This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
That's mainly due to more people becoming more educated about, and wanting to own, an asset that has a fixed supply cap of 21 million. Recently, leading asset managers BlackRock and Fidelity filed applications with the Securities and ExchangeCommission (SEC) to launch spot Bitcoin exchange-tradedfunds.
Here are some shocking statistics via a recent report from the Financial Industry Regulatory Authority (FINRA) Investor Education Foundation: 21% of investors don't think they pay any kind of fee for investing. 38% of mutual fund investors think they don't pay any mutual fund fees or expenses. What fees are you paying?
Tom Lee, managing partner and Head of Research at Fundstrat Global Advisors, believes the combination of recently approved spot Bitcoin exchange-tradedfunds (ETFs), the recent halving of Bitcoin block subsidies, and the eventual easing of monetary policy (lower interest rates) could push Bitcoin to $150,000 by 2025 and $500,000 by 2029.
The Shiba Inu community is happy to welcome new investors into the fold and educate them about the ins and outs of this fascinating digital asset. While you're at it, keep tabs on new developments in BlackRock 's quest to get a spot Bitcoin exchange-tradedfund (ETF) approved by the Securities and ExchangeCommission (SEC).
But I think education might be the key factor that has propelled Bitcoin. Earlier this year, the Securities and ExchangeCommission (SEC) approved spot exchange-tradedfunds (ETFs) that have opened the capital floodgates. The broader crypto industry has had its own set of issues.
Dom Kwok, former Goldman Sachs employee and co-founder of blockchain education company EasyA, earlier this year said XRP had a good shot at replacing Ethereum as the second most valuable cryptocurrency. 27, Bitcoin trades at $86,000, so his prediction implies 190% upside. But the SEC has since appealed the decision.
Not long after the calendar turned to 2024, the Securities and ExchangeCommission (SEC) approved the trading of Bitcoin spot exchange-tradedfunds. This makes me believe that a long-term catalyst to keep in mind is investor education. Once more people realize that the U.S.
The leading spot Bitcoin exchange-tradedfund (ETF) has attracted the attention of several notable asset managers, including Israel Englander, David Shaw, and Steven Cohen in the first six months of 2024. But it's important to note they make a lot of educated guesses, and those guesses could turn out to be dead wrong.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content