BlackRock’s Head of Digital Assets, Robert Mitchnick, believes Bitcoin adoption is still in its early stages. Mitchnick stated this in a recent interview, where he highlighted his firm’s performance in...
Deribit, the leading platform for Bitcoin and Ethereum options, is evaluating strategic opportunities, including a potential sale. With a valuation between $4 billion and $5 billion, the platform has partnered...
Scott Bessent, President-elect Donald Trump’s nominee for Treasury Secretary, has faced scrutiny over his crypto investments. Bessent’s financial disclosures show he holds up to $500,000 in BlackRock’s Bitcoin ETF (IBIT)...
Ripple President Monica Long has stated the company’s new stablecoin, Ripple USD (RLUSD), will launch on more platforms soon. In a recent interview with Bloomberg, Long highlighted the momentum behind...
Singapore has solidified its position as a leading hub for the crypto market, issuing 13 new crypto licenses to digital asset firms. This marks a twofold increase from the previous...
U.S. spot Bitcoin ETFs, launched just eleven months ago, have reached $50.6 billion in cumulative net inflows as of December 11th. This translates to 500,000 BTC, given Bitcoin’s current market...
Following the U.S. presidential election, Bitcoin exchange-traded funds (ETFs) experienced a surge in capital inflows, signaling increased institutional interest in these investment products. Data compiled since Election Day, November 5,...
Brad Garlinghouse, CEO of Ripple, emphasized the remarkable success of U.S. spot Bitcoin exchange-traded funds (ETFs), describing them as the most successful ETFs in the nation’s history. He criticized skeptics...
The U.S. market for Bitcoin ETFs is expanding, fueled by investor optimism about President-elect Donald Trump’s crypto policies. According to a Bloomberg report, Bitcoin ETFs led by BlackRock Inc. and...
Bitcoin ETFs saw significant outflows on Monday, ending a five-day inflow streak. This shift in the crypto market saw total outflows of approximately $438.4 million, suggesting a change in investor...
Dan Gallagher, Robinhood’s Chief Legal Officer, has withdrawn from consideration for the U.S. Securities and Exchange Commission (SEC) chair position. Once regarded as the top contender to replace Gary Gensler,...
South Korea has kept its crypto regulations in check yet again when it banned Bitcoin spot and futures ETFs thereby blocking funds that invest in virtual asset companies like Coinbase....
Bitcoin is surging after the CFTC approved spot Bitcoin ETF options. This decision marks a significant step for the cryptocurrency market. Now, the Office of the Comptroller of the Currency...
Bitcoin has been breaking records on multiple fronts in the past few days as it surges toward the much-anticipated $100K price target. On Tuesday, Bitcoin reached an all-time high of...
Bitcoin spot ETFs experienced a dramatic surge in inflows on November 11, attracting a total of $1.11 billion, marking the second-largest single-day inflow on record since their launch. This increase...
US spot Bitcoin ETFs saw massive outflows on November 4th, with investors withdrawing $541 million in a single day. This marks the second-largest single-day outflow since these funds launched, just...
The State of Michigan Retirement System is increasing its crypto investments with a new position in Ether-based exchange-traded funds (ETFs). An SEC filing reveals that Michigan’s pension fund now owns...
Bitcoin ETF inflows surged to $900M, driving the price higher and signaling increased institutional interest in the crypto market. Bitcoin saw a notable surge this week as inflows into Bitcoin...
Jeff Park, Head of Alpha Strategies, says that, unlike in traditional finance, the crypto derivatives market is much smaller than the spot market, accounting for less than 5% of it....
A group of Japanese financial firms, including trust banks, crypto exchanges, and brokerages, wants discussions about exchange-traded funds (ETFs) for crypto assets in Japan to center on Bitcoin and Ether....
BlackRock’s Bitcoin exchange-traded fund (ETF) experienced a surge in demand. The total market capitalization for spot Bitcoin ETFs surpassed $63 billion this week, with nearly $20 billion in net inflows....
The Securities and Exchange Commission has given the green light for the New York Stock Exchange (NYSE) to begin trading options on Spot Bitcoin Exchange-Traded Funds. This approval will allow...
Bitcoin ETFs have seen remarkable inflows, marking an unusual gain in institutional investments. ETFs from issuers like BlackRock, Fidelity, and Ark have experienced fluctuations, with net flows hitting record levels,...
The Financial Services Commission (FSC) in South Korea will take important steps to shape the country’s cryptocurrency landscape. According to Cryptoquant Founder Ki Young Ju, this includes discussions about allowing...
U.S. spot Bitcoin ETFs saw significant outflows on Tuesday, October 1st, as Bitcoin dropped below $61,000 due to rising tensions in the Middle East. Data from Farside Investors indicates that...