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Over $520M in Longs Liquidated as Bitcoin Price Drops Below $68,000


Bitcoin is trading below $68,000, nearly 7.5% down in the last 24 hours. The price correction triggered massive liquidations as the entire network saw over $657 million positions liquidated in the last 24 hrs.   The post Over $520M in Longs Liquidated as Bitcoin Price Drops Below $68,000...

Peter Schiff Regrets Skipping Bitcoin, Reignites Debate on Crypto’s Future


Longtime Bitcoin critic Peter Schiff has admitted he regrets not investing in Bitcoin when he was first introduced to it in 2010. The American stockbroker, known for advocating for gold investments, had previously mocked Bitcoin as a "pure Ponzi scheme." The post Peter Schiff Regrets Skipping...

SEC silence lowers Ethereum ETF approval prospects


As per the assessment of Bloomberg analysts, the probability of the United States Securities and Exchange Commission approving a spot Ethereum ETF by May has been substantially diminished. The SEC’s silence and delay have prompted analysts to reconsider the viability of a spot Ethereum...

Thai Rule Change Allows Asset Management Funds to Invest in Bitcoin ETFs


Thailand-based asset management funds can now launch private funds for investing in U.S. spot bitcoin exchange-traded funds (ETFs), according to the country’s securities regulator. The approval of bitcoin ETFs by U.S. regulators has opened opportunities for Thai asset management firms to gain...

SEC Orders First Trust and SkyBridge to Declare ETF Application as Abandoned


The SEC has instructed First Trust Advisors and SkyBridge Capital, the hedge fund led by former White House Communications Director Anthony Scaramucci, to mark their Bitcoin ETF application as abandoned. The post SEC Orders First Trust and SkyBridge to Declare ETF Application as Abandoned appeared...

Crypto Industry Players in Hong Kong Call for Swift Approval of Bitcoin ETFs


Authorities in Hong Kong have been urged to approve spot bitcoin exchange-traded funds in order to cement the region’s position as the financial hub of Asia. Industry participants believe that launching this ahead of the U.S. will enhance Hong Kong’s status in the global cryptocurrency...

Blackrock’s Spot Bitcoin ETF Holdings Near 204K BTC as Demand Soars


Blackrock, the world’s largest asset manager, has hit a significant milestone with its spot bitcoin exchange-traded fund (ETF), the Ishares Bitcoin Trust (IBIT). The fund’s crypto holdings have reached nearly 204K bitcoins, representing over $14.76 billion in assets under management...

Grayscale Files For ‘Mini’ Bitcoin Spot ETF To Stop GBTC Bleed


Crypto management firm Grayscale has hatched a plan to stop its rapidly accelerating asset bleed – and it involves launching a brand new Bitcoin spot ETF. The post Grayscale Files For ‘Mini’ Bitcoin Spot ETF To Stop GBTC Bleed appeared first on Cryptonews

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