Bitcoin

Bitcoin Surges Towards $60,000 Amid Market Optimism

In a testament to its enduring resilience, Bitcoin, the world's leading cryptocurrency, continued its upward trajectory on Wednesday, inching closer to the significant milestone of ,000. The cryptocurrency's resurgence has been fueled by a confluence of factors, including positive industry developments and growing investor optimism.

US regulators authorize first bitcoin funds on public markets

U.S. securities regulators gave the green light Wednesday to a group of bitcoin exchange-traded funds, a keenly anticipated decision expected to boost the cryptocurrency.

Regulators approved proposals for 11 ETFs to list on leading exchanges including the New York Stock Exchange "on an accelerated basis," the Securities and Exchange Commission said in a 22-page order.

Bitcoin Surpasses 45,000 Mark, Paving the Way for Potential ETF Approval

As 2024 kicks off, Bitcoin surges above the 45,000 threshold, marking its highest value since April 2022, riding on a wave of investor optimism and anticipation surrounding the possible green light for exchange-traded bitcoin funds on the spot market, according to Reuters.

El Salvador Offers Fast-Tracked Citizenship for Bitcoin Donations

El Salvador's Congress has passed an immigration law that enables swift citizenship for foreigners willing to contribute bitcoins to the nation's social and economic development initiatives. The unexpected approval of this reform came late Wednesday in a parliamentary vote supported by President Nayib Bukele's New Ideas party, holding a majority in Congress.

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