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US CFTC is not happy with the approval of Bitcoin Spot ETF

27 Jan 2024 1 minute read 2 comments Yugocean

      The CFTC's anguish is beginning to surface just two weeks after the Bitcoin Spot ETF received US SEC approval.   CFTC losing its BTC "Commodity"      A while back, SEC Chairman Gary Gensler proclaimed Bitcoin to be a commodity. The CFTC penal...

Bitcoin miners are neither Hodling nor dumping

26 Jan 2024 1 minute read 0 comments Yugocean

     Bitcoin is a PoW crypto; the heavy machinery required to mine it has made it a mining industry. What is it doing to Bitcoin? Do miners dump BTC?      There is a misconception about Bitcoin miners that they dump Bitcoin, but this is not true, b...

Post ETF clash between bulls and bears led to the fall of Bitcoin and the return of NFTs

24 Jan 2024 1 minute read 2 comments Yugocean

     The bear-bull race in the crypto world is at a strange turn, where the king Bitcoin is falling, and altcoins are fighting in the market, and NFT strikes back.   Bitcoin value fall over ETF      There has been a lot of investment in the ETF mar...

Effective Grayscale Bitcoin outflow

22 Jan 2024 1 minute read 3 comments Yugocean

     Since the approval, Grayscale is using spot BTC ETF for its outflows, changed status and influence. Large Outflow       It was anticipated that spot BTC ETFs would see massive inflows, but Grayscale is acting in the opposite way.  Currently on...

ETF of Bitcoin and Ethereum stir the US market

14 Jan 2024 1 minute read 0 comments Yugocean

     The views on ETF for crypto world's emperor Bitcoin and uncrowned king Ethereum have created a stir in the US market.   Gary remembers Satoshi on ETFs   Gary suddenly claimed that "Bitcoin Spot ETF was not what Satoshi Nakamoto wanted for BTC....

Bears Attack Bitcoin amid Spot ETF

13 Jan 2024 1 minute read 1 comment Yugocean

     Bitcoin bulls are once again facing the latest attack from bears. The crypto world has faced such attacks before and will endure them too.   The impact of the mobilisation behind Vanguard      Some analysts believe that anti-Bitcoin influence...

Complex Impact of Bitcoin Spot ETF on Exchanges and Companies

12 Jan 2024 1 minute read 1 comment Yugocean

     After Bitcoin Spot ETF gets SEC approval, Bitcoin's impact has spread over the US market like winter fog. Impact on Anti-Bitcoin Companies      Some big asset management companies have blocked their clients from purchasing Bitcoin spot ETFs, fo...

The Bitcoin Spot ETF is Approved by US SEC

11 Jan 2024 1 minute read 2 comments Yugocean

     The SEC has recognized the Bitcoin Spot ETF as a security after several dramatic events in the US, its dimensions have also begun.     The Living Daylight      The commercial sector with approved Bitcoin Spot ETF has already started competing t...

SEC X Hack and Bitcoin ETF approval Drama

10 Jan 2024 1 minute read 2 comments Yugocean

     SEC's X account hack provided honey to bears and paddy to bulls in the Bitcoin market, which has also spoiled the mantle health of Gary Gensler.   Hack Drama      At 4:11 p.m. US time, the SEC's official X account declared the approval of all E...

Bitcoin washes away its critics

9 Jan 2024 1 minute read 2 comments Yugocean

     In the crypto world, bears are still feared much, but bulls in Bitcoin have kept them to their limits. Any fool can criticize      Exactly a year ago, there was such a strong attack by the bears on Bitcoin that critics of crypto started predic...