According to experts, the current rise of MARA may be closely related to a possible approval of a spot Bitcoin exchange-traded fund (ETF) in the United States. Recent reports show that Marathon Digital has been eager to expand its business. Shares of Bitcoin mining company Marathon Digital Holdings Inc (NASDAQ: MARA) have so far seen […]
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In a detailed thread on social media platform X, Boyapati outlined the importance of such an ETF in unlocking large amounts of retail savings. Earlier today, Vijay Boyapati, a prominent figure in the Bitcoin community and author of the book “The Bullish Case for Bitcoin,” shared his thoughts on the potential impact of a Bitcoin […]
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If an ETF is approved, a “black swan effect” could be triggered with a significant impact and volatility, most likely upward. According to leaks mentioned by Fox Business, the United States Securities and Exchange Commission (SEC) could make history in the industry in early 2024 with the approval of the first spot Bitcoin ETF. Sources […]
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As 2023 is drawing to a close, the cryptocurrency market is once again in the green zone. The year 2023 presented a mixed outlook for the cryptocurrency market. Initially dealing with the fallout from the rapid collapse of the FTX crypto exchange, by the end of the year investors found themselves in a favorable position. […]
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While Bitcoin’s rally has softened the impact of its decline in 2022, market expectations for ETF approval may already be priced in, posing potential risks for the market. As the long-awaited deadline for a positive or negative decision on Bitcoin spot ETF applications approaches, Bloomberg reports that the BTC options market is seeing increased covering […]
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