Both BlackRock and ARK 21Shares have reduced the fees for their prospective exchange-traded funds (ETFs), following other competitors who announced cutbacks yesterday. The crypto industry is expecting the United States SEC to approve a spot bitcoin ETF as soon as today. After revealing a fee of 30 basis points on
January 10, 2024 1 min read
Cookie3, an attribution and user analytics platform for Web3 marketers, has collaborated with Chainwire, the industry’s leading crypto PR distribution platform. Through the relationship, Chainwire’s customers will get improved user and attribution data for their campaigns, while Cookie3 clients will have access to Chainwire’s best-in-class PR capabilities. Web3 projects may choose the
January 10, 2024 1 min read
The first bitcoin spot exchange-traded fund is awaiting approval or rejection from the U.S SEC, and crypto traders are waiting eagerly with high hopes. Valkyrie Investments, one of the issuers, is expecting a decision soon. Valkyrie Investments co-founder and CIO Steven McClurg stated: “We’re expecting the SEC will deem the
January 9, 2024 2 mins read
The overall Open Interest (OI) in Bitcoin Futures has surged to unprecedented levels, paving the way for what might be a crypto market revolution. Total Bitcoin futures contracts on the CME have reached an all-time high, according to Coinshares Head of Research James Butterfill, who recently released a critical graphic
January 9, 2024 2 mins read
A holding wallet received almost $1.2 million worth of Bitcoin (BTC) from the infamous North Korean hacker unit Lazarus Group recently. Cybersecurity professionals and blockchain specialists are taking notice of this move since it is their biggest transaction in the previous 30 days. Arkham, a blockchain research organization, revealed that
January 8, 2024 1 min read
As anticipated, on Monday, January 8, many applicants for a spot Bitcoin exchange-traded fund (ETF) hurriedly submitted their final Form S-1 modifications to the U.S SEC. It is generally anticipated that the first spot Bitcoin ETFs would be authorized in the United States on January 10, and asset manager Valkyrie
January 8, 2024 1 min read
Avalanche (AVAX) and XRP were added to three of Grayscale’s cryptocurrency funds, while tokens like Polygon (MATIC) were removed, as announced on January 5th. Funds like the Digital Large Cap (GDLC), Smart Contract Platform Ex-Ethereum (GSCPxE), and DeFi are affected by the new allocations, which are a component of Grayscale’s
January 7, 2024 1 min read
Unit bias psychology promotes holding entire units, which might make prospective investors wary of purchasing fractional Bitcoins, says Gabor Gurbacs, an advisor at VanEck. One such answer he proposes is the use of Bitcoin exchange-traded funds (ETFs). Gurbacs said in a series of tweets on Twitter that a lot of
January 7, 2024 1 min read
According to Arthur Hayes, the price of Bitcoin might fall by as much as 40% in March. A week of market chaos is on the horizon, according to a recent post by the ex-CEO of crypto exchange BitMEX. As the first spot Bitcoin ETFs in the U.S are expected to
January 6, 2024 1 min read
The DeFi token Lido DAO (LDO) gained attention because of its spectacular price increase. On January 6, the cryptocurrency reached a new 52-week high of $3.60 and gained more than 15% as per data from CoinMarketCap. Spot On Chain reported on twitter that in the wee hours of Saturday, a
January 6, 2024 1 min read