Day: January 11, 2024

Could ETF Hype Cause BTC Price To Double?

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Bitcoin price is struggling to crack resistance around $47,000 per coin, but it might not be long until it does thanks to the backdrop of bullish spot BTC ETF news. The news could also be supported by a change in mass crowd psychology, according to Elliott Wave Principle and the current projected count in BTCUSD. All of this could cause the top cryptocurrency by market cap to double in a flash. The Countdown To Bitcoin Price Doubling During every major bull run, there is a phase where the rally is…

Vanguard, other tradfi giants boycott spot Bitcoin ETFs

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Financial institutions like Vanguard have no plans to allow spot Bitcoin ETF trading despite approval from the U.S. SEC.  While trading for spot Bitcoin ETFs opened on Jan. 11 across major U.S. exchanges like the Nasdaq and platforms such as Robinhood plan to swiftly add support for these products, some firms have reportedly blocked users from trading them.  Vanguard, the second-largest asset manager after BlackRock, reportedly said spot Bitcoin ETFs do not align with the company’s investment philosophy. In addition to not enabling trading for the newly approved products, Vanguard disabled…

Blockstream’s Ava Chow, Bitcoin Core Maintainer, Explains Why She Shut Down Developer Dashjr’s PR

The PR was additionally locked since all it was doing was generating noise. Bitcoin Core uses GitHub for code collaboration and it is essentially the developers’ place of work. When someone makes a bold claim on twitter that angers people, and then encourages them to leave comments on GitHub, they end up disrupting the developers. These comments often contain accusations of bad faith, poorly informed statements about the code, and demands for the developers to make major changes, which drag the developers into arguments in order to defend themselves and…

What Are They & How to Avoid Them

Finally, always ensure you only invest money you can afford to lose. Many cryptocurrency projects are experimental, and sometimes the failure of an idea can lead to the team doing a soft rug pull, which means they quietly stop supporting the project. Source

What Are They & How Do They Work?

CryptoX – Cryptocurrency Analysis and News Portal Bitcoin ETFs have been a topic of discussion in the crypto markets since the Winklevoss twins first tried to list one back in 2014. Today, Bitcoin Futures ETFs are trading on US exchanges, and we are eagerly awaiting for spot Bitcoin ETFs to hit exchanges as well. In this guide, you will learn about Bitcoin ETFs, how they work, and which ones you can already can invest in. This is partner content sourced from Laura Shin’s Unchained and published by CoinDesk. Bitcoin ETFs…