All-time highs next? Bitcoin holds $62K as the Dollar index tumbles to 3-week lows
The U.S. dollar index reached its lowest levels in three weeks on Tuesday, triggering the Rising Wedge pattern. Go to Source Powered by WPeMatico
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The U.S. dollar index reached its lowest levels in three weeks on Tuesday, triggering the Rising Wedge pattern. Go to Source Powered by WPeMatico
Bloomberg ETF analysts are predicting Valkyrie’s futures-based Bitcoin ETF will commence trading this week. Go to Source Powered by WPeMatico
Grayscale Investments has confirmed its plan to file for its bitcoin trust (GBTC) to be converted into a bitcoin exchange-traded fund (ETF). “The NYSE Arca will file a document called the 19b-4 to convert GBTC into an ETF,” said Grayscale’s official. GBTC to Become Bitcoin ETF Grayscale Investments has confirmed that it will convert its … Read more
Bitcoin price increases will also be less dramatic moving forward, the report suggests. Go to Source Powered by WPeMatico
The owner of the NBA team Dallas Mavericks, Mark Cuban, has said “no” to investing in bitcoin-based exchange-traded funds (ETFs), one of which could start trading next week in the U.S. The Shark Tank star does not see a reason for him to invest in a bitcoin ETF, emphasizing that he can buy the cryptocurrency … Read more
The price of bitcoin jumped over 8% during the last 24 hours after a number of documents stemming from the U.S. Securities and Exchange Commission’s (SEC) web portal indicated that the Proshares Trust exchange-traded fund (ETF) could be listed as soon as next week. Proshares filed a post-effective amended prospectus on Friday that shows the … Read more
The U.S. Securities and Exchange Commission (SEC) has tweeted about investing in funds that hold bitcoin futures contracts. This has sparked optimism within the crypto community that the regulator may soon approve bitcoin exchange-traded funds (ETFs), especially those investing in bitcoin futures. Optimism Grows That SEC Will Approve a Bitcoin Futures ETF Soon The official … Read more
According to Bloomberg Senior ETF analyst Eric Balchunas there are “good signs” that the SEC will approve Bitcoin futures ETF applications from Ark Invest and Valkyrie. Go to Source Powered by WPeMatico
ETH/BTC dropped below its 200-day exponential moving average for the first time since March 2020, raising risks of more downside. Go to Source Powered by WPeMatico
Institutional investors piled $225 million into Bitcoin products while Ether products saw outflows of $13.6 million this past week. Go to Source Powered by WPeMatico