The Securities and Exchange Commission (SEC) of the United States has granted long-awaited approval to 11 Bitcoin Spot ETFs, marking a significant milestone in Bitcoin's integration into mainstream finance. The official announcement was made on the SEC's website, which is regarde...

Source: Pixabay Bitwise Asset Management has unveiled plans to allocate 10% of the profits generated by its Bitwise Bitcoin ETF (BITB) to support Bitcoin open-source development. CEO Hunter Horsley expressed enthusiasm about funding core developers, particularly those who have pl...

Bitwise Asset Management will allocate 10% of the profits generated by its BTC ETF to support Bitcoin open-source development.

The long-awaited spot bitcoin ETF approval earlier today in the U.S. will likely have a bigger impact on crypto development in Asia, co-founder of …

The post Grayscale Leads the Way: Achieving Spot Bitcoin ETF Approval appeared first on Coinpedia Fintech News The recent approval of the spot Bitcoin ETF by the U.S. Securities and Exchange Commission (SEC) marks a pivotal moment in the financial world. This milestone not only s...

Ark Invest CEO Cathie Wood has expressed disappointment at the statement made by SEC Chair Gary Gensler shortly after the agency approved a dozen exchange-traded funds (ETFs) that directly hold Bitcoin. “He just denigrated the whole crypto space. I couldn’t believe it,” she said ...

Following the U.S. approval, Hong Kong could be the next hub in Asia to introduce a spot crypto ETF, regional experts said.

Ark Invest CEO Cathie Wood has expressed disappointment at the statement made by SEC Chair Gary Gensler after the agency approved ETFs.

A Hong Kong lawmaker urged the local government to quickly follow suit after the U.S. approved spot bitcoin exchange-traded funds earlier today. …

Johnny Ng, a Hong Kong lawmaker, said on X that Hong Kong should “take the lead” in the crypto space by introducing spot crypto ETFs.

Bitcoin held steady on Thursday after regulators approved the first U.S.-listed exchange traded funds (ETFs) to track the world's largest cryptocurrency, seen as a landmark move that could broaden its appeal to investors. The Securities and Exchange Commission (SEC) said on Wednesday it approved 11 applications, including from BlackRock, Ark Investments/21Shares, Fidelity, Invesco and VanEck, with most of the products expected to begin trading later in the day. Bitcoin was little changed in Asian hours and was last at $46,337.

NuggetRush (NUGX) is gaining traction as spot Bitcoin ETF dominates

Discover why altcoins are surging as US regulators approves spot Bitcoin ETFs with double digit gains for Ethereum, Cardano, and Avalanche.

Elon Musk wisely opts out of Bitcoin debate, prioritizing investor interests over crypto disputes. #ElonMusk #BitcoinTalk #InvestorFirst Read More The post Elon Musk Rightly Ends Bitcoin Debate appeared first on Crypto News Land.

Gary Gensler says that bitcoin is a speculative, volatile asset that’s also used for illicit activity.

According to renowned crypto trader and analyst PlanB, Bitcoin (BTC) could hit $55,000 before its halving cycle in April 2024. BTC’s halving event will slash rewards for miners by half. Many consider BTC’s halving a bullish...

SEC approves Spot #Bitcoin ETFs from VanEck, Fidelity, BlackRock & more! A major leap for #crypto legitimacy and adoption. 🚀 #BitcoinETF #Cryptocurrency #Investing Read More The post SEC Greenlights Spot Bitcoin ETFs: A Milestone for Crypto appeared first on Crypto News Land.

The post Bitcoin Price Prediction Post Halving : Here’s What to Expect For BTC Price appeared first on Coinpedia Fintech News Adrian Zduńczyk, a Chartered Market Technician from Poland, recently talked about the current state of the cryptocurrency market, particularly focusing on...

SEC Chair Gary Gensler, a vocal crypto critic, denies endorsing Bitcoin despite approving 11 spot Bitcoin ETFs

Guide: What is Fidelity’s Spot Bitcoin ETF Ticker?Fidelity’s FBTC: A Game-Changer in the Cryptocurrency LandscapeFidelity has taken a decisive step in cryptocurrency by listing its Spot Bitcoin ETF. Clearing Corporation (DTCC)...

The post XRP ETFs Will Not Be Approved This Year Due to Legal Fight With SEC – Bloomberg Analyst appeared first on Coinpedia Fintech News James Seyffart, an ETF analyst at Bloomberg, recently talked about the potential impact of Bitcoin ETFs and the strategies various issuers mig...

Prominent figures in the crypto industry have expressed optimism about increased crypto adoption and a more mature crypto market following the U.S. …

The post Anthony Pompliano Says Bitcoin ETF Issuers Might Spend $100 Million in the First Year appeared first on Coinpedia Fintech News Anthony Pompliano has outlined several predictions related to the highly anticipated approval of the Bitcoin spot ETF. As the ETF approval loom...

Derivatives traders scale back in Bitcoin market while Ethereum sees rise in open interest following SEC ETF spoof.

Prominent figures in the crypto industry expressed optimism about greater crypto adoption, while Moody’s analysts warned about volatility.

The post BTC Price Poised To Drop Nearly 25% in The Pre-Bitcoin Halving Period appeared first on Coinpedia Fintech News Analyst Rekt Capital recently opened up about the five Bitcoin Halving phases, placing specific focus on the last three. As the Halving approaches, he said tha...

The post Bitcoin ETF Approved : Here’s What Next For Crypto Market appeared first on Coinpedia Fintech News The recent acceptance of Bitcoin ETFs by the U.S. Securities and Exchange Commission (SEC) represents a pivotal moment for the cryptocurrency industry, with profound implic...

The post Gary Gensler’s Bold Statement On Crypto Post Bitcoin ETF Approval appeared first on Coinpedia Fintech News The U.S. Securities and Exchange Commission (SEC) officially approved all Bitcoin Spot ETFs on January 10, 2024, following a rollercoaster of confusion earlier in t...

(Bloomberg) -- Ark Investment Management LLC’s Cathie Wood said she was taken aback by Securities and Exchange Commission Chair Gary Gensler’s statement shortly after the agency approved around a dozen exchange-traded funds that will directly hold Bitcoin. Most Read from BloombergAmazon’s Twitch to Cut 500 Employees, About 35% of StaffSEC Authorizes Bitcoin-Spot ETFs in Crypto’s BreakthroughSEC Says FBI Is Investigating Compromise of Agency’s X AccountBoeing CEO Fights Back Tears and Admits ‘Our

The cryptocurrency space is abuzz about the possibility of the US SEC (Securities and Exchange Commission) approving a spot Bitcoin (BTC) ETF (Exchange Traded Fund). Bloomberg analysts say there is a 95% chance that the financial watchdog...

Hashdex confirms news after SEC's order approving all 11 issuers disappears from website.

The post SEC Approves All Bitcoin Spot ETFs! appeared first on Coinpedia Fintech News The SEC has given the green light to all Bitcoin spot exchange-traded funds (ETFs), including those proposed by Grayscale, Bitwise, and Hashdex. Commissioner Hester Peirce, a long-time advocate ...

Ethereum (ETH) Loses Fight Against Bitcoin (BTC): No Alt Season?

Discover Bitwise's commitment to supporting Bitcoin open-source development through donating Bitcoin ETF profits.

Spot Bitcoin ETF Approved, Set to Begin Trading on Thursday

US SEC approves bitcoin ETFs in watershed for crypto market

Guides: What is Grayscale Spot Bitcoin ETF Ticker?Grayscale and VanEck’s Bold MoveIn a strategic move, Grayscale and VanEck have officially registered to list their spot Bitcoin ETF shares on major exchanges, NYSE Arca and Cboe...

AMBCrypto's analysis of the ETH/BTC chart showed that the altcoin slipped to its lowest against Bitcoin since May 2022

The U.S. Securities and Exchange Commission (SEC) has greenlighted the creation and trading of Bitcoin exchange-traded funds (ETFs). The move, which comes following numerous applications over the years, marks a pivotal moment for the crypto industry, enabling mainstream investors...

Members of the U.S. Securities and Exchange Commission (SEC) commented on the approval of various spot Bitcoin products on Jan. 10.

Spot Bitcoin ETFs will start trading Thursday, but one crypto-friendly SEC Commissioner says it's a day far too long in coming.

Solana traders are jumping on the Bitcoin ETF news. The meme tokens, unsurprisingly, crashed shortly thereafter.

Amid a 31% decline from its historical peak, a significant development surfaces: more than 90% of Bitcoin addresses are presently in a profitable state, as indicated by insights from IntoTheBlock’s on-chain analysis. This milestone...

The Bitcoin blockchain permanently commemorates another historic moment: the SEC chair’s Bitcoin ETF approval statement.

The Republican-led U.S. House of Representatives Financial Services Committee on Wednesday sent a letter to the Securities and Exchange Commission, seeking a briefing on a fake post on the SEC's X social media account a day earlier. The SEC eventually on Wednesday approved the first U.S.-listed ETFs to track bitcoin. "To better understand how this breach occurred and how the SEC will ensure it cannot happen again, please provide a briefing to Committee staff no later than January 17, 2024," the panel said in its letter to SEC Chair Gary Gensler on Wednesday.

Just ten days into the new year, the US Securities and Exchange Commission (SEC) has approved a host of Spot Bitcoin ETFs. With some massive asset management first issuing the investment product, their popularity is likely to skyrocket....

1 ETC accepts many assets from users, these include stable coins, altcoins and tokens. 2 The ETC token dropped below its 50-Day EMA, see the prediction below. Ethereum Classic, like Bitcoin, employs a Proof of Work (PoW) consensus mechanism for validating transactions. To ensure ...

Billionaire Elon Musk answered Cathie Wood's question about Bitcoin (BTC) following ETF approvals in the conversation he attended. Continue Reading: JUST IN: Elon Musk Speaks About Bitcoin After Bitcoin Spot ETF Approvals

Thursday, January 11, 2024 – Eleven spot Bitcoin ETFs have been approved by the US Securities and Exchange Commission (SEC) and start trading today. The greenlight for the first ever spot crypto ETFs in the US throws open the doors for institutional and retail investors. It provi...

Following the landmark approvals, Bloomberg has predicted an astronomical $4 billion for Spot Bitcoin ETF’s first day of trading. Moreover, they forecasted that $2 billion of those inflows alone could be set to come from BlackRock’s...