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Crypto De Nostradame
Oct 13, 2023
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BlackRock’s spot Bitcoin ETF now listed on Nasdaq trade clearing firm — Bloomberg analyst. Exchange-traded fund analyst Eric Balchunas said the addition was “all part of the process” of a crypto ETF being listed and traded and a positive sign for SEC approval. The iShares spot Bitcoin exchange-traded fund (ETF) proposed by investment firm BlackRock has been listed on the Depository Trust & Clearing Corporation (DTCC), suggesting potential approval by the United States Securities and Exchange Commission. In an Oct. 23 X (formerly Twitter) thread, Bloomberg ETF analyst Eric Balchunas said the DTCC listing was “all part of the process” of bringing a crypto ETF to market. The iShares spot Bitcoin BTC tickers down $34,332 ETF has a ticker symbol of IBTC for a possible listing on the Nasdaq stock exchange, which applied to list and trade shares of the investment vehicle in June. “This is [the] first spot ETF listed on DTCC, none of the others on there (yet),” said Balchunas. “Def notable BlackRock is leading charge on these logistics (seeding, ticker, dtcc) that tend to happen just prior to launch. Hard not to view this as them getting signal that approval is certain/imminent.” Balchunas speculated that BlackRock may have already received the green light for listing the ETF from the SEC or was “prepping everything assuming so.” Based on the date of BlackRock’s application, the SEC has until Jan. 10, 2024, to reach a final decision on approval or denial of the ETF. Should BlackRock’s application be approved, it could lead to the floodgates opening for a number of spot crypto ETF filings currently being reviewed by the SEC, including ones from ARK Investment, Fidelity and Valkyrie. The BTCC listing followed a U.S. appellate court issuing a mandate enforcing an Aug. 29 decision that would require the SEC to review a spot BTC ETF application from Grayscale Investments. Grayscale submitted a registration statement to the SEC to list shares of its Bitcoin trust on the New York Stock Exchange Arca under the ticker symbol GBTC on Oct. 19.
Oct 24, 2023
BlackRock CEO Larry Fink Shares Thoughts on a Bitcoin (BTC): Bull Run Ahead? BTC price topped $30K this week. BlackRock chief Larry Fink called it a “flight to quality” amid positive Bitcoin ETF buzz and a high-profile FTX trial in swing. TL’DR BlackRock CEO Larry Fink praises the Bitcoin network, citing pent-up interest in crypto and a flight to quality as drivers of the recent rally. Confidence in SEC approval of a Bitcoin ETF is growing, reinforcing Bitcoin’s quality and mainstream adoption, as evidenced by increased stablecoin flows into Bitcoin. The ongoing trial of Sam Bankman-Fried highlights the narrative that decentralized cryptocurrencies like Bitcoin are more reliable and of higher quality, leading to a “flight to safety” amid market turmoil and inflation concerns, as noted by analysts. Fink’s recently gave high praise for the Bitcoin (BTC) network. Furthermore, the CEO of the world’s largest hedge fund, with over $9.4 trillion in AUM (assets under management), said this October’s stunning Bitcoin rally is “beyond rumor.” Fink believes the market’s recent moves to multi-month highs are about cryptocurrency’s quality as an investment: “I think it’s just an example of the pent-up interest in crypto. We are hearing from clients around the world about the need for crypto. Some of this rally is way beyond the rumor — I think the rally today is about a flight to quality.” Backing the BlackRock CEO’s argument while supporting Bitcoin’s safe haven thesis, spot gold prices moved in tandem with BTC this past week. Institutions Clamor for Spot Bitcoin ETF Approval The growing confidence among analysts that the SEC will soon approve a Bitcoin ETF helps validate Bitcoin’s quality. That validation is especially important for mainstream and institutional adoption. But it is clearly sending a message to crypto traders. Glassnode on-chain data shows cryptocurrency markets pouring their stablecoins into Bitcoin this week.
Oct 23, 2023
Price of BTC in 2024$BTC According to our Bitcoin price prediction, BTC is forecasted to trade within a price range of $ 28,017 and $ 118,346 next year. Bitcoin will increase by 321.87% and reach $ 118,346 if it reaches the higher value target for 2024.What is the Bitcoin price prediction for 2024? According to our Bitcoin price prediction, BTC is forecasted to trade within a price range of $ 28,017 and $ 118,346 next year. Bitcoin will increase by 321.87% and reach $ 118,346 if it reaches the higher value target for 2024.
Oct 19, 2023
🚨 Breaking News 🚨 The SEC issued a major warning after fake rumors about a BlackRock Bitcoin ETF approval! 📢 Today, the crypto world went through a rollercoaster ride due to misinformation. Reports wrongly claimed that the SEC gave the green light to a spot Bitcoin ETF from BlackRock's iShares. 😱 But here's the truth: BlackRock clarified that their ETF application is still under review, bursting the bubble. 🧐 The misinformation briefly boosted Bitcoin's price, which soared past $30,000 before taking an 8% dive. 💰 This incident shows how vulnerable the crypto market is to fake news and speculation, raising concerns about future ETF approvals. 📈 On a brighter note, experts remain optimistic, with Bloomberg analysts projecting a 90% chance of a spot Bitcoin ETF approval by January 10, 2024. 📆 BlackRock CEO Larry Fink also emphasized the growing interest in cryptocurrencies, envisioning them as a key asset for investors in uncertain economic times. 🌐 Remember, always double-check your sources and stay informed! 📚 #crypto2023 $BTC $ETC
Oct 17, 2023
$BTC Analyst Suggests False Bitcoin ETF News Was Market Manipulation A popular crypto YouTuber known as Crypto Banter recently discussed how potentially fake news around a Bitcoin spot ETF approval caused a pump and dump in the Bitcoin price. In a video posted on Oct. 16th, the host explained that news circulated early in the day that the SEC had approved a Bitcoin spot ETF by BlackRock. This news caused the Bitcoin price to surge dramatically from around $28,500 to briefly over $30,000. However, the host revealed that the news turned out to be fake. BlackRock confirmed they did not have a Bitcoin ETF approved. The original source of the false news, Cointelegraph, later retracted and edited their story. You might also like: BTC prices surges on false rumors of Bitcoin ETF approval The host suggested this was a deliberate attempt at market manipulation. The fake news allowed large Bitcoin shorts to be liquidated when the price spiked suddenly. It also drew in new buyers who believed the ETF news was real. After the truth came out, the Bitcoin price crumbled back down towards the $28,000 level again. The host called it a classic “pump and dump” move by whales with inside information spreading fake ETF approval news. While a Bitcoin spot ETF is highly anticipated, the host cautioned viewers to be wary of unconfirmed rumors on social media. He praised his own team of researchers in the live stream chat for digging into the sources and finding the ETF approval was bogus. Crypto Banter also suggested that if the false ETF story cannot be proven as a mistake, the host suggested Cointelegraph may face legal consequences for deliberate market manipulation. A recent tweet by Twitter sleuth ZachXBT traced the likely original source to a Telegram group. A user in this Telegram channel posted the exact same fake news reported by CoinTelegraph 39 minutes before their tweet.After they deleted their message and account. pic.twitter.com/CP98ex56ZU — ZachXBT (@zachxbt) October 16, 2023 $BTC $ETC
Oct 17, 2023
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