#SpotBitcoinETF approval impacts investment strategies, but Goldman Sachs CIO views #Bitcoin as speculative. #CryptoNews

Goldman Sachs Chief, Sharmin Mossavar-Rahmani, deems Bitcoin volatile, not a legitimate long-term investment despite approval.
https://coinpedia.org/news/etfs-dosent-make-bitcoin-an-investment-goldman-sachs-chief/

Over a decade after the first application, On Jan. 10, the SEC approves the first regulated spot Bitcoin ETF in the U.S.

The approval marks the introduction of the first regulated spot Bitcoin ETF in the U.S. This ETF allows investors direct exposure to Bitcoin without the need for crypto wallets. Represents a significant step in integrating cryptocurrency into mainstream financial markets.

#BitcoinETFs #Cryptocurrency #Bitcoinetfapproval #CryptoNews #Blockchain #Coinpedia

Economist Peter Schiff's doubts about #Grayscale's #Bitcoin Trust (GBTC) survival amid market decline and #ETF rivalry.

Anthony Scaramucci attributes Bitcoin's dip to substantial GBTC share sales, SEC-approved ETFs & #FTX's asset liquidation.
https://coinpedia.org/news/experts-reveal-top-reaons-behind-bitcoin-price-crash-how-low-can-btc-price-drop/

🔵 #Bitcoin (BTC), the oldest and most valuable #cryptocurrency, briefly reached $43,000 but dropped to around $42,000. (Currently at 42,753.33)

🔵 Excitement around Bitcoin exchange-traded funds (#ETFs) has decreased, but $BTC and other coins remain relatively stable.

🔵The Flare (FLR) token experienced the largest gain, increasing by nearly 35% in 24 hours.

🔵Aptos (APT) was the biggest loser, with a 24-hour dip of over 5%.

🔵The global #cryptomarket cap was $1.68 trillion, showing a 0.31% gain in the last 24 hours.

BREAKING: Vivek Ramaswamy, Pro- #Crypto U.S. Presidential Candidate, Suspends Campaign #CryptoNews #VivekRamaswamy

Source:@FOXNews

Grayscale's massive #Bitcoin transfer post #ETF approval sparks speculation on potential market sell-off or liquidation.

Despite SEC approval for spot #BitcoinETF, #Grayscale's outflows and market dip raise concerns about strategy.
https://coinpedia.org/news/bitcoin-etf-approval-leads-to-massive-btc-shift-by-grayscale-a-liquidity-threat/

#XRP sees a 244% surge in fund inflows, reaching $2.2 million amid #ETF speculation.

#BlackRock CEO's cryptic remarks add to bullish sentiments, positioning XRP for increased attention and speculation.
https://coinpedia.org/news/ripple-news-xrp-soars-with-244-fund-inflow-surge-amid-etf-speculation/

Gulf #Binance, a collaboration between #Binance and Gulf Innova, launched #cryptocurrency exchange services in Thailand.

Joint venture with Binance Capital Management and Gulf Energy Development, Binance TH enables local cryptocurrency trading.
https://coinpedia.org/news/binance-thailand-finally-opens-exchange-operations/

#Bitcoin's ETF approval led to a surge, reaching $48,975, but massive liquidation caused a drop to $42,820.

Selling pressure increased post-approval, impacting #Binance, #OKX, and #Upbit, with notable capital outflows reported.
https://coinpedia.org/news/bitcoin-massive-price-drop-amid-bitcoin-etf-approval-binance-and-kaiko-reported/

#XRP secures third position in #cryptomarket liquidity, beating #BNB, #DOGE, based on Kaiko's report.

Kaiko's report reveals XRP's strong performance, earning 48 points, highlighting liquidity vs. market cap dynamics.
https://coinpedia.org/news/xrp-secures-third-spot-in-liquidity-ranking-beats-sol-bnb-doge/

#Circle CEO Jeremy Allaire anticipates progress in U.S. #stablecoin regulations, citing global momentum in digital currency rules.

Allaire and Circle's CSO express optimism about 2024 as a pivotal year for U.S. stablecoin regulations. #CryptoNews
https://coinpedia.org/news/circle-ceo-expects-u-s-stablecoin-regulations-in-2024/

#XRP faced turmoil as a $15 billion hacking attempt on #Bitfinex caused negative sentiment and confusion.

Despite concerns, Santiment suggests a potential upside for XRP investors, emphasizing the dynamic #cryptomarket nature.
https://coinpedia.org/uncategorized/xrps-market-sentiment-hits-rock-bottom-post-hack-attempt/

🔵 #Bitcoin (BTC) remained stable around $42,000.

🔵 Other top #cryptocurrencies like #Ethereum (ETH), #Dogecoin (DOGE), #Solana (SOL), #Ripple (XRP), and #Litecoin (LTC) experienced a mix of gains and losses.

🔵 Flare (FLR) token, the biggest gainer yesterday, faced a significant 24-hour dip of nearly 9 percent.

🔵 Klaytn (KLAY) emerged as the biggest gainer with a 24-hour jump of over 22 percent.

🔵 The global #cryptomarket cap was $1.69 trillion at the time of writing, showing a 0.37 percent gain in the last 24 hours.

Recent U.S. approval of #BitcoinETFs is a significant milestone, but Arthur Hayes cautions about Hong Kong's influence.

Hayes predicts a bullish 2024 for the #cryptomarket, emphasizing Hong Kong's potential impact on Western adoption.
https://coinpedia.org/news/arthur-hayes-foresees-hong-kongs-impact-on-stalling-bitcoin-etf-adoption-in-the-west/

Arthur Hayes believes a successful #Bitcoin spot #ETF will change the #cryptocurrency industry. Excited about #BlackRock's ETF filing.

Hayes discusses how the ETF may affect the market, mentioning more people trading with ETF options.
https://coinpedia.org/news/the-bitcoin-spot-etf-effect-predictions-and-possibilities-by-arthur-hayes/

#Grayscale, #BlackRock, and #Fidelity lead the spot #BitcoinETF market, capturing a significant 90% trading volume.

BlackRock emerges as a potential 'Liquidity King,' poised to surpass Grayscale, while overall market activity remains healthy.
https://coinpedia.org/news/grayscale-blackrock-and-fidelity-own-almost-all-the-money-1-6-billion-on-day-three/

#Bitcoin traded above $43k, temporarily pleasing traders; its stability hinges on upcoming Federal Reserve meeting.

Anticipation of a possible interest rate pause in January could boost Bitcoin's value post #Fed meeting. #CryptoNews
https://coinpedia.org/news/bitcoin-bounce-back-at-43000-as-analyst-warns-pullback-amidst-feds-upcoming-meeting/

Bankman-Fried's parents move to dismiss #FTX lawsuit, denying influence in company's downfall, seeking fund reclaim. #CryptoNews

Filing argues lack of evidence for parental control, disputes $10M gift, luxury property, political contributions during distress.
https://coinpedia.org/news/ftx-founder-parents-contest-clawback-suit-reject-claims-of-insider-involvement/

Spot #BitcoinETF approval causes market volatility, benefits traditional players in short-focused trading.

Analysts anticipate reshaping trading dynamics, increased short-selling activity, potential dip in #Bitcoin prices, reduced counterparty risk.
https://coinpedia.org/news/potential-impact-of-spot-bitcoin-etfs-on-short-trades-by-traditional-market-participants/

Bitcoin advocate Max Keiser accuses Vanguard CEO Buckley of hindering #Bitcoin's recovery beyond $50,000. #CryptoNews

Vanguard's caution on #BitcoinETFs contrasts with competitors; Bitcoin maximalist Samson Mow predicts $1 million surge.
https://coinpedia.org/news/bitcoin-price-lingers-below-50k-despite-etf-approval-max-keiser-unveils-the-factors/

Market analyst EGRAG predicts #XRP's resilience amidst #Bitcoin downturn, foreseeing a gradual climb to $5, indicating long-term bullish momentum.

Despite recent market volatility and historical ties to Bitcoin shifts, EGRAG maintains optimism for XRP's future. #CryptoNews
https://coinpedia.org/news/xrp-on-the-radar-as-analysts-predict-big-moves-if-bitcoin-takes-a-dip/