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Deutsche Börse’s Post-Trade Business Clearstream to Invest in FinTech Startup Digital Vault Services
17.4.2024
Clearstream, Deutsche Börse’s post-trade business is investing an undisclosed amount in the fintech start-up Digital Vault Services (DVS).
The post Deutsche Börse’s Post-Trade Business Clearstream to Invest in FinTech Startup Digital Vault Services appeared first on Cryptonews
GBTC Continues to Lead Outflows as Bitcoin Spot ETFs See Net Outflow of $58M
17.4.2024
Grayscale GBTC experienced a net outflow of $79.38 million from Bitcoin spot ETFs, contributing to its historical net outflow of $16.46 billion, while BlackRock ETF IBIT saw a net inflow of approximately $25.78 million.
The post GBTC Continues to Lead Outflows as Bitcoin Spot ETFs See Net Outflow...
Israel’s Central Bank to Roll Out Sandbox for CBDC Experiments
17.4.2024
The Bank of Israel is launching a sandbox environment for testing CBDC said in a statement use cases, in an effort to refine the design of the digital shekel and ensure its capacity to facilitate advanced applications.
The post Israel’s Central Bank to Roll Out Sandbox for CBDC Experiments...
South Korean Central Bank to ‘Speed up’ CBDC Project
17.4.2024
The South Korean Central Bank is set to “speed up” its CBDC project, and will pilot its digital KRW with a group of 100,000 citizens later this year.
The post South Korean Central Bank to ‘Speed up’ CBDC Project appeared first on Cryptonews
Bitcoin Supply On Exchanges Has Almost Depleted, Says Bybit
17.4.2024
Between ETF inflows and the upcoming halving, Bybit says exchanges may soon run out of Bitcoin to sell.
The post Bitcoin Supply On Exchanges Has Almost Depleted, Says Bybit appeared first on Cryptonews
Spot Bitcoin ETF Hype Dies Down, Normalcy Sets In
16.4.2024
The initial euphoria for the spot bitcoin ETFs has seemingly dampened and reality is slowly kicking in with inflows recently unable to keep up with the still speedy pace of exits from Grayscale's Bitcoin Trust (GBTC)
Monday’s Market Action Sees $36.7 Million Outflow From US Spot Bitcoin ETFs
16.4.2024
On Monday, U.S. spot bitcoin exchange-traded funds (ETFs) experienced another round of outflows, shedding $36.7 million since the outflows on Friday. Additionally, after the close of Monday’s market, Grayscale’s Bitcoin Trust (GBTC) offloaded 2,524.1 bitcoins valued at $159.25...
Is the Bitcoin Rally Over? Reasons to Stay Bullish on BTC Despite Correction
16.4.2024
Bitcoin has pulled back more than 15% since hitting an all-time high one month ago, with some major altcoins nosediving 40%-50%, but "few understand how normal corrections like these are in bull markets," one observer noted
10x Research Founder Who Predicted Bitcoin’s Pre-Halving All-Time High Turns Bearish
16.4.2024
10x Research Founder Markus Thielen who predicted Bitcoin’s recent pre-halving rally to all-time highs has turned bearish on risk assets such as technology stocks and cryptocurrencies.
The post 10x Research Founder Who Predicted Bitcoin’s Pre-Halving All-Time High Turns Bearish appeared first...
Filecoin begins to outperform Google Cloud and AWS in digital storage
16.4.2024
The digital storage industry has been dominated by Google Cloud and Amazon Web Services (AWS). That dominance is now being challenged by players who want to thrive on democratizing and decentralizing their infrastructure. This includes Filecoin, which has been able to navigate its way around...
Analyst estimates a lower ETF attraction in the Hong Kong market
16.4.2024
One distinction between the US and Hong Kong is that the latter has begun housing Ether ETF. It has yet to move forward with Spot Bitcoin ETF, something that industry leaders have mastered in three months. The analyst believes that Hong Kong does paint a brighter picture with a wider scope when...
Tether Partners with Fuze to Promote Digital Asset Awareness in Turkey and the Middle East
16.4.2024
Tether has partnered with digital assets infrastructure provider Fuze to enhance education and awareness surrounding digital assets in Turkey and the Middle East.
The post Tether Partners with Fuze to Promote Digital Asset Awareness in Turkey and the Middle East appeared first on Cryptonews
Bitcoin ETFs Are Driving a Spot Multiplier Effect, Canaccord Says
16.4.2024
Bitcoin Price Prediction: BTC Drops to $62,900 as Market Eyes Upcoming Halving and ETF Approval
16.4.2024
Amid Middle East tensions and ETF excitement, Bitcoin hovers at $62,900, setting the stage for a critical halving event.
The post Bitcoin Price Prediction: BTC Drops to $62,900 as Market Eyes Upcoming Halving and ETF Approval appeared first on Cryptonews
BlackRock’s Bitcoin ETF Sees $73M in Inflows as Other Funds Remain Stagnant
16.4.2024
BlackRock's Bitcoin ETF stands out as the sole spot Bitcoin fund in the United States to experience inflows on Monday, while other ETFs reported either zero inflows or even outflows.
The post BlackRock’s Bitcoin ETF Sees $73M in Inflows as Other Funds Remain Stagnant appeared first...
Bank of Russia Supports Cryptocurrency Usage for International Settlements
16.4.2024
The Bank of Russia has announced that it will support accelerating the adoption of cryptocurrency payments for international settlements. According to Elvira Nabiullina, governor of the Bank of Russia, these crypto-based payments must be launched in a sandbox-style experimental regime. In contrast...
Analyst Predicts $650K Bitcoin Price Once ETF Investors Fully Deploy Asset Manager Recommendations
16.4.2024
Popular onchain analyst Willy Woo has predicted a potential bitcoin price surge to $650,000 at the bull market’s peak. His prediction hinges on spot bitcoin exchange-traded fund (ETF) investors fully deploying their assets based on recommendations from asset managers. “These are very...
There Are Many Bitcoin Critics Left in Finance, Despite BlackRock's Newfound Love
15.4.2024
At a recent gathering of investors in Miami, skepticism remained high even after finance titan BlackRock's shift toward touting the original cryptocurrency
Hong Kong Boards the ETF Express
15.4.2024
The jurisdiction is the latest to approve exchange-traded funds for bitcoin, giving a boost to BTC
ETF Analyst Offers Sober Outlook on Newly Approved Hong Kong Bitcoin ETFs; Challenges $25B Inflow Estimate
15.4.2024
Following Hong Kong’s authorization of the region’s first spot bitcoin and ethereum exchange-traded funds (ETFs), Bloomberg’s senior ETF analyst Eric Balchunas shared his insights on social media about the new additions. Although there were anticipations of notable capital...