exchange traded funds (etf)

  1. Hanno Labuschagne

    Bitcoin's price will jump over $80,000 by end of the year — Binance CEO

    Bitcoin's price will jump over $80,000 by end of the year — Binance CEO Bitcoin is set to continue its record-breaking rally and rise above $80,000 (R1.5 million) as institutional investors pour more money into the crypto-backed exchange-traded funds, according to Binance chief executive...
  3. Hanno Labuschagne

    Bitcoin nearing all-time record

    Bitcoin nearing all-time record At the heart of the rally that is pushing Bitcoin toward a record high is a simple tenet of economics: supply and demand. Demand for the token from new US exchange-traded funds is outstripping the amount of Bitcoin that long-time holders are willing to sell...
  4. Hanno Labuschagne

    Bitcoin rallies to $57,000 for first time in over two years

    Bitcoin rallies to $57,000 for first time in over two years Bitcoin retook the $57,000 (R1.1 million) level for the first time since late 2021, supported by investor demand through exchange-traded funds as well as further purchases by MicroStrategy Inc. The digital asset added as much as 4.4%...
  5. Hanno Labuschagne

    Bitcoin surges to $50,000 value for first time in over two years

    Bitcoin surges to $50,000 value for first time in over two years Bitcoin hovered around $50,000 after scaling the closely watched level for the first time in over two years, a remarkable comeback from the crypto scandals and wipeouts that had cast doubt on the industry’s viability. The largest...
  6. Hanno Labuschagne

    Bitcoin slides as ETF fanfare cools

    Bitcoin slides as ETF fanfare cools Bitcoin posted its worst streak in about a month amid ebbing fanfare over new US exchange-traded funds for the largest digital asset. The token fell as much as 1.9% before paring some of the slide to trade at $42,239 as of 9 a.m. Monday in Singapore. It has...
  7. Hanno Labuschagne

    Bitcoin ETF explosion on Wall Street

    Bitcoin ETF explosion on Wall Street Wall Street may be divided over crypto’s investment credentials but for Bitcoin brethrenm Thursday delivered validation: The first US exchange-traded funds investing directly in the largest digital currency finally went live. It was a much-anticipated debut...
  8. Hanno Labuschagne

    Bitcoin ETFs approved

    Bitcoin ETFs approved US regulators for the first time approved exchange-traded funds that invest directly in Bitcoin, a move heralded as a landmark event for the roughly $1.7 trillion digital-asset sector that will broaden access to the largest cryptocurrency on Wall Street and beyond. The...
  9. Hanno Labuschagne

    Hacked SEC X account posts Bitcoin ETF has been approved

    Hacked SEC X account posts Bitcoin ETF has been approved A highly anticipated decision by the US Securities and Exchange Commission on whether to approve a spot-Bitcoin exchange-traded fund quickly morphed into a major cybersecurity incident on Tuesday. The SEC’s X account was compromised and...
  10. Hanno Labuschagne

    Bitcoin price jumps to near two-year high

    Bitcoin price jumps to near two-year high Bitcoin surpassed $45,000 (R823,261) for the first time in nearly two years as anticipation of an approval of an exchange-traded fund investing directly in the biggest token intensified. The cryptocurrency jumped as much as 4.3% to its highest level...
  11. Hanno Labuschagne

    Bitcoin prices rallies to $42,000

    Bitcoin price rallies to $42,000 Bitcoin shrugged off a slide in global markets during a rally to a more than 19-month high, a sign of its decoupling from other assets. The token jumped 5.8% to scale $42,000 (R790,000) on Monday and was just below that level in morning Asian trading on...
  12. Hanno Labuschagne

    Bitcoin price surges over $40,000 for first time in year and a half

    Bitcoin price surges over $40,000 for first time in year and a half Bitcoin topped $40,000 (R746,180) as the largest digital asset extended a 2023 rebound on expectations of interest-rate reductions and greater demand from the exchange-traded funds sector. The token added as much as 2.9% to...
  13. Hanno Labuschagne

    Bitcoin price hovering around 18-month high

    Bitcoin price hovering around 18-month high Bitcoin climbed back above $38,000 (R705,865) on Tuesday amid optimism the US central bank may be closer to lowering borrowing costs if inflation continues to decline. The largest cryptocurrency by market value gained as much as 3.3% to $38,264...
  14. Hanno Labuschagne

    Bitcoin rally drives new crypto meme frenzy

    Bitcoin rally drives new crypto meme frenzy If there’s one thing that crypto enthusiasts love more than the digital assets themselves, it’s memes. A frenzy of crypto-based memes have gained fresh momentum last week as Bitcoin rallied. [Bloomberg]
  15. Hanno Labuschagne

    Bitcoin resurgence in 2023

    Bitcoin resurgence in 2023 Bitcoin has now more doubled in value this year in a surprising resurgence from a tumultuous 2022 that had some skeptics predicting the demise of digital assets. The largest cryptocurrency by market value rallied for a third day, pushing the price back to around...
  16. Hanno Labuschagne

    Bitcoin hits $35,000 for first time since May 2022

    Bitcoin hits $35,000 for first time since May 2022 Bitcoin extended a rally fueled by expectations of fresh demand from exchange-traded funds (ETFs), reaching the highest price since May last year. The largest digital asset rose as much as 11.5% to top $35,000 (R661,932) and was trading at...
  17. Hanno Labuschagne

    Bitcoin price surges after false report about ETF approval

    Bitcoin price surges after false report about ETF approval A brief 10% surge in Bitcoin on Monday gave traders a glimpse into the possible impact of a looming US Securities & Exchange Commission decision on whether to allow exchange-traded funds investing directly in the token. An erroneous...
Back
Top
Sign up to the MyBroadband newsletter
X