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BlackRock’s Spot Bitcoin ETF Now Holds $3 Billion in BTC

2.2.2024
Source: DALL·E BlackRock’s recently launched iShares Bitcoin Trust (IBIT), a spot Bitcoin ETF, just hit a new milestone. As of Friday, it holds just over 70,000 BTC tokens, worth just north of $3 billion at the current Bitcoin price around $43,200. ???? JUST IN: BlackRock now holds 70,005 $BTC...

Bitcoin bulls charge: Experts predict stellar 2024 with $50k in sight

2.2.2024
Bitcoin is predicted to experience unprecedented growth and opportunities in 2024, according to many reports and analysts who have dissected micro and macro trends, forecasting a bright future for the world’s largest crypto and other related assets.  The price of Bitcoin may surpass $50,000 by...

Bitcoin bull case: ETF adoption, shifting flows, and macro trends

2.2.2024
Bitcoin has been at the center of the stage since the time the US SEC approved ETF applications. In all honesty, BTC never really left the limelight. If anything, the approval has helped it gain more attention worldwide. Crypto enthusiasts are optimistic that the token will rise in the coming days...

BitGo to act as custodian for Hashdex Bitcoin ETF

2.2.2024
Following the anticipated consent, BitGo will serve as a qualified custodian for the Hashdex Bitcoin ETF. This is required for all ETF applications. BitGo’s sponsorship is a collaborative pledge to build a stronger and safer market structure. If the scenario changes in their favor, Hashdex...

Three Arrows Co-Founders’ OPNX Exchange to Cease Operations

2.2.2024
Crypto exchange OPNX launched by Three Arrows Capital co-founders has announced it will “officially cease operations and shut down in February 2024.” The exchange said in an email it will cease all operations on 14 February. OPNX is asking customers to settle positions before 7 February, 8 AM...

German DZ Bank Plans to Roll Out Bitcoin Trading Pilot This Year: Report

2.2.2024
DZ Bank, the second largest bank in Germany, is reportedly planning to begin a retail crypto trading trial this year. Per a Bloomberg report, the Frankfurt-based bank aims to make the service available to its over 700 community banks. “Over the course of the year we will enter the pilot phase...

Singapore Authorities Raise Concerns Around Crypto Draining Kits

1.2.2024
Singapore police authority and the Cyber Security Agency of Singapore have raised concerns around cryptocurrency draining kits. In a joint statement, the authorities warned that cybercriminals are increasingly leveraging cryptocurrency drainers and targeting owners of digital wallets. (1/2) As...

Why is Bitcoin soaring these days? Expert’s outlook for 2024!

1.2.2024
Over the past couple of months, Bitcoin has picked up a tremendous pace in the market. In October 2023, the crypto surged from 27,967 dollars to 35,000 dollars. This trend was the first stable uptick BTC encountered after May 2022. The crypto continued this surge for a while, primarily because...

Celsius Emerges from Bankruptcy and will Distribute $3B to Creditors

1.2.2024
Celsius Network has emerged from bankruptcy and is planning to pay over $3 billion of cryptocurrency and fiat to its creditors. Part of the bankruptcy plan will include the creation of a new Bitcoin mining company named “Ionic Digital” which will be fully owned by Celsius’ creditors. Hut 8 Corp....

EU Moves to Ban Bitcoin to Meet Energy Goals – Report

31.1.2024
Source: Pixabay A recent report has indicated that Proof-of-Work (PoW) consensus networks, like Bitcoin, may be banned in the European Union (EU). Daniel Batten, a managing partner at CH4 Capital, shared on his X (formerly Twitter) handle that the European Central Bank (ECB) and European Securities...

Rich Dad Poor Dad Author Explains Why He Owns Bitcoin Over Stocks

31.1.2024
Robert Kiyosaki – author of the famous personal finance book Rich Dad Poor Dad – has come out with another statement in support of Bitcoin (BTC) as a superior money and investment asset compared to traditional stocks. “Bitcoin is protection against the theft of our wealth via our money,” read...

Global X Exits the Spot Bitcoin ETF Approval Race

31.1.2024
ETF provider Global X, has pulled its application for a spot Bitcoin ETF, an SEC filing on Tuesday showed. The CBOE BZX Exchange submitted a withdrawal notice for the Global X Bitcoin Trust on Jan. 26, around two weeks after the SEC approved 11 other spot Bitcoin ETFs. Securing approval for these...

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