TagSEC

3 Reasons Why Investing in Bitcoin Now is a Timely Move

Bitcoin’s remarkable recovery and burgeoning signs of a new bull market present compelling reasons for considering an investment in the cryptocurrency. This article explores three persuasive factors suggesting why now is an opportune time to buy Bitcoin. The End of the Bear Market: A New Crypto Spring Recent trends and analyses indicate that the grueling Bitcoin bear market of 2022 has finally ended, ushering in a new phase of growth. Bitcoin’s recovery aligns with its roughly four-year market cycle, characterized by a significant pullback followed by a surge to new highs over the...

Valkyrie Revamps Bitcoin ETF Application: A Leap Towards Crypto Accessibility

Extended Summary: Valkyrie Investments has made significant strides in the cryptocurrency space by amending its application for a spot Bitcoin ETF with the U.S. Securities and Exchange Commission (SEC). This strategic move is aimed at providing traditional investors with a novel opportunity to invest in Bitcoin through common shares, which are slated to be traded on the Nasdaq Stock Market under the ticker symbol “BRRR.” Valkyrie joins the ranks of other prominent asset managers such as BlackRock, Fidelity, and Bitwise in revising their Bitcoin ETF applications. However, the SEC...