Bitcoin ETF may be a ‘limited’ benefit for Coinbase stock: Barclays
Mike Novogratz expects SEC to approve a Spot Bitcoin ETF this year. Barclays analyst does not expect that to be a huge benefit for Coinbase. Coinbase stock is currently down over 30% versus its year-to-date high. Mike Novogratz – the…
Peter Schiff is wrong about Bitcoin
Peter Schiff, the Chief Market Strategist at Euro Pacific Asset Management, is one of the most respected people in finance. He has been right on so many things in the past, including the pace of interest rates, US government debt,…
Fidelity Aims For Bitcoin ETF Approval: New Application Tackles SEC’s Previous Reservations
ETF Issuer, Fidelity Investments, submitted its Bitcoin (CRYPTO: BTC) Spot ETF “Wise Origin Bitcoin Trust†application to the SEC again. This time, Fidelity Investments has addressed the regulator’s concerns that led to the rejection of the previous Bitcoin ETF update….
US lawmakers urge White House crack down on Hamas use of crypto after Israel attack
By Hannah Lang (Reuters) -A bipartisan group of U.S. lawmakers is urging the Biden administration to swiftly crack down on the use of cryptocurrencies by Hamas and its affiliates following the Palestinian militant group’s deadly attack in Israel earlier this…
Man jailed in Lagos for $5000 cryptocurrency fraud
A Special Offences Court sitting in Ikeja, Lagos State, on Wednesday, sentenced a 25-year-old man, Babatunde Shittu, to one year in jail for engaging in and benefitting from $5,000 cryptocurrency fraud. The News Agency of Nigeria (NAN) reports that Shittu…
Novogratz Envisions Bitcoin ETF Clearance In 2023 – ‘It’s Gonna Get Approved’
Galaxy Digital Holdings Ltd. (OTC: BRPHF) CEO Michael Novogratz on Wednesday exuded confidence in the approval of spot Bitcoin-exchange-traded funds (ETFs) by the Securities and Exchange Commission (SEC) this year. Reflecting on the recent legal stride by Grayscale Investments LLC,…
Will A Spot Bitcoin ETF Approval Be The Catalyst For Crypto Summer? Experts Weigh In
With the backdrop of the U.S. Securities and Exchange Committee’s (SEC) recent decision not to contest a court ruling in the Grayscale Bitcoin (CRYPTO: BTC) ETF case, the crypto market experienced a whirlwind of excitement following a false report about…
Big trading day for Bitcoin, overshadowed by fake news of BTC ETF approval
By Darren Parkin Bitcoin was up 7% at one point yesterday, trading for just shy of $30k, only to retrace back to $28k shortly after. It’s hovering around the $28.2k level this morning, still in the green by 1.3%. Ethereum…
Bitcoin Surges, Then Falls Thanks to a Bogus Tweet
The world maybe didn’t need another example of the volatility of cryptocurrency, but it got one anyway on Monday. The price of bitcoin jumped about 10% to nearly $30,000 in a matter of minutes, all thanks to a bogus news…
Will the SEC Finally Approve a Bitcoin ETF?
The price of Bitcoin ([^BTCUSD](https://www.barchart.com/crypto/quotes/%5EBTCUSD/overview)) on Monday surged +10% to a 2-1/4 month high on an erroneous report that BlackRock, the world’s biggest money manager, had won approval from the Securities & Exchange Commission (SEC) to launch a spot Bitcoin…