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Grayscale’s GBTC Sheds Over 13,700 BTC in 24 Hours Amid Rising Bitcoin ETF Competition
18.1.2024
Prior to Wednesday’s market opening, Grayscale’s exchange-traded fund, GBTC, reported holding 605,890.87 bitcoin in reserves. However, according to the company’s most recent update, there has been a significant decrease in GBTC’s holdings, with a reduction of 13,793.09...
Bitcoin Technical Analysis: BTC Balances Above $42,000 Amidst Downtrend Signals
17.1.2024
Bitcoin has been holding steady above the $42K zone and over the past hour, the leading crypto asset has changed hands for $42,425 to $42,597 on Wednesday morning around 9:30 a.m. Eastern Time. The digital currency’s market valuation on Jan. 17, 2024, is around $835 billion with $25.65...
Terra Luna Classic Price Prediction as LUNA Holds Steady Amid Market Volatility – A Sign of Strength?
16.1.2024
Terra Luna Classic (LUNC) Price Chart / Source: TradingView The Terra Luna Classic price is holding steady amid market volatility, with some bulls hoping this could be a sign of strength. Terra Luna Classic (LUNC) was last trading in the $0.000123s, roughly flat on the day. Terra Luna Classic...
Kevin O’Leary Says He’ll Never Buy Bitcoin ETF — Prefers to Hold BTC Long Term
15.1.2024
Kevin O’Leary, aka Mr. Wonderful, says he will never buy a spot bitcoin exchange-traded fund (ETF) as he is holding bitcoin for the long term as digital gold. “Why would I pay these fees?” he said, adding that spot bitcoin ETFs “add no value” and are “completely...
Unveiling Bitcoin Reserves — A Deep Dive Into Holdings of 6 New Spot Bitcoin ETFs
14.1.2024
In the initial forty-eight hours following the launch of the United States’ first spot bitcoin exchange-traded funds (ETFs), data has emerged regarding the number of bitcoins held by these funds. Currently, Blackrock stands at the forefront among all funds, Grayscale’s GBTC excluded...
BlackRock’s New Bitcoin ETF Debuts Strong, Holding Over $120 Million in BTC
12.1.2024
BlackRock’s spot Bitcoin ETF now holds 2,620 BTC worth $120 million after launching on the Nasdaq exchange. Image by Sundry Photography, Adobe Stock. BlackRock’s new spot bitcoin exchange-traded fund (ETF) is off to a powerful start, holding 2,620 bitcoins worth over $120 million after...
North Korea’s Lazarus Group Moves $1.2M Bitcoin From Coin Mixer to Holding Wallet
8.1.2024
Source: AdobeStock North Korea-sponsored hacking syndicate Lazarus Group has transferred $1.2 million worth of cryptocurrency from a mixer, marking their largest transaction in over a month. In a post on X (formerly Twitter) on January 8, blockchain analysis firm Arkham reported that the Lazarus...
Crypto Giant Coinbase to Enhance EU Presence with Key Derivatives Acquisition
6.1.2024
Source: Adobe / Rafael Henrique Coinbase has revealed plans to offer crypto-linked derivatives in the European Union (EU) market. The company has reportedly told CNBC that it has entered into an agreement to acquire an unnamed holding company, which holds a MiFID II license. MiFID II,...
SEC To Finalize Comments On Spot Bitcoin ETFs With Nasdaq, NYSE
3.1.2024
Source: DALL·E The U.S. Securities and Exchange Commission (SEC) will reportedly hold meetings with the nation’s largest stock exchanges on Wednesday, refining all details related to a suite of Bitcoin ETF applications. “The SEC is holding meetings today with the exchanges (Nasdaq, CBOE, NYSE)...
MicroStrategy’s Michael Saylor to Sell $216 Million Company Shares for Bitcoin
3.1.2024
Source: DALL·E MicroStrategy co-founder Michael Saylor has planned to sell company shares worth $216 million for personal Bitcoin investment. According to a recent filing with the U.S. Securities and Exchange Commission, Saylor will be selling 310,000 stock option awards, originally granted...
Solana Price Prediction as Google Trends Show Rising Interest – Are Investors Shifting Focus to SOL?
29.12.2023
Source: Bing Image Creator Solana (SOL) bulls are fighting back, with the token holding to the north of the key psychologically important $100 level on Friday, despite choppy and unpredictable trading conditions across the broader crypto market thanks to massive end-of-year option expiries. Despite...
China Unveils Digital Yuan Wallet Machine for Foreign Passport Holders
27.12.2023
A person’s hand holding US dollar banknotes at a banking machine. China has launched its first automated digital yuan wallet-opening machine for overseas passport holders. Per 21Jingji, the Bank of China’s Dongguan Branch has installed the machine at the Taiping branch of the Huangpu Customs Hall....
Shiba Inu Price Prediction as ‘.shib’ Internet Domains Development Continues – Adoption on the Rise?
21.12.2023
Shiba Inu (SHIB), the world’s second-largest meme coin by market capitalization and the native token of the Shiba Inu web3 ecosystem, is holding comfortably above its 21-Day Moving Average and the $0.000010 level on Thursday, though has backed off substantially from last week’s highs in...
Hong Kong Authorities Block Two Crypto Websites Suspected of Fraud
20.12.2023
Source: Pixabay The Securities and Futures Commission (SFC) of Hong Kong has issued a public warning regarding two crypto firms suspected of engaging in fraud. The watchdog has cautioned the public to be wary of “LonShiX” and “Bitbank (Global) Financial Holding Group,” both...
Market Update: Ethereum and Solana Excel; Rabel Satoshi Sees Surging Interest
16.12.2023
TLDR Ethereum surges 12% as investors flock to the market due to whale activity. Solana gains 19% in a week, but experts believe a downward correction is due soon. Investors focus on Rebel Satoshi to get the promised presale returns. The crypto market is holding a green candle after starting...
Arbitrum Price Prediction as Network Hit By Partial Outage Amid Traffic Surge – Where Next for ARB?
15.12.2023
ARB, the governance token for the Ethereum layer-2 scaling blockchain Arbitrum, is close to 5% lower on Friday, though is holding above its 21DMA at $1.10 despite news of a partial network outage. The blockchain’s official X account tweeted that its sequencer staled at 10:29 ET due to...
Google Ad Change Policy Specifically Targets Cryptocurrency Coin Trusts – Here’s the Latest
11.12.2023
Source: Pixabay Silicon Valley tech giant Google is updating its crypto ad policy to improve its advertising standards, effective January 29, 2024. The revision, specifically, targets Cryptocurrency Coin Trusts – a financial product allowing investors to trade in trusts holding large cryptocurrency...
CME Group Dominates Bitcoin Futures Open Interest Amidst Speculations of $40K Gap Closing
10.12.2023
Recent data indicates that CME Group maintains its top position in bitcoin futures open interest, holding $5.29 billion, followed closely by Binance with $4.65 billion. A comprehensive analysis of 14 distinct exchanges offering derivatives reveals a combined open interest totaling $40.74 billion...
Tether Implements New Stablecoin-Freezing Policy After Seizing Funds Tied to OFAC Sanctioned Entities
10.12.2023
Tether, a leading stablecoin company in the crypto industry, has announced a significant new initiative aimed at strengthening the security of the crypto asset ecosystem. The company announced this weekend that its recent move to voluntarily freeze tether-holding wallets linked to the Office...
Tron (TRX) and Ripple (XRP) investors tired of holding are now moving towards utility-rich Retik Finance (RETIK)
9.12.2023
The cryptocurrency landscape is a volatile one, rife with both fleeting hype and long-term disillusionment. Investors, once captivated by the promise of astronomical returns, often find themselves holding tokens with stagnant prices and uncertain futures. This is particularly true for holders...