Notoriously volatile, Bitcoin has more than doubled in value this year and shot up again after news emerged that the BlackRock Inc exchange-traded fund (ETF) for Bitcoin appeared on a list controlled by the Depository Trust and Clearing Corp (DTCC), a Nasdaq-operated clearing house for stocks and ETFs, said Mana Khanijou, head of commercial and investment consulting at Merkle and Elkrem Capital. Improved prospects for purchasing Bitcoin funds trading on stock exchanges rather than on less-regulated cryptocurrency platforms briefly pushed the price of Bitcoin above US$35,000 on Tuesday for the first time since May 2022. Is this the right time to buy crypto ?

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