Bitcoin sees profit booking after over 30% rally since Trump’s US election win
Bitcoinβs impressive rally, which saw a surge of nearly 30% following President-elect Donald Trumpβs election victory, has paused as traders engage in profit booking. The cryptocurrency reached a record high of $89,906 on Tuesday but was trading 1.5% lower at $87,310 as of 10:28 AM IST. “This marks the first downturn since Trump’s recent victory,…
READ MORE
SEC approves BlackRock’s spot bitcoin ETF options listing
The U.S. Securities and Exchange Commission has approved listing and trading of options for asset manager BlackRock’s spot bitcoin exchange-traded fund on the Nasdaq. Options trading for BlackRock’s fund iShares Bitcoin Trust has been approved with ticker symbol “IBIT”, the regulator said in a notice on Friday. The index options – listed derivatives offering a…
READ MORE