After reaching a new all-time high (ATH) of $72,709, the BTC price fell more than 3%, dropping below $70,000 shortly after the U.S. Consumer Price Index (CPI) report was released Tuesday morning.
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United States Blockchain Industry News
Read all the latest blockchain industry news from United States. Covering blockchain, digital economy, and FinTech, including cryptocurrency, Bitcoin, Ethereum, DeFi, digital finance, NFTs, and Web 3.0 news and analysis.
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With the recent Bitcoin ETF approval and the growing influence of cryptocurrencies, this race has become emblematic of the clash between traditional banking and the evolving financial landscape.
Investors who were previously hesitant to directly hold Bitcoin or navigate the complexities of crypto exchanges may now find a more accessible avenue for exposure to this digital asset.
“Investors should remain cautious about the myriad risks associated with bitcoin and products whose value is tied to crypto,” states SEC Chair, Gary Gensler.
The long-awaited announcement, made on Wednesday, marks a significant turning point in the evolution of cryptocurrency investment options and opens up new avenues for traditional investors to gain exposure to the volatile digital asset.
Discover how this approval could revolutionize crypto markets, attract more investors, and signify a crucial milestone in cryptocurrency’s journey towards mainstream acceptance.
Discover why industry experts believe it could usher in a new era of institutional investment in Bitcoin.
The move by Cboe represents a major step in the long-standing battle to introduce regulated cryptocurrency investment vehicles to the broader market.
The SEC’s unexpected Bitcoin ETF approval tweet created confusion, with Chairman Gensler alleging a compromise. Was it an internal error?
Judge Rules Binance CEO Changpeng Zhao Must Remain In US Until 2024 Sentencing, DoJ Suggests Could Face Ten Years In Prison Despite Plea Deal.