Bitcoin has surged past the much-coveted $30,000 mark
This uptick comes on the heels of the crypto king's brief ascent past $30,000 on Oct. 16 which was spurred by a since-debunked news headline., the initial surge past $30,000 was prompted by fake news reports that claimed that the U.S. Securities and Exchange Commission had approved BlackRock's iShares Bitcoin exchange-traded fund application.
Many traders and market participants took this as gospel only to face disappointment. BlackRock swiftly countered these reports, clarifying that their ETF application remains very much under review. This news promptly ledYet, the cryptocurrency industry remains abuzz with anticipation over the potential approval of a spot-based Bitcoin ETF in the US, a move that many believe could be
Industry experts predict approval either late in 2023 or early 2024. Bitcoin advocates have been trying to launch such a product since 2013 with little success. If BlackRock's ETF is approved, Bitcoin's price might surge to between $42,000 and $56,000 based on expected investment inflows, according toAlex Dovbnya is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Spot Bitcoin ETFs and Ordinals Don’t Matter: Jimmy Song Talks Bitcoin (BTC Amsterdam Interview)Crypto Blog
Baca lebih lajut »
Spider-Man: Miles Morales for PS5 is almost $30 off at WalmartMarvel's Spider-Man: Miles Morales Ultimate Edition for the PS5, which comes with a copy of Marvel's Spider-Man Remastered, is on sale for $43 from Walmart.
Baca lebih lajut »
Everything a Former Madewell Employee Is Buying During Its Sale-on-Sale, From $30Madewell’s sale section is an extra 40 percent off, including sweaters, baggy jeans, and leather purses. We found 10 fall essentials to grab during the double-discount sale, with prices starting at $30.
Baca lebih lajut »
Bitcoin Market Cap Can Surge 5x as Financial Titans Circle Spot BTC ETFs: CryptoQuantCrypto Blog
Baca lebih lajut »
Bitcoin ‘Has Launched,’ Claim Analysis as BTC Powers Past $29KCrypto Blog
Baca lebih lajut »
Bitcoin Weekly Forecast: BTC bulls can make or break 2023 rallyBitcoin (BTC) price produced a lower low on August 28 on the weekly time frame. This move came after a sustained uptrend throughout 2023, which yielde
Baca lebih lajut »