New Year’s ETF Action: Bitcoin and Ether Funds Close 2024 With Modest Gains
On New Year’s Eve, the spotlight was on spot bitcoin (BTC) and ether (ETH) exchange-traded funds (ETFs), which ended the...
Finance
KULR Does Not Cool Down: Acquires $21 Million Worth of Bitcoin
KULR, a company adopting a bitcoin-first strategy, has recently acquired $21 million worth of BTC as part of its accumulation...
Crypto Market Reached Record High of $3.91 Trillion in 2024, According to Binance Research
The crypto market surged to record levels in 2024, driven by institutional adoption, resulting in a new all-time high for...
Bitcoin ETFs Bleed $242M, Blackrock Takes a $332M Hit in Massive Outflow
U.S.-based spot bitcoin exchange-traded funds (ETFs) experienced a downturn on Thursday, with a hefty $242.30 million in outflows draining from...
From Crypto to Wall Street: Crypto.com Takes on Stock Trading
According to the crypto firm Crypto.com, individuals in the United States can now trade stocks and exchange-traded funds (ETFs) on...
One of America’s Oldest Investment Banks Sees Bitcoin Soaring to $225K
An analyst from H.C. Wainwright & Co., one of America’s most established financial institutions, anticipates an exhilarating year for bitcoin,...
Holiday Bitcoin Rollercoaster: QCP Capital Teases Major January Trigger
QCP Capital observes that bitcoin (BTC) has faced erratic price fluctuations, largely attributed to the thin liquidity during the holiday...
Genius Group Advances Bitcoin-First Strategy, Accumulates 319.4 BTC Through New Purchases
Genius Group, an AI-based educational tech company, has purchased $10 million worth of bitcoin to further its “bitcoin first” strategy....
Bitcoin Boom Goes Mainstream—Blackrock’s IBIT Becomes the Fastest Growing ETF of All Time
On Monday, Bloomberg spotlighted Blackrock’s Ishares Bitcoin Trust, or IBIT, as the “greatest launch” in exchange-traded fund (ETF) history. Bitcoin...
Bitgo CEO Highlights Shift Toward Bitcoin Among Companies
Mike Belshe, CEO of Bitgo, a cryptocurrency services provider, has highlighted the growing interest among companies in adopting bitcoin as...
Bitwise Pursues Approval for Groundbreaking Bitcoin Standard Corporations ETF
Bitwise, one of the largest asset managers in the U.S., has filed for clearance to launch an ETF tracking the...
Frax Finance Eyes Blackrock’s BUIDL Token as Next-Gen Reserve Asset
Frax Finance, the issuer of the stablecoin frax usd (FRAX), which currently holds the ninth spot among fiat-pegged tokens by...
Fidelity and Ark Lead the Way as Bitcoin ETFs Surge
Thursday’s rally was a welcome change after four consecutive days of total daily net outflows. Post Christmas Rally Snaps Four-Day...
Swiss-Based Hashgraph Group Secures License to Launch $100M Web3 Fund
The Hashgraph Group has obtained a fund management license from the Abu Dhabi Global Market (ADGM) enabling it to launch...
3 Crypto Titans—Blackrock, Grayscale, and Fidelity—Dominate 85% of US Bitcoin ETF Reserves
Eleven months and thirteen days ago, the U.S. welcomed its first spot bitcoin exchange-traded funds (ETFs) into the fold of...
Q3 VC Funding: AI/ML Holds Strong, Fintech and Web3 See Significant Growth
The Pitchbook report shows artificial intelligence and machine learning continued to dominate early-stage venture capital investment in the third quarter...
Crypto Hedge Funds Are Quietly Getting Debanked, Survey Shows
Coinbase’s Chief Legal Officer issued a rallying cry to the industry, demanding answers after the survey results were published. Operation...
Bitcoin Scarcity Could Fuel $1.5M Price, Cathie Wood Declares
Investor Cathie Wood anticipates a flurry of mergers and acquisitions (M&A) among startups as regulatory changes accompany the Trump administration,...
Tokyo-Based Metaplanet Secures $60.6 Million for Bitcoin Treasury
Japanese investment firm Metaplanet Inc. has raised $60.6 million (9.5 billion yen) through two bond issuances to bolster its bitcoin...
A Crypto First: Hybrid Spot Bitcoin-Ethereum ETFs From Hashdex and Franklin Templeton Approved by SEC
The U.S. Securities and Exchange Commission (SEC) has given the green light to two cryptocurrency index exchange-traded funds (ETFs) from...
Crypto Resilience: ETFs Attract Millions Despite Market Woes
On Wednesday, Dec. 18, the 12 spot bitcoin (BTC) exchange-traded funds (ETFs) attracted $275.39 million in positive inflows, even as...
Crypto ETF Frenzy: Blackrock Dominates With Colossal $741M Bitcoin Inflow
Bitcoin and ethereum exchange-traded funds (ETFs) had a smashing day on Tuesday, gobbling up a collective total of $638.69 million...
