Home » CryptoCurrency » Bitcoin
$469,000,000,000 Bank Acquires Bitcoin Through Bitcoin ETF from BlackRock – Is $100,000 on the Horizon?

$469,000,000,000 Bank Acquires Bitcoin Through Bitcoin ETF from BlackRock – Is $100,000 on the Horizon?

Multiple Wall Street banks are accumulating Spot Bitcoin ETFs to gain exposure to BTC. The growing embrace has increased the sentiment around the potential rally to $100,000. A recent filing from the US Securities and Exchange Commission (SEC) reveals several prominent banks in the United States valued at about $469 billion in combined Assets Under…

Read More
Bitcoin Plunges to $66K, Altcoins Tumble 10-15% on Ugly Day for Risk Assets

Bitcoin Plunges to $66K, Altcoins Tumble 10-15% on Ugly Day for Risk Assets

Cryptocurrencies tumbled Friday as risk-off sentiment in traditional markets amid flared-up geopolitical risks spread over to digital assets. In fast downward afternoon action during U.S. trading, bitcoin {{BTC}} plunged below $66,000 after having challenged the $71,000 level just hours earlier. At press time, bitcoin had bounced back to $66,700, down more than 5% over the…

Read More
Will Bitcoin Hit $100K Sooner Than Expected, Thanks To Chinese Asset Managers And Hong Kong’s Major ETF Push?

Will Bitcoin Hit $100K Sooner Than Expected, Thanks To Chinese Asset Managers And Hong Kong’s Major ETF Push?

Despite China’s firm ban on cryptocurrency trading, Hong Kong, closely tied to the mainland, could inadvertently play a pivotal role in Bitcoin‘s (CRYPTO: BTC) ascent to a much-awaited $100,000 price tag. The financial hub is on the brink of becoming a significant player in the crypto ETF market. What Happened: As per Reuters, insider sources suggest that spot Bitcoin…

Read More
Bitcoin halving explained: What every investor should know?

Bitcoin halving explained: What every investor should know?

Bitcoin halving occurs approximately every four years, triggered by adding 210,000 new blocks to the blockchain network. This deliberate measure halves the mining reward for Bitcoin miners, gradually reducing the production of new bitcoins. The halving event aims to control inflation and sustain Bitcoin’s value over time through scarcity. Investors should recognize its significance as…

Read More
Go Top