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Category Archives: Cryptocurrency

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Bitcoin ETF euphoria fades: BTC expected to slide to $40,000

Bitcoin (BTC) is expected to drop to as low as $40,000 despite hitting $49,000 post-SEC approval. Crypto Fear and Greed Index drops to neutral after hitting October 2023 lows. Investors seek clarity as Google searches spike 1,100%, questioning BTC’s fall. In a rollercoaster week for

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Grayscale applies for a covered call Bitcoin ETF

Grayscale Investments files for covered call Bitcoin ETF post-SEC’s GBTC approval. Covered call strategy leverages options on Grayscale Bitcoin Trust, targeting income. Grayscale’s legal triumph shapes the evolving regulatory landscape for cryptocurrency. Cryptocurrency asset manager Grayscale Investments continues its strategic moves in the crypto market,

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Gensler issues warning ahead of SEC’s Spot Bitcoin ETF decision

Spot Bitcoin ETF applicants strategically adjust fees ahead of potential SEC approval. Invesco, Valkyrie, and WisdomTree reduce costs to attract investors. Gensler’s cautionary note; SEC emphasizes risks in cryptocurrency investments, warning of unique challenges. As the crypto community eagerly awaits the SEC’s decision on Spot

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BitPay expands crypto offerings; now supports for UNI, BNB, LINK, and More

BitPay expands crypto support, adding UNI, BNB, LINK, CRO, VERSE, BAT to its roster. CEO Stephen Pair underscores commitment to user-friendly crypto payments. Users to enjoy versatile options, from luxury purchases to practical expenses. BitPay, initially established as a Bitcoin-focused payment startup, has broadened its

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