The Securities and Exchange Commission (SEC) is still considering whether to approve a spot Bitcoin ETF, which would allow investors to buy and sell Bitcoin directly on an exchange. A spot Bitcoin ETF would be a major milestone for the cryptocurrency industry, as it would make it easier for institutional investors to gain exposure to Bitcoin. The SEC has rejected …
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The Recent Decline in Bitcoin Price: What’s to Blame?
The price of Bitcoin has been on a downward trend for the past few months, and there are a number of factors that have been attributed to this decline. Rising interest rates: The Federal Reserve has been raising interest rates in an effort to combat inflation, and this has made it more expensive for investors to borrow money. As a result, …
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