Bitcoin (BTC) price is moving towards its all-time high levels, and as a result, there’s an increase in demand for leveraged trades. Leveraged futures-based exchange-traded funds (ETFs) like VolatilityShares’ 2x Bitcoin Strategy ETF (BITX) are experiencing entries comparable to those of spot Bitcoin ETFs. Data from K33 Research indicates that the fund has attracted $630 million in monthly net […]
Following a vibrant peak in 2021, the cryptocurrency market faced a downturn in 2022, with Bitcoin‘s (BTC) value nearing $15,000 at year’s end. A rebound was observed as prices rallied back up, reaching a peak on March 5, 2024, yet investors remained cautious. Crypto Market Oscillations Bitcoin achieved an all-time high of $69,000 in a historic […]
TL;DR The South Korean President’s Office has requested the Financial Services Commission to assess the potential for allowing spot Bitcoin ETFs in the country. This consideration arises as Bitcoin’s price nears an all-time high, reflecting the increasing interest in cryptocurrencies in South Korea. Previously, the FSC warned against transactions involving foreign spot Bitcoin ETFs, which […]
You can also read this news on BH NEWS: Bitcoin’s Ascend to New Heights: A Stellar February Surge Bitcoin delighted investors in February, as its value soared to the highest levels seen in recent years, peaking at $64,000. The cryptocurrency‘s value stabilized at $62,216 as the month concluded, notching a remarkable 45% increase from its starting point, marking […]
As Bitcoin shatters expectations, soaring near the $63,000 mark and setting new highs, the consensus among financial experts is clear: we are firmly in the grips of a bull run, with no signs of slowing down.This remarkable rally not only cements bitcoin’s status as a behemoth in the cryptocurrency world, but also ushers in a […]