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BlackRock CEO Larry Fink commented on the pending consideration of the application for a Bitcoin ETF after rumors about its approval. In a conversation with FOX News, he commented on rumors about the approval of the application after the corresponding publication by Cointelegraph. “I can’t talk about the specifics of anything, I think it’s just an example of the pent-up interest in crypto. We are hearing from clients around the world about the need for crypto.” Larry Fink, Blackrock CEO On Oct. 16, rumors that the US Securities and Exchange Commission (SEC) had given the green light to a spot Bitcoin ETF pushed the price of BTC to $30,000. You might also like: Whale bought $5.7b in BTC futures amid Bitcoin ETF fake news Many crypto community members believed that the launch of the tool could support the growth of the digital asset market. Therefore, the Cointelegraph news quickly spread across the network and provoked a rise in Bitcoin (BTC) to $3...

Bitcoin (BTC) Risk as Spotted by Expert Commenting on real risk impacting the performance of Bitcoin , Bloomberg Intelligence Senior Macro Strategist, Mike McGlone said the ‘It Went Up, So Will Keep Going Up’ risks in Bitcoin might be placing the premier coin under undue pressure. advertisement Since the asset went mainstream, the Strategist noted that there have been “lessons of high-performing, widely hyped assets show price reversion may be the greater risk” for the cryptocurrency now that many members of the public are jumping on board. 'It Went Up, So Will Keep Going Up' Risks in Bitcoin – The lessons of high-performing, widely hyped assets show price reversion may be the greater risk once the masses jump on board. # Bitcoin at about $26,000 on Aug. 28 is slightly below the end of 2020, similar to… pic.twitter.com/3UdAbpLNLe — Mike McGlone (@mikemcglone11) August 28, 2023 Recommended Articles ...

The filing mentioned a surveillance sharing agreement” with an unnamed U.S. spot-based bitcoin trading platform. advertisement Fidelity Investment’s Initial Spot BTC ETF Application  Noteworthy, Fidelity had previously filed an application for the same offering in a private meeting with the U.S. regulator but its request met with a roadblock. At the time, Tom Jessop, the President of Fidelity Digital Assets tried to convince the SEC to approve the BTC derivative product by citing some reasons.  One of the reasons that he highlighted was the growth in the number of Bitcoin holders, another is the increased investor appetite for digital assets and the approval of Bitcoin ETF in other countries. The SEC did not seem to be buying it at that time. Recommended Articles Crypto Presale Projects For 2023 To Invest; Updated List ...