BitMEX: Investors invested $2.2 billion in Bitcoin ETFs in a week
Between February 12 and 16, Bitcoin exchange-traded funds (ETFs) witnessed an impressive influx of $2.2 billion in investments from shareholders, surpassing all other ETFs in the US market in terms of inflows. The clear frontrunner in this regard, as per analysts from B ...
Huge influx of money into ETFs: cryptocurrency continues to grow
The effect of the launch of spot Bitcoin ETFs turned out to be long-term. It took about a month before it started showing up. Bitcoin surpassed $50,000 for the first time in more than two years, altcoins are also in the black. Bitcoin Bitcoin increased about 10% fr ...
Senator Elizabeth Warren's office was credited with raising the flag in honor of Bitcoin's 15th anniversary
Reports spread throughout the crypto community about a senator known for being critical of cryptocurrencies who surprisingly organized a flag-raising ceremony in honor of the mysterious Bitcoin creator, Satoshi Nakamoto. Supporters of the leading cryptocurrency quickly ...
The UK High Court has completed the first stage of hearings in Craig Wright's Bitcoin rights case.
Craig Wright has completed his testimony in his defense at the UK High Court in a case brought by the Crypto Open Patent Alliance (COPA), who is attempting to prevent him from asserting copyright on Bitcoin.Craig Wright, who claims to be the true creator of Bitcoin and ...
Bitcoin market capitalization exceeds $1 trillion for the first time in two years
According to the latest data from CoinMarketCap, Bitcoin's market capitalization has soared past the $1 trillion mark, reaching its highest level in the past two years. This flagship cryptocurrency has been experiencing astounding weekly growth, with a staggering 17% in ...
Gary Gensler explains the difference between Bitcoin and fiat currencies
The chairman of the US Securities and Exchange Commission (SEC) attempted to clarify his views on the distinctions between Bitcoin and traditional currencies, as well as the advantages of government-backed money. In an exclusive interview with CNBC, Gary Gensler highlig ...
The court allowed the crypto lender Genesis to sell shares of the Grayscale Bitcoin Trust for $1.3 billion
The Bankruptcy Court for the Southern District of New York approved the request made by cryptocurrency lender Genesis Capital to sell $1.3 billion worth of shares in the Grayscale Bitcoin Trust (GBTC) to repay its debts to creditors. This move comes as Genesis Capital declared b ...
CoinMarketCap: Bitcoin has crossed the important mark of $51,000 and continues to rise in price
Based on the information from the CoinMarketCap service, Wednesday, February 14, proved to be a significant day for the first cryptocurrency by market capitalization. It reached a new two-year high value. After a slight dip from $50,255 to $48,500 on the evening of Febr ...
Anthony Scaramucci: “It’s not too late to buy Bitcoin”
Bitcoin continues to attract attention as its price surpasses $50,000, leading many traders to question whether they have missed the opportunity to invest. However, Anthony Scaramucci, founder of Skybridge Capital, asserts that it is still a favorable time to buy Bitcoin due to ...
Peter Schiff: "Bitcoin's current rise is a typical pump and dump pattern"
Renowned economist Peter Schiff, a strong advocate for gold investment, is cautioning investors about the current surge in cryptocurrencies. He believes that the rise resembles a classic pump-and-dump scheme and advises against getting swept up in the hype.Peter Schiff ...