etfapproval

#Launchpool Prominent Bitcoiner Keiser has spotted whom he believes to be major 'culprit' in preventing Bitcoin from reaching $50,000 by now
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Vocal Bitcoin proponent and host of the Orange Pill #Podcasts Max Keiser has taken to the X/Twitter social media platform to share with the cryptocurrency #community the name of the person whom he believes has prevented Bitcoin from soaring to the $50,000 level despite the recent approval of spot Bitcoin #ETFs by the SEC.
Meanwhile, the global flagship cryptocurrency, Bitcoin, remains in the red after dropping by almost 12% since the spot Bitcoin #ETFApproval .
Person holding Bitcoin down, according to Keiser
Bitcoin maximalist Keiser believes that the likely “culprit” that has stopped the leading cryptocurrency from climbing to the much-awaited $50,000 level is none other than the chief executive of Vanguard Bank.
After the American Securities and Exchange Commission greenlit spot Bitcoin exchange-traded products last week, the Vanguard bank announced that it will prohibit its customers from purchasing cryptocurrency and products related to it, including spot Bitcoin ETFs.
This guy delayed #Bitcoin hitting $50,000 post-ETF’s by 2 weeks. pic.twitter.com/rVs3uIvAxd
— Max Keiser (@maxkeiser) January 15, 2024
In an interview that followed this decision, Vanguard boss Mortimer J. Buckley stated that the bank not only prefers not to offer its customers Bitcoin-based ETFs but also gold-based ETFs. The bank’s CEO believes that Bitcoin does not have intrinsic value, and there is no cash flow into it.
Curiously, Vanguard Group is known to be among the largest holders of MicroStrategy shares. The bank holds 1.1 million MSTR shares, according to Yahoo Finance, thus indirectly exposing its customers to Bitcoin anyway.
Bitcoin to reach $1 million, per Samson Mow
Another vocal Bitcoin maximalist, Samson Mow, former chief strategic officer at Blockstream and now chief executive at Jan3, has been publishing tweets often recently about his expectations of Bitcoin reaching the colossal $1 million milestone in the future.
Among the major triggers for Bitcoin to reach $1 million, Mow mentioned the Bitcoin ETF approval and the halvening in 2024. However, in a fresh tweet, he explained that the million prediction was made “for fun,” and his real message was that the macro environment for Bitcoin has seen many fundamental changes by now, and Bitcoin hitting $1 million is “a very real possibility.”
"You Promised $1M days after ETFs started trading!"
No one can promise that #Bitcoin does anything except produce blocks every ~10 min and a halving every 4 years.
$1M in days to weeks (note we are just 2 days and a long weekend post) after the ETFs launch is just my prediction…
— Samson Mow (@Excellion) January 16, 2024
In any case, he tweeted, before Bitcoin reaches $1 million, the $0.07 million milestone has to be reached first.

#BTC Pe măsură ce termenul limită al SEC pentru aprobarea unui ETF spot pe ether se apropie, analiștii își exprimă opinii variate asupra probabilității unui rezultat pozitiv
Conținut
Obstacolele de reglementare
Opinie divergente asupra șanselor de aprobat
Termenul limită pentru Comisia pentru Valori Mobiliare și Burse din SUA (SEC) de a aproba un fond tranzacționat pe bursă (ETF) pe ether ($ETH ) este la doar câteva luni distanță, iar #Analysts sunt împărțiți în privința șanselor ca regulatorul să acorde undă verde pentru un astfel de produs.
Experții legali Jake Chervinsky și Scott Johnsson au exprimat îndoieli cu privire la probabilitatea unui rezultat pozitiv.