Bitwise Tops Bitcoin ETF Low-Fee Table, While Grayscale Bets on Size
8.1.2024
Just one potential spot bitcoin ETF issuer has set a management fee above 1%, and many of the others are asking for less than 0.5%
10 Spot Bitcoin ETF Applicants Submit Final Amendments With SEC
8.1.2024
Ten spot bitcoin exchange-traded fund (ETF) applicants have filed their final amended registration statements with the U.S. Securities and Exchange Commission (SEC). The amended filings reveal a fierce fee war among spot bitcoin ETF issuers. Grayscale charges the highest fee of 1.5% while Bitwise...
With Bitcoin ETF Decision Looming, SEC Chair Gensler Says (Again) That Crypto Is Dangerous
8.1.2024
The entire crypto world and much of the U.S. financial sector is anxiously awaiting word from the U.S. Securities and Exchange Commission (SEC) on whether it will approve a spot bitcoin exchange-traded fund (ETF). SEC Chair Gary Gensler has chosen this moment to issue a broad warning about...
Crypto Exchange Upbit Gets Full Licensing in Singapore
8.1.2024
Upbit said it is "poised to expand [its] range of offerings," having acquired a MPI license
Solana Memecoins Continue Freefall of Over 70% After December Boom
8.1.2024
Source: Pixabay Meme coins on the Solana blockchain have continued their rapid drop after a surge in December. The Solana blockchain previously drew attention in December after bonk tokens experienced a rally of over 1000%. SOL, Solana’s native token, even exceeded the market capitalization...
VanEck’s Gurbacs: Whole Assets More Appealing to Investors than Bitcoin Fractions
8.1.2024
Source: Adobe / A.AKS Gabor Gurbacs, an adviser at asset manager VanEck, has highlighted the psychological hurdle of unit bias among potential Bitcoin (BTC) investors, saying the desire to own complete units can deter people from entering the market. In a recent post on X, the VanEck advisor...
Bitcoin Price Crosses Above $45,000 as Final Spot ETF Submission Deadline Ends
8.1.2024
Source: Pixabay The price of Bitcoin continues to rise as the deadline for companies to file S-1 forms for Bitcoin spot ETFs passed this morning. The SEC’s submission deadline of 8am has passed, and all issuers – Hashdex aside – have submitted updated S-1’s, with the exception of Grayscale,...
L2 Crypto Token Stacks Leads With 29% Gain in Varied Week for Cryptocurrencies
8.1.2024
This week witnessed a 5% uptick in bitcoin’s value, while ethereum experienced a 1.6% dip over the same period. Leading the charge among the top 100 cryptocurrencies, stacks (STX) soared 29.2%, with osmosis (OSMOS) closely trailing with a 17% increase against the U.S. dollar. Mixed Week...
Bloomberg Analysts Predict Over 90% Chance of US Approval for Bitcoin ETF, Polymarket Trims Odds to 83%
8.1.2024
Source: iStock/pichet_w Bloomberg analysts are increasingly optimistic about the approval of a spot Bitcoin (BTC) exchange-traded fund (ETF) in the United States, with the odds now exceeding 90%. In a recent post, Bloomberg ETF analyst Eric Balchunas commented on the likelihood of the Securities...
Cryptocurrency Institutional Funds Record $151 Million Inflows in First Week of 2024
8.1.2024
Source: Adobe / Luisa Digital assets investment funds recorded $151 million in inflows in the first week of 2024 as institutional investors drive adoption following anticipation of a spot Bitcoin (BTC) ETF approval by the Securities and Exchange Commission (SEC). A new CoinShares Digital Asset Fund...
In Bitcoin ETF Battle, Grayscale Is Bringing 'A Gun to a Knife Fight'
8.1.2024
The Grayscale Bitcoin Trust's (GBTC) $27 billion of bitcoin and $350 million of daily volume gives Grayscale an advantage versus BlackRock and other wannabe rivals, according to Bloomberg's Eric Balchunas
The Key to Building Sustainable DePIN
8.1.2024
Decentralized Physical Infrastructure Networks (DePIN) are powerful uses of blockchain technology. But success depends on tokenomics built for the long-term, says the co-founder of Hivemapper