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Nalezeno "bitcoin news": 10979

Bitcoin’s red alert: Price dips below $63K, risks further decline


Bitcoin has recently demonstrated an ability to bounce off the dip to the $64,000 support level, breaking the $64,500 resistance level. Nevertheless, the cryptocurrency encounters an obstacle at the $65,500 resistance level, reaching $65,300 and then falling again. The shrinkage caused Bitcoin...

Fidelity’s spot bitcoin ETFs witnessed high outflows for once


As per SoSoValue data, for once, the spot bitcoin exchange-traded fund of Fidelity witnessed day-to-day net inflows reaching $22.61 million following its January registration.  More US bitcoin funds entered the scene, announcing daily withdrawals totaling $27.58 million. The converted ETF from...

SEC Initiates Consultations on Rule Change for Bitcoin Trading Options


The SEC has initiated a new phase of discussions regarding a proposed rule alteration for the trading of options on Bitcoin exchange-traded funds (ETFs) while also inviting public input on the matter. The post SEC Initiates Consultations on Rule Change for Bitcoin Trading Options appeared first...

Runes account for 68% of Bitcoin transactions since launch


In a revelation that has sent shockwaves through the cryptocurrency community, Runes, a revolutionary protocol introduced to the Bitcoin network, has emerged as the driving force behind a staggering 68% of all Bitcoin transactions since its launch. This unprecedented adoption rate underscores...

US spot Bitcoin ETFs’ $120M daily net outflow doesn’t scare investors


The BlackRock iShares Bitcoin Trust (IBIT) experienced something new: no inflow was coming in. Since­ the start of January, IBIT has had millions of investors daily.  BlackRock received almost $15.5 billion through IBIT in just 71 days. But on April 24, the 71-day stre­ak ended as IBIT saw $0...

The sign ‘Buy Bitcoin’ which included Janet Yellen, sold for $1 million


A page of a notepad with Buy Bitcoin written on it hung behind Janet Yellen, who was then the United States Federal Reserve Chair, was sold for more than $1 million, equivalent to 16 Bitcoin.  Justin, who turned out to be the highest bidder, goes by another moniker, Squirrekkwrath. The Bitcoin...

Morgan Stanley may permit 15K brokers to suggest spot bitcoin buying


According to a statement released by AdvisorHub, Morgan Stanley could permit 15,000 brokers to suggest buying spot bitcoin exchange-traded funds.  The company is supposedly laying the ground for the suggested buying and the need related to risk factors and bindings on distribution and trading...

Runes Make Up 68% of All Bitcoin Transactions Since the Halving


Runes have contributed to up to 68% of Bitcoin transactions since the halving, however, the fees earned by Bitcoin miners have started to dwindle. The post Runes Make Up 68% of All Bitcoin Transactions Since the Halving appeared first on Cryptonews

Bitcoin Inflation Rate At An All-Time Low


Bitcoin's inflation rate has reached a new milestone, recording an all-time low of approximately 1.74%, just days after the latest Bitcoin halving.  The post Bitcoin Inflation Rate At An All-Time Low appeared first on Cryptonews

Hong Kong Bitcoin ETFs Could Lead To Potential Fee War: Bloomberg Analyst


Recently approved by Hong Kong SFC, three different spot Bitcoin ETFs to start trading on April 30 have officially revealed their fees that might lead to potential fee war. The post Hong Kong Bitcoin ETFs Could Lead To Potential Fee War: Bloomberg Analyst appeared first on Cryptonews

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