Browsing: Bitcoin

The SEC’s decision to review BlackRock’s spot Bitcoin ETF application signals a shifting regulatory landscape, one that appears to be increasingly embracing the potential of cryptocurrencies and their integration into traditional financial markets.

While we are not currently in a bull market, there is a sense of anticipation and longing for another one. When will it come, you may ask? Optimists expect a new bull run by the end of 2024, following the four-year halving pattern.

Clayton’s remark underscores the growing pressure on regulatory authorities to acknowledge the undeniable progress and institutional support surrounding cryptocurrencies.

“We do believe that if we can create more tokenization of assets and securities – that’s what bitcoin is – it could revolutionize finance,” Larry said.

While Bitcoin remains the most well-known and widely adopted cryptocurrency, Monero, also known as XMR, has gained prominence for its emphasis on privacy and fungibility.

Core PCE Index and Positive Market Indicators Drive Bitcoin’s Potential Breakout to $32,000.

MicroStrategy now holds a total of 152,333 BTC, which were acquired for approximately $4.52 billion, with an average price of $29,668 per Bitcoin.

Riot’s strategic move to increase its self-mining hash rate capacity from 12.5 EH/s to 20.1 EH/s by mid-2024 will position the company for sustained profitability in the face of reduced block rewards.

The ETF allows investors to gain Bitcoin exposure by putting up only half the value of the cryptocurrency.

With BRC-30, OKX Wallet users will soon be able to stake BRC-20 tokens and Bitcoin to earn passive income on their digital assets.