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U.S Has its Eleventh Spot Bitcoin ETF After Hashdex Fund Conversion
27.3.2024
Trading under the ticker DEFI, asset manager Hashdex’s Bitcoin Futures ETF – which had been trading as a futures-based fund on the New York Stock Exchange since 2022 – was renamed and converted into the Hashdex Bitcoin ETF and now operates as a spot bitcoin fund
BOB, a 'Hybrid' Layer-2 Blockchain Mixing Bitcoin and Ethereum, Raises $10M
27.3.2024
The round was led by Castle Island Ventures and included participation from Mechanism Ventures, Bankless Ventures, CMS Ventures and UTXO Management
$20 Million in Bitcoin Long Positions Liquidated as Price Tumbles From Intraday High
27.3.2024
The price of bitcoin saw a significant fluctuation after remaining fairly consolidated over the past two days. After bulls managed to see bitcoin’s price rise to $71,754, the value dropped to a low of $68,557 per unit shortly after reaching the daily high. Liquidations Rise Following Bitcoin...
Marathon Digital Holdings Unveils ‘M’ Block Art on Bitcoin Blockchain
27.3.2024
Bitcoin miner Marathon Digital Holdings has crafted a block that prominently displays the letter “M” by carefully arranging transactions and fee rates within its mining pool. This novel approach introduces a creative twist to block creation in the blockchain realm. Despite this innovative step...
Kucoin’s Legal Woes Spark Massive $1.7 Billion Withdrawal, Onchain Data Reveals
27.3.2024
After the Kucoin indictment on Tuesday, subsequent onchain data from Nansen indicates that, to date, $1.7 billion in funds have been withdrawn from the exchange. Crypto Assets Worth $1.7 Billion Pulled From Kucoin Since the Department of Justice (DOJ) accused Kucoin and its founders of breaching...
Michael Saylor sheds light on how Bitcoin will shape our future
27.3.2024
Michael Saylor elaborates on the importance of Bitcoin for the well-being of individuals, families, banks, nonprofit organizations, investment companies, and governments. He eloquently explained how the mightiest Bitcoin will shape our future in 2024 and beyond. “Bitcoin is...
Tidal and Hashdex launch U.S. Spot Bitcoin ETF trading
27.3.2024
Tidal Investments LLC and Hashdex Asset Management Ltd., two of the world’s top asset managers focusing on cryptocurrencies, announced today that the Hashdex Bitcoin Futures ETF will now be known as the Hashdex Bitcoin ETF. With effect from March 27, 2024, DEFI’s name reflects...
Mega Whale Moves 2,000 Dormant Bitcoins From 2010 in Third Series of Transfers This Month
27.3.2024
On March 1, a well-known colossal whale holding bitcoins from 2010 activated 2,000 dormant bitcoins across 40 transactions in a single block. Just four days afterward, on March 5, this entity once more made waves by transferring 1,000 bitcoins originating from the same year. For the third instance...
Bitcoin gears up to break records fueled by Halving event
27.3.2024
Bitcoin is currently comfortable in sustaining a $70k+ mark. There are chances that it will hold on to the support level of $65,000 till it initiates the Halving process. Price correction has been laid out by several analysts, triggering speculation about the actual drop that may come ahead....
Hong Kong-Based Asset Manager VSFG and Value Partners Apply for Spot Bitcoin ETF
27.3.2024
Asset Manager VSFG, together with its partners, Value Partners, have applied for a spot-bitcoin exchange-traded fund (ETF) with Hong Kong's Securities and Futures Commission (SFC), its Head of Investment & Products Brian Chan told CoinDesk on Wednesday
Pennsylvania State, Crypto Miner Sued for Polluting Environment
27.3.2024
Pennsylvania environmental NGO – Save Carbon County – filed a lawsuit in a state court, accusing Stronghold Digital Mining for environmental contamination through Bitcoin mining.
The post Pennsylvania State, Crypto Miner Sued for Polluting Environment appeared first on Cryptonews
Texas Crypto Mining Firm Giga Energy Expands Operations to Argentina
27.3.2024
Texas-based cryptocurrency mining firm Giga Energy has expanded its operations to Argentina following its expansion across the U.S. and into Shanghai, tapping into the gas flaring trend.
The post Texas Crypto Mining Firm Giga Energy Expands Operations to Argentina appeared first on Cryptonews
Spot Bitcoin ETFs Witness $418M in Net Inflows Led by Blackrock and Fidelity
27.3.2024
US spot Bitcoin ETFs have experienced a resurgence of fresh capital, reversing a streak of consecutive net outflows over the past week.
The post Spot Bitcoin ETFs Witness $418M in Net Inflows Led by Blackrock and Fidelity appeared first on Cryptonews
Bitcoin Price Prediction: ETF Launch & Halving Event Eye $75,000 Rally?
27.3.2024
With Hashdex's new ETF and the impending Bitcoin halving, the market buzzes with speculation: Is a surge to $75,000 on the horizon for Bitcoin?
The post Bitcoin Price Prediction: ETF Launch & Halving Event Eye $75,000 Rally? appeared first on Cryptonews
Hashdex, Tidal’s Spot Bitcoin ETF to Begin Trading Today
27.3.2024
Hashdex Asset Management and Tidal Investments spot Bitcoin exchange traded fund (ETF) will begin trading later today in the U.S. under the ticker symbol DEFI.
The post Hashdex, Tidal’s Spot Bitcoin ETF to Begin Trading Today appeared first on Cryptonews
Institutional Investors and ‘Whales’ Push Bitcoin Demand to New Heights
27.3.2024
Bitcoin is experiencing a significant liquidity crisis as demand for it soars, with Cryptoquant analysts reporting a monthly demand increase from 40,000 BTC to 213,000 BTC, fueled by a rise in accumulation addresses and institutional investments through spot bitcoin ETFs in the US. The imbalance...
Peter Brandt: Bitcoin Vying to Replace Fiat Currencies as Primary Store of Value
27.3.2024
Veteran trader and renowned chartist Peter Brandt says bitcoin is “vying to become the Level 1 ‘store-of-value’ standard replacing fiat currencies and government bonds.” He explained that fiat currencies, like the U.S. dollar, “will still be used to buy groceries...
Robert Kiyosaki Sees Bitcoin as ‘Perfect Asset at the Right Time’ — Calls US Dollar ‘Giant Ponzi Scheme’
27.3.2024
Rich Dad Poor Dad author Robert Kiyosaki has answered multiple questions about bitcoin and the U.S. dollar. Declaring that he is a bitcoin bull, the famous author said the cryptocurrency “is the perfect asset at the right time.” While acknowledging the possibility of bitcoin...
Hong Kong Will Soon Approve ‘In-Kind’ Bitcoin Spot ETFs – Here’s What That Means
26.3.2024
Hong Kong could soon approve Bitcoin spot ETFs with an 'in-kind' redemption model. This differs from the US 'in-cash' approach, potentially impacting ETF management and the overall market.
The post Hong Kong Will Soon Approve ‘In-Kind’ Bitcoin Spot ETFs – Here’s What That Means...
The Bitcoin Halving Could Accelerate Consumer Adoption of BTC
26.3.2024