Because of its decentralized nature and its trading on online exchanges located in many countries, regulation of bitcoin has been difficult. However, the use of bitcoin can be criminalized, and shutting down exchanges and the peer-to-peer economy in a given country would constitute a de facto ban. On 16 October 2021, the SEC approved the ProShares Bitcoin Strategy ETF, a cash-settled futures exchange-traded fund . The first bitcoin ETF in the United States gained 5% on its first trading day on 19 October 2021. Bitcoin is the first cryptographic currency, and thus a pioneer that has changed the market forever. 📈#MARKETUPDATE📉: As of 🕛 February 18, 2023 at 12:00PM, 1 $ETH equals 1693.99 $USD. 💸 https://t.co/KVSxaXQo9n Where do you think ETH will go?📉📈#crypto #blockchain #eth #ethereum #btc #bitcoin #usd #finance #stockmarket #investing — Clem Ziroli III (@ClemZiroli) February 18, 2023 So, when you found a Bitcoin trading platform, make sure it’s secure enough before making any operations. While several investment firms have submitted applications to the SEC for ETFs that hold cryptocurrency directly, none have been approved to trade in U.S. markets. Some NEAR available ETF products provide exposure to companies that are focused on servicing the cryptocurrency market and digital assets. Iran announced pending regulations that would require bitcoin miners in Iran to sell bitcoin to the Central Bank of Iran, and the central bank would use it for imports. Iran, as of October 2020, had issued over 1,000 bitcoin mining licenses. What happened to Silvergate Capital? And why does it matter? Instead, you should keep an eye on its adoption rates, demand, regulations and market sentiment. The BTC/USD pair matches the world’s foremost cryptocurrency, Bitcoin, with one of the most influential fiat currencies – the American dollar. The pairing represents how many dollars are needed to buy one bitcoin . In addition to the headwinds Bitcoin is facing, the world’s number two cryptocurrency by market cap, Ethereum , is facing its own problems. When you’re using the Instant Buy option, you can see how much to pay for the exact amount of crypto according to the current market […]