Categoria: Bitcoin
Spot Bitcoin ETFs’ cumulative trading volume exceeds $30 billion Spot Bitcoin ETFs’ cumulative trading volume exceeds $30 billion
Quick Take In the nascent arena of spot Bitcoin ETFs, competition is swiftly evolving. The first month saw a noteworthy $1.5 billion net inflow, representing about 32,000 Bitcoin, according to BitMEX Research. Moreover, the aggregated volume of these ETFs overpassed a landmark $30 billion threshold, according to The Block. A shift in dominance among these
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Hong Kong sets deadline for crypto exchange licensing applications or face shutdown Hong Kong sets deadline for crypto exchange licensing applications or face shutdown
Hong Kong’s Securities and Futures Commission (SFC) told unregistered Virtual Asset Trading Platforms (VATPs) within its region to submit their licensing applications by Feb. 29 or close their businesses by May 31, according to a Feb. 5 notice. The financial regulatory authority reaffirmed this deadline for cryptocurrency trading firms while advising investors to engage with
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Bitcoin’s next halving could spell a surge in price as demand outpaces supply Bitcoin’s next halving could spell a surge in price as demand outpaces supply
Quick Take The imminent halving event for Bitcoin in April 2024 will slash monthly issuance from 27,000 BTC to approximately 13,500 BTC and bring daily rewards down from 900 to 450 BTC, giving Bitcoin an inflation rate of less than 1%. Detailed analysis of individual cohorts illustrates the unique accumulation and distribution patterns within the
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$500 Million Worth Of ETH Leave Exchanges Last Week – What This Means For ETH $500 Million Worth Of ETH Leave Exchanges Last Week – What This Means For ETH
Ethereum is currently trading at $2,290 and is on a marginal increase of $0.17 in the past week. Although lacking much action and trading around $2,300 for most of the week, on-chain data regarding outflows has revealed the current sentiment among traders. According to data from on-chain analytics company IntoTheBlock, $500 million worth of ETH
Leia maisGenesis Seeks Court Approval for Sales of $1.4B Worth GBTC Shares Genesis Seeks Court Approval for Sales of $1.4B Worth GBTC Shares
Genesis Global Capital, a defunct cryptocurrency lender, has filed a fresh motion with the United States Bankruptcy Court for the Southern District of New York, requesting permission to liquidate almost $1.4 billion worth of trust assets. Genesis, a division of the Digital Currency Group (DCG), reportedly has $1.4 billion in
Leia maisBitcoin Price Prediction, Is halving Going to Take BTC Past 100k? Bitcoin Price Prediction, Is halving Going to Take BTC Past 100k?
Bitcoin, the pioneer of cryptocurrencies, has experienced its fair share of highs and lows since its inception in 2009. From its record-breaking all-time high of $69,000 in November 2021 to its dip to $22,700 in January 2023 and the retracing to above $40,000 in 2024, Bitcoin’s journey has been a
Leia maisNayib Bukele Reelected in El Salvador. Win For Bitcoin?
President Nayib Bukele of El Salvador appears set to continue his presidency for another five-year term, with exit polls indicating an overwhelming lead shortly after voting concluded on Sunday. The outcome was widely anticipated, given Bukele’s substantial popularity and a significant lead in pre-election polls. “According to our numbers, we
Leia maisBTC Falls Below $43K Despite Bitcoin ETF Momentum
Despite Bitcoin’s (BTC) attempts to breach the $43,500 resistance level, it faced challenges in extending its gains, slipping below $42,800 in recent trading sessions. At the time of writing, Bitcoin was trading at $42,701, with a slight decline of 0.57% in the last 24 hours. In contrast, BlackRock and Fidelity’s
Leia maisCardano Founder Argues Bitcoin Can Never Be Like ADA Or Ethereum, Here’s Why Cardano Founder Argues Bitcoin Can Never Be Like ADA Or Ethereum, Here’s Why
In a recent exchange of ideas on X (formerly Twitter), a debate unfolded between Charles Hoskinson, the founder of Cardano, and Muneeb Ali, co-founder of Stacks, a project focused on enabling smart contracts on Bitcoin. The discussion centered around the potential and limitations of Bitcoin’s layer-2 (L2) innovations, particularly in comparison to networks like Cardano
Leia maisChina Digs Into Cryptocurrency: Mining Banned In Energy Revamp China Digs Into Cryptocurrency: Mining Banned In Energy Revamp
Beijing has intensified its efforts to curb cryptocurrency mining, citing its excessive energy consumption and potential environmental harm. This move comes as part of a broader plan to achieve “higher level and higher quality” energy conservation, aligning with China’s national goals of pollution reduction and carbon neutrality. Related Reading: Crypto Classrooms: US Authorities Charge School
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