Today, Bitcoin (BTC) experienced a notable uptick, gaining 4.3% in the past 24 hours and reaching $63,422. This surge comes ahead of the eagerly anticipated release of macroeconomic data from the United States later this week. Despite recent volatility, Bitcoin managed to maintain its position above the crucial $62,800 support
HashKey Capital, a prominent player based in Hong Kong in virtual asset management, has secured a Type 4 license from the Securities and Futures Commission (SFC). This license, identified as BOP237, distinguishes HashKey Capital as a pioneering licensed corporation capable of offering both securities and virtual asset management and advisory
Disclosures from major institutions and banks regarding their investments in spot Bitcoin ETFs have emerged after the first quarter ended. Noteworthy are the disclosures from industry giants such as JP Morgan and Wells Fargo on Friday. According to data, banking giant JPMorgan Chase holds spot Bitcoin ETFs issued by BlackRock,
The Bitcoin network has hit a monumental milestone, processing its one billionth transactions. This historic event took place as transaction 1,000,000,000 was mined into block 842,241 on May 5, as per data from Clark Moody’s Bitcoin dashboard. Since Satoshi Nakamoto mined the network’s first block on January 3, 2009, Bitcoin
Bitcoin’s (BTC) price took a significant hit, dipping below the $60,000 mark and settling around $57,000 amidst concerns of further decline. The downturn was worsened by substantial outflows from US spot Bitcoin ETFs, exceeding $500 million on May 1st. This sell-off intensified following the Federal Reserve’s (Fed) announcement, led by
Last week, there was a notable divergence in Bitcoin Exchange-Traded Funds (ETFs) fortunes, as observed in both the United States and Hong Kong markets. In the United States, the trend of negative net inflow continues to persist, marking a challenging period for Bitcoin ETFs. Data reveals that the net inflow
As the crypto market shifts towards an uptrend and Bitcoin ETFs gain momentum, Australia is poised to ride the bullish wave in the crypto market with the imminent launch of Bitcoin exchange-traded funds (ETFs). This announcement follows in the footsteps of the US and Hong Kong lead; prominent issuers like
Bitcoin (BTC) surged past the $71,000 mark, marking a strong start to the week following a brief dip in prices last week. The renewed bullish sentiment has been fueled by increased investor interest, with net inflows into Bitcoin exchange-traded funds (ETFs) again turning positive. According to Spot on Chain’s report,
BlackRock’s spot Bitcoin ETF is poised to overtake the Grayscale Bitcoin Trust (GBTC) in terms of Bitcoin holdings within the next few weeks. As of March 22, BlackRock’s ETF holds approximately 243,126 Bitcoin, valued at $15.48 billion, with a steady daily inflow of around $274 million. On the other hand,
Bitcoin (BTC) has displayed a notable downturn, succumbing to pressures as it dropped by a significant 7% today, March 20. This downward spiral marks the second consecutive day of outflows for Bitcoin ETFs, with $326 million exiting the market, more than doubling the previous day’s figures. The BTC price decline
