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Cathie Wood Calls Bitcoin a ‘Financial Super Highway,’ Reiterates $1.5M Price Target
22.3.2024
The Ark Invest CEO said the firm has been looking closely at emerging markets, where use cases of the digital asset make her believe that bitcoin is partly a risk-off asset
Top Crypto Gainers Today on DEXScreener – STOP, DOEGE, THICC
22.3.2024
With major cryptocurrencies are struggling on Friday as focus returns to heavy and largely GBTC-driven spot Bitcoin ETF outflows, traders looking to turn quick exponential profits continue to flock to the on-chain shitcoin markets.
The post Top Crypto Gainers Today on DEXScreener – STOP, DOEGE...
Bitcoin set for worst week as JP Morgan predicts further fall in price as ETF demand falls
22.3.2024
Bitcoin has retraced over 10% of it’s all-time high on March 14. This has direct consequences, as the appetite for spot Bitcoin exchange-traded funds (ETF) has gone down. JP Morgan Chase and Co. analysts have also warned that the retreat might continue to fall with a phenomenal price decline...
Best Crypto to Buy Today March 22 – APT, ICP, FTM
22.3.2024
As Bitcoin (BTC) continues to struggle in the face of continued elevated outflows from Grayscale’s Bitcoin Trust ETF (GBTC), traders hunting for quick returns are parsing through the altcoin markets for the best crypto to buy today.
The post Best Crypto to Buy Today March 22 – APT, ICP,...
Bitcoin Slips to $64K as Large Grayscale GBTC Outflows Continue
22.3.2024
U.S.-listed spot bitcoin ETFs saw over $830 million of outflows so far this week, and are poised for the first negative week since late January
ARK Invest Sells Another $35 Million Worth of Coinbase Shares as Stock Gains Over 50% YTD
22.3.2024
ARK Invest, known for its involvement in the spot Bitcoin exchange-traded fund (ETF) market, has decided to cash in on its Coinbase holdings as the stock's value climbs above $270.
The post ARK Invest Sells Another $35 Million Worth of Coinbase Shares as Stock Gains Over 50% YTD appeared first...
Spot Bitcoin ETFs See Fourth Consecutive Day of Net Outflows, GBTC Bleeds $358M
22.3.2024
The Grayscale Bitcoin Trust's (GBTC) exchange-traded fund (ETF) experienced another day of significant outflows, with nearly $359 million exiting the fund on March 21.
The post Spot Bitcoin ETFs See Fourth Consecutive Day of Net Outflows, GBTC Bleeds $358M appeared first on Cryptonews
Peter Schiff Highlights Problem With Owning Bitcoin ETF — BTC Investors Respond Self-Custody Is Key
22.3.2024
Gold bug Peter Schiff has highlighted a problem with owning spot bitcoin exchange-traded funds (ETFs). However, the issue Schiff pinpointed isn’t unique to bitcoin ETFs. This discussion has reignited calls for self-custody among crypto proponents. Peter Schiff’s Warning Prompts...
Ethereum Foundation faces inquiry amid major tech overhaul and ETF hopes
21.3.2024
The Ethereum Foundation is facing an inquiry from a ghost source when there are transformations on the anvil for Ethereum’s Technology. Added to that is its measuring point regarding its conventional asset, ETH, which multiple American investment businesses want to provide in the form of...
Bitcoin Spot ETFs See Net Outflow on Third Consecutive Day
21.3.2024
Bitcoin spot exchange-traded funds (ETFs) in the United States have witnessed a three-day streak of net outflows, with a total of $261.5 million leaving the ten approved funds on March 20.
The post Bitcoin Spot ETFs See Net Outflow on Third Consecutive Day appeared first on Cryptonews
SEC Probing Crypto Firms to Classify Ethereum as a Security: Fortune Reports
20.3.2024
The United States Securities and Exchange Commission (SEC) has reportedly served a number of key businesses in the crypto industry with subpoenas in relation to obtaining records about the Ethereum Foundation, a new report reveals. According to Fortune, SEC Chair Gary Gensler is leading the agency...
Ether Tumbles 6% as ETH ETF Hopes Dim Amid Regulatory Probe Reports
20.3.2024
CoinDesk reported Wednesday that the Ethereum Foundation faces a confidential inquiry, and Fortune said the SEC is examining whether ETH is a security
Grayscale CEO confirms to bring down fees for Bitcoin ETF
20.3.2024
Grayscale currently has a management fee of 1.5%. That is higher than what its competitors are charging. BlackRock and Fidelity charge a lower fee and intend to capture most of the market share. However, there could be a change in the tide, for the Chief Executive Officer of Grayscale has confirmed...
Bitcoin Spot ETFs Lose $326 Million In Largest Daily Outflow Since Launch
20.3.2024
Bitcoin spot ETFs in the United States are showing signs of waning momentum after Tuesday marked their largest daily net outflow since launch.
The post Bitcoin Spot ETFs Lose $326 Million In Largest Daily Outflow Since Launch appeared first on Cryptonews
What’s Next for Crypto?
20.3.2024
The approval of Bitcoin ETFs in January was a catalyzing event for crypto, says Gregory Mall, head of investment solutions at AMINA bank. How will the upcoming halving affect markets going forward and which projects are likely to win out over the long-term?
SEC holds Ethereum ETF approval until May despite staking additions
20.3.2024
The US SEC delayed the approval procedures of Ethereum exchange-traded funds (ETFs), affecting the approaches of investment firms, including Ark Invest, Hashdex, VanEck, and Grayscale, adding a staking component to the applications of the ETH ETF along with Fidelity. Both James Seyffart and Eric...
Grayscale’s Bitcoin ETF sees record outflow amid BTC dip
20.3.2024
According to official statistics released on Monday, Grayscale’s Bitcoin Trust witnessed its most significant daily outflow since converting to a spot exchange-traded fund (ETF) in January of this year. This suggests a discernible shift in the sentiments of investors regarding the fund....
Understanding the Differences Between a Bitcoin ETF and a Bitcoin IRA – Chris Kline
20.3.2024
BitcoinIRA is on a mission to help Americans retire. In 2016, the founders had a vision that changed the American retirement landscape forever. BitcoinIRA brought the first cryptocurrency IRA to the world and has been the market leader since igniting the industry. Chris Kline is the co-founder...
GBTC Bleeds Another $443 Million as Bitcoin Price Drops Below $61,000
20.3.2024
Bitcoin experienced a significant price collapse amid continued outflows from Grayscale's converted GBTC spot Bitcoin ETF.
The post GBTC Bleeds Another $443 Million as Bitcoin Price Drops Below $61,000 appeared first on Cryptonews
SEC Delays Decision on Ethereum ETFs from Hashdex and ARK 21Shares
20.3.2024
Regulatory uncertainty persists as the U.S. SEC pushes back the decision date for Hashdex and ARK 21Shares' spot Ethereum ETF applications, aiming for comprehensive review.
The post SEC Delays Decision on Ethereum ETFs from Hashdex and ARK 21Shares appeared first on Cryptonews