bitcoin, Ethereum and ETF
Bitcoin could top fresh records in the coming days, with prices soaring to as high $130,000 in the coming months, Standard Chartered wrote.
The Bitwise fund's asset allocation reflects market capitalization proportions, comprising 83% Bitcoin and 17% Ethereum.
The SEC has expedited the approval of Bitwise's combined $BTC and $ETH ETF, marking a stark contrast from the Gensler SEC's waiting period for approving similar offerings.
Bitcoin extended its biggest jump in more than a week following the Federal Reserve’s latest monetary policy meeting and comments from Chair Jerome Powell that touched briefly upon crypto regulation.
MicroStrategy announced Monday that it had bought even more Bitcoin and revealed it would sell stock to raise capital and fund future purchases of the cryptocurrency. MicroStrategy’s latest purchase brings its total holdings to more than 470,
Bitcoin began the year by hitting a new all-time high of $109,588 on January 20, ending with a return of over 11.00% in the month. According to Bitcoin’s historical data, BTC generally yielded the third-highest returns for traders in February, averaging 15.66%. Traders could expect an optimistic boost in the next month.
Bitcoin (BTC) price hovers around $104,000 on Friday after bouncing off from its 50-day Exponential Moving Average (EMA) of around 98,800 earlier this week. Ethereum (ETH) and Ripple (XRP) approach key resistance levels; if rejected, they could lead to a correction ahead.
The U.S. Securities and Exchange Commission (SEC) gave the green light for NYSE Arca to list and trade shares of Bitwise's Bitcoin and Ethereum exchange-traded fund (ETF). The approval was granted on an "accelerated basis," signifying a positive step for the cryptocurrency market within the regulatory landscape.
President Trump's return to the Oval Office didn't just push bitcoin to a new all-time high—it also started off a chain reaction of developments in the crypto markets.
The Clearwater-based company's CFO cited the president's “bullish” agenda for crypto in launching its new bitcoin investment portfolio.
MicroStrategy Inc. bought Bitcoin for a 12th consecutive week and unveiled details for the sale of perpetual preferred stock to help finance additional purchases of the cryptocurrency.