Galaxy

Bitcoin

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/is-bitcoin-signaling-a-buy-opportunity/" data-wpel-link="internal">Is Bitcoin Signaling a Buy Opportunity?</a><br></p>
<p style="text-align: justify"><a href="https://en.coin-turk.com/bitcoin-holding-becomes-profitable-for-80-of-investors/" data-wpel-link="internal">Bitcoin</a>, the largest cryptocurrency by market value, is currently at the brink of $43,400. It has started to rise again as signals that could trigger FOMO (fear of missing out) are becoming more frequent. The latest signal came recently, and the position of the person sharing it indicates that this is not without reason.</p> 
<h2 style="text-align: justify" id="a-signal-to-buy-bitcoin">A Signal to Buy Bitcoin?</h2> 
<p style="text-align: justify">Recently, Galaxy Digital CEO Michael Novogratz posted a New Year’s celebration message. It was admittedly a bit late, but the words he used and the image shared suggest that ETF approval is now just a matter of time. Several potential ETF issuers have started Bitcoin advertising campaigns in recent days. Reuters reported last week that the <a href="https://en.coin-turk.com/edx-crypto-exchange-shifts-custodian-amidst-new-developments/" data-wpel-link="internal">SEC</a> could give the green light to issuers within the next 48 hours.</p> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-296853 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/01/Spot-Bitcoin-ETF-Sinyali.png" alt="" width="663" height="810"></p> 
<p style="text-align: justify">Mike wrote the following in his post:</p> 
<blockquote> 
 <p style="text-align: justify">“Happy New Year! Big Things Are Coming”.</p> 
</blockquote> 
<p style="text-align: justify">These “big things” refer to ETF approvals, and the implication is that multiple approvals could be on the way. ETF issuers had over 30 meetings with the SEC in December, indicating they likely know much more than the average investor. Additionally, the post showed Invesco alongside Galaxy, hinting at the ETF application the duo has submitted.</p> 
<p style="text-align: justify">AP agreements have entered ETF filings before the end of the year; now, it’s just a matter of the SEC giving its official approval. Bitcoin’s price could rise in the coming hours influenced by similar shares.</p> 
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on COINTURK NEWS: </span> <a href="https://en.coin-turk.com/is-bitcoin-signaling-a-buy-opportunity/" data-wpel-link="internal">Is Bitcoin Signaling a Buy Opportunity?</a></h5>

Is Bitcoin Signaling a Buy Opportunity?

Table of Contents

COINTURK NEWS

Other articles published on Jan 1, 2024

Analis Popular Melihat Potensi Reli pada Harga XRP dalam Hitungan Minggu

Harvard Scholars Choose the Word of 2023 – A Multidisciplinary Analysis

Countdown to Bitcoin Halving: Mining Companies Prepare for 2024 Event

BONK Price Prediction for 2024: Poised to Surge to $0.00001857

Cosmos (ATOM) Price Prediction and Analysis

Guide for Buying Tesla on eToro and Exploring Its Prospects

Join our free newsletter for daily crypto updates!