U.S. spot Bitcoin exchange-traded funds (ETFs) have reached a significant milestone, surpassing the Bitcoin holdings of the cryptocurrency’s creator, Satoshi Nakamoto. Since launching spot Bitcoin ETF trading in January, these ETFs have accumulated over 1.1 million BTC, marking the first time they’ve outpaced Nakamoto’s holdings, according to Bloomberg ETF analyst ... Read more
Solana’s decentralized exchanges (DEXs) reached a new peak, crossing $5 billion in daily trading volume for three days straight, a first for the blockchain. Throughout the week from November 10 to 16, the total trading volume amassed a substantial $15.9 billion, per DeFiLlama data. Raydium, one of the network’s key ... Read more
The market cap of Bitcoin is closing in on a key level regarding the potential to shake up the rest of the cryptocurrency market. In a recent X post, Egrag Crypto pointed out that BTC dominance is in the process of retesting its breakout level which could be a big ... Read more
Crypto ETFs have become a key battleground for asset managers like BlackRock, especially as the company navigates the growing yet uneven landscape of Bitcoin and Ethereum funds. Recently, BlackRock’s head of digital assets, Robert Mitchnick, acknowledged that the Ethereum ETF (ETHA) has underperformed compared to its Bitcoin counterpart (IBIT). However, ... Read more
The U.S. Securities and Exchange Commission has given Nasdaq the green light to list and trade options on BlackRock’s spot Bitcoin exchange-traded fund. This development means a major stride toward larger options for institutional and individual investors in cryptocurrency trading on Bitcoin options. Commenting on the timing of the delay, ... Read more
In the latest evaluation of Bitcoin ETFs, Jim Bianco, the CEO of Bianco Research, gave a rather gloomy analysis of their place in the global cryptocurrency adoption spectrum. Nevertheless, the fact that Bianco has pointed out that the initial enthusiasm is the turning point of success shows the potential of ... Read more
