SINGAPORE - Cryptocurrencies extended gains in Asia trade on Tuesday, with bitcoin rallying to an almost 18-month high on speculation that an exchange-traded bitcoin fund is imminent.
Investment giant BlackRock is among several firms with pending applications for bitcoin funds in the U.S. and speculation on their likely approval was fuelled by BlacRock's iShares ETF listing on the website of clearing house DTCC. Data on crypto derivatives analysis site Coinglass showed heavy bitcoin short-covering in the last 24 hours.
Elon Musk acted like a 'little baby' and was 'almost in tears' on Tesla's 'terrible' earnings call, analyst says
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Coin Coin Latest News, Coin Coin Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Crypto SWOT: Bitcoin topped $30,000 last week on growing expectations of a spot Bitcoin ETF approvalCommentaries from industry expert Frank Holmes focusing on gold price movements, what's moving markets and what to expect in the metals sector.
Source: KitcoNewsNOW - 🏆 13. / 78 Read more »
Bitcoin History Supports Bulls After 10% Weekly Jump on ETF SpeculationA Bitcoin rally fueled by optimism about fresh demand from exchange-traded funds may have further to run if history is any guide.
Source: BNNBloomberg - 🏆 83. / 50 Read more »
Breaking: BTC crosses $34k as Blackrock’s Bitcoin spot ETF sees developmentStay Ahead!
Source: CryptoAmb - 🏆 22. / 68 Read more »
Bitcoin Rides Wave of ETF Optimism to Hit Highest Since May 2022Bitcoin extended a rally fueled by expectations of fresh demand from exchange-traded funds, reaching the highest price since May last year.
Source: BNNBloomberg - 🏆 83. / 50 Read more »
Bitcoin Rides Wave of ETF Optimism to Hit Highest Since May 2022(Bloomberg) -- Bitcoin extended a rally fueled by expectations of fresh demand from exchange-traded funds, reaching the highest price since May last...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »