https://cryptovideos.net/video/speculation-on-bitcoin-etf-rejection-causes-a-stir-as-focus-shifts-to-ordinals-slateasia-2jNSLt2GP2E2026-10-06T00:19:19+00:00https://cryptovideos.net/video-thumbnails/2jNSLt2GP2E-640.webpBitcoin ETF rejection talk and rising Ordinals interestAt the start of 2024, Bitcoin faced a tumultuous period. Attention focused on the SEC's possible rejection of a Bitcoin ETF, while interest in Ordinals grew. A Matrixport article suggested a short-term BTC price level, but a later report predicted the SEC would reject the ETF. That shift contributed to market volatility. Jason Fang of Sora Ventures took a long-term investment perspective and remained bullish on Bitcoin after the price drop. He placed Ordinals in a longer history of NFT-like features on Bitcoin, including color coins. In his view, Ordinals mark a departure from Bitcoin's traditional use for trading and speculation toward a platform for innovative applications. Liam Wright raised concerns about a growing mempool and rising transaction costs tied to Ordinals' popularity. Jason acknowledged those challenges but pointed to increased network security and miner profitability as potential upsides. He also said retail investors often precede VCs in minting and acquiring new projects in Web3. Jason was optimistic that Ordinals could spark a new wave of innovation and investment in the Bitcoin ecosystem. He rejected the need for a layer-2 solution for Ordinals in the near term, arguing that Bitcoin's security and robustness offer a unique value proposition over speed and efficiency. The overall outlook described was bullish for Bitcoin and Web3, driven by the possible ETF approval and by real-world use cases emerging through Ordinals.https://www.youtube-nocookie.com/embed/2jNSLt2GP2E22402024-01-03T23:00:03+00:00https://cryptovideos.net/video/bitcoin-etfs-commence-trading-heres-whats-notable-zsVe7LTWuYs2026-10-06T00:18:53+00:00https://cryptovideos.net/video-thumbnails/zsVe7LTWuYs-640.webpSpot Bitcoin ETFs Launch: Key Facts and Market ResponseSpot BTC ETFs have commenced trading. The combined spot BTC ETFs reportedly received a seed capital of $114 million. This is described as a strong start. Trading volume across the ETFs has already reached $4 billion. The correlation between BlackRock's ETF and the actual BTC price shows a lack of strength. Retail investors managed to front-run Wall Street, according to reports. The launch is seen as a pivotal moment in the investment landscape. Experts are speculating about the potential effects on BTC's market value, with estimates of hundreds of billions flowing into BTC over the next couple of years. Analysts note a shift in market cycles. Bear cycles are shortening and bull cycles are lengthening. This brings crypto market behavior closer to traditional equity markets. The impact is compared to the gold market post-2004. The launch is described as a landmark event that ushers in a new era for crypto investments. The exact effects remain to be seen due to factors like market liquidity and investor behavior.https://www.youtube-nocookie.com/embed/zsVe7LTWuYs30282024-01-11T21:13:48+00:00