INSUBCONTINENT EXCLUSIVE:
In a new financial development, Bitcoin (XBT) has soared past $47,000, a peak not seen since April 2022.This surge follows the submission of
amended filings by financial giants like BlackRock Inc
Securities and Exchange Commission (SEC) on ETF applications.Bitcoin is now approaching unseen levels since the 2022 crypto sector downturn,
(Photo Internet reproduction)Amidst market fluctuations, Bartosz Lipinski, CEO of Cube.Exchange, noted a shift to a more stable trend as the
world awaits decisions on Bitcoin ETF applications.This anticipation reflects the growing mainstream interest in digital currencies.Several
prominent firms, including Fidelity, Invesco, Galaxy Digital, and WisdomTree, have submitted revised S-1 applications to the SECThe
regulatory body has until January 10 to respond, sparking speculation about a collective announcement of several decisions.SEC Chairman Gary
Gensler highlighted the risks associated with cryptocurrency investments by addressing the public on a social media platform.His cautionary
market dominance is evident, holding over half of the $1.7 trillion market capitalization in cryptocurrency.The rise also positively
impacted crypto-related companies
Coinbase Global, Marathon Digital, and Riot Platforms saw share price increases, while MicroStrategy experienced a slight decline.This
surge symbolizes a financial milestone and a pivotal moment in the broader acceptance and integration of cryptocurrencies into the global
