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Finance

43 Bitcoin Projects Secure Key Funding in 2024 Attracting Over $127 Million
Finance

43 Bitcoin Projects Secure Key Funding in 2024 Attracting Over $127 Million

April 11, 2024 0

Since the onset of 2024, the Bitcoin ecosystem has seen an influx of capital flowing into startups. Data gathered by Coin98 Analytics from the web portal crypto-fundraising.info, reveals that over the past few months, 43 […]

Fidelity’s FBTC Gains Ground, Absorbing Over 1,000 BTC Amid Wednesday’s $123M Inflow
Finance

Fidelity’s FBTC Gains Ground, Absorbing Over 1,000 BTC Amid Wednesday’s $123M Inflow

April 11, 2024 0

U.S. spot bitcoin exchange-traded funds (ETFs) garnered $123.7 million in positive inflows during Wednesday’s trading. Grayscale’s Bitcoin Trust (GBTC) experienced a decline in its bitcoin holdings, decreasing from 318,451.70 to 316,193.43 bitcoins. ETF Analyst Notes […]

US Spot Bitcoin ETFs Record $19.4 Million in Outflows, GBTC Holdings Decline
Finance

US Spot Bitcoin ETFs Record $19.4 Million in Outflows, GBTC Holdings Decline

April 10, 2024 0

U.S. spot bitcoin exchange-traded funds (ETFs) experienced another round of net withdrawals, documenting a $19.4 million decrease. The holdings of GBTC diminished from 322,697.17 bitcoins to 318,451.70. U.S. Spot Bitcoin ETF Landscape: Outflows Continue to […]

Hong Kong’s ZA Bank to Offer Custody Accounts for Stablecoin Issuers
Finance

Hong Kong’s ZA Bank to Offer Custody Accounts for Stablecoin Issuers

April 9, 2024 0

ZA Bank, a virtual bank in Hong Kong, will offer cash custody accounts for institutions that want to issue stablecoins. The organization is in talks with several parties seeking to issue their stablecoins, and this […]

10 US Bitcoin ETFs Amass Over 519,000 BTC, With Blackrock Leading at 50.81%
Finance

10 US Bitcoin ETFs Amass Over 519,000 BTC, With Blackrock Leading at 50.81%

April 8, 2024 0

The latest data reveals that Blackrock’s spot bitcoin exchange-traded fund (ETF) has increased its bitcoin portfolio, now encompassing 263,937.48 bitcoins valued at $17.88 billion. Spot Bitcoin ETF Reserves Reach New Heights Several U.S. spot bitcoin […]

China’s Largest Fund Managers Eye Spot Bitcoin ETFs in Hong Kong’s Financial Markets
Finance

China’s Largest Fund Managers Eye Spot Bitcoin ETFs in Hong Kong’s Financial Markets

April 8, 2024 0

Two of China’s largest fund management firms have recently been reported to be filing applications for spot bitcoin exchange-traded funds (ETFs), according to regional sources on Monday. Harvest Global Investments and Southern Fund are seeking […]

Bitcoin vs Gold: Peter Brandt Asks Peter Schiff to Put Things in Broader Perspective
Finance

Bitcoin vs Gold: Peter Brandt Asks Peter Schiff to Put Things in Broader Perspective

April 8, 2024 0

Veteran trader and renowned chartist Peter Brandt has urged gold bug Peter Schiff to “put things in a broader perspective” when comparing gold to bitcoin. Schiff ramped up his criticism of the crypto this week […]

Grayscale Removes Cardano From Its Crypto Large Cap Fund
Finance

Grayscale Removes Cardano From Its Crypto Large Cap Fund

April 7, 2024 0

Grayscale Investments has removed cardano from its Digital Large Cap Fund. The crypto fund now holds bitcoin, ethereum, solana, XRP, and avalanche. The crypto asset manager also adjusted the holdings of its Smart Contract Platform […]

US Bitcoin ETFs Bounce Back With $569.4M in Net Inflows After Initial Dip
Finance

US Bitcoin ETFs Bounce Back With $569.4M in Net Inflows After Initial Dip

April 6, 2024 0

Spot bitcoin exchange-traded funds (ETFs) concluded the week on an upbeat note, securing $203 million in positive inflows on Friday, as per the latest data. Despite an initial setback of $84.7 million in net outflows […]

Blackrock Adds Citi, Goldman, UBS, Citadel as Bitcoin ETF’s Authorized Participants — IBIT Holdings Near 260K BTC
Finance

Blackrock Adds Citi, Goldman, UBS, Citadel as Bitcoin ETF’s Authorized Participants — IBIT Holdings Near 260K BTC

April 6, 2024 0

Blackrock, the world’s largest asset manager, now has nine authorized participants for its spot bitcoin exchange-traded fund (ETF), the Ishares Bitcoin Trust (IBIT). They include JPMorgan Securities, ABN Amro, UBS Securities, Goldman Sachs, Citigroup, and […]

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