Theta Network

Terra Classic

SATS

Change

TOP 5 Gainers Coins
<table class="table border text-center table-bordered data-table"> 
 <thead> 
 <tr> 
 <th class="border-0">Indices</th> 
 <th class="border-0">LTP</th> 
 <th class="border-0">Change (%)</th> 
 </tr> 
 </thead> 
 <tbody> 
 <tr> 
 <td>Celestia</td> 
 <td class="text-black">$15.46</td> 
 <td class="text-success">19.77%</td> 
 </tr> 
 <tr> 
 <td>Osmosis</td>
 <td class="text-black">$1.75</td> 
 <td class="text-success">14.58%</td> 
 </tr> 
 <tr> 
 <td>Aptos</td> 
 <td class="text-black">$10.51</td>
 <td class="text-success">14.39%</td> 
 </tr> 
 <tr> 
 <td>Aakash Network</td> 
 <td class="text-black">$2.82</td> 
 <td class="text-success">10.89%</td> 
 </tr> 
 <tr> 
 <td>WOO Network</td> 
 <td class="text-black">$0.4248</td> 
 <td class="text-success">10.55%</td> 
 </tr> 
 </tbody>
</table>
<h3 id="span-style-color-inherit-font-weight-bolder-text-transform-uppercase-crypto-news-key-highlights-span">Crypto News Key Highlights:</h3>
<ul>
 <li> Within the last 24 hours, <a href="https://www.coingabbar.com/en/price-analysis/after-the-storm-will-bitcoin-find-calm-amidst-panic-selling-chaos" title="Bitcoin rebounded to $44,000" class="f-link">Bitcoin rebounded to $44,000</a>, spurred by the SEC's recent comments to issuers, hinting at potential approval for a Bitcoin spot ETF. This resurgence nullified Wednesday's crash, restoring market optimism. Currently consolidating at $43,500, Bitcoin's price direction awaits the forthcoming SEC decision, adding an element of uncertainty to its trajectory. </li> <li> CBOE Digital's President, John Palmer, is hopeful that SEC approval for the first US Bitcoin spot ETF will draw institutional interest, especially from pension and RIA-based funds. This financial tool could facilitate broader Bitcoin investment, allowing indirect exposure to its price movements. Palmer envisions an expansion of Bitcoin derivatives and increased hedging among institutions upon approval. Financial giants like BlackRock, VanEck, Valkyrie Investments, and Fidelity await the SEC's decision by January 10th. </li> <li> Valkyrie and ARK 21Shares join the race for a U.S. spot Bitcoin ETF, filing 8-A registrations with the SEC on Jan. 4, competing with Grayscale, VanEck, and Fidelity. The filings hint at imminent approvals, sparking bullish sentiment amid industry hopes for a Jan. 8-10 rollout. SEC meetings with exchanges fuel optimism for early approvals. </li> <li> Amid the spotlight on spot Bitcoin ETF approval, Bitcoin Halving awaits in 2024, expected around April 19. Historical trends show a steady upward trajectory in BTC price post-Halving, with the potential for a new all-time high. The pattern aligns with a bullish run in 2025, supported by institutional interest through Bitcoin ETFs. Standard Chartered's $100K BTC price prediction for end 2024 appears plausible. </li> <li> Voices suggest the SEC might notify spot Bitcoin ETF approval by January 5, 2024, with anticipation of trading beginning days after approval, potentially in February or March. Market sentiment favors an extended bullish wave, aligning with the impending Bitcoin Halving in Q2 2024. The SEC's decision on ARK 21Shares <a href="https://www.coingabbar.com/en/crypto-currency-news/crypto-update-jan-btc-prices-soar-as-etf-approval-beckons" title="Bitcoin ETF is expected by January 10" class="f-link">Bitcoin ETF is expected by January 10</a>. </li> <li> South Korea plans to limit residents from purchasing cryptocurrency on overseas platforms to curb illegal funds and speculation. The Financial Services Commission is soliciting public feedback until Feb 13 regarding proposed restrictions on crypto trading. Renowned for stringent <a href="https://www.coingabbar.com/en/crypto-currency-news/south-korea-plans-restrictions-on-global-crypto-trading" title="crypto regulations" class="f-link">crypto regulations</a>, South Korea explores new amendments in 2024 to thwart illicit activities. </li>
</ul>
Also read - 2<a href="https://www.coingabbar.com/en/crypto-currency-news/crypto-update-jan-btc-prices-soar-as-etf-approval-beckons" title="Bitcoin ETF is expected by January 10" class="f-link">4 Crypto Update, 04 Jan: BTC Prices Soar as ETF Approval Beckons</a>

Crypto Daily Roundup 05 Jan: Markets Take a Breath, Eyes on Recovery

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