FBTC’s Record Inflows Eclipse BlackRock’s IBIT
Fidelity’s FBTC spot bitcoin exchange-traded fund made headlines on Thursday with a staggering $473.4 million in daily inflows, nearly doubling BlackRock’s IBIT ETF’s $244.2 million. This significant achievement not only highlighted FBTC’s growing dominance in the ETF space but also marked a 17% increase over its previous record of $404.6 million set just earlier in […]
ETF Volatility: Bitcoin’s Trading Highs and Lows
Last week, the Bitcoin ETF trading scene witnessed remarkable volatility, as trading volumes soared to unprecedented heights, accompanied by a dramatic fluctuation in net inflows. This phenomenon underscores the evolving dynamics of cryptocurrency investments, particularly within the realm of ETFs (Exchange-Traded Funds) in the United States, where investor interest continues to intensify. At the forefront […]
Gemini to Restore $1.1 Billion to Users Amid Genesis Bankruptcy
New York-based cryptocurrency exchange Gemini has set a precedent in the crypto lending space by reaching a preliminary settlement to return a staggering $1.1 billion in digital assets to users of the Genesis Earn program. This move comes as a beacon of hope for investors entangled in the bankruptcy saga of Genesis, a leading crypto […]
Blockchain Technology at Paris Blockchain Week
Paris Blockchain Week 2024 The much-anticipated Paris Blockchain Week 2024 is on the horizon, set to unveil the latest advancements in blockchain technology. This prominent event serves as a platform to explore the potential impact of blockchain on various industries and its role in shaping the future. As a leading blockchain conference, it promises to […]
The Implications of the Escalating US Debt: A Look at Cryptocurrency Markets
US Debt Overview The United States debt is on track to reach a staggering $34 trillion by 2030, with an estimated interest cost of $3 trillion. This escalating national debt poses significant implications for the country’s economy and financial markets. As the federal debt continues to mount, it raises concerns about its potential impact on […]
Bitcoin Price Prediction: Analyzing Recent Price Movements
Analyzing 2024 Bitcoin Price Prediction The upcoming 2024 Bitcoin Price Prediction blog aims to provide a comprehensive analysis of the recent price movements of Bitcoin and Ethereum. This analysis will offer valuable insights into the cryptocurrency market, including Bitcoin price prediction, cryptocurrency price forecast, and Bitcoin value projection. By examining the recent trends in these […]
Roundhill’s Innovative Covered Call Bitcoin ETF Debuts in U.S.
Asset management firm Roundhill Investments has made a significant stride in the U.S. ETF market by launching the first covered call Bitcoin ETF, named the Roundhill Bitcoin Covered Call Strategy ETF (YBTC). This new ETF, trading on the Cboe BZX exchange, represents a novel approach to cryptocurrency investment in the United States. Blending High Income […]
Kraken CEO Optimistic About Spot Bitcoin ETFs’ Impact on Crypto Industry
David Ripley, the CEO of the U.S.-based crypto exchange Kraken, believes that the introduction of spot Bitcoin (BTC) exchange-traded funds (ETFs) will have a positive influence on the cryptocurrency industry. In a recent interview on Bloomberg Crypto, Ripley expressed his optimism regarding the recent approval of spot Bitcoin ETFs by the U.S. Securities and Exchange […]