Galaxy Predicts 74% Bitcoin Price Growth After ETF Debut
At this point, a 74% increase brings Bitcoin to well over $59,000, which does not include “second-order effects,” according to Galaxy Digital. According to Galaxy Digital, the price of Bitcoin will increase by 74.1% in the first year following the launch of spot Bitcoin exchange-traded funds (ETFs) in the United States. Charles Yu, a research associate […]
ARK 21 Shares spot Bitcoin ETF not Listed on DTCC Website
ARK Invest and 21 Shares’ joint spot Bitcoin ETF has not yet been listed, which is unfortunate for those who closely track new Bitcoin ETF filings. Despite social media speculation, ARK Invest’s spot Bitcoin exchange-traded fund (ETF) does not appear to be listed on the Depository Trust & Clearing Corporation (DTCC) website. On Oct. 25, […]
Coinbase Debunks Rumors on Bitcoin Weekly Withdrawal Limits
Coinbase has debunked false allegations circulating on social media that it imposes withdrawal limits on Bitcoin. A user’s social media post asserting that crypto exchange Coinbase had imposed a $5,000-per-week limit on Bitcoin withdrawals was widely shared. In response, Coinbase denied the rumors. Meanwhile, a user on X (formerly Twitter) claimed on Oct. 24 that he […]
Ethereum (ETH) Nears $2,000, Altcoins Join Bitcoin Train
The Ethereum price has given a robust breakout after forming a double bottom, suggesting a continuation of the rally to $2,000 in the near future. Today, the cryptocurrency market as a whole is experiencing a new phase of euphoria. Altcoins have joined the Bitcoin festivity, causing the entire cryptocurrency market to increase by 7.5% and […]
BlackRock Move Makes Bitcoin (BTC) Reach $35,000 2023 High
Bitcoin reaches a new all-time peak in 2023 as BlackRock lists its iShares Bitcoin ETF on the DTCC platform, and U.S. court orders the SEC to review Grayscale’s application. Bitcoin (BTC), the largest cryptocurrency in the world, has given a massive 12% breakout, reaching a new peak of $35,000 in 2023. With this development, Bitcoin’s […]