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Bitcoin touches key $50,000 level for first time in two years

Bitcoin touches key $50,000 level for first time in two years
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Korean investors upbeat following US approval of bitcoin ETFs

Retail investors in Korea appear to be optimistic about achieving higher profits after a landmark decision by the U.S. securities regulator on bitcoin exchange traded funds (ETFs), Wednesday (local time), which resulted in lowering the barrier between the traditional finance and digital asset industries. ....

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Bitcoin tumbles on unofficial reports of SEC approval

The price of Bitcoin experienced a tumultuous ride on Wednesday, fueled by misinformation surrounding the approval of the cryptocurrency s spot exchange-traded fund (ETF) by U.S. authorities. This uncertainty had a cascading effect on most of Korea s assets associated with the virtual currency, causing a dip in their values with notable downward intraday movements. ....

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