BlackRock’s Spot Bitcoin ETF Hits $1 Billion AUM in First Week.
January 12 marked the beginning of trading for the asset manager’s iShares Bitcoin Trust. Statistics reveal that out of IBIT’s total assets, 99% are bitcoin. With $1 billion in assets…
Why is Bitcoin Dropping? Unraveling Grayscale’s BTC Selling Spree.
Major Bitcoin holder Grayscale has engaged in a significant sell-off of BTC.Over the past week, the price of Bitcoin has dropped from $46,200 to $40,756.The flagship cryptocurrency, Bitcoin (BTC), is…
Singapore Strikes Out Spot Bitcoin ETFs for Retail Investors.
Singaporean retail investors may still participate in Spot Bitcoin ETFs listed elsewhere. The regulatory body also cautioned those buying Bitcoin ETFs in foreign markets. After receiving clearance from the U.S…
Donald Trump Opposes CBDC in Latest Campaign Address.
Trump is worried about the dangers of debanking and political weaponization. Bitcoin and other cryptos were strongly opposed by Trump when he was president. There has been some talk about…
Ethereum Faces Bearish Pressure as Brief Correction Underway.
At the time of writing, ETH is trading at $2517, down 0.98% in the last 24 hours.If the price manages to go above $2611 level, then it will likely test…
Shiba Inu Burn Rate Surges But Will That Help SHIB Bulls?
Shiba Inu experiences a 6,000% surge in burn rates, impacting token supply.Analysts predict a Potential rally to $0.00001129 or a downturn to $0.00000826.Shiba Inu, a prominent memecoin has recently caught…
Fidelity Sees Recent BTC Sales as Short-Term ‘Hangover’ Post-Spot Bitcoin ETF Launch.
Timmer believes the situation is a “sell-the-news moment” where participants may have “equitized” future spot positions via futures markets.Jurrien Timmer, Fidelity’s Director of Global Macro, has expressed the view that…
Litecoin Shows Resilience and Potential for Upside Amidst Key Developments.
Litecoin’s price declined from its peak of $115 in July 2023 to a low of $56 in August.A higher low was created in Litecoin’s price, indicating an ascending support trendline…
Manta Network, The Fastest-Growing Layer 2 Blockchain Sets New Records.
Manta Network achieves Top 3 status in Ethereum L2 with $850M TVL. Manta New Paradigm offers 5% native yields alongside attractive rewards. Manta Network, a prominent multi-modular ecosystem designed for…
JPMorgan CEO Jamie Dimon Warns Against Bitcoin Investments.
The comment is the most recent in Dimon’s string of criticism directed against Bitcoin. Although Dimon was dismissive of Bitcoin, he did voice his support for blockchain technology. The chief…