article thumbnail

4 Reasons to Buy Ethereum Like There's No Tomorrow

The Motley Fool

First, it changed the calculations of transaction fees -- also known as " gas fees " -- from a manual bidding system instead of an automated one. Securities and Exchange Commission (SEC) approved the first spot price Bitcoin exchange-traded funds ( ETFs ) earlier this year.

article thumbnail

Coinbase Is The Real Winner in the Bitcoin ETF Race

The Motley Fool

In the last month, a wave of major financial institutions have applied to offer spot Bitcoin (CRYPTO: BTC) exchange-traded funds (ETF) in a bid to bridge Wall Street with the original cryptocurrency. Although no ETF has been approved yet, the SEC's blessing looks more likely by the day.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Why Bitcoin's (BTC) Price Plunged This Week

The Motley Fool

Securities and Exchange Commission (SEC) approved the market's first 11 Bitcoin (CRYPTO: BTC) exchange-traded funds (ETFs). The SEC's approvals also represent a big vote of confidence in Bitcoin's future as a mainstream asset. 10, the U.S. But in 2023, Bitcoin's price soared 154% to over $42,000.

article thumbnail

Why Investors Had a Meltdown Over Virgin Galactic's Reverse Split News

The Motley Fool

Under New York Stock Exchange rules, stocks must maintain share prices of $1 or more, or risk getting delisted. Hence the investors' knee-jerk reaction: selling Virgin Galactic stock on news of the reverse split. Why do companies reverse split? Now, Virgin Galactic probably anticipated this reaction, yet it did it anyway.

article thumbnail

Investors Are Pouring Billions Into These 2 Bitcoin ETFs and Leaving the Rest Behind

The Motley Fool

The Securities and Exchange Commission (SEC) approved 11 new spot Bitcoin (CRYPTO: BTC) ETFs earlier this month; two stand out as clear winners among the group. That provides investors with tighter bid-ask spreads and helps the ETF price track the net asset value of the fund's holdings.

article thumbnail

Nvidia's Failed Attempt to Acquire This Semiconductor Powerhouse Could Lead to the Biggest IPO of 2023

The Motley Fool

In late 2020, Nvidia (NASDAQ: NVDA) stunned the tech world by launching a $40 billion bid to buy CPU specialist Arm Holdings from Softbank Group. Arm Holdings recently filed an F-1 with the Securities and Exchange Commission (SEC), the first step in its bid for an initial public offering (IPO).

article thumbnail

Could Bitcoin Be Worth More Than $1 Trillion in 2024?

The Motley Fool

The Bitcoin ETF factor Bitcoin's current rally has been driven, to a large extent, by investor anticipation of the first-ever spot Bitcoin exchange-traded fund (ETF) for the U.S. This new flow of money, presumably, would help to bid up the price of Bitcoin. In June, BlackRock led the way with a spot Bitcoin ETF application.