The unfolding situation with the bitcoin spot ETF has reached a critical point, with open letters from Congress ramping up pressure on the SEC and recent developments from BlackRock
BLK
indicating positive news is on the horizon.
Bloomberg's Senior ETF Analyst, Eric Balchunas, has gone on record stating, "The fact that SEC is actively engaging with spot bitcoin issuers on their current applications — which hasn’t ever happened before — w...
Bitcoin
BTC
and other major cryptocurrencies including ethereum and XRP
XRP
have suddenly rocketed as BlackRock and JPMorgan quietly lay the groundwork for the next bitcoin price bull run.
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The bitcoin price has rocketed over $30,000 per bitcoin, adding 10%...
Bitcoin
BTC
and other major cryptocurrencies, including ethereum and XRP
XRP
, have rocketed this month (though a Federal Reserve flip could be about to cause crypto price chaos).
Subscribe now to Forbes' CryptoAsset & Blockchain Advisor and successfully navigate the bitcoin and crypto market rollercoaster ahead of next year's historical bitcoin halving!
The bitcoin price, up more than double since the beginning of the year, toppe...
08/06 update below. This post was originally published on August 4
Bitcoin, ethereum and other major cryptocurrencies, including the meme-based dogecoin and Ripple's XRP
XRP
, came dangerously close to Armageddon last month.
Subscribe now to Forbes' CryptoAsset & Blockchain Advisor and successfully navigate the bitcoin and crypto market rollercoaster
The bitcoin price rally this year has stalled after bitcoin doubled since the beginn...
Coinbase’s recent quarterly report showed that their staking rewards revenue grew 19% quarter-over-quarter to $88 million or 13% of net revenue, with $7 billion worth of ether being their largest staked asset. In addition, their venture arm is investing millions of dollars in the liquid staking protocol Rocket Pool, while the global competitor exchange Binance is investing $10 million in the liquid staking project Helio. It’s clear that tradit...
New proposed tax changes have the potential to shake up the DeFi space for U.S. investors.
The U.S. has achieved a (unfortunately accurate) reputation as a legal and regulatory landscape that is not particularly open and receptive to cryptoassets and crypto innovation. Antagonistic relationships have taken the form of lawsuits, lack of authoritative reporting and accounting standards, and a general stand-offish position toward the sector. Ta...
Bitcoin has been relatively flat this year, stuck between bull and bear rallies but trading within a range. While far off from COVID-19 highs, it is nowhere near the lows when bitcoin touched just above $16,000 USD per 1 BTC after the fallout of cryptocurrency exchange FTX failing.
The halving is traditionally a price-boosting event for bitcoin. Halving is when the reward for miners is reduced in half, so less bitcoin is available. This hap...
Bitcoin
BTC
saw an impressive surge of 11.5%, topping $35,000, with the digital currency trading at $34,240 as of Tuesday morning in London. This marks a 109% year-to-date rebound after the 2022 market slump. Fueling this optimism is the anticipation of the U.S.'s first spot bitcoin ETF, with asset management giants BlackRock
BLK
and Fidelity Investments at the forefront.
A U.S. federal appeals court recently formalized a victory for...