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Bitcoin Hovers Over $34K as BlackRock IBTC Ticker Euphoria Fades Out
Growth among most crypto majors seemed to lull as traders likely took profits on gains since the start of this week. Source link
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FTX Founder Sam Bankman-Fried’s Defense May Depend on Character and Fact Witnesses
Weeks ago, Bankman-Fried’s lawyers filed their proposed list of expert witnesses – a roster that included several law experts, a finance professor and a data analytics and forensics specialist. However, Judge Lewis Kaplan, who’s overseeing […]
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Bitcoin’s (BTC) Surging Perpetual Funding Rates Make Arbitrage Trades Attractive
The difference, represented by funding rates (that is, the cost of holding long/short positions in perpetual futures, also called perp premium), has surged above an annualized 10% across major exchanges, including Binance, according to Velo […]
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Bitcoin (BTC) Price Rise Fuelled by U.S. Investors Bolstering Their Position Ahead of Potential Spot ETF Approval: Matrixport
Matrixport notes there are about 420 million- 440 million cryptocurrency owners globally. 260 million are in Asia, 54 million in North America, 38 million in Africa, 31 million in South America and 1.5 million in […]
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Cathie Wood’s ARK Sells Grayscale Bitcoin Trust Holdings, Coinbase for Second Day
Cathie Wood’s fund is continuing to sell crypto-related stocks as the market hits a high not seen since early 2022. Source link
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Coinbase, Bitcoin Miners Extend Gains as BTC Surges on BlackRock ETF Hopes
Shares of Coinbase (COIN), MicroStrategy (MSTR) and Marathon Digital (MARA) surged more than 13% as Bitcoin (BTC) tops $34,000. Source link
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Crypto Wallet Maker Ledger Officially Rolls Out 'Recover,' Unleashing Fresh Round of Snark
Recover involves users’ private keys being encrypted, duplicated and divided into three pieces which are held with three different parties. Source link
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Bitcoin Is Not Gold – Why Spot ETF May Not Be ‘Sell the News’ Event: EY’s Brody
Could be, allowed Brody, but he reminded that bitcoin is an asset that producers can’t supply more of when prices go higher. That’s unlike gold, a competing store of value to bitcoin, where miners amp […]
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Bitcoin Tumbles 3% as BlackRock Spot ETF Ticker Pulled From DTCC Website
Bitcoin fell by more than 3% from $34,500 to $33,400 on Tuesday afternoon after the ticker for BlackRock’s spot bitcoin ETF was removed from the Depository Trust & Clearing Corporation’s website. Source link
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Cathie Wood’s ARK Invest Sells 2% of Grayscale Bitcoin Trust Holdings as BTC Tops $34K
The fund sold 100,739 shares, equivalent to around 2% of ARK’s Next Generation ETF (ARKW) holdings. The sale coincided with bitcoin (BTC) enjoying a bullish surge, which saw it rise above $34,000 for the first […]