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Search Results for: etfs

Ethereum Eyes Rebound Amid Prolonged Consolidation Phase

Glassnode statistics shows that the number of active validators on the Ethereum Proof-of-Stake (PoS) network reached a year-to-date low on January 12th. Decline started on January 4th, coinciding with a record-breaking 17,821 validators willingly leaving the network’s validator pool. This pattern surfaced the day after leading crypto investment services firm

January 16, 2024 2 mins read

Blockchain Futurist Conference this August 13-14, 2024 to Showcase the Future of Bitcoin, Web3, and Cryptocurrency in Toronto, Canada

The 6th Annual Blockchain Futurist Conference, Canada’s largest and longest-runningblockchain event, is set to make its grand return at the Rebel Entertainment Complexand Cabana in Toronto, Canada, on August 13-14, 2024. Renowned for being one of theworld’s longest-running mega conferences in the Web3 sector, this year’s eventpromises an even more

January 16, 2024 2 mins read

Ethereum (ETH) Has a New Rival That Can Be Just as Big and Is Priced at Just $0.08 Right Now

Ethereum (ETH) is one of the world’s most popular and influential cryptocurrencies, powering a vast network of decentralized applications (DApps) and smart contracts. However, Ethereum is not without its challenges, such as scalability, high fees, and environmental impact. As the crypto space evolves, new alternatives emerge that aim to address

January 16, 2024 4 mins read

South Korea Eyes Regulation for Crypto Mixers Amidst Rising Concerns

Cryptocurrency mixers or blenders, are infamous for their involvement in money laundering; South Korea is considering regulating them in an effort to curtail illegal financial activity. Concerned about criminal groups’ abuse of crypto mixers, the nation’s Financial Intelligence Unit (FIU) is considering potential solutions. Importantly, this action is being taken

January 15, 2024 2 mins read

Bitcoin Consolidates Post Correction as ETF Momentum Fades

The newly issued iShares Bitcoin Trust ETF (IBIT) from financial behemoth BlackRock is being promoted in a subtle and unobtrusive manner, which is a departure from the norm. Some may find it dull, but experts in the field think it might be the key to luring the wealthy group. A

January 15, 2024 2 mins read

Michael Saylor Issues Warning on Rising Bitcoin Frauds

In light of the increasing number of frauds utilizing Bitcoin, Michael Saylor, Chairman of MicroStrategy Incorporated, has delivered an emphatic caution to the crypto community. A twitter post made public by Saylor reveals that MicroStrategy and his fame are often used to defraud individuals. Also, according to the Chairman, whose

January 14, 2024 1 min read

Ark Invest’s Cathie Wood Slams Vanguard Over Bitcoin ETF Snub

The U.S SEC’s approval of the Bitcoin ETF was a watershed decision. Having said that, Vanguard has maintained its firm position on not offering Bitcoin ETF trading. This action has been deemed “terrible” by Ark Invest founder Cathie Wood. Ark Invest CEO Cathie Wood has criticized Vanguard for their unwillingness

January 14, 2024 2 mins read

Peter Schiff Raises Concerns as Bitcoin Tumbles Post ETF Launch

A dramatic fall in Bitcoin’s value occurred after the landmark launch of 11 Bitcoin ETFs in the U.S caused considerable volatility in the crypto market. Famous crypto critic and economist Peter Schiff is worried about Bitcoin’s future, especially for those who have invested in these new ETFs. Bitcoin’s value fell

January 13, 2024 2 mins read

Bitcoin Faces Severe Selling Pressure as Downtrend Intensifies

Bitcoin is still under severe selling pressure after the approval of the Bitcoin ETF. Over the last several hours, the price of Bitcoin has fallen by 8%. Since the U.S. SEC authorized eleven spot Bitcoin ETFs on January 10, the price of Bitcoin (BTC) has been falling, which has surprised

January 13, 2024 2 mins read

MicroStrategy Co-Founder Michael Saylor Sells $20M in Shares

Before the U.S. SEC recently approved ETFs which allowed direct investing in Bitcoin, MicroStrategy co-founder Michael Saylor sold shares in a number of different offerings. In the days leading up to the SEC approval (January 2–January 10), Saylor sold 3,882–5,000 shares, according to Bloomberg data. This was Saylor’s first sale

January 13, 2024 2 mins read