Comments

After years of regulatory rejection, the U.S. Securities and Exchange Commission on Wednesday 10th January 2024 finally approved the Bitcoin EFT. It has approved what are known as ‘spot’ Bitcoin Exchange-Traded Funds (ETFs), which can be purchased by anyone from pension funds to retail investors. This now means that some of theRead More →

Bitcoin ETF

By:
On:
In: Bits & Bytes, Info, Investopia
With: 0 Comments

Bitcoin jumped briefly on Tuesday 9th January 2024 after a post on the U.S. markets SEC regulator’s ‘X’ account post said it had approved the Exchange-Traded Funds (ETF’s) in the cryptocurrency. This was a big news event for the cryptocurrency community and for the wider investment world. Large and smallRead More →

Cryptocurrency

By:
On:
In: Bits & Bytes, Economoney, Info, Knowledge, Politica
With: 0 Comments

Court rules SEC wrong The price of bitcoin surged Tuesday 29th August 2023 after the U.S. Court of Appeals ruled that the Securities and Exchange Commission (SEC) was wrong to deny crypto investment giant Grayscale permission to convert its popular bitcoin trust into an ETF. Bitcoin jumped around 7% following the ruling toRead More →

Bitcoin

By:
On:
In: Bits & Bytes, Info, Investopia, Observation
With: 0 Comments

Bitcoin extended its slide on Tuesday 19th March 2024, dropping more than $10,000 from its all-time high last week. The cryptocurrency went below $63000. Last week it climbed to a record $73679. The move helped drag other cryptocurrencies lower. Ether lost more than 5% and was recently trading at $3,287.58 after topping $4,000 lastRead More →

Bitcoin up on ETF growth

By:
On:
In: Bits & Bytes, Info, Investopia
With: 0 Comments

Bitcoin has been on a remarkable ascent! It soared past the $72,000 mark on Monday 11th March 2024, setting a new all-time record. This surge is attributed to a growing demand for new spot exchange-traded funds (ETFs), which have been approved for listing in the U.S. by some of the world’s largest financial firms. Read More →

Bitcoin up

By:
On:
In: Bits & Bytes, Info, Investopia
With: 0 Comments

Bitcoin’s price leapt 10% in just two days and on Monday 26th February 2024, surpassed $54,000 for the first time since December 2021 The gains came on the back of MicroStrategy disclosing another large purchase of about 3000 Bitcoins for $155 million. Analysts see a flow of funds into BitcoinRead More →

Bitcoin

By:
On:
In: Bits & Bytes, Info
With: 0 Comments

Crypto related stocks climbed Monday 8th January 2024 as the price of Bitcoin increased again to its highest level since April 2022. Crypto exchange Coinbase rose 3%, while Block and Robinhood, which also offer Bitcoin trading services, added 3% and 5%, respectively. Mining stocks enjoyed gains too: Marathon Digital and Riot Platforms advanced some 8% each. CleanSpark and Iris Energy both added 6%. ETF decisionRead More →

Bitcoin

By:
On:
In: Bits & Bytes, Info, Investopia, Observation
With: 0 Comments

Bitcoin surged Monday and Tuesday 1st and 2nd January 2024, climbing above $45,000 to hit its highest level in nearly 21 months, as the rally in cryptocurrencies continues. Other cryptocurrencies have joined in the rally, with Ether and Solana both rising. Traders are anticipating the potential approval of a bitcoinRead More →

Crypto platform

By:
On:
In: Bits & Bytes, Info, Investopia, Shareverse, Stockonomics
With: 0 Comments

Shares of cryptocurrency exchange Coinbase soared 12% Friday 16th February 2024 after the company reported its first profit in two years. Coinbase, the largest U.S. venue for buying and selling cryptocurrencies, said that net income totalled $273 million in Q4. This is the first time that the company has reported positive netRead More →

Ripple

By:
On:
In: Info, Investopia, Knowledge, Observation
With: 0 Comments

Ripple CEO Brad Garlinghouse anticipates the total value of the cryptocurrency market will double this year. He references the launch of the first U.S. Bitcoin exchange-traded fund (ETF) and the forthcoming Bitcoin halving event as key factors. “The overall market capitalization of the cryptocurrency industry is expected to double byRead More →

Cryptocurrency

By:
On:
In: Bits & Bytes, Info, Investopia
With: 0 Comments

For true cryptocurrency bulls, the most lucrative investments in 2023 were in the stock market. While Bitcoin rallied over 150% for the year, shares of Coinbase, Marathon Digital, MicroStrategy and the Grayscale Bitcoin Trust, which are all tied closely to the digital currency, did substantially better, rising more than 300% in value. Bitcoin miner Marathon Digital soared someRead More →