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 →
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 →
The relentless volatile march of Bitcoin continues… again! Bitcoin jumped gain, edging ever closer to its all-time high after the rally took a breather over the weekend. Last week, Bitcoin surged $10,000 in the space of a couple of days. It looks very much like the ETFs are kicking in duringRead More →
What a difference a day makes Bitcoin climbed to touch $49,000 after the SEC recently gave the go ahead for the Bitcoin ETF. The last time I checked it was at $39,000 (23rd January 2024). Oh, dear me – the dramatic pain of volatility. Bitcoin volatility has increased after theRead More →
Cathie Wood says $1.5 million Bitcoin bull case is now more likely Ark’s Invests Cathie Wood said the approval of Bitcoin Exchange-Traded Funds (ETF) in the U.S. convinced her even more that the world’s largest cryptocurrency ‘Bitcoin’ could hit her crazy bullish target of $1.5 million. For her bull case, theRead More →
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 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 →
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 extended its rally overnight, climbing past the $41,000 level for the first time since May 2022. The price of Bitcoin quickly soared above $41,000 easily taking out $40,000. The cryptocurrency is up around 13% over the past month and up more than 130% year to date. But the priceRead More →
Top tech stocks The Magnificent Seven is a term to describe seven tech’ stocks that have been surging in 2023. Dominant These seven stocks are considered to be dominant in their respective fields and have strong growth prospects driven by innovation and artificial intelligence (AI). They have outperformed the broaderRead More →
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 →