Bitcoin

Bitcoin ETF Approval: Unveiling the Potential Transformative Effects on Markets

Accompany Cointelegraph host and analyst Benton Yaun together with the local market experts Jordan Finneseth and Marcel Pechman during the “market report” – now live! Here’s what to expect in this week’s market news breakdown: Bitcoin

  • $ 820 million worth of Bitcoin (BTC) options expire on Friday. The cops are ready to celebrate as they target the course above $ 58,000.
  • Billionaires prefer Bitcoin to gold as governments in the west are printing more and more money. What does this mean for the cryptocurrency market?
  • Could we soon be paying with crypto in more stores and online marketplaces using Google Pay?

After the weekly news closes, Mati Greenspan, Founder and CEO of Quantum Economics, will speak on how more institutions are getting into Bitcoin, the approval of Bitcoin Exchange Traded Funds (ETF), regulations and how cryptocurrencies can help reduce wealth inequality.

Using insights from Cointelegraph Markets Pro, a platform for crypto traders looking to stay ahead of the market, Cointelegraph experts identified two altcoins that stood out this week: TOMO from TomoChain and STX from Stacks.

Finneseth next discusses what will happen to the altcoin market once the bitcoin ETF is approved. Are people moving away from altcoins and towards bitcoin in hopes of a price hike?

Do you have questions about coins or topics that are not covered here? Do not worry! Join the YouTube chat room and write your question there. Cointelegraph experts will do their best to ensure you get the answers you are looking for.

“Market Report” goes live every Thursday at 4:00 PM UTC, so be sure to visit Cointelegraph’s YouTube page and hit the “Like” and “Subscribe” buttons for all future videos and updates.

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Annie

Championing positive change through finance, I've dedicated over eight years to sustainability and environmental journalism. My passion lies in uncovering companies that make a real difference in the world and guiding investors towards them. My expertise lies in navigating the world of sustainable investing, analyzing ESG (Environmental, Social, and Governance) criteria, and exploring the exciting field of impact investing. "Invest in a better future," I often say. That's the driving force behind my work at Coincu – to empower readers with knowledge and insights to make investment decisions that create a positive impact.

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3 years ago

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