According to Bloomberg, the spot Bitcoin ETF stands a 90% chance of being approved by the SEC by January 10, 2024. This is undoubtedly the most anticipated decision in the cryptocurrency sphere in recent weeks. Ever since the approval of spot Bitcoin ETFs has been considered, the cryptocurrency market has witnessed a renewed confidence among investors. This positive sentiment is reflected in the price of Bitcoin, which recently surpassed $38,000. The question remains : Is the approval of ETFs truly imminent ?
Since the beginning of 2023, the cryptocurrency market has seen a significant upswing. Bitcoin, the most popular cryptocurrency, notably reached a new all-time high of $69 000 last November. But that’s not all! Altcoins have also experienced a significant increase in value. This surge has led many investors to ponder whether they should invest in Bitcoin or turn their attention to Altcoins. This decision is not straightforward and depends on various factors, including investment horizon, risk level, and investment strategy. Read on for more detailed insights !
The cryptocurrency LUNA experienced a dramatic fall in May 2022. However, since the beginning of this week, it has shown a strong increase. Indeed, the price of the crypto was traded at $0.7752 on November 27, 2023. This represents a nearly 20% increase in the last 24 hours. Is this surge sustainable? Will LUNA soon reach $1? We answer these questions in the following paragraphs !
Bitcoin continues its bullish rally, showing an increase of nearly 2% over the past 24 hours. The price of BTC reached $38,441 before falling back below the $38,000 mark. Will Bitcoin surpass the $40,000 threshold? Analysis of the BTC price as of November 24, 2023, and forecasts in this article.
MyForexFunds, a highly utilized prop firm platform, is under investigation and facing accusations of fraud by the U.S. Commodity Futures Trading Commission (CFTC) and the Ontario Securities Commission. The company has had to halt its operations, and its clients’ accounts are currently frozen until further notice. What happened? We will dissect this case in this article.
Risk Warning: Trading financial instruments and/or crypto-currencies involves high risks, including the risk of losing all or part of your investment, and may not be suitable for all investors. Crypto-currency prices are extremely volatile and can be affected by external factors such as financial, regulatory or political events. Trading on margin increases financial risk.
Before deciding to trade in financial instruments or crypto-currencies, you should be fully informed of the risks and fees associated with trading in the financial markets, carefully consider your investment objectives, level of experience, and tolerance for risk, and seek professional advice if necessary.
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