This week witnessed a significant escalation in the marketing rivalry among asset managers, with three commercials for Bitcoin Exchange-Traded Funds (ETFs) making their debut. Bitwise initiated the advertising surge on December 18 with a standout ad featuring actor Jonathan Goldsmith. Goldsmith, ren

1. Market TrendFrom Dec. 18 to Dec. 20, the BTC price swung from $40,542.00 to $44,283.25, with a volatility of 9.23%. The prior report mentioned that for investors with positions, setting a stop-loss at $40,500 would be viable. Multiple instances of bottoming (over 3 times) are quite common in past

BlackRock Holds Discussions with SEC and Nasdaq Regarding Spot Bitcoin ETF Listing RegulationsIn December, BlackRock, Nasdaq, and the SEC convened for a second time to deliberate on BlackRock's application for a spot Bitcoin ETF. An SEC memo indicates that the meeting focused on discussing the rule

Recent comments by Senator Roger Marshall have revealed that the American Bankers Association (ABA), a leading lobbying organization for the U.S. banking industry, played a significant role in helping draft the Digital Asset Anti-Money Laundering Act, a contentious anti-crypto bill co-sponsored by S

The senator from Massachusetts claims that several public servants may be setting the stage while serving the general population to audition for jobs in the cryptocurrency sector.Source: cryptodaily.co.ukMassachusetts Senator Elizabeth Warren, an active opponent of digital currencies in the US Congr

Grayscale CEO Predicts Spot Bitcoin ETFs Set to Access $30 Trillion MarketGrayscale Investments anticipates that the U.S. SEC's potential approval of spot bitcoin ETFs will enable the $30 trillion advised wealth market to access bitcoin investments. The firm's CEO expressed optimism about the market

Stay informed about the latest occurrences in the cryptocurrency realm, covering daily trends and events affecting Bitcoin valuation, blockchain technology, DeFi, NFTs, Web3, and crypto regulations.Source: capital.comLido DAO Faces Class Action Lawsuit in CaliforniaIn a significant legal development

A survey conducted by digital asset bank Sygnum reveals a notable shift in institutional investor sentiment towards cryptocurrency. More than 80% of respondents now recognize the importance of cryptocurrency in the global financial industry, indicating a transition from skepticism to advocacy. The s

Grayscale Provides Clarity on Tax Implications for Investors in a Cash-Based Spot Bitcoin ETFGrayscale has addressed tax concerns related to a cash creation model in an upcoming spot Bitcoin exchange-traded fund (ETF). The firm emphasized that no spot Bitcoin ETF qualifying as a grantor trust would

1. Market TrendFrom Dec. 14 to Dec. 17, the BTC price swung from $41,400.00 to $43,475.25, with a volatility of 5.01%. The previous analysis report mentioned that this round of market cleansing probably has ended, forming a triple bottom trend and demonstrating favorable strength and speed in reboun