Revolut Says It Will Launch a Crypto Exchange
A client in the UK has reportedly received an email stating that Revolut, a fintech company, is currently in beta testing for a cryptocurrency exchange targeting experienced traders.
Tron Announces Plans to Develop L2 Solution for Scaling Bitcoin
Justin Sun, founder of the Tron Foundation, has announced plans to create a Tron-based L2 network to help scale Bitcoin.
75% of New Investments Go to Bitcoin ETFs
Just one month after approval by the United States Government on January 11, an estimated 75% of new investments in Bitcoin have come from the 10 newly approved spot Bitcoin exchange-traded funds.
Cryptos’ Market Cap Near $2T
Bitcoin has seen a 22% increase since the start of 2024. On February 15, its price hit $52,000 and the overall cryptocurrency market capitalization reached $2 trillion.
Daily Inflows into Bitcoin ETFs Reach Record Level
On February 13, the inflow of assets into spot Bitcoin exchange traded funds (ETFs) reached $631.2 million.
Court Allows Genesis to Liquidate $1.3B of GBTC Shares
The bankruptcy court has granted permission for Genesis Global Holdco to sell approximately $1.3 billion worth of shares from Grayscale Bitcoin Trust (GBTC).
