[Breaking News] US SEC Approves Bitcoin Spot ETF
The applications represent the first spot Bitcoin ETFs to receive regulatory approval in the U.S.
The applications represent the first spot Bitcoin ETFs to receive regulatory approval in the U.S.
Predictions circulate for Bitcoin’s future value, with analyses from financial institutions like Standard Chartered Bank forecasting a potential surge to over $200,000 by 2025, contingent on the approval of spot Bitcoin ETFs by the SEC.
Twitter’s @Safety account confirmed that @SECGov was compromised, attributing the breach to an individual gaining control of a phone number linked to the account, rather than a system breach.
With news about Bitcoin ETF and the upcoming halving, what’s the outlook for the bull run this year? Is it happening?
Explore 2024 cryptocurrency predictions, including Bitcoin price forecasts, ETF approvals, regulatory shifts, and insights from global entities like VanEck and Forbes, alongside perspectives from local web3 leaders.
The firm plans further expansions to pioneer novel opportunities in digital asset ownership and management, emphasizing efficiency and reduced costs.
VanEck’s confidence in the long-term value of Bitcoin is underscored by the firm’s decision to rename its ETF proposal ticker to “HODL.”
Collectively, these entities see the continuation of the good performance of the crypto market in 2024; events like ETF approvals, Fed rate cuts, and halving are seen as catalysts.
Learn about the bullish Bitcoin predictions for 2024 by Matrixport forecasting surges $63,140 by April and $125,000 by the end of 2024.
The exchange anticipates a positive trajectory for Bitcoin, Ether, and XRP, though it warns of potential challenges for DOGE.