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.
The Bitcoin network has recently seen a rise in transaction fees, with the average reaching over $16 according to a 7-day moving average.
Read MoreKraken has purchased the cryptocurrency division of TradeStation, an online brokerage, in an effort to expand its services in the United States.
Read MoreJust 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.
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.
Grand Cayman, Cayman Islands, February 15th, 2024, Chainwire Wormhole data shows nearly $310 million in assets bridged from Ethereum to Sui over the last month — more than all other blockchains combined. Sui, a Layer 1 blockchain that has experienced explosive growth since its inception nine months ago, is seeing a substantial migration of funds from Ethereum to the Sui […]
On February 13, the inflow of assets into spot Bitcoin exchange traded funds (ETFs) reached $631.2 million.
The bankruptcy court has granted permission for Genesis Global Holdco to sell approximately $1.3 billion worth of shares from Grayscale Bitcoin Trust (GBTC).
The Financial Services Agency of Japan is urging financial institutions in the country to increase their vigilance in monitoring potential illegal transfers to crypto exchange providers.
Open interest for ether options on the Chicago Mercantile Exchange (CME) in February has surpassed January’s figures and is on track to reach an all-time high.
"A purely peer-to-peer version of electronic cash would allow online
payments to be sent directly from one party to another without going through a
financial institution." - Satoshi Nakamoto (Bitcoin White Paper)
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