[ad_1] Binance’s $4.3 billion settlement with the United States was the final hurdle before the country’s securities regulator approves spot Bitcoin exchange-traded funds (ETFs), many industry watchers claim. The settlement involved Binance agreeing to Justice
[ad_1] The cryptocurrency market recently experienced events that were previously expected to present a severe negative price impact, and yet, Bitcoin (BTC) trades near $37,000 on Nov. 22, which is essentially flat from three days
[ad_1] Grayscale Investments, a prominent cryptocurrency asset manager, is making significant strides in its quest to convert its Grayscale Bitcoin Trust (GBTC) into a spot bitcoin exchange-traded fund (ETF). The company recently held a crucial
[ad_1] The former president of the New York Stock Exchange (NYSE) is bullish on a Bitcoin ETF, claiming that money will “flood into the industry” when such a product is approved in the United States.
[ad_1] Traders hate uncertainty; hence, the settlement between Binance, Changpeng “CZ” Zhao and the United States Department of Justice is likely to be viewed as a positive for the cryptocurrency space. Analysts largely remained positive
[ad_1] The volume of Bitcoin supply in profit has reached the levels last seen two years ago as the market came off its November 2021 all-time high, according to Glassnode. In its ‘Week on Chain’
[ad_1] Bitcoin (BTC) traded $1,000 off weekly lows after the Nov. 22 Wall Street open as a BTC price relief bounce held firm. BTC/USD 1-hour chart. Source: TradingView Bitcoin respects “very clear” key levels Data
[ad_1] TL;DR 2024 Crypto Market Outlook: Analysts predict a bullish year for cryptocurrencies in 2024, driven by events like Bitcoin’s halving and potential US approval of a spot BTC ETF. Investment Recommendations: John E. Deaton
[ad_1] TL;DR Binance’s Holdings: Binance’s portfolio includes over $56 billion in digital assets, with Bitcoin and Ether as the top holdings and Ripple’s XRP accounting for a small percentage. Legal Settlement and CEO Change: Following
[ad_1] TL;DR Bitcoin’s Year-End Outlook: Crypto analysts anticipate Bitcoin could potentially reach around $40,000 by year’s end, following a recent retracement from its yearly high. Predictions by EGRAG CRYPTO: Twitter analyst EGRAG CRYPTO foresees a