{"id":1953455,"date":"2023-06-21T18:57:05","date_gmt":"2023-06-21T22:57:05","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/bitcoin-eyes-third-straight-day-of-gains-after-touching-two-month-high\/"},"modified":"2023-06-21T18:58:46","modified_gmt":"2023-06-21T22:58:46","slug":"bitcoin-eyes-third-straight-day-of-gains-after-touching-two-month-high","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/bitcoin-eyes-third-straight-day-of-gains-after-touching-two-month-high\/","title":{"rendered":"Bitcoin poised for third consecutive day of gains following two-month high."},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">22<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fbitcoin-eyes-third-straight-day-of-gains-after-touching-two-month-high%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1953455&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><div class=\"entry-content\">\n<p><strong>Bitcoin Rallies as BlackRock Plans Bitcoin ETF<\/strong><\/p>\n<blockquote>\n<h2>Bitcoin continues to surge<\/h2>\n<p>Bitcoin rallied for a third straight day after hitting its highest level since mid-April, boosted by BlackRock&#8217;s plan to create a <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/us-fdic-seeking-bids-for-silicon-valley-banks-german-assets-financial-times\/\" title=\"US FDIC seeks bids for Silicon Valley Bank's German assets - FT\">bitcoin exchange-traded fund<\/a> (ETF) even as the sector faces U.S. regulatory scrutiny.<\/p>\n<\/blockquote>\n<p>BlackRock, the world&#8217;s biggest asset manager, filed last week for the exchange which would allow investors to get stakes in the asset class. The Wall Street Journal reported on Tuesday that EDX Markets, a <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/bitcoin-eyes-third-straight-day-of-gains-after-touching-two-month-high\/\" title=\"Bitcoin poised for third consecutive day of gains following two-month high.\">crypto exchange backed<\/a> by Citadel Securities, Fidelity, and Schwab had started operations.<\/p>\n<div id=\"div-gpt-ad-1663871513696-art-1\" style=\"min-width: 320px; min-height: 50px;  text-align: center;\">  \t<script>  \t\tgoogletag.cmd.push(function() { googletag.display('div-gpt-ad-1663871513696-art-1'); });  \t<\/script>  <\/div>\n<div class=\"ad-slot__ad-label\">Advertisement<\/div>\n<\/p>\n<p>The global cryptocurrency industry has been caught in the crosshairs of the U.S. securities regulator on alleged violations of securities laws. Earlier this month, the U.S. Securities and Exchange Commission (SEC) sued major crypto exchanges including Coinbase and Binance.<\/p>\n<p><strong>Bitcoin&#8217;s Rise and Potential<\/strong><\/p>\n<p>Bitcoin, the world&#8217;s biggest and best-known cryptocurrency, was last up 5.5% on Wednesday at 29,881.00 after hitting a high of $30,755.00. It is up roughly 81% for the year-to-date.<\/p>\n<p>&#8220;It started with BlackRock&#8217;s Bitcoin ETF filing and now others are following,&#8221; said Edward Moya, a <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/economists-warn-stagflation-is-back\/\" title=\"Economists Warn \u2018Stagflation\u2019 Is Back\">senior market analyst<\/a> at OANDA. &#8220;Who needs regulatory clarity if you see BlackRock making a move?&#8221;<\/p>\n<p>But he cautioned that while &#8220;Bitcoin momentum may last a little longer&#8221; the sector needs to &#8220;hear good news from the SEC to see a sustained rally target in the mid-$30,000 region.&#8221;<\/p>\n<p>Ether, the coin linked to the <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/bitcoin-dips-below-20000-on-saturday\/\" title=\"Bitcoin Dips Below ,000 on Saturday\">ethereum blockchain network<\/a>, rose 4.8% to $1,877.70.<\/p>\n<\/p>\n<p>(Reporting by Juby Babu in Bengaluru, Megan Davies and Sin\u00e9ad Carew in New York; Additional reporting by Hannah Lang; Editing by Chris Reese and Richard Chang)<\/p>\n<p><a href=\"https:\/\/www.oann.com\/uncategorized\/bitcoin-eyes-third-straight\/attachment\/file-photo-illustration-shows-representation-of-cryptocurrency-bitcoin-plunge-into-5\/\"><\/a><\/p>\n<\/div>\n<div class=\"entry-content\">\n<p>Parents at Glendale Unified School District demand transparency from school officials over what is being taught to their children.<\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>Lily Tang Williams, a Chinese-American who survived Mao&#8217;s cultural revolution in China, describes the chilling similarities between Mao&#8217;s Communist tactics and America&#8217;s woke revolution.<\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>The House is once again preparing to vote on whether to censure Representative Adam Schiff. Representative Anna Paulina Luna has been leading the charge, claiming that Schiff abused the trust of his constituents by spreading alleged falsehoods about Trump-Russia collusion. <\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>Arizona Congressman Andy Biggs talks about the common thread between the indictment of President Trump and the Russian collusion narrative known as Crossfire Hurricane. <\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>(Reuters) \u2013 Bitcoin rallied for a third straight day after hitting its highest level since mid-April, boosted by BlackRock&#8217;s plan to create\u2026 <\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>By Byron Kaye SYDNEY (Reuters) \u2013 An Australian cyber regulator on Thursday said it has demanded Twitter explain its handling of online\u2026 <\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>(Reuters) -Intelsat SA has ended negotiations to combine with SES SA as it was not able to reach an agreement with the\u2026 <\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>By Sheila Dang (Reuters) -Twitter has resumed paying Alphabet&#8217;s Google Cloud for its services, according to a person familiar with the matter.\u2026 <\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin surged for a third consecutive day, reaching its highest point since mid-April. The rally was fueled by BlackRock&#8217;s intention to establish a bitcoin exchange-traded fund (ETF), despite ongoing regulatory scrutiny in the United States. The world&#8217;s largest asset manager filed for the exchange, enabling investors to acquire shares.<\/p>\n","protected":false},"author":66,"featured_media":1953456,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[4254,7508,7660,9816,4596,8748,29334],"class_list":["post-1953455","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","tag-bitcoin","tag-consecutive","tag-day","tag-gains","tag-high","tag-poised","tag-two-month"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1953455","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/66"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1953455"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1953455\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1953456"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1953455"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1953455"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1953455"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}