Exchange-Traded Funds (ETFs) have taken the financial world by storm, offering investors convenient access to diverse asset classes. Yet, for some sectors, particularly the realm of cryptocurrencies, the path to an ETF approval remains riddled with obstacles. Understanding the reasoning behind rejections can shed light on this ongoing saga.Market Manipulation Concerns: One major hurdle for certain ETFs, especially those tracking volatile assets like Bitcoin, is the fear of market manipulation. R
Debunking the 7 Biggest Bitcoin Myths in 2024Bitcoin, the world's first and most valuable cryptocurrency, has been under intense scrutiny since its inception in 2009. As its price continues to hit new highs and major news breaks almost daily, it's important to separate fact from fiction. Here, we debunk the 7 biggest myths surrounding Bitcoin:Myth #1: Bitcoin is a bubble: While Bitcoin's price swings can be dramatic, it's important to remember it's a young and growing market. Comparing it to the
Bitcoin Price Prediction 2024-2030: Here’s How BTC Price Prediction Forecasts $100K After Halving 20
If Bitcoin sustains above $40K, the BTC price prediction for 2024 predicts it to reach $50,000.The Bitcoin price forecast 2030 projects a meteoric recovery in BTC price to reach $347,783.With a bullish recovery in late 2023, the price of Bitcoin skyrockets with the growing anticipations of a new bull run in 2024. The elements include the fourth Bitcoin halving, an event known for kickstarting bull runs, high hopes for a Bitcoin Spot ETF in the U.S. markets, and the growing institutional interest