Global X Withdraws Its Bitcoin Spot ETF Application

CBOE submitted an application to list and trade shares of Global X Bitcoin Trust in August 2023, but did not receive approval on January 10 with other Bitcoin spot ETF applications. Financial company Global X filed to withdraw its Bitcoin spot ETF, proposed weeks after the United States Securities and Exchange Commission (SEC) approved a […]

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Could the EU Regulate Bitcoin Mining Until Its Disappearance?

The European Commission is reportedly planning to label Bitcoin as harmful to the environment and a threat to the EU’s energy security. The EC’s proposed measures include carbon taxes and authority for the ECB to create ESG rules around Bitcoin investments. ESMA has indicated that once the report is accepted in the EU, it will […]

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US Bitcoin ETFs Attract $255 Million in Investments

According to BitMEX Research, the research arm of the cryptocurrency exchange, all Bitcoin spot ETFs recorded a total net inflow of $255 million between January 11, 2024 and January 29, 2024, 12 days after the SEC’s approval. While Grayscale’s GBTC saw million-dollar outflows on Monday, companies like BlackRock and Fidelity received a combined net inflow […]

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Analysts and AI Predict Bitcoin Price for February 2024

Bitcoin started the year trading at $42,343 and went through various ups and downs throughout the month of January. The Bitcoin price has experienced very positive returns during the months of February in previous years. Various analysts and AI shared their Bitcoin price predictions for February 2024: Bullish or bearish trend? After a positive December […]

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Ethereum ETF Could Reach Approval in May, Option2Trade (O2T), 100x Token of 2024

Option2Trade (O2T) is a cutting-edge trading platform that uses Web3 technology and artificial intelligence to empower traders around the world. The possible approval of Ethereum (ETH) ETFs in May could boost institutional participation in the cryptocurrency market. Option2Trade (O2T) is a platform that capitalizes on this interest with innovative features such as social trading, governance, […]

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