30 Jun: Bitcoin ETF Filings Inadequate

30 Jun: Bitcoin ETF Filings Inadequate

By theinspired | Inspiration | 30 Jun 2023


"Love cures people - both the ones who give it and the ones who receive it."
 –Karl A. Menninger

Powered by LifeLine- The Power of Prevention

READ

It's Friiddaayyyy Folks! Yesterday, Fidelity made it official and filed for a Spot Bitcoin ETF; the price of Bitcoin is currently at $30,784.33. The fear and greed index ticked up to 56 and the best performing asset for the past 24 hours is $LTC up 18.42%; in position #10. There isn't really any trending news but Litecoin is now in the top 10. Let's dive into the rest of the news...

Bitcoin price briefly clears $31K as monthly, quarterly close nears. U.S. Investors Are Driving Bitcoin’s Price Surge as Institutional Demand Rises. Bitcoin poised to attack $35,000 amid ‘lack of resistance’. Bitcoin Sees Rare 300% Quarterly Increase in Transaction Fees. US SEC deems spot Bitcoin ETFs filings as inadequate; price dives 6%. Why approving a Bitcoin ETF might unleash $18 billion in sell-pressure.

Opinion: Michael Saylor -Bitcoin ETF would be a 'milestone on the road to institutional adoption'

Ethereum is gaining investors’ confidence as go-to asset for passive income. Litecoin’s Hash Rate Hits ATH as Halving Countdown Narrows and LTC Nears $100.

Opinion: CBDCs aren’t about solving today’s problems — Australia’s CBDC lead Dilip Rao.

Coinbase Files Request for Dismissal of Charges, Prepares for Mainnet Launch With Slew of Security Audits, and offers 4% yield on USDC. Binance’s Institutional Clients Remain Optimistic on Crypto Amid Tough Market. Citigroup is reviewing its partnership with digital asset custodian Metaco: Bloomberg.

UK Passes Bill Establishing Crypto and Stablecoins as Regulated Financial Activities. Cryptoregulatory approach isn’t needed now’ — New Zealand central bank. South Korean lawmakers pass crypto bill to protect investors.

Bankrupt Celsius Can Convert Altcoins to BTC, ETH Starting July 1 Following SEC Talks.

WATCH

LISTEN

Podcast of the Day:Read_746 - Orange Pilling Your Barber [Hector Alvero] | Bitcoin Audible

How do you rate this article?

20


theinspired
theinspired

I've been aware of Bitcoin since 2011 and my desire is that you will be better informed about the digital asset industry by reading my daily post.


Inspiration
Inspiration

I've been exposed to the world of crypto since 2011. Now I use my knowledge to curate the most relevant news articles, podcast, videos, blogs and social media information to help you be in the know in Crypto!

Publish0x

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.

Page not displaying correctly?