Browsing Category
Finance
Fidelity’s FBTC Gains Ground, Absorbing Over 1,000 BTC Amid Wednesday’s $123M Inflow
U.S. spot bitcoin exchange-traded funds (ETFs) garnered $123.7 million in positive inflows during Wednesday’s trading. Grayscale’s Bitcoin Trust (GBTC) experienced a decline in its bitcoin holdings, decreasing from…
Read More...
Read More...
10 US Bitcoin ETFs Amass Over 519,000 BTC, With Blackrock Leading at 50.81%
The latest data reveals that Blackrock’s spot bitcoin exchange-traded fund (ETF) has increased its bitcoin portfolio, now encompassing 263,937.48 bitcoins valued at $17.88 billion. Spot Bitcoin ETF Reserves Reach New Heights…
Read More...
Read More...
Hong Kong’s ZA Bank to Offer Custody Accounts for Stablecoin Issuers
ZA Bank, a virtual bank in Hong Kong, will offer cash custody accounts for institutions that want to issue stablecoins. The organization is in talks with several parties seeking to issue their stablecoins, and this service would be…
Read More...
Read More...
Bitcoin vs Gold: Peter Brandt Asks Peter Schiff to Put Things in Broader Perspective
Veteran trader and renowned chartist Peter Brandt has urged gold bug Peter Schiff to “put things in a broader perspective” when comparing gold to bitcoin. Schiff ramped up his criticism of the crypto this week as the price…
Read More...
Read More...
Grayscale Removes Cardano From Its Crypto Large Cap Fund
Grayscale Investments has removed cardano from its Digital Large Cap Fund. The crypto fund now holds bitcoin, ethereum, solana, XRP, and avalanche. The crypto asset manager also adjusted the holdings of its Smart Contract Platform…
Read More...
Read More...
Blackrock Adds Citi, Goldman, UBS, Citadel as Bitcoin ETF’s Authorized Participants — IBIT Holdings…
Blackrock, the world’s largest asset manager, now has nine authorized participants for its spot bitcoin exchange-traded fund (ETF), the Ishares Bitcoin Trust (IBIT). They include JPMorgan Securities, ABN Amro, UBS Securities,…
Read More...
Read More...
Paradigm Tries Again at Crypto: Seeks to Raise at Least $750 Million to Launch New Fund
Paradigm, one of the largest venture capital firms in the crypto space, is gearing up to reenter the crypto VC arena. According to reports, the firm is in talks with third parties to launch a $750 – $850 million crypto-focused…
Read More...
Read More...
10 Spot Bitcoin ETFs Now Hold Over 507,000 BTC, Securing 2.57% of Circulating Supply
On Wednesday, the U.S. spot bitcoin exchange-traded funds (ETFs) saw a modest uptick in positive inflows, amassing a total of $113.5 million across a trading volume of $2.31 billion. The group of ten spot bitcoin ETFs, excluding…
Read More...
Read More...
Hokkoku Bank Launches Tochika, Japan’s First Deposit-Backed Stablecoin
Hokkoku Bank, a regional financial institution in the Ishikawa prefecture, launched Tochika, Japan’s first deposit-backed stablecoin. Customers of the bank will be able to purchase the currency using Tochitsuka, an app developed by…
Read More...
Read More...
US Bitcoin ETFs See $85.7M Outflow After 4 Days of Gains; Grayscale’s GBTC Leads the Dip
After four days of consecutive inflows, the U.S. spot bitcoin exchange-traded funds (ETFs) experienced a downturn, with $85.7 million flowing out during Monday’s trading hours. U.S. Spot Bitcoin ETFs’ Momentum Halted With…
Read More...
Read More...