Bitcoin News YouTube Today’s Hits
1. Bitcoin Price Surges 10% in 24 Hours, Hits $24,000
The price of Bitcoin surged by 10% in the past 24 hours, reaching a high of $24,000. This is the highest price Bitcoin has reached since June 2022. The rally was sparked by positive news from the cryptocurrency industry, including the launch of the Bakkt platform and the increasing adoption of Bitcoin by institutional investors.
2. Bakkt Launches Physical Bitcoin Futures, Boosting Cryptocurrency Market
The Intercontinental Exchange (ICE), the owner of the New York Stock Exchange, has launched Bakkt, a new platform for trading physical Bitcoin futures. This is a significant milestone for the cryptocurrency industry, as it will provide institutional investors with a more secure and regulated way to trade Bitcoin. The launch of Bakkt is expected to boost the cryptocurrency market by increasing liquidity and reducing volatility.
3. Fidelity Investments to Offer Bitcoin Trading to Retail Investors
Fidelity Investments, one of the world’s largest asset managers, is reportedly planning to offer Bitcoin trading to its retail investors. This would be a major move by Fidelity, as it would make Bitcoin more accessible to a wider range of investors. The news has been met with enthusiasm by the cryptocurrency community, as it is seen as a sign of increasing institutional adoption of Bitcoin.
4. Bitcoin Cash Hard Fork: BCH and BSV Emerge
The Bitcoin Cash blockchain underwent a hard fork on November 15, 2018, resulting in the creation of two new coins: Bitcoin Cash (BCH) and Bitcoin SV (BSV). The hard fork was controversial, as there was no clear consensus among Bitcoin Cash miners and users on which chain to support. The BCH chain has emerged as the dominant chain, with the majority of exchanges and wallets supporting it.
5. SEC Delays Decision on Bitcoin ETF
The U.S. Securities and Exchange Commission (SEC) has delayed its decision on whether to approve a Bitcoin exchange-traded fund (ETF) until February 27, 2019. This is the second time the SEC has delayed its decision on a Bitcoin ETF. The SEC is concerned about the potential for market manipulation and fraud in the cryptocurrency market.
Conclusion
Today’s Bitcoin news highlights the increasing adoption of Bitcoin by institutional investors and the growing maturity of the cryptocurrency industry. The launch of Bakkt, Fidelity’s plans to offer Bitcoin trading, and the upcoming SEC decision on a Bitcoin ETF are all major developments that are likely to have a significant impact on the market.
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