Grayscale Experiences $20 Billion Decline in Bitcoin and Ether ETFs Grayscale Investments has faced substantial outflows from its Bitcoin and Ether exchange-traded funds (ETFs), while other approved ETFs continue to see positive investment flows. Recent reports indicate that Grayscale has recorded over $20.4 billion in outflows from its Bitcoin and Ether ETFs combined. The specific […]
Crypto ETFs Expected to Enter ‘Model Portfolios’ by Year-End According to insights from BlackRock, digital currency-backed exchange-traded funds (ETFs) are anticipated to be incorporated into model portfolios by the end of 2024. This information comes from Samara Cohen, BlackRock’s chief investment officer for ETFs. Insights from Samara Cohen During an interview, Cohen discussed the current […]
US Transfers $2 Billion in Bitcoin Following Trump’s Strategic Stockpile Proposal In a surprising turn of events, the U.S. government has moved $2 billion worth of Bitcoin shortly after former President Donald Trump announced plans for a “strategic national Bitcoin stockpile” if he returns to office. Details of the Bitcoin Transfer According to Arkham Intelligence, […]
Bitcoin Traders Highlight Critical Moment as BTC Price Shifts Cryptocurrency traders are indicating that Bitcoin is currently at a significant turning point, coinciding with a rise in futures open interest as the price of BTC transitions into a new trading range. The Bitcoin (BTC) market finds itself at a pivotal juncture following a notable conference […]
Kamala Harris Contemplates Gary Peters as a Vice Presidential Candidate Recent reports indicate that Kamala Harris is evaluating Michigan Senator Gary Peters as a potential running mate for the upcoming 2024 election. The possibility of Peters joining the ticket has gained traction, with his name appearing alongside other notable figures such as Gavin Newsom, Pete […]
Understanding Bitcoin: The Rise of Layer-2 Solutions and Security Concerns The Bitcoin 2024 conference brought to light numerous protocols that are advancing the Bitcoin blockchain. The event highlighted both the potential and the challenges that are arising in this space. Layer-2 solutions, designed to operate atop the Bitcoin blockchain, are gaining traction, inspired by years […]
WisdomTree CEO Predicts Mainstream Adoption of Crypto According to Jonothan Steinberg, CEO of WisdomTree, the integration of regulatory clarity, publicly traded cryptocurrency funds, and the tokenization of real-world assets (RWA) will drive the mainstream adoption of crypto. Regulatory Clarity on the Horizon Steinberg highlights a recent speech by Republican presidential candidate Donald Trump at the […]
US House Approves Legislation to Combat Illicit Crypto Activities The recent legislative move aims to curtail illegal cryptocurrency use while ensuring consumer freedom. On July 22, 2023, members of the U.S. House of Representatives voted in favor of legislation aimed at addressing the unlawful use of cryptocurrencies. The bill, known as the Financial Technology Protection […]
RFK Jr.: Bitcoin’s Role in Maintaining the US Dollar’s Reserve Status Presidential hopeful Robert F. Kennedy Jr. has expressed a strong belief that Bitcoin should be a fundamental component of the United States’ monetary framework. His interest in Bitcoin was sparked by conversations with his children. RFK Jr. asserts that U.S. policymakers are beginning to […]
Coinbase provides custody for DigitalX’s new Australian Bitcoin ETF The US crypto exchange Coinbase is providing Bitcoin custody services to Australia’s DigitalX, the issuer of the second spot BTC ETF in the country. Cryptocurrency exchange Coinbase is doubling down on its support of global spot Bitcoin exchange-traded funds (ETF), becoming a custody partner for a […]
