The dramatic rise of Shiba Inu’s (SHIB) price drew plenty of attention in October, while the community behind the pet-meme crypto mobilized to support the momentum. Following the impressive rally, the demand for Shiba Inu’s addition to the popular investing platform intensifies, as thousands of investors reach out to Robinhood and “kindly request” its listing. …
Continue reading “250,000 traders sign petition to add Shiba Inu (SHIB) on Robinhood”
A South African regulator, the Financial Sector Conduct Authority (FSCA), says it welcomes Binance’s decision to stop offering some of its services to South Africans. Productive Consultations In a statement, the FSCA suggested that the move by the cryptocurrency exchange came after it held “productive consultations” with the regulator. As previously reported by Bitcoin.com News, …
Authorities in Estonia are working on new legislation expected to stiffen the rules for the country’s cryptocurrency sector. The Baltic nation’s regulator for the industry is considering whether to revoke previously issued crypto licenses and restart authorization from scratch. Licensed Crypto Companies Register Millions in Turnover, Estonia Gets Little With only around 1.3 million people, …
Payments processor Strike has announced the launch of a new feature that will allow users to convert their paychecks to bitcoin. This feature brings workers one step closer to collecting their paychecks in bitcoin. Instead of the employer paying out wages and salaries in BTC, employees can take the paychecks they receive and convert them …
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Since the first meteoric rise of Bitcoin in 2017, asset managers and investment firms have looked to seize the opportunity in the growing space, attempting to bring the cryptocurrency to Wall Street. Of course, the majority of these efforts (if not all) were futile – caused by waning demand during downturns, opposition from government entities, …
Continue reading “Bitcoin ETF Receives Approval from SEC, Marking Historic Day for Crypto”
CEO of financial services company Square Jack Dorsey could take another step further into expanding the Bitcoin ecosystem. Via his Twitter account, Dorsey announced that the company is currently “considering” the possibility of creating a BTC mining system. Related Reading | Square’s Cash App Reports $2.7B In Quarterly Bitcoin Revenue, A 200% Jump A known …
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Bitcoin price is above $60,000 and bears are in disbelief. But they shouldn’t be, as bulls have long been in control of the trend. It had only been lower timeframes that had flipped bearish, while the most dominant trend had remained up. According to the Supertrend, all of the most important timeframes have since flipped bullish, …
Continue reading “Bitcoin “Supertrend” Begins As Buy Signals Stack On All Major Timeframes”
On-chain data shows crypto exchange Coinbase saw a withdrawal of 400k Ethereum yesterday. This could be a sign of activity from institutional investors, and could prove to be bullish for the coin. Coinbase Observes Outflow Of 400,000 ETH As pointed out by a CryptoQuant post, about 400k ETH (1.5 billion at the current exchange rate) …
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Bitcoin (BTC) rose within a few steps of $63,000 today for the first time since April 18. The recent surge in the price may have been caused after various documents pointed to the eventual approval of a futures-based BTC ETF by the United States Securities and Exchange Commission. According to these documents, the regulator may …
Continue reading “Price analysis 10/15: BTC, ETH, BNB, ADA, XRP, SOL, DOT, DOGE, LUNA, UNI”
The US Securities and Exchange Commission has reportedly greenlit the country’s first Bitcoin futures exchange-traded fund (ETF). ProShares, an ETF provider, filed a post-effective amendment prospectus on Friday that states the company plans to launch the BTC Futures ETF on Monday, a sign that the SEC has approved the product. ADVERTISEMENT The fund doesn’t …
One Bitcoin-native altcoin shot up more than 60% this week as BTC continues its ascent towards $60,000. The altcoin is Stacks (STX), a blockchain protocol that’s bringing smart contract capability to the Bitcoin network. ADVERTISEMENT A recent update from the Stacks newsletter shares that non-fungible tokens (NFTs) built on Bitcoin have been exploding in …
A widely known stock exchange is getting in the Bitcoin (BTC) game after filing for a Bitcoin exchange-traded fund (ETF). NYSE Arca just filed for a physically backed Bitcoin ETF with the U.S. Securities and Exchange Commission (SEC). ADVERTISEMENT Alongside Bitcoin index provider Bitwise, NYSE Arca is pursuing a Bitcoin ETF with direct exposure …
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Video game corporation Valve has informed users no content related to cryptocurrencies or nonfungible tokens will be allowed through its Steam marketplace. As reported by game developer SpacePirate on Oct. 14, Steam has updated its guidelines for what content creators are allowed to publish on the platform. According to Steam, no applications built on blockchain …
Traders and the market are showing extreme optimism on Oct. 15 after rumors and an assortment of documents suggest that the path toward a Bitcoin ETF approval has fewer obstacles lying ahead. Following the positive news, the price of Bitcoin (BTC) rallied to nearly $63,000 for the first time since April and multiple altcoins saw their …
Continue reading “Privacy-focused altcoins soar after Bitcoin’s ETF news sparks a market-wide rally”
The United States Securities and Exchange Commission has accepted the registration request for ProShares’ Bitcoin Strategy ETF, with the shares to be listed on the New York Stock Exchange’s Arca. According to an Oct. 15 notice from the SEC, the agency has accepted the registration of securities from ProShares Trust’s Bitcoin (BTC) exchange-traded fund, which …
Continue reading “BREAKING: ProShares follows Valkyrie in approval for listing Bitcoin Strategy ETF”
