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Showing posts with the label cryptocurrency industry

Finance experts predict Bitcoin price for end of 2025

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Financial experts and cryptocurrency industry analysts predict that the leading digital currency, Bitcoin (BTC), will see significant price growth throughout 2025.  At press time, the price of Bitcoin had reached $104,110, after mounting a 10.28% rally since the beginning of the year. BTC price year-to-date (YTD) chart. Source: Finbold The 25 polled respondents set an average price target of more than $160,000 by the end of the year and more than $400,000 by the end of 2030, according to findings published on January 16 by Richard Laycock for Finder and shared with Finbold. Picks for you ChatGPT predicts Ethereum price as Trump’s World Liberty Financial buys ETH 26 mins ago Jellyverse unveils jAssets Protocol for synthetic assets o...

Grayscale Takes on SEC After Rejection of Bitcoin ETF

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Join Our Telegram channel to stay up to date on breaking news coverage The court filing by Grayscale, which was made public on Tuesday, claims that the SEC’s justification for rejecting Grayscale’s request to convert the Grayscale Bitcoin Trust into a spot bitcoin ETF is “flawed” and “inconsistently applied.” The largest cryptocurrency asset manager, Grayscale Investments LLC, said earlier this year that the US Securities and Exchange Commission acted arbitrarily when it denied a request to turn its $12 billion spot Bitcoin trust into an exchange-traded fund. Grayscale claimed in the opening brief of its complaint against the regulator on Tuesday, October 11, that the denial based on the potential for fraud and trickery in the spot Bitcoin market is “arbitrary” and “discriminatory” because of SEC has approved futures-based Bitcoin ETFs, which are subject to the equal concerns. “ That stark arbitrariness canno...