Tag: Bitcoin News

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Bitcoin Price Forms Inverse Head And Shoulders Pattern, Eyes $76,000

Just below the all-time high of $69,000, the Bitcoin price has shown more volatility in recent days, only to now tread water around $67,000. But this boredom could soon be over. Following the recent price movements, a notable pattern has emerged on the Bitcoin (BTC) price chart, as recognized by the seasoned crypto analyst Josh…
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SEC Delays Decision on Options Trading on Spot Bitcoin ETFs

The United States Securities and Exchange Commission (SEC) has delayed the decision to approve options trading on spot Bitcoin exchange-traded funds (ETFs).  The SEC extended the response deadline for the Cboe Exchange and the Miami International Securities Exchange, both of which filed bids to offer options on Bitcoin ETFs.  The agency has also postponed the decision on Nasdaq’s bid to…
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Bitcoin Price Prediction: BTC to Target $70,000? ETF Surge & Tesla Buys Fuel Rally

During the Asian session, Bitcoin price is trading at $67,500 with a near 1% increase on Friday. This growth parallels the significant strides within the Bitcoin ETF sector, exemplified by the Volatility Shares 2X Bitcoin Strategy ETF (BITX) nearing a milestone of $1 billion in assets. Coupled with Travala’s new Bitcoin cashback rewards and Tesla’s…
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Physical Bitcoin Worth Over $1 Million Presented At Auction Houses

Well-known auction houses that typically offer rare coins, famous artworks, and other popular assets for collectors to bid on have started capitalizing on physical Bitcoin (BTC). Both Stack’s Bowers Galleries and Heritage Auctions are presenting “physical cryptocurrencies” as part of their upcoming showcases, highlighting collector interest in tangible coins representing popular digital assets. James McCartney,…
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Arizona Senate Seeks to Add Bitcoin ETFs to State Retirement Portfolios

The US state of Arizona has joined a slew of pro-Bitcoin states in embracing the asset class. Arizona Senate has proposed a resolution to consider recently-approved Bitcoin ETFs as potential investments tool for the state’s retirement system. Arizona has already been proven open to technological advances. In January 2023, it introduced a bill which would…
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The $69,000 Bitcoin Question: Expert Forecasts When Price Will Breakout

As Bitcoin hovers near its all-time high, industry experts and investors are keenly watching for signs of its next major move. Alex Thorn, the Head of Research at Galaxy, recently shared his perspective on the Bitcoin price trajectory and the factors influencing its potential breakout. In a detailed post on X (formerly Twitter), Thorn provided…
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Bitcoin Price Prediction: MicroStrategy’s $700M Bet & ETF Buzz – Buy Above $64,850?

Bitcoin Price Prediction Bitcoin price’s slight dip to $66,105 sparks curiosity about future trends. This Bitcoin price prediction examines the potential for a bullish recovery, highlighting MicroStrategy’s increased investment and legislative movements towards Bitcoin ETFs in retirement plans. As the landscape evolves with significant inflows into Bitcoin ETFs, notably from BlackRock, the question arises: will…
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Buckle Up: Bitcoin Set To Smash $150,000 Mark, Says Trading Guru – Here’s When

Peter Brandt, a respected figure in the trading community, has recently shared his insights on the Bitcoin future price potential. Through a post on X, Brandt ignited discussions within the crypto community by commenting on Bitcoin’s recent attainment of a new all-time high (ATH). More interestingly, he proposed when Bitcoin might scale new historic price…
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Bitcoin Price Prediction as BTC Bounces Back After Dip Below $60,0000 – New High Incoming?

Bitcoin Price Prediction Bitcoin‘s resilience shines through as it stages a remarkable recovery, climbing over 8% in a single day to reach $67,231.45. This bounce back, especially after a concerning dip below the $60,000 mark, reignites discussions around Bitcoin price predictions, with many investors and analysts eagerly speculating on the potential for new highs. As…
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No Bitcoin ETF Without Further Crypto Regulation, Says South Korean FSS Chief

No Bitcoin ETF will gain approval in South Korea unless the government introduces new crypto rules, the head of the Financial Supervisory Service (FSS) said on March 5. The FSS chief Lee Bok-hyun this week struck an optimistic note about possible Bitcoin spot exchange-traded fund approval. But per the media outlet Nocut News, Lee also…
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