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Bitcoin bulls hold onto the $30,000 level as BTC price consolidates after a recent rally, with sentiment high for a potential rise to $35,000. Increasing interest in crypto assets and Bitcoin ETF filings, along with the upcoming 145,000 BTC options expiry on June 30, are key market events to watch.

The rise of institutionalization in the cryptocurrency world has prompted debate regarding Bitcoin’s purpose. Wall Street may adopt the “digital gold” narrative, representing Bitcoin as an asset independent of monetary policy. However, the chosen narrative could influence regulatory policy and may indirectly curtail Bitcoin’s usage growth, impacting privacy and KYC rules.

BlackRock’s application for a Bitcoin ETF has stirred mixed reactions in the crypto community, with some anticipating mainstream adoption, while others fear traditional financial giants may compromise core principles like privacy and decentralization, jeopardizing cryptocurrency’s disruptive potential.

Bitcoin Cash (BCH) surged 36.5% after being listed on EDX exchange, backed by giants like Fidelity, Schwab, and Citadel. With a 77% rise in open interest, BCH reached its highest value since February, indicating a more optimistic outlook for institutional adoption.

Since 2013, the crypto community has pursued elusive spot Bitcoin ETFs. Interest in Bitcoin ETFs has grown globally, with Canada, Brazil, and Dubai embracing them. Despite numerous rejections, the industry remains optimistic, and BlackRock’s recent application has spurred other major companies to apply for Bitcoin spot ETFs, suggesting market resilience and potential for a U.S. Bitcoin ETF.

The crypto market experiences a long-term ripple effect as major financial firms like BlackRock, Invesco, Fidelity Investments, WisdomTree, and Valkyrie Funds enter the digital assets market. Skeptics worry their involvement could increase regulation, potentially hindering innovation and the decentralized spirit valued in the crypto community.

Short traders faced single-day losses exceeding $178 million due to crypto token liquidations. The liquidation frenzy coincided with Bitcoin hitting $30,000 for the second time this year, potentially driven by ETF filings. Market observers predict this upward trend could continue if traditional finance giants receive ETF approvals.

BTC/USD is nearing its 2023 high as market sentiment improves, due in part to Wall Street’s increasing interest in crypto. Recent filings for spot Bitcoin ETFs and the launch of EDX Markets indicate growing optimism. However, Bitcoin faces resistance at $31,000, and investors should monitor support and resistance levels while conducting thorough market research.

Bitcoin surpasses $30,000 with a $588 billion market cap amid an influx of spot Bitcoin ETF applications to the SEC. However, it faces challenges from regulatory crackdowns and potential policy changes, emphasizing the need for thorough research before investing in cryptocurrencies.

The great Bitcoin accumulation race, triggered by investment giants’ spot exchange-traded fund (ETF) applications, pits retail investors against institutions, with both eyeing the 21-million-BTC cap. However, many obstacles and regulatory challenges remain before mass adoption and institutional support become a reality.

Bitcoin surpasses $30,000 as major firms like BlackRock, Invesco, and WisdomTree file for spot Bitcoin ETFs, boosting investor confidence despite regulatory uncertainty. Growing institutional interest suggests a new wave in crypto evolution, with the potential involvement of traditional financial institutions, pension funds, and university endowments.

Cryptocurrency fund manager Valkyrie has applied for a Bitcoin spot ETF, joining finance firms like BlackRock, WisdomTree, and Invesco in seeking approval. Despite previous skepticism, the surge in applications suggests growing optimism and urgency to gain regulatory approval for BTC ETFs.

Cameron Winklevoss, Gemini co-founder, claims the “great accumulation of Bitcoin” has begun as it gains widespread acceptance. Factors like major finance players filing for spot Bitcoin ETF applications, regulatory shifts, and increased network activity have bolstered investor confidence in the cryptocurrency market.

Bitcoin recently surpassed the $30,000 mark for the first time since April, with other cryptocurrencies witnessing similar surges. This upward trend seems to be driven by renewed confidence among institutional investors, such as the launch of the EDX Markets digital asset exchange backed by Fidelity, Charles Schwab, and Citadel Securities. However, skepticism regarding the long-term sustainability of this market resurgence still exists.

Bitcoin recently broke the $30,000 mark, with traditional finance firms showing renewed interest in crypto. Major finance institutions like BlackRock, Invesco, and WisdomTree have filed applications for bitcoin ETFs, and the launch of EDX crypto exchange, backed by Fidelity Digital Assets, Charles Schwab, and Citadel Securities, expands the market with four new tokens. As traditional finance and crypto worlds strengthen their ties, a balanced approach to regulation is essential.

Bitcoin has surpassed $29,000, possibly fueled by high-profile ETF filings, while lesser-known altcoins like Bitcoin Cash also surge. EDX Markets, backed by Fidelity, Charles Schwab, and Citadel Securities, now offers Bitcoin Cash, potentially contributing to its 26% uptick in price. As regulatory concerns persist, the question remains: can cryptocurrencies maintain market stability and confidence for further growth?

The crypto market experienced a significant recovery with Bitcoin and Ethereum prices reaching a six-week high. This surge followed US Federal Reserve Chair Jerome Powell’s testimony and increased institutional interest in the crypto market, including BlackRock iShares’ Bitcoin ETF application.

Bitcoin surges above $29,000 as traditional finance institutions, like BlackRock and Deutsche Bank, venture deeper into digital assets, fueling positive investor sentiment. Despite skepticism, increased institutional interest showcases the growing acceptance of cryptocurrency in the financial sector.

The cryptocurrency market has surged with Bitcoin’s price reaching $28,800 as traditional finance firms enter the crypto space. Deutsche Bank applied for a digital asset custody license, while EDX Markets’ trading support for cryptocurrencies expanded. Invesco also reapplied for a spot bitcoin ETF, emphasizing investor protection. However, skepticism remains regarding investor protection and the impact of traditional finance firms in the crypto market.

Bitcoin surged to $29,000 due to a series of ETF applications in the US and growing institutional involvement in crypto trading. This renewed optimism, led by BlackRock’s ETF application, has increased market confidence in the technology’s potential, despite concerns about increased centralization and scrutiny.

Ethereum price experiences a bullish outlook with a 4.8% gain in 24 hours, alongside a market-wide recovery led by Bitcoin. The pause of interest rate hikes supports risk assets like Ethereum, further bolstered by institutional investors entering the crypto space. Ethereum’s current price sits above key moving averages, hinting at potential short-term gains.

Bitcoin surges 11% due to the launch of EDX, a new digital exchange, and increasing institutional interest. Prominent investor Cathie Wood predicts a $1 million price target for Bitcoin and expresses confidence in Coinbase. Technically, the Bitcoin (BTC) reaches $30,000 milestone amid a favorable environment.

Binance CEO CZ supports new cryptocurrency exchange EDX, backed by prominent financial institutions like Citadel Securities, Fidelity Investments, and Charles Schwab. EDX plans to initially offer trading in Bitcoin, Ethereum, Litecoin, and Bitcoin Cash, while aiming to launch a clearinghouse later this year.

Bitcoin surges by nearly 7%, fueled by traditional financial institutions’ interest and institutional demand, such as BlackRock’s Bitcoin ETF application and EDX Markets’ upcoming launch. However, the SEC’s past rejections of spot-Bitcoin ETFs still pose challenges for the industry.

The newly launched cryptocurrency exchange, EDX Markets, backed by Wall Street giants Charles Schwab, Citadel Securities, and Fidelity Digital Assets, aims to fuse traditional finance with cryptocurrency while emphasizing compliance. The venture represents a significant milestone in addressing regulatory concerns and encouraging adoption within the traditional financial industry.

Bitcoin surged above $28,000 on Tuesday, marking the largest short squeeze this month as traders faced $36.6 million in liquidations. The surge coincided with major financial services institutions announcing crypto initiatives, including Deutsche Bank’s digital asset custody license application and BlackRock’s spot BTC ETF filing. These developments indicate increased exposure to digital assets in traditional finance.