Bitcoin value drops 10% as market braces for volatility ahead of halving event

Bitcoin miner outflows hit multi-month peak as ETFs gain SEC nod

In a significant milestone for the cryptocurrency sector, Bitcoin exchange-traded funds (ETFs) listed in the United States experienced a notable increase in trading, with $4.6 billion worth of shares exchanged, according to data from...

1 According to DappRadar, NFTs are seeing increased activity with positive crypto market trends and the approval of 11 Bitcoin ETFs. 2 As of 2023, there has been a 166% increase in interest in NFT collections, owing to an increase in new daily unique active wallets. 3 Despite a d...

Bitcoin price fluctuates amid SEC ETF approvals and removal

As Bitcoin (BTC) leads a sharp decline in the broader cryptocurrency market on Friday, traders looking to make quick gains are hunting for the biggest small-cap crypto gainers today on Uniswap. Small-cap cryptocurrencies almost always take the mantle for the top crypto gainers ea...

Explore expert price predictions for Bitcoin's future, ranging from $100,000 to $1.5 million post-SEC ETF approval.

In a Fox Business interview, the former Bitcoin skeptic defended the cryptocurrency as a shield against government manipulation and economic instability.

Schwab, Robinhood embrace new funds that some see as new and risky.

Bitcoin price experienced another sudden decline, bringing the total losses to 10 percent and reaching the level of $ 41,500. Continue Reading: Bitcoin Price Drops to $41,500: Scaramucci Explains the Reason for the Decline, Gives a Day for the Decline to End

Bitcoin's spot ETF approvals prove to be a sell the news event amid a 10% daily drop for the crypto asset.

1 PEPE, SHIB, and BONK have benefited from the Bitcoin ETF approval and the positive sentiment in the crypto market. 2 The technical indicators for all three coins are also positive, suggesting more room for growth. The approval of Bitcoin ETFs by the US Securities and Exchange C...

(Bloomberg) -- Bitcoin’s decline since the start of trading of exchange-traded funds that hold the cryptocurrency was driven in part by sales of Grayscale Bitcoin Trust shares, according to SkyBridge Capital founder Anthony Scaramucci. Most Read from BloombergIran Wins With US Airstrikes on Houthis in YemenLarge Backers of Private Equity Are Asking For Their Money BackCiti to Cut 20,000 Roles in Fraser’s Bid to Boost ReturnsBlackRock Buys Infrastructure Firm GIP for $12.5 Billion in Major Altern

Bitcoin Cash, Sui, and Tezos price resurgences could make them the best cryptos to buy now amid the market retracement. Image by cryptonews.com. Even as the overall crypto market faces selling pressure, impactful developments have lifted SUI to a record 8-month high so far today....

BlackRock CEO Larry Fink is praising Bitcoin, calling it “digital gold” and bigger than any government. BlackRock is one of the firms to adopt the newly approved Spot Bitcoin ETF for its investors. JUST IN: BlackRock CEO...

1 The Bitcoin ETF approval and the upbeat mood in the crypto market have lifted DOGE, ETH, and BTC. 2 The technical indicators for all three coins are also positive, suggesting more room for growth. The SEC’s green light for Bitcoin ETFs boosted the crypto market’s mood and movem...

Discover the top-performing cryptocurrencies defying the market downturn. BCH, SUI, and XTZ lead the pack as the best crypto to buy now.

11 competitors are all vying for investors' money. That's great for consumers.

Rising Bitcoin prices and on-chain signals suggest an overheating crypto market, especially relevant with the upcoming Bitcoin halving.

After a period of bullish momentum leading Bitcoin to surpass the $49,000 threshold, the digital currency faced a setback, with prices tumbling to the vicinity of $43,150 subsequent to the approval of U.S.-based spot Bitcoin Exchange-Traded Funds (ETFs) by the Securities and Exch...

Spot bitcoin ETFs continued to live up to the hype in a second day of trading, with total volume of $3.1 billion. That's compared to the $4.6 billion …

More Crypto Online, a YouTube cryptocurrency analyst, highlights that the current five-wave trend on the Bitcoin chart could open the door to an even larger trend.

After a period of bullish momentum leading Bitcoin to surpass the $49,000 threshold, the digital currency faced a setback, with prices...

1 Senator Warren criticized the SEC for approving Bitcoin spot ETFs 2 She argued that the SEC was “wrong on the law and policy.” 3 Warren called for stronger anti-money laundering rules for crypto The Securities and Exchange Commission’s (SEC) decision to greenlight several Bitco...

More Crypto Online, a YouTube cryptocurrency analyst, highlights that the current five-wave trend on the Bitcoin chart could open the door to an even larger trend.

After a robust first day, the action persisted as Grayscale, BlackRock and Fidelity ranked as most traded spot bitcoin ETFs.

Eleven spot bitcoin (BTC-USD) ETFs kicked off trading Thursday after securing approvals on Wednesday. Investors flocked to the new crypto offerings, driving $4.6 billion in volumes on opening day. Delta Air Lines (DAL) topped fourth-quarter earnings estimates but trimmed its 2024 profit guidance on the back of lingering cost pressures. Though Delta grew revenue 12% last quarter as travel rebounded, margins continue to suffer on high operating expenses. UnitedHealth Group (UNH) shares slipped as the healthcare giant reported a higher-than-forecasted medical loss ratio of 85% for the fourth-quarter, surpassing estimates for 83%. However, UnitedHealth reaffirmed its full-year 2024 outlook, though investors remain cautious on price trends. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Angel Smith.

BlackRock CEO Larry Fink talked about Bitcoin Spot ETFs in the program he attended on FOX Business this time. Continue Reading: BlackRock CEO Larry Fink Talks About Bitcoin Again: XRP Spot ETF Question Asked

Just before 2023 ended, ARK Invest CEO Cathie Wood sold all of the company's remaining Grayscale Bitcoin Trust (GBTC) holdings. The firm's Next Generation Internet Fund (ARKW) sold 2.25 million shares of GBTC and used some of those holdings to purchase 4.32 million shares of the ProShares Bitcoin Strategy ETF (BITO). While both GBTC and BITO track the price of Bitcoin with futures, GBTC is slightly different from BITO in terms of its relationship with spot Bitcoin exchange-traded funds (ETFs). I

The fund would offer actively managed exposure to GBTC.

Coinshares executives have published a new comprehensive report regarding Bitcoin mining. Here are all the details. Continue Reading: How Much Should BTC Price Be For Bitcoin Mining To Be Profitable After Halving? Experts Share Report

Traders continue to sell the news of the Bitcoin ETF.

Economist Peter Schiff has openly criticized Grayscale's Bitcoin Trust strategy as Bitcoin prices continue to tumble

On Wednesday, January 10, the US Securities and Exchange Commission approved eleven spot bitcoin ETFs. Among the approved spot bitcoin ETFs were ones from Grayscale, Fidelity, and Bitwise. Yahoo Finance sat down with some of spot bitcoin ETF issuers this week. Here are some of their top takeaways. Ark Invest Founder, CEO, & CIO Cathie Wood (00:00:17) Ark Invest Founder, CEO, and CIO Cathie Wood notes three of the “competitive advantages” in Ark Invest's ETF, the ARK 21Shares Bitcoin ETF (ARKB). “One is our infrastructure and operation,” Wood says, “the second is research… The third competitive advantage we have is a sales force that started selling our exposure to bitcoin in 2016.” Wood adds, “we are looking at bitcoin as a public good. It is essentially, from a technology point of view… going to be the financial super highway of the internet.” Grayscale CEO Michael Sonnenshein (00:01:09) Grayscale CEO Michael Sonnenshein discusses “three things” regarding fees as the company’s spot bitcoin ETF, Grayscale Bitcoin Trust (GBTC), is charging a 1.5% fee, which is above many of the other spot bitcoin ETF fees. “Number one, we made a commitment to our investors that we would lower our fees… we made good on that promise and we’ve reduced fees by 25 percent,” Sonnenshein explains. “Number two, investors should have choice… And three… GBTC is differentiated. It brings a market value to investors that I think they know and appreciate.” Bitwise Asset Management CIO Matt Hougan (00:02:02) Bitwise Asset Management CIO Matt Hougan explains “two things” he thinks investors will look for in spot bitcoin ETFs. One is “what is the lowest fee product, cause the less you pay the more you get in finance,” Hougan notes. “And then who has the support systems to provide research and answers and data to execute trades well… the combination of crypto expertise and low cost, we think is a winner for” the company's spot bitcoin ETF, Bitwise Bitcoin ETF (BITB). WisdomTree Global Head of Research Christopher Gannatti (00:02:22) WisdomTree Global Head of Research Christopher Gannatti discusses why “it's going to be among the most competitive dynamics that we believe we have seen at WisdomTree in the ETF industry.” “Everyone is providing exposure to the same underlying spot oriented bitcoin ETFs. Many of the providers also waving the fees to zero, at least initially for various points of time and amounts,” Gannatti notes. The firm manages its own bitcoin fund under the ticker (BTCW). Senator Cynthia Lummis (R-WY) (00:03:12) Senator Cynthia Lummis (R-WY) explains that “when the traditional financial services industry has now adopted and recognized the long-term benefits of bitcoin specifically, as part of a diversified asset allocation. It helps make the case for having a robust, regulatory framework for digital assets so that investors can begin to further diversify their investments and incorporate a long-term store of value like bitcoin into their investment strategies.”

Following the Bitcoin Spot ETF approvals, there are about 100 days left for the halving events, which is another historical event. Continue Reading: Bitcoin (BTC) Halving is Only 100 Days Away: Here’s the Latest Information and Other Altcoins to Have Halving

Economist Peter Schiff has openly criticized Grayscale's Bitcoin Trust strategy as Bitcoin prices continue to tumble

According to the latest data, there was a large inflow of funds into Bitcoin Spot ETF products on the first trading day. Here are the details. Continue Reading: How Much Funds Inflows to Bitcoin Spot ETFs on Their First Day? How Many BTC Did ETFs Buy in Total? Here is the Current...

Bitcoin [BTC] dropped to near $43,000 Friday, a fall of 6% in day-over-day trading, while some bitcoin mining stocks tumbled over 10% extending yesterday's decline after Thursday's highly-anticipated spot bitcoin ETF debut.

Gensler said the Securities and Exchange Commission may have approved the ETFs, but he does not endorse Bitcoin.

UBS Group is now allowing eligible wealth management clients to trade spot bitcoin exchange-traded funds, following SEC's approval of bitcoin ETFs.

XRP is trading around $0.6 at press time, with a 2% decrease over the last 24 hours. While the broader crypto market has rallied over the past month thanks to positive Bitcoin ETF approvals and altcoin surges, XRP has barely budged, dropping 4% in the last 30 days. According to c...

The impressive sounding number comes with some caveats, but overall the long-awaited Bitcoin ETFs look like a hit.

Senate Finance Committee Chair Sen. Ron Wyden, D-Ore., and Sen. Cynthia Lummis, R-Wyo., are calling for an investigation into what caused the SEC's X …

On a CNBC segment this morning, the SEC chair also remained vague about Ethereum's status as a security following Bitcoin ETF approvals.

Sens. Ron Wyden and Cynthia Lummis are calling for an investigation into what caused the SEC's X account to be compromised.

When the Securities and Exchange Commission (SEC) decided to approve Spot Bitcoin ETFs for public trading on Wednesday, the deciding vote fell to chairman Gary Gensler. After years of criticizing and rejecting such products, what caused the chairman to change his mind? Based on h...

Spot bitcoin ETF Franklin Templeton Digital Holdings Trust (EZBC) has cut its fee, making it (as of late Friday morning) the lowest among all current issuers. The asset management firm will also waive fees until the fund reaches $10 billion in assets under management. The newly approved spot bitcoin ETFs collectively saw more than $4 billion in volume on the first day of trading. Sandy Kaul, Franklin Templeton's Head of Digital Asset and Investor Advisory Services, joins Yahoo Finance Live to discuss the company’s involvement in the digital asset space. Kaul believes that the addition of a spot bitcoin ETF to the company’s suite “provides a new type of alternative exposure” that, ideally, will provide investors the opportunity to diversify their portfolios at a lower rate. Kaul does note there are higher costs that the company will have to absorb, but remains optimistic, “we have confidence, over the long run, that we will raise more than enough assets to be able to offer this really strong incentive early on.” Kaul acknowledges the concerns and fears that many investors have about investing in bitcoin, stating plainly that “there were bad actors that took advantage of that lack of oversight in the early years,” of bitcoin, but notes regulations will be expanding globally. Kaul also discusses the “peer-to-peer” nature of the bitcoin industry, stating “this is really the next generation of platform economies” and expects the sector to become more accessible to every sort of investor. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Eyek Ntekim

(Bloomberg) -- Bitcoin continued to pull back from a two-year high as traders parsed results from the much ballyhooed first day of trading of exchange-traded funds holding the cryptocurrency. Most Read from BloombergLarge Backers of Private Equity Are Asking For Their Money BackCiti to Cut 20,000 Roles in Fraser’s Bid to Boost ReturnsBlackRock Buys Infrastructure Firm GIP for $12.5 Billion in Major Alternatives PushIran Wins With US Airstrikes on Houthis in YemenGoogle Lays Off Hundreds in Hardw

Grayscale Bitcoin Trust transferred approximately 4,000 BTC, valued at $183 million, to Coinbase Prime deposit addresses.