Chinese Investors Turn to Gold Amid Stock Market Volatility Chinese investors have been flocking to gold as a safe investment option in the face of a turbulent stock market. In 2023, China recorded the highest demand for gold for both jewelry and investment purposes, according to the World Gold Council (WGC). This surge in demand has helped maintain gold prices above $2,000 per ounce. Rising … [Read more...]
Bitget’s Global Survey Reveals Optimistic Outlook for Bitcoin’s Future
A Broad Perspective on Bitcoin's Price A recent international survey conducted by Bitget has shed light on the positive outlook of the crypto market. The survey gathered insights from nearly 10,000 individuals across various regions, including West Europe, East Europe, Southeast Asia, East Asia, MENA, and Latin America. The results showed that more than half of the participants globally … [Read more...]
Why the U.S. Federal Reserve Needs to Catch Up in Developing a CBDC
The U.S. Federal Reserve is falling behind in the race to develop a central bank digital currency (CBDC) compared to its counterparts like the Bank of China. In a recent blog post by the Atlantic Council, a non-partisan American think tank, it was revealed that the Federal Reserve lacks the necessary resources and manpower dedicated to CBDC development and innovation. This raises concerns about … [Read more...]
Charles Schwab Poised to Disrupt Bitcoin ETF Market With Potential Late Entry
Analysts Suggest Financial Giant Charles Schwab May Shake Up Bitcoin ETF Market In the aftermath of an impressive 11-day period where spot bitcoin exchange-traded funds (ETFs) in the U.S. accumulated a trading volume of $25.36 billion, discussions have arisen regarding the potential involvement of Charles Schwab, the American multinational financial services corporation. Bloomberg's lead ETF … [Read more...]
SEC Delays Decisions on Spot Ethereum ETFs Proposed by Blackrock and Grayscale
Introduction The U.S. Securities and Exchange Commission (SEC) has recently announced a delay in its decisions on spot ethereum exchange-traded funds (ETFs) proposed by Blackrock and Grayscale Investments. This delay comes after the SEC's approval of 11 spot bitcoin ETFs, leaving investors eagerly awaiting potential decisions on spot Ethereum ETF proposals. SEC Delays Application by Nasdaq … [Read more...]
Grayscale’s Bitcoin ETF Sees Significant Outflows as Bitcoin Price Dips
Grayscale's Bitcoin ETF Outflows Grayscale's spot bitcoin exchange-traded fund (ETF), known as GBTC, has experienced increased outflows since its recent update. Present data reveals that a substantial 14,292.18 bitcoin, valued slightly above $556 million, exited the fund after Monday's trading activities. Decrease in GBTC Holdings Recent figures indicate a notable decrease in … [Read more...]
Arkham Reveals Onchain Addresses Linked to 4 Major Bitcoin ETFs, Boosting Market Transparency
On January 23, Arkham, a company specializing in onchain intelligence, made an announcement regarding the identification of connected addresses linked to four new spot bitcoin exchange-traded funds (ETFs). These addresses are reportedly associated with fund managers including Blackrock, Fidelity, Bitwise, and Franklin Templeton. 4 ETFs Identified Onchain In a recent post by Arkham Intelligence on … [Read more...]
SEC Admits SIM Swap Attack on Social Media Account
The U.S. Securities and Exchange Commission (SEC) has revealed that its social media account, @SECGov, was compromised in a SIM swap attack. The unauthorized party gained control of the SEC's cell phone number associated with the account and used it to post a false announcement about the approval of spot bitcoin exchange-traded funds (ETFs). Unauthorized Access and False Announcement The … [Read more...]
Grayscale’s Bitcoin Transfer, Blackrock CEO’s Endorsement, Ripple’s Removal, and Elon Musk’s Commitment — Weekly Recap
Grayscale's 4K Bitcoin Transfer Worth $175M Sparks Speculation Blockchain analytics have recently unveiled that approximately $175 million worth of bitcoin, equivalent to 4,000 bitcoins, have been transferred from addresses believed to be under the control of Grayscale's Bitcoin Trust, commonly known as GBTC. Blackrock CEO Larry Fink Believes in Bitcoin Larry Fink, the CEO of Blackrock, … [Read more...]
FDUSD Market Cap Surges by $1 Billion in 30 Days
FDUSD's Market Cap Surpasses $2.6 Billion According to recent statistics, the cryptocurrency asset FDUSD has experienced a remarkable increase in market capitalization, growing by $1 billion since the beginning of the year. Currently, the total supply of FDUSD stands at 2.614 billion, witnessing a substantial 45.7% surge in supply within a span of 30 days. FDUSD Emerges as the Fourth-Largest … [Read more...]
- « Previous Page
- 1
- 2
- 3
- 4
- …
- 18
- Next Page »