After 10 Years Of Denials For Spot Bitcoin ETFs, U.S. Regulators May Be Forced Into Action
Not a single U.S. ETF holds actual bitcoin. Grayscale is taking the SEC to court to change that. Will they succeed?
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BTC$60,022.00-4.02%
ETH$1,611.40-2.93%
USDT$0.9986-0.03%
USDC$0.9996-0.01%
XRP$1.06-3.72%
SOL$67.04-2.81%
TRX$0.3262-1.18%
FIGR_HELOC$1.03-0.13%
HYPE$59.29-5.23%
DOGE$0.0751-4.89%
USDS$0.9994-0.02%
RAIN$0.0159+1.07%
LEO$9.45-0.91%
ZEC$401.75-3.79%
XLM$0.1844-4.52%
A recent Standard Chartered report claims that Bitcoin could hit $100k by 2024.
Not a single U.S. ETF holds actual bitcoin. Grayscale is taking the SEC to court to change that. Will they succeed?
The current Bitcoin price cycle is "remarkably similar" to the pattern seen in the 2018-19 bear market, the report said.
The total cryptocurrency marketcap surged to $1.2T in 2023.
MicroStrategy's Bitcoin investment has turned profitable after Bitcoin surged past $30,000.
Bitcoin surged 20% as the interbank borrowing rate climbed to 60bps, the third-highest since the Global Financial Crisis.
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MicroStrategy's total bitcoin holdings are now worth more than $4 billion.
US authorities already sold 9,861 Bitcoin and will sell more than 41,000 before the end of the year.
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MicroStrategy bought 6,455 BTC for $150M according to its SEC filing.
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