Bitcoin rallied to a three-month high on Friday, as market optimism grew that the Securities and Exchange Commission (SEC) could soon approve several spot bitcoin ETFs. As reported yesterday, SEC Chair Gary Gensler stated that the regulator is currently reviewing up to ten filings for the product. This comes as the commission also opted to […]
Bitcoin surged towards $ 28,000 on Monday, as markets continued to react to the Securities and Exchange Commission (SEC) decision not to appeal the Grayscale ruling. The decision now means that Graycale could soon move to convert its bitcoin trust into an exchange-traded fund (ETF). Ethereum edged closer to $ 1,600 today. Bitcoin …
FTX creditors might see a silver lining following the recent partnership between Anthropic and Amazon, as the tech behemoth unveiled plans to pour up to $ 4 billion into the budding artificial intelligence (AI) startup. Over on the social media haven X, a cadre of FTX creditors, united under the banner of “FTX 2.0 …
The price of bitcoin (BTC) has risen 6% over the previous 30 days, pushed higher by factors such as its finite availability and growing investor confidence, according to this week’s Bitfinex Alpha report. Moreover, on October 1, a popular cryptocurrency trader suggested that $ 40,000 could be a “reasonable” BTC price in the upcoming …