Is this the start of the next bull run?
On this week’s episode of The Market Report, Cointelegraph’s resident expert discusses whether Bitcoin touching $31,000 is a sign that the next bull run is right around the corner. In the latest episode of The Market Report , Cointelegraph analyst and writer Marcel Pechman discusses the latest change to the BlackRock spot Bitcoin exchange-traded fund (ETF) filing, which adds Coinbase as a “surveillance-sharing partner.“ Some analysts have signaled that the filings by BlackRock, Fidelity and others are responsible for the recent Bitcoin (BTC) rally toward $31,000, but according to Pechman, they’re only partially correct because it doesn’t indicate the United States Securities and Exchange Commission (SEC) will accept any of the ETF filings. Pechman argues that in the case of a refusal by the SEC, a court decision may be needed. The SEC could be required to explain the rule for existing spot ETF markets, such as gold and oil, with the judge deciding if the same methodology has been appl...