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SEC Delays Spot Ethereum ETF Decisions
27.1.2024
The U.S. Securities and Exchange Commission (SEC) has delayed its decisions on spot ethereum exchange-traded funds (ETFs) proposed by Blackrock, the world’s largest asset manager, and Grayscale Investments. Grayscale is seeking to convert its existing Ethereum Trust into a spot ETF. Spot...
Bitcoin and Ethereum Price Prediction as Tesla Still Holds $380 Million BTC and Another ETH ETF Gets Delayed
26.1.2024
In the ever-evolving landscape of cryptocurrency, Bitcoin (BTC) has recently reversed its downward trend, surpassing the significant $41,000 mark. This resurgence not only bolsters confidence in Bitcoin but also paves the way for other major cryptocurrencies like Ethereum (ETH), Dogecoin (DOGE)...
Why Is Everyone Suddenly Bearish About Bitcoin?
26.1.2024
The cryptocurrency has dipped following the most bullish recent event in crypto history, the launch of spot bitcoin ETFs, apparently causing a crisis in faith
Is Bitcoin Going To Zero As Grayscale Sends 10,000 BTC To Coinbase – Best Altcoins To Invest In Right Now
26.1.2024
Investors are fretting over whether Bitcoin might be going to zero, as digital asset management firm Grayscale continues to dump BTC on the market from its Grayscale Bitcoin Trust (GBTC) ETF. Just on Friday, Grayscale sent another $400 million worth of BTC to Coinbase to be sold, crypto analyst...
BlackRock’s Bitcoin ETF First to Reach $2B in AUM
26.1.2024
The BlackRock iShares Bitcoin ETF (IBIT) on Friday became the first of the recently launched spot bitcoin products to reach $2 billion in assets under-management (AUM)
9 Newly Launched Bitcoin ETFs Amass 132,170 BTC With Blackrock and Fidelity Commanding 70% of Total Holdings
26.1.2024
At 10:30 a.m. Eastern Time (ET) on Friday, Grayscale’s GBTC reported a decrease of 10,871.56 bitcoin from its holdings compared to Thursday. In contrast, since its inception on Jan. 11, 2024, Blackrock’s IBIT has accumulated a total of 49,952.32 bitcoin worth $1.98 billion....
First Mover Americas: Bitcoin Regains $41K in End of Week Rally
26.1.2024
The latest price moves in bitcoin [BTC] and crypto markets in context for Jan. 26, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Ethereum Leads Weekly Altcoin Losses as Wider Market Sell-Off Continues
26.1.2024
The crypto market remains in the red zone with altcoins and pack leader Ethereum (ETH) posting losses two weeks after the approval of spot Bitcoin (BTC) ETF by the United States Securities and Exchange Commission (SEC). On-chain data shows the price of several crypto assets trading at monthly lows....
ARK Bought $62.3M Worth of Own ETF in Last Week; Sold $42.7M of BITO
26.1.2024
ARKW now holds $91.4 million of ARKB, constituting a 5.98% weighting of the fund's total value
In the Future All Crypto Exchanges Will Become Decentralized – Justin Sun, Founder of Tron and Advisor to HTX
26.1.2024
In our latest podcast episode, we were delighted to host Justin Sun, the founder of Tron and advisor to HTX. Justin offered his valuable insights on a variety of topics. He began with discussing the implications of the US Bitcoin ETF approval on the crypto industry. The conversation then moved...
US SEC Delays Decision on Grayscale’s Spot ETH ETF Application
26.1.2024
The U.S. Securities and Exchange Commission (SEC) delayed its decision on an application by crypto asset manager Grayscale Investments to convert its Ethereum trust product into a spot exchange-traded fund (ETF) on Thursday, as per a Reuters reported. A day before the US regulator had delayed...
Bitcoin ETF Flows Show Negative Trend For First Time Since Launch
25.1.2024
The group of recently launched spot bitcoin exchange-traded funds (ETFs) are seeing combined negative flows for the first time since they opened for trade on Jan. 11 as money moving into funds like BlackRock's IBIT and Fidelity's FBTC has failed to keep pace with the exits from Grayscale’s GBTC
SEC Chair Gensler Tempers Enthusiasm Over Ethereum ETF Applications
25.1.2024
Securities and Exchange Commission Chair Gary Gensler has downplayed the possibility of Ethereum ETF applications being approved in the near future. In a media briefing on January 24th, Gensler clarified that the recent approval Bitcoin ETFs by the agency was exclusive to Bitcoin. This...
Spot Ether ETF Applications Decisions Delayed by SEC
25.1.2024
The U.S. Securities and Exchange Commission delayed an application by Grayscale Investments to convert its Ethereum trust product into an exchange-traded fund (ETF), a day after pushing back a decision on an application from BlackRock to launch an ether ETF
Grayscale's GBTC Profit Taking Likely Over, Easing Bitcoin Selling Pressure: JPMorgan
25.1.2024
Around $1.3 billion has shifted from GBTC to new spot bitcoin ETFs, equivalent to a monthly outflow of about $3 billion per month, the bank said in a report
Crypto for Advisors: Unlocking Crypto Custody
25.1.2024
As a financial advisor, it is crucial to understand that there is no one-size-fits-all approach to crypto custody. Instead, the most suitable solution depends on your client’s specific needs, goals, and risk appetite
Bitcoin Spot ETFs Witness Highest Single-Day Outflows as GBTC Continues to Bleed
25.1.2024
Bitcoin spot ETFs have experienced a significant net outflow of $159 million, marking the largest single-day total net outflow since their launch. Data from analytics platform Alpha shows that out of all the spot Bitcoin ETFs, Grayscale ETF (GBTC) has seen the most substantial net outflows, with...
Grayscale’s GBTC Offloads $527M in Bitcoin as Spot ETFs Record Lower Trading Volumes; Other Funds Continue BTC Accumulation
25.1.2024
Based on the latest data, the recently introduced spot bitcoin exchange-traded funds (ETFs) experienced their lowest trading volume day since Jan. 11, 2024, recording roughly $1.28 billion in volume on Wednesday. Additionally, figures indicate that Grayscale’s Bitcoin Trust GBTC...
First Mover Americas: Bitcoin Holds $40K
25.1.2024
The latest price moves in bitcoin [BTC] and crypto markets in context for Jan. 25, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Bitcoin Price Prediction: Hits $40,000 Amid ETF Moves & IRS Update
25.1.2024
In a market teeming with activity, Bitcoin’s latest surge to $40,000, marking a nearly 1% increase on Thursday, has investors and analysts revisiting their Bitcoin price predictions. This uptick comes amidst a flurry of significant developments: Chinese investors, spurred by stock market...