Bitcoin’s Rocky Road Ahead: Analyst Warns Of Post-ETF Price Plunge
Published by Benzinga A crypto specialist, known by the pseudonym The Flow Horse, has recently voiced concerns about the imminent future of Bitcoin (CRYPTO: BTC). What Happened: The analyst anticipates a downward trend for Bitcoin in the upcoming period. In…
2024 Crypto Outlook: Influencers Optimistic On Bitcoin ETF, Shibarium, And Dogecoin
Published by Benzinga Cryptocurrency markets are significantly influenced by social media, where numerous users are crypto analysts, experts, and traders. As we approach the new year, let’s explore the perspectives of several prominent X users with millions of followers on…
Cathie Wood’s ARK Fund Exits Grayscale Bitcoin Trust Ahead Of SEC Decision, Citing ‘Abundance Of Caution’
Published by Benzinga One of Cathie Wood’s funds, the ARK Next Generation Internet ETF (NYSE:ARKW), has offloaded its entire stake in the Grayscale Bitcoin Trust (OTC:GBTC) ahead of the U.S. Securities and Exchange Commission’s (SEC) decision on Bitcoin ETFs. What…
Binance Founder Changpeng Zhao Blocked Again From Leaving US Ahead Of His February Sentencing
Published by Benzinga Binance (CRYPTO: BNB) founder and former CEO Changpeng Zhao has been denied travel permission by a U.S. judge for the second time, ahead of his sentencing in February 2024 for banking law violations. What Happened: U.S. District…
BlackRock, Fidelity, WisdomTree Name Jane Street, JPMorgan As Authorized Participants For Bitcoin ETFs
Published by Benzinga BlackRock Inc. (NYSE:BLK), Fidelity (NYSE:FIS), and WisdomTree Inc. (NYSE:WT) have announced market maker Jane Street Capital and JPMorgan Securities (NYSE:JPM) as the “authorized participants†for their potential Bitcoin ETFs, which are currently awaiting regulatory clearance. What Happened:…
Ark sells Grayscale Bitcoin Trust and invests in Bitcoin futures ETF | CoinDesk JAPAN
ARK Invest yesterday bought 4.3 million shares of the ProShares Bitcoin Strategy ETF (BITO) after selling its remaining holdings in the Grayscale Bitcoin Trust (GBTC). The price of ProShares is valued at $9.2 million (approximately 1,288 million yen, equivalent to…
Bitcoin will replace Ethereum as the foundation for NFTs and meme coins in 2024 | CoinDesk JAPAN
When people hear the term “smart contract,†many people probably think of DAOs (decentralized autonomous organizations), DEXs (decentralized exchanges), and NFTs, which are mainly based on the Ethereum blockchain. However, that situation is about to change. In 2024, Bitcoin will…
Bitcoin ETF approval could be “selling on the newsâ€: CryptoQuant | CoinDesk JAPAN
Bitcoin (BTC) will fall to $32,000 next month (January 2024) following the anticipated approval of a physical ETF, data provider CryptoQuant predicts. Regarding the ETF approval, which is said to be a “sell on the news†event, CryptoQuant told CoinDesk…
SEC Scored, Kwon Floored: Judge Rules Terraform Must Answer For Alleged Crypto Scam In Court
In a court ruling on Thursday, Dec. 28, a U.S. federal judge sided with the Securities and Exchange Commission (SEC) against Terraform Labs and its founder Do Kwon regarding the offering and sale of unregistered securities. The decision was handed…
Number of Binance users to increase by 30% in 2023 ─ Huge fine, Zhao’s resignation shows strength | CoinDesk JAPAN
The number of users at crypto exchange Binance will increase by 30% in 2023, CEO Richard Teng said on December 28. In November, the company paid a huge fine and reached a settlement with US regulators, which led to the…