Posts published on January 9, 2024 go to media archive 1/3

SEC Chair Gary Gensler Issues Crypto Investing Advice — Lawyers See as Prelude to Spot Bitcoin ETF Approval

U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has advised investors to be cautious when considering crypto investments. His advice followed a series of warnings he issued the day before regarding the risks of crypto investing…

Epic Rally Alert: Solana Hourly Chart Reveals Bull Flag Formation, SOL Targets $163

Solana (SOL), the fifth largest cryptocurrency by market capitalization, has experienced a significant surge after undergoing a correction from its 20-month high of $125, reached on December 25. Following a dip to the $85 level on Monday, January…

Standard Chartered: BTC Could Hit $200K in 2025 With Spot Bitcoin ETF Approval

Standard Chartered has predicted that the price of bitcoin could rise to $200,000 next year with the approval of spot bitcoin exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC). The bank’s analysts described…

Bitcoin Blasts Off As Institutionals Continue Buying On Coinbase

Bitcoin has observed a sharp rally beyond the $47,000 level as data shows buying pressure on Coinbase has displayed no signs of letting off. Bitcoin Has Surged More Than 4% In Last 24 Hours As ETF Deadline Nears After the asset’s…

Coinbase Expects A Repeat Of 2018-2022 Bitcoin Cycle, What This Means For Crypto

Crypto exchange Coinbase, one of the largest exchanges in the world, has released its latest report on Bitcoin and the crypto market, highlighting its expectations for the Industry. The 44-page report launched by Coinbase Institutional in…

SEC’s Spot Bitcoin ETF Approval Post Unauthorized — Chair Gary Gensler Says SEC’s X Account Was Compromised

The U.S. Securities and Exchange Commission (SEC)’s X account announced the approval of spot bitcoin exchange-traded funds (ETFs) on Tuesday. However, minutes later, SEC Chairman Gary Gensler claimed that the agency’s social media account was…

VanEck Announces Massive $72 Million Bitcoin ETF Seeding As Two Tickers Appear On DTCC Website

As the US SEC prepares to make its final decision regarding Spot Bitcoin ETF approvals, the Depository Trust and Clearing Corporation (DTCC) has officially listed the Spot ETFs tickers from investment management firm, VanEck. VanEck’s Spot ETF…

‘Extreme Greed’ — Bitcoin’s Price Rise Leads to Highest Fear and Greed Index Level Since 2021

Hovering just below the $47K mark, bitcoin’s price rise has coincided with the Crypto Fear and Greed Index (CFGI) reaching a notable 76 on Jan. 9, 2024. This signals a phase of “extreme greed,” a sentiment intensity not…

Valkyrie CIO Anticipates XRP And Ethereum Spot ETFs Following Bitcoin’s Approval

While Bitcoin exchange-traded fund (ETF) applications are still awaiting approval from the US Securities and Exchange Commission (SEC), executives from asset management firms are already speculating about the potential launch of spot ETFs for other…