Coinbase Rocks as Key Earnings Metric Spoils Futures Launch Rally; Start of SBF deliberations

Coinbase stock fell Thursday evening after its earnings report showed a significant decline in cryptocurrency trading volume. Actions Coinbase (PIECE OF MONEY) rallied in trading after the cryptocurrency exchange began offering cryptocurrency futures late Wednesday to eligible U.S. retail customers. Bitcoin and cryptocurrency prices fell from overnight highs on Thursday morning. Elsewhere, the verdict in … Read more

Bitcoin holds above $34,000 after hawkish BOJ decision

Bitcoin (BTC) continues to trade above $34,000 after the Bank of Japan (BOJ) loosened its grip on the “yield curve control” (YCC) program, thwart the Federal Reserve’s liquidity crunch. At press time, the leading cryptocurrency by market value changed hands at $34,300, representing a 0.18% decline on a 24-hour basis, according to CoinDesk data. On … Read more

In major ruling, Malaysian wins RM697,000 from crypto firm Luno for unauthorized Bitcoin purchases | Malaysian mail

KUALA LUMPUR, Nov 1 — A Malaysian man was yesterday awarded nearly RM700,000 after successfully suing cryptocurrency investment firm Luno Malaysia Sdn Bhd for negligence, following the allegedly unauthorized use of more than one half a million ringgit into his Luno account in 2021 to buy digital. Bitcoin currency. Lawyer Ong Yu Jian said Malaysian … Read more

Bitcoin Price Prediction: Elon Musk’s Cheerful Tweet Fuels Crypto Enthusiasm

In the world of cryptocurrency, enthusiasm continues to spread through the market as Bitcoin remains at $34,274, recording an increase of 0.75% this Monday. Beyond the price action, the crypto community finds itself ignited by the joyful tweet from none other than Elon Musk. While the pro-Bitcoin stance of Nayib Bukele, President of El Salvador, … Read more

New spot-bitcoin ETFs risk disappointing

The much-anticipated spot Bitcoin ETFs are likely to be disappointing for a considerable period after their launch. This is according to recently published research on the post-launch performance of ETFs focused on specialized market niches. The study found that these narrowly focused ETFs lag the broader stock market on average, on a risk-adjusted basis, for … Read more

Bitcoin strategies, underdog stocks and why October is ideal for finding both

Seasonal rotations to Bitcoin ETFs like Grayscale Bitcoin Trust (GBTC) and actions like Super microcomputer (SMCI) make this the perfect time to subject your portfolio to what Stock Trader’s Almanac editor Jeffrey Hirsch calls a “sober October.” “Most of these seasonal bullish sector periods start in October,” Hirsch told Investor’s Business Daily’s “Investing with IBD” … Read more

Coinbase shares rise 7% as Grayscale ETF decision takes effect

Shares of Coinbase jumped 7% on Tuesday as investors were buoyed by a court ruling in a Bitcoin spot ETF case that could also benefit the crypto exchange. The cryptocurrency company must also submit its final response to the SEC’s response to Coinbase’s dismissal request by the end of Tuesday. Grayscale Bitcoin Trust and MicroStrategy, … Read more

No, the ARK 21 Shares spot Bitcoin ETF is not listed on the DTCC website.

Despite rumors swirling on social media, ARK Invest’s Bitcoin spot (BTC) exchange-traded fund (ETF) does not appear to be listed on the Depository Trust and Clearing Corporation (DTCC) website. On October 25, many high-profile crypto accounts on X (Twitter), including Mike Alfred, Bitcoin News, Simply Bitcoin, Crypto News Alerts and others, posted tweets and screenshots … Read more

Top Tech News Today: ChatGPT Code Reveals Data Secrets. Bitcoin surges, other crypto delays

Activating the power of data by revealing secrets and revealing insights, ChatGPT’s innovative code Hello all techies, here are some quick tech updates to follow! What’s new today: Vahan hires 4 Lakh workers across 200 cities for festive season Accelerated information: Bitcoin surges, other crypto delays In a first-of-its-kind demonstration, researchers played with ChatGPT and … Read more

“I’m finally getting some opposition on my Bitcoin bill,” says Mexican senator – Decrypt

Freshman Mexican Senator Indira Kempis made headlines last year when she introduced a bill to create a central bank digital currency (CBDC). Today, she aims to make Bitcoin an integral part of her political program. Kempis is a congresswoman from the state of Nuevo León, located north of Mexico City and shares a small border … Read more