Results of 2023: Bitcoin and altcoins make X's
When almost all cryptocurrencies sank in price in 2022, only the desperate or the smartest could have imagined that 2023 would be a successful year. Let's look at the key events in the crypto industry over the past twelve months. January The first month of 202 ...
Wall Street financial giants have completed preparations to launch spot trading of Bitcoin ETFs
In a significant development, leading financial institutions Invesco, Fidelity, BlackRock, Valkyrie, and Bitwise have completed their Bitcoin ETF offerings and are poised to launch trading once they receive approval from the SEC in early 2024. In official statements, Wa ...
Bitcoin News and Forecast for December 29, 2023
The current outlook for the price of Bitcoin remains neutral as it has remained relatively stable between the 20-day exponential moving average and upper resistance levels. However, the main activity and potential shifts in the price are expected to occur in early January when data on the acceptance ...
Prices froze in anticipation of ETFs: New Year's review of the cryptocurrency market
Spot ETFs for Bitcoin and Ethereum may be approved in the US in early January. The crypto industry is looking forward to the resolution of the sore issue. A week before the event, prices for major cryptocurrencies changed almost imperceptibly. Bitcoin Bitcoin lost ...
In the Russian Federation, DFA was released for the first time on the microfinance market
The CarMoney fintech service in Russia, known for issuing car-secured loans, has made a unique move in the microfinance sector by releasing digital financial assets (DFAs). This marks the first implementation of such an instrument in this market segment. CarMoney's press service has conf ...
Bitcoin News and Forecast for December 28, 2023
Bitcoin price has not undergone significant changes. The cryptocurrency rate was in the range from $41,600 to $43,800. At the moment, there are no fundamental factors that would allow Bitcoin to make a breakthrough to the $44,000 mark. At the same time, bears do not have the opportu ...
Ark Invest Cathie Wood sold all shares of Grayscale Bitcoin Trust
The ARK Next Generation Internet ETF (ARKW) recently sold off all its holdings in the Grayscale Bitcoin Trust, disposing of assets worth $200 million. Some of the funds were allocated to the Bitcoin Strategy ETF. Cathie Wood's investment firm began divesting its positio ...
John Reed Stark: “Launching a Bitcoin ETF in the US is a fool’s errand”
Renowned former U.S. Securities and Exchange Commission (SEC) attorney John Reed Stark strongly argues that Bitcoin-linked spot exchange-traded funds (ETFs) will eventually evolve into a "preposterous scam" on Wall Street, surpassing anything seen before. Stark's skepti ...
Bloomberg: Cryptocurrency hedge funds expect crypto market growth in 2024
Citing insights from cryptocurrency hedge fund leaders, Bloomberg reports that these funds anticipate substantial growth in altcoins and major tokens in the coming year.After a challenging 2022, cryptocurrency hedge funds were able to recover from losses and turn a prof ...
MicroStrategy bought another $615 million worth of bitcoins
The renowned American enterprise MicroStrategy, led by the visionary CEO Michael Saylor, continues its aggressive accumulation of bitcoins, reinforcing their stronghold in the cryptocurrency market. In their latest purchase, MicroStrategy acquired a staggering 14,620 BTC, worth ...