#BTC News

Houston Firefighters Fund Invests $25 Million in Bitcoin (BTC), Ether (ETH)

October 22, 2021 by Wayne Jones at Bitcoin

Houston Firefighters' pension fund has purchased $25 million in bitcoin and ether. The fund, which has over $4 billion of assets, invested in NYDIG, a Bitcoin-focused subsidiary of asset manager Stone Ridge. A spokesman representing both the two firms confirmed this in an email. The Houston Firefighters' Relief and Retirement...

Peter Thiel and Reid Hoffman: Crypto is Libertarian and AI is Communist

PayPal’s Peter Thiel Rues ‘Underinvesting’ in Bitcoin (BTC), Blasts Central Banks

October 21, 2021 by Ogwu Osaemezu Emmanuel at Bitcoin

Peter Thiel has revealed during an interview hosted by the Lincoln Network, that he feels he’s not invested enough of his wealth in bitcoin (BTC), adding that the rise of cryptocurrencies will spell doom for central banks, reports Bloomberg on October 21, 2021. Thiel Blasts Central Banks As the price...

Carbon Neutral Bitcoin ETF launches in Brazil

VanEck Bitcoin Strategy ETF Will Launch Soon as Valkyrie Gets the Greenlight

October 21, 2021 by Adam Robertson at Bitcoin

Leading asset manager VanEck could launch its bitcoin futures exchange-traded fund (ETF). The platform first applied for BTC futures-linked ETF in August, and now they have approval. The firm made the application following SEC chairman Gary Gensler’s statements that week. The Future of BTC ETFs in The U.S. Recently, Gensler...

Bitcoin and Ether Market Update October 21, 2021

October 21, 2021 by Georgi Hristov at Price Analysis, Price pages

The total crypto market cap is at $2.79 trillion, 6 percent up for the last 24 hours. The top ten coins are all in green for the same time period with Solana (SOL) leading the pack with 21.5 percent of a price increase. At the time of writing bitcoin (BTC)...

Bitcoin, Ether, and XRP Weekly Market Update May 20, 2019

Bitcoin (BTC) Price Soars to New ATH above $66K Amid Mounting ETF Fever

October 21, 2021 by Adam Robertson at Bitcoin

Bitcoin, the number one ranked crypto by market cap, is back in price discovery after setting a new lifetime high above $66K. The coin re-entered unchartered territory on October 20 after breaching the previous $64K ceiling reached in mid-April. ETF Approvals Usher in ‘Bitcoin season’ The BTCUSD pair’s long-awaited rise...

America’s First-Ever Bitcoin ETF Sees $570 Million Success on Debut

October 20, 2021 by Ogwu Osaemezu Emmanuel at Bitcoin

ProShares’ BITO bitcoin futures exchange-traded fund has generated massive gains on its first day of trading, attracting a total of $570 million in assets, according to reports on October 20, 2021. ProShares Bitcoin ETF Hits the Ground Running After several years of rejection and pushback from financial regulators in the...

Grayscale Intensifies GBTC Conversion Plans Amidst SEC Bitcoin ETF Approval

Grayscale Investments Files with SEC to Convert GBTC Trust Into Spot Bitcoin ETF

October 19, 2021 by Aisshwarya Tiwari at Bitcoin

As the first US SEC-approved Bitcoin futures ETF goes live, Grayscale Investments is eyeing to launch the US’s first spot BTC ETF. Grayscale Investments Files with the SEC for Spot Bitcoin ETF The world’s leading digital currency asset management firm Grayscale Investments today announced that NYSE Arca had filed with...

Grayscale Intensifies GBTC Conversion Plans Amidst SEC Bitcoin ETF Approval

October 18, 2021 by Ogwu Osaemezu Emmanuel at Bitcoin

Grayscale is making serious efforts to convert its GBTC Bitcoin Trust into a physically-settled bitcoin exchange-traded fund (ETF), according to a tweet on October 17, 2021. Grayscale Converts GBTC to Real Bitcoin ETF As the U.S. Securities and Exchange Commission (SEC) okays the nation’s first-ever bitcoin futures ETF, Grayscale Investments,...

ProShares Bitcoin Futures ETF to Start Trading on Tuesday on NYSE

October 18, 2021 by Wayne Jones at Bitcoin

ProShares have announced the launch of its Bitcoin ETF (Exchange-Traded Fund), which is set for tomorrow, October 19th. As reported by New York Times, the ETF will officially trade on New York Stock Exchange (NYSE). On Friday, the U.S. Securities and Exchange Commission (SEC) gave the green light. Bitcoin Comes...

CMCC Exchange now a Member of Hong Kong Cryptocurrency Union

Total Crypto Market Cap Surges to $2.6 Trillion Amid Increased Investors

October 18, 2021 by Adam Robertson at Altcoins

The total market cap of cryptocurrencies has once again reached a record high. According to crypto tracking website CoinGecko, the market capitalization for all cryptocurrencies surged to an all-time high of about $2.6 trillion. The tracking platform includes 9,749 different coins and tokens as part of the total crypto market. ...

Bitcoin, Ether, Major Altcoins – Weekly Market Update October 18, 2021

October 18, 2021 by Georgi Hristov at Price Analysis, Price pages

The total crypto market cap added $134 billion to its valuation for the last seven days and now stands at $2,455 billion. The top 10 coins were mostly in green for the same time period with Polkadot (DOT) adding 21.5 percent for the period while XRP (XRP) lost 4.5 percent. Bitcoin...

SEC Greenlights ProShares Bitcoin Futures ETF, BTC Price Nears ATH

October 16, 2021 by Aisshwarya Tiwari at Bitcoin

The almost a decade-long quest to get an SEC-approved bitcoin (BTC) ETF running in the US finally comes to fruition with the ProShares’ Bitcoin Futures ETF set to be launched next week. SEC Approves ProShares’ Bitcoin Strategy ETF The long-awaited bitcoin ETF in the US might is finally set to...

Bitcoin (BTC) Holders Awaiting New ATH as the Crypto Market Recovers Slowly

October 15, 2021 by Adam Robertson at Bitcoin

Large bitcoin holders are not selling their digital assets waiting for a new ATH. According to CryptoQuant.com, 98% of the bitcoin supply is currently in profit. However, bitcoin holders do not sell despite the profit they make. Bitcoin Displays More Bullish Signals BTC is now trading over $60,000. The figure...

Mexican President Says No Plans to Adopt Bitcoin (BTC) as Legal Tender

October 15, 2021 by Aisshwarya Tiwari at Regulation

The Mexican president has cleared the air around bitcoin saying the country is not interested in adopting BTC as legal tender. Mexico Not Keen on Making BTC Legal Tender Mexico’s President Andres Manuel Lopez Obrador in a press conference on October 14 said the country is not interested in adopting...

Bloomberg Report Indicating Bitcoin ETF Approval Sends BTC Price Past $59K

October 15, 2021 by Aisshwarya Tiwari at Bitcoin

The long-awaited bitcoin (BTC) ETF could finally see the launch as early as next week, people familiar with the matter opine. Bitcoin Futures ETF a Done Deal According to a Bloomberg article published on October 14, the US Securities and Exchange Commission (SEC) is set to allow the first bitcoin...

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