Bitcoin was started by an anonymous person, Satoshi Nakamoto as an alternative to the Fiat Monetary System after the global economic crisis of 2008. In the past decade, Bitcoin has gained popularity and acceptance amongshow more
Bitcoin surpassed $28,000 during Asian trading hours on Monday, representing a 3.1% increase in just 24 hours, impacting the price of BSV, XEC, and BCH.
Bitcoin increased its momentum above the $28,000 and $28,200 barrier levels. The price is currently trading over $27,500 as well as the 100 hourly Simple moving average.
While avoiding questions on bitcoin ETFs, Gary Gensler argues in testimony that crypto companies recklessly mix assets in ways that are prohibited in other parts of the financial system.
Franklin Templeton, an asset manager with up to $1.5 trillion in AUM, has submitted a 19b-4 for its spot Bitcoin Exchange-traded fund (ETF) application.
For large players seeking exposure to Bitcoin, the Spot Bitcoin ETF will provide cheaper costs and better convenience leading towards a biased ecosystem.
JP Morgan analysts led by Nikolaos Panigirtzoglou believe the SEC will be forced to approve spot Bitcoin exchange-traded fund (ETF) applications submitted by various firms, The Block reported, citing a research note.
Suarez earlier declared that his campaign would accept donations made in Bitcoin and that, if elected, he would outlaw central bank digital currencies (CBDC).