[ad_1] Bitcoin spot trading volumes on centralized exchanges returned to peaks last seen when FTX crashed amid daily sustained demand for ETFs investing in crypto’s top currency. Trading volumes for spot Bitcoin (BTC) skyrocketed to a 16-month high on Feb. 28, with $34 billion worth of cumulative trades on CEXs, according to Kaiko data. Binance … Read more
[ad_1] The ten spot bitcoin ETFs have arguably had one of the most successful launches in history with trading volume and inflows reaching new highs this week, but Bitwise Chief Investment Officer Matt Hougan expects even more demand is on the way.
[ad_1] Victoria, Seychelles, February 29th, 2024, Chainwire Bitget, the leading cryptocurrency exchange and Web3 platform, is thrilled to announce the listing of Portal, a groundbreaking platform set to transform the Web3 gaming experience, in its Innovation and GameFi Zone. Portal is designed to simplify the discovery and engagement with Web3 games, providing a seamless, frictionless … Read more
[ad_1] On Wednesday, crypto exchange Gemini announced that it had agreed with the New York State Department Of Financial Services (NYDFS) to return over $1 billion to the Earn Program Customers. Repayment Of All Customer At Today’s Prices On February 28, Gemini Trust Company, founded by the Winklevoss twins in 2014, announced it reached a … Read more
[ad_1] BlackRock unveiled its partnership with Brazil’s B3 stock exchange to launch the iShares Bitcoin Trust ETF’s Brazilian Depositary Receipts on Thursday. The impending launch marks BlackRock’s first foray into the Brazilian cryptocurrency ETF market, with trading set to commence for qualified investors on Friday. The ETF, initially introduced in the United States in January, … Read more
[ad_1] Whether it even needs to bother is another question. Bloomberg analyst James Seyffart noted Thursday that one of Vanguard’s ETFs, VOO, which tracks the S&P 500 Index, has attracted $15.7 billion in net new money so far this year, double what BlackRock’s spot bitcoin ETF, IBIT, has collected.
[ad_1] Los Altos, CA, February 29th, 2024, Chainwire The GEODNET Foundation, the organization governing the blockchain-based global navigation network GEODNET, is excited to announce the completion of a $3.5 million seed funding round. The round was led by North Island Ventures, with participation from Modular Capital, Road Capital, Tangent, Reverie, and select angels, who join … Read more
[ad_1] Asset manager Grayscale is reportedly pressing the US Securities and Exchange Commission (SEC) to approve options trading on the spot Bitcoin (BTC) exchange-traded funds (ETFs). The move would make the product more accessible to more investors. Grayscale Urges SEC To Approve Options On Bitcoin ETFs According to a Reuters report, in a letter sent … Read more
[ad_1] Read on as we explore the history, value, and potential future price prediction of Pi Network. The Pi Network is a decentralized crypto mining platform that was developed in 2018 by Stanford University alumni Dr. Nicolas Kokkalis and Dr. Chengdiao Fan. The two realized that there were numerous obstacles to crypto accessibility and adoption … Read more
[ad_1] State law enforcement officials from Montana, Arkansas, Iowa, Mississippi, Nebraska, Ohio, South Dakota and Texas filed a joint amicus brief – or friend of the court filing – in the SEC’s suit against Kraken on Thursday, alongside a number of industry lobbyists and other participants.