Japan's Top Finance Regulator Turns Cautious On Bitcoin ETF Approvals

Japan's Top Finance Regulator Turns Cautious On Bitcoin ETF Approvals   coingape.com 07 August 2024 18:20, UTC Japan’s top finance regulator expressed skepticism about following the lead of countries like the United States, Hong Kong, and the United Kingdom in green-lighting Bitcoin ETFs. This signals Japan’s cautious approach to balancing financial innovation with investor protection….

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BTC Bull Market Far from Over: Experts Predict $220K Within a Year

BTC Bull Market Far from Over: Experts Predict $220K Within a Year   cryptonewsland.com 07 August 2024 16:10, UTC Dr Profit Crypto predicts Bitcoin reaching $180,000-$220,000 within a year, based on market trends and historical data. The recent halving event and historical patterns suggest a significant bull run, supporting higher Bitcoin prices. On-chain data and…

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Negative Bitcoin funding rates could be bullish: analyst

Negative Bitcoin funding rates could be bullish: analyst   crypto.news 07 August 2024 16:12, UTC The Aug. 5 market plunge reversed Bitcoin’s funding rate for margin positions, potentially setting the stage for a bullish fourth quarter. Pseudonymous CryptoQuant analyst ShayanBTC said that Bitcoin’s (BTC) early-August decline may benefit the digital asset before this year ends….

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Bitcoin's Impending 'Death Cross' May Trap Bears as Bank of Japan Eases Rate Concerns

Bitcoin's Impending 'Death Cross' May Trap Bears as Bank of Japan Eases Rate Concerns   coindesk.com 07 August 2024 09:06, UTC BOJ’s Uchida downplayed rate hike concerns amid market volatility. The anti-risk yen slides while BTC and stock futures rise after Uchida’s comments. The renewed risk-on hints at a possible bitcoin death cross bear trap….

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