Bitcoin ETF may be a ‘limited’ benefit for Coinbase stock: Barclays

Mike Novogratz expects SEC to approve a Spot Bitcoin ETF this year. Barclays analyst does not expect that to be a huge benefit for Coinbase. Coinbase stock is currently down over 30% versus its year-to-date high. Mike Novogratz – the Chief Executive of Galaxy Investment Partners expects the Securities & Exchange Commission to approve a […]

Bitcoin (BTC/USD) is still on a limited upside

Bitcoin lost 1% on Monday ahead of the US inflation data. A crypto analyst expects the inflation data and Fed’s meeting to affect Bitcoin. Bitcoin lacks a directional bias and could move in any direction. Bitcoin (BTC/USD) traded down more than 1% on Monday, with the cryptocurrency’s price slightly below $17,000. Bitcoin has traded at […]