A wallet with one bitcoin burned in the Earth's atmosphere
In a tragic turn of events, a wallet containing a single bitcoin met its demise as it burned up in the Earth's atmosphere along with the ill-fated Peregrine space module. This unexpected accident, which occurred during a mission organized by the BitMEX cryptocurrency exchange, a ...
13 days later: how the crypto market reacted to the launch of exchange-traded funds on BTC
Crypto enthusiasts eagerly anticipated the approval of exchange-traded funds (ETFs) for Bitcoin throughout the final months of 2023. However, when January arrived, hopes were shattered as the outcome proved disappointing for many.The buzz surrounding Bitcoin ETFs actual ...
Bitcoin overtakes silver to become the second-largest asset in US ETFs
Bitcoin's rise continues as it overtakes silver to become the second-largest commodity asset class under management (AUM) among US exchange-traded funds. This significant milestone reinforces the growing demand for Bitcoin among investors. AUM, which represents the tota ...
Coinglass: Traders lost more than $138 million per day amid cryptocurrency market volatility
Experts at the CoinGlass platform have identified a possible cause for the recent surge in volatility in the cryptocurrency market, which has led to traders losing over $138 million daily. They believe that investors' reaction to the approval of spot Bitcoin ETFs by the US Secur ...
Kiarash Hosseinpour: “In the first half of 2024, the crypto market expects a massive sell-off of bitcoins”
In a recent announcement, the founder of Colorways Ventures and The Consensus predicted that the market value of Bitcoin will face significant pressure in the first half of the year. This pressure is expected to result from large holders of the cryptocurrency selling off their a ...
Bloomberg analyst James Seyffart: The US is preparing permission to trade options on Bitcoin ETFs
According to a stock analyst at Bloomberg, there is growing optimism that the US Securities and Exchange Commission (SEC) may give the green light for options trading on spot Bitcoin ETFs by the end of February. On his X (formerly Twitter) page, James Seyffart revealed ...
Michael Sonnenshein: “There will only be 2-3 spot Bitcoin ETFs left”
Grayscale CEO Michael Sonnenschnein believes that out of the 11 spot Bitcoin ETFs approved a week earlier, only a handful will survive in the long run. ...
Peter Schiff expects Bitcoin price to fall even further
One of the leading critics of the original cryptocurrency has expressed a unique perspective on why Bitcoin continues to struggle to grow and has even experienced periodic declines in value following the introduction of spot ETFs. "The reason why the purchas ...
The Block: Tether owns $2.8 billion worth of bitcoins
Tether, the leading issuer of the USDT stablecoin, currently holds a significant amount of 66,465 BTC in its accounts, which is valued at approximately $2.8 billion, according to a report by The Block.Since September 2022, Tether has been actively accumulating Bitcoin, ...
Bitfinex: “Bitcoin ETF has become the second largest class of commodity exchange-traded funds in the US”
The head of derivatives at Bitfinex, Jag Kooner, recently revealed that Bitcoin ETFs have emerged as the second-largest class of commodity exchange-traded funds in the United States in terms of assets under management (AUM).According to data released by ETF observer por ...