Tagged: bitcoin

Coinshares Reports Solid Start for Bitcoin (BTC), Ethereum (ETH), Other Digital Assets with Steady Inflows

Coinshares (Nasdaq Stockholm: CS; US OTCQX: CNSRF)  is reporting a solid start for digital assets as we prepare for 2024, with $151 million in total inflows. According to the CoinShares latest weekly update, digital asset investment products saw considerable inflows during the first week of… Read More

Crypto Industry Professionals Share Insights, Predictions Regarding Bitcoin ETF Fees, Expected Approvals

The Bitcoin spot ETF approvals are expected to be announced this week. The final decisions are now expected to come this Wednesday, with trading starting before the end of this current week. In preparation for all of this, each ETF administrator is required to disclose… Read More

SEC Must Reject Spot Bitcoin ETPs which Can Inflict “Massive” Investor Harm, According to Better Markets

Dennis M. Kelleher, Co-founder, President, and CEO, issued the following statement on the filing of Better Markets’ Supplemental Comment Letter to the Securities and Exchange Commission (SEC) in response “to multiple proposed rule changes filed by national securities exchanges seeking to list and trade shares… Read More

No Value, No Cash Flow, No Yield, No Product, No Service: John Reed Stark Hammers Bitcoin, Crypto in General

John Reed Stark, a former employee of the Securities and Exchange Commission (SEC) and longtime crypto critic, has taken to X to hammer Bitcoin just as expectations that the SEC will approve Bitcoin ETFs later this month. Stark has been vocal for years now regarding… Read More

Competing on Fees: Aspiring Bitcoin ETFs Update Fees as Decision on Exchange Traded Funds Near

Some of the sponsors of potential Bitcoin ETFs are updating fees to make their products more appealing to potential investors. Highlighted in a series of X’s by Bloomberg, amended S-1s were hitting the Securities and Exchange Commission’s Edgar filing system this morning. Franklin Bitcoin ETF… Read More

Digital Assets Market Poised for Mainstream Adoption, Anticipated Launch of a Spot ETF Stands as Milestone in Bitcoin’s History – Report

Kyle Waters and Tanay Ved from Coin Metrics noted that digital assets rebounded sharply in 2023 as market conditions “improved across the board and institutional interest accelerated alongside the impending launch of a spot Bitcoin ETF.” Looking to 2024, there are a number of important… Read More

Bitdeer, a Tech Firm Focused on Blockchain and High-Performance Computing, Shares Operational Updates

Bitdeer Technologies Group (NASDAQ: BTDR), a technology company for blockchain and high-performance computing, recently announced its unaudited mining and operations updates for December 2023. Linghui Kong, Chief Executive Officer of Bitdeer, commented: “In December, we continued to generate positive results in our core business and… Read More

MultiBit, an Ethereum Virtual Machine (EVM) and Bitcoin Bridge, Introduces Alchemy Pay’s On-Ramp Solution

MultiBit, a dual sided bridge between EVM and bitcoin, has introduced Alchemy Pay’s On-Ramp solution on its website. This integration reportedly enhances user convenience, “enabling them to utilize their chosen fiat payment methods effortlessly to acquire $MUBI token on MultiBit’s platform. Furthermore, the $MUBI token… Read More

Receipts Depositary Corporation Announces Bitcoin Depositary Receipts for Qualified Institutional Buyers

Receipts Depositary Corporation (RDC) announced the launch of the first ever Bitcoin depositary receipt (BTC DR). RDC expects to issue the first BTC DRs in transactions exempt “from registration under the Securities Act of 1933 to Qualified Institutional Buyers (QIBs) in the coming weeks. BTC… Read More

Bitcoin ETF Decision Is “Irrelevant” to DeFi, According to Haven1 Co-Founder Jeff Owens

Jeff Owens, co-founder of Haven1, says that any impact a potential spot bitcoin ETF rejection by the SEC has on the DeFi market will “be temporary and has nothing to do with fundamentals in the space.” However, he says that “in the short term, lower… Read More

$100K Bitcoin (BTC) Price Target Not Far-Fetched Even Within Next Six Months, According to Analyst

Most Bitcoin rallies over the last decade share a theme, they “accelerate as they progress,” according to an update shared with CI. Trading.biz analyst Cory Mitchell notes that “Major rallies often start as a bowl shape, but then the price accelerates and the rally starts… Read More

Digital Asset Investment Products Experienced $2.25 Billion in Inflows in 2023

Coinshares has provided an update on digital assets and the platform is reporting that digital asset investment products experienced  $2.25 billion of inflows for the full year in 2023, Coinshares states that this is the 3rd largest year based on data from back to 2017…. Read More

Bitcoin Could Rocket Following ETF Approval: Report

Bitcoin continues to hold recent highs, topping $45,000 at the beginning of 2024 before pulling back a bit. Much of the speculation that is driving BTC higher is the expectation that the Securities and Exchange Commission (SEC) will soon approve a spot Bitcoin ETF after… Read More

Bitcoin Outperforms Ethereum, Memecoin Prices Surge as Crypto Bull Market Gains Momentum – Report

CoinGecko has released a list of top-performing digital currencies throughout 2023. However, it must be noted that these gains could be short-term because many of these projects involve meme coins or initiatives that don’t really have a meaningful value proposition. Despite their lack of real-world… Read More

Digital Assets Record Positive Returns in December, Led by Smart Contract Platforms Crypto Sector – Grayscale Research

Bitcoin (BTC)  gained 13% in December 2023 (and is trading at over $45,000 to start off the new year). These price moves punctuate a year of strong returns, but the largest crypto asset was, in fact, “outpaced by other market segments last month,” the team… Read More

Bitcoin Starts 2024 at Over $45,000

The Bitcoin bull is back, it seems. Bitcoin (BTC), the most popular crypto in the world, is currently trading at just under $46,000. Bitcoin’s market cap is almost $900 billion. This is below its all-time high, which was in late 2021, when Bitcoin traded around… Read More

Digital Assets and Blockchain Industry Set for Sustainable Growth in 2024 with Focus on Compliance and Real-World Use-Cases

The year 2024 is set to be an exceptional period for the digital assets and blockchain sector. Throughout most of 2023, there were a number of key developments that will now shape the future of the crypto industry in the coming year and even the… Read More

Digital Asset Research Highlights Key Bitcoin and Crypto Industry Developments Heading into 2024

Marco Manoppo, the Research Director at Digital Asset Research, has shared several notable developments that took place recently in the crypto and blockchain sector. Marco from Digital Asset Research notes that all of the following happened in crypto this week: MicroStrategy Acquires $615M worth of… Read More

Nansen Says Crypto Prices Could be Challenged as There’s a 10-20% Probability that Inflation Re-Accelerates Post Fed-Pivot

As the end of the year approaches, the Nansen team has shared key insights on higher-probability scenarios poised to take center-stage in 2024. In line or consistent with prevailing sentiment, which leans toward positive scenarios for crypto in 2024, Nansen says that their outlook remains… Read More

Canada: BIGG Digital Assets Onboards Publicly Traded Bitcoin Mining Firm as OTC Trading Client

BIGG Digital Assets Inc. (CSE: BIGG), an innovator in the digital assets space and owner of Netcoins, Blockchain Intelligence Group and TerraZero is pleased to announce that it has on-boarded one of “the largest publicly traded Bitcoin Mining companies as an OTC Trading Client –… Read More

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