Bitcoin ETFs in the U.S. are quickly coming closer in performance to gold-based ETFs, which paves the way for a potential event that has not yet been seen in the crypto space. By November 23, Bitcoin ETFs had $107 billion in assets, this makes 86% of total gold ETF assets. ... Read more
Eric Council Jr., a 25-year-old from Athens, Alabama, was arrested by the FBI in connection with an unauthorized hack of the U.S. Securities and Exchange Commission’s (SEC) X account, formerly known as Twitter. According to the press release, the incident occurred in January 2024 when Council and his co-conspirators posted ... Read more
Bitcoin is grabbing the headlines as it has recovered from the recent market fluctuations. Currently, BTC changes hands at $61,000, with a huge 24-hour trading volume of $129.04 billion. The market capitalization has reached as much as $1.21 trillion. In the last 24 hours, its price changed by 1.43%, which ... Read more
The influence of exchange-traded funds (ETFs) on the cryptocurrency market is experiencing a significant shift with the contrasting behavior of Bitcoin and Ethereum ETFs. A recent Glassnode report highlights that Bitcoin’s ETF impact is far greater than Ethereum’s, which is indicative of a demand disparity that BTC’s strong position in ... Read more
In a week filled with economic uncertainty, digital asset investment products saw modest inflows totaling $30 million, as detailed in Coinshare’s Weekly Report. This influx reflects how markets are treading cautiously due to recent macroeconomic data that says the Federal Reserve may not add a 50 basis point interest rate ... Read more
