Bitcoin

Published January 4, 2024

BTC Price Dips by 8% on Wednesday as $400M Liquidated in Two Hours

Bitcoin lost 8% of its value on Wednesday following Matrixport’s report that the US SEC could reject spot Bitcoin ETF applications this month, resulting in $400 million liquidated within two hours.

 Hassan Maishera

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Published January 3, 2024

Fidelity and Galaxy Announce Fees for Proposed Bitcoin ETFs: Fortune

Fidelity and Galaxy have announced fees for their proposed spot Bitcoin ETFs, with Fidelity charging 0.39% annually while Galaxy will charge 0.59% per year after waiving the first six months.

 Hassan Maishera

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Published January 2, 2024

Bitcoin Hits Above $45,800, its Highest Level Since April 2022

Bitcoin is closing in on the $46k mark as speculation grows that the SEC could approve a spot Bitcoin ETF in the coming days.

 Hassan Maishera

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Published January 1, 2024

Bitcoin Starts the New Year Above $42k as Investors Prepare for Halving Event

Bitcoin begins the new year trading above the $42k level as investors prepare for this year’s halving event and a possible spot Bitcoin ETF approval.

 Hassan Maishera

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Published December 28, 2023

ARK Invest's Bold Shift: Exiting Grayscale for a $200 Million Pivot

Instead of holding GBTC, ARK Invest redirected $100 million into the ProShares Bitcoin Strategy ETF (BITO), a move perceived by analysts as a temporary measure.

 Nikolas Sargeant

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Published December 28, 2023

BTC Pushes Above $43k as MicroStrategy Purchases Another $615M Worth of Bitcoins

Bitcoin is trading above the $43k level once again, with altcoins also rallying as MicroStrategy purchases more than $600 million worth of bitcoins.

 Hassan Maishera

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Published December 21, 2023

A Brief Review: Why Has Bitcoin Surged Beyond $40,000?

Speculation is rife regarding the potential green light for a spot Bitcoin ETF. While there's no concrete update, the mere anticipation has triggered a Fear of Missing Out (FOMO) phenomenon among investors.

 Nikolas Sargeant

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Published December 21, 2023

Phantom Wallet Adds Support for Bitcoin, Ordinals and BRC-20 Tokens

Multichain wallet Phantom has added support for BTC, Ordinals and BRC-20 tokens following its earlier support for Ethereum and Polygon-based assets.

 Hassan Maishera

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Published December 19, 2023

Asset Manager BlackRock Revises its Spot Bitcoin ETF Application

Asset management firm BlackRock has amended its spot Bitcoin ETF proposal to include cash redemption option for investors.

 Hassan Maishera

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Published December 19, 2023

BTC Jumps to $43k as Bitcoin Fees Spike to 2-Year High

Bitcoin has added more than 4% to its value to eye the $43k level as Bitcoin transaction fees rise to a 2-year high while INJ sets a new all-time high after its 24% rally.

 Hassan Maishera

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Published December 14, 2023

Bitcoin Bounces Above $43k As Fed Projects Rate Cuts Next Year

Bitcoin is trading above the $43k level once again as the US Federal Reserve projects interest rate cuts next year.

 Hassan Maishera

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Published December 13, 2023

Bitcoin Slips Below $41k Ahead of Fed’s Rate Decision

Bitcoin has lost more than 2% of its value and is now trading below $41k as investors eye today’s Fed rate decision.

 Hassan Maishera

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Published December 12, 2023

El Salvador Approves the World’s First Bitcoin Bonds

El Salvador’s Volcano Bonds has gained regulatory approval, making it the world’s first Bitcoin bonds.

 Hassan Maishera

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Published December 11, 2023

Bitcoin Drops Below $42k As Market Shakes Off Overleveraged Traders

Bitcoin has lost more than 4% of its value in the last 24 hours as the market shakes off overleveraged traders.

 Hassan Maishera

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