On Wednesday, January 10, the SEC approved Bitcoin ETFs, a move hailed as "game-changing" for the crypto market. Discover more about Bitcoin ETFs in this article.
Bitcoin prices soared past $41,000 driven by hopes of rate cuts and Crypto ETF approvals.
Bitcoin rose on Monday after slightly sinking during the weekend. The cryptocurrency was trading at approximately $62,000. The rise comes ahead of an anticipated approval for Bitcoin futures ETF which is expected to be finalised this week.
Coinbase, one of the world’s largest cryptocurrency exchanges, is scheduled to go public on Wednesday. This marks the first major public listing for an online crypto exchange and some analysts expect the listing to advance the uptake in crypto investing.
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