by COINS NEWS - 3 months ago
source: https://www.sec.gov/news/statement/uyeda-statement-spot-bitcoin-011023 The SEC's approval documents and statements don't provide detailed regulations regarding the obligation of spot Bitcoin ETFs to report whether their trades are mad...
More / Bitcoin Reddit - 3 months ago
The Bitcoin ETF started off with a decent score, recording $4.6 billion in trading volume on its first trading day. However, the price of Bitcoin remains unchanged at $46,000. Let's delve into why this is the case. The reason lies in the As...
by COINS NEWS - 3 months ago
A lot of folks here are curious why $4.5Billion of volume in the BTC ETFs didn't cause the market to skyrocket. (1) The "spot" ETFs are required to hold the underlying BTC, but they do not buy/sell in the "spot" market. They...
More / Bitcoin Reddit - 3 months ago
Many do not understand why Bitcoin does not immediately rise by 10%, 20% or more with the many new ETFs. At first glance this would seem logical, but as always it is much more complex. The financial institutions must have the amount in Bitcoin, but t...
Bitcoin News / Bitcoinist - 3 months ago
Ripple’s Chief Technology Officer (CTO) David Schwartz has addressed rumors that Ripple’s XRP sales increased exponentially in December. His statement provides some clarification to the XRP community, as Ripple’s alleged sales have long been pinpoint...
by COINS NEWS - 3 months ago
There's a sentiment on this sub that the ETF can't be priced in because buy orders are essentially new buy pressure entering the market. It seems clear that there is demand for bitcoin spot ETFs and therefore the approval should increase dema...
Bitcoin News / Google News Bitcoin - 3 months ago
Crypto Suddenly Surges On Huge $4 Trillion To $10 Trillion Bitcoin ETF Bets—Boosting The Price Of Ethereum, XRP, BNB, Solana And Cardano& & Forbes
More / Bitcoin Reddit - 3 months ago
I’m not sure why people aren’t getting this basic economic principle, but the ETFs cannot be priced in because the capital cannot access the market without the ETF wrappers, and because the buying has not happened yet. Once people start submitting E...
Bitcoin News / Bitcoinist - 3 months ago
Crypto analyst Crypto Egrag has shared another bullish prediction about the XRP price as he says that the crypto token could soon rise to three figures. As part of his prediction, the analyst also listed several key price levels that XRP could attain...