Bitcoin Price Forecast: Why Is BTC Rallying Today?

coingape.com Bitcoin price forecast: The largest digital asset made another surprise move in the bullish direction on Friday, increasing its market value by 2.6% in 24 hours to $62,988.…

Grayscale fought hard for Bitcoin ETFs. Why it won’t bother with Ethereum

dlnews.com Crypto asset manager Grayscale is unlikely to go to war again for Ethereum. Grayscale famously sued the Securities and Exchange Commission in 2022 in a fight to offer…

IBIT and FBTC ETFs hit $10 Billion AUM in weeks, smashing previous record of three years: analyst

theblock.co BlackRock's IBIT and Fidelity's FBTC passed $10 billion AUM in about 49 and 77 trading days respectively.

Empire Newsletter: How crypto can solve AI’s centralization problem

blockworks.co Why AI needs crypto Crypto is very good at one thing: getting humans to do one thing. This will become incredibly important in an AI world. Technology is deflationary and…

Ethereum April 2024 Headlines: What’s Really Happening with ETH Price Action?

cryptonews.com In this report, we explore and analyze the Ethereum ecosystem and ETH price action in April 2024. Key takeaways: ETH experienced significant price swings in April, reaching…

Bitcoin’s Kimchi Premium Dips by 1.54% amid Market Fluctuation

coinspeaker.com Coinspeaker Bitcoin’s Kimchi Premium Dips by 1.54% amid Market Fluctuation Within the last four weeks, the Bitcoin (BTC) price gap in South Korea, commonly known as the…

Billionaire Bets: 3 Unexpected Stocks Hedge Funds Are Snapping Up

investorplace.com When the smart money talks it often pays to listen Investing in hedge funds is not something the average investor can do. Rules are in place to ensure these investment…

Hong Kong and US ETFs see modest outflows on mixed day

cryptoslate.com Quick Take US ETFs According to the latest Farside data, US Bitcoin exchange-traded funds (ETFs) experienced outflows on May 9, totaling $11.3 million. Notably, the…

Ethereum Spot ETF Dream Dashed? Expert Pessimistic On Approval Prospects

bitcoinist.com Within the cryptocurrency investment space, there has been much debate and conjecture around the possibility of an Ethereum Spot Exchange-Traded Funds (ETFs). However, in…

Grayscale’s Q1 2024 Earnings Take Hit amid Bitcoin ETF Outflows

coinspeaker.com Coinspeaker Grayscale’s Q1 2024 Earnings Take Hit amid Bitcoin ETF Outflows On Thursday, May 9, Grayscale Investments reported its first-quarter earnings which took a hit…

Grayscale Battling Outflows And Lower-Cost ETFs, Q1 Revenue Stays Flat At $156M

newsbtc.com Grayscale Investments, the issuer of one of the recently approved spot Bitcoin exchange-traded funds (ETFs) in the US, saw flat revenues in the first quarter of the year due…

Pantera Capital Backs TON with Record-Breaking Investment

coingape.com Pantera Capital has announced a substantial investment into Open Network (TON), the blockchain network developed by Telegram. This investment is the largest in the firm’s…

Why Spot Ether ETFs Will Likely Have to Wait Until After the Presidential Election to Be Approved

unchainedcrypto.com Ethereum spot exchange-traded funds, or ETFs, are facing a rough month. Final decisions are due on the first generation of ETF applications in late May and are widely…

BlackRock and Securitize Submit Application for Arbitrum’s Program Focused on Real-World Asset Diversification

unchainedcrypto.com Real-world asset (RWA) tokenization firm Securitize Markets submitted an application last week “on behalf of BlackRock” to Arbitrum’s Stable Treasury Endowment Program…

Grayscale’s Quarterly Revenue Stays Flat After Massive Bitcoin Outflows

cryptonews.com Grayscale, the company behind the world’s largest Bitcoin (BTC) ETF, saw flat revenues in Q1 despite non-stop outflows from its world-famous fund throughout the quarter.…

Coingape: Bitcoin, Ethereum, Crypto News and Price Analysis

coingape.com Chicago-based Hedge Fund CTC Alternative Strategies Ltd has disclosed its recent holdings or exposure to Bitcoin as an asset class. In a 13F-HR filing lodged with the United…

US Bancorp, Rothschild firm disclose spot Bitcoin ETF purchases of roughly $20 million in Q1

cryptoslate.com US Bancorp disclosed spot Bitcoin ETF investments worth over $15 million on May 8. The company revealed it purchased roughly 87,744 shares of Fidelity’s FBTC worth $5.4…

How the latest TradFi blockchain trial could mark the ‘five-yard-line’ for mass adoption

blockworks.co The TradFi world has been exploring more ways to use blockchain tech for years now. But the sheer number of financial players involved in the latest proof-of-concept makes…

Corporate America's Great Un-Wokening

businessinsider.com Unilever spent years crafting its image as a corporate goody-two-shoes. The owner of Dove, Vaseline, Hellmann's, and a bunch of other brands axed quarterly reporting and…

SEC Stifling Innovation by Hindering Ethereum’s Potential in Banking: Joseph Lubin

cryptonews.com Ethereum Co-Founder Joseph Lubin launched scathing criticisms against the Securities and Exchange Commission (SEC) on May 9, accusing the regulatory body of deliberately…

The Fed's Faltering Grip on Bankless

bankless.com Outmatched. Troubling US economic data released this morning is suggesting that the Fed has lost control. What are the numbers saying, and how have markets reacted? The…

Bitcoin and Ethereum Prices Tumble as GDP Data Comes In Weaker Than Expected

thedefiant.io The downturn comes as inflows into BlackRock's spot Bitcoin ETF dry up. Crypto markets are trading lower as economic data released Thursday shows the U.S. economy grew…

Just-In: DCG’s Q1 Revenue Rises To $229 Million, Grayscale Revenue Remains Flat

coingape.com Grayscale Investments’ parent firm Digital Currency Group has reported an increase in revenue in the 2024 first quarter. DCG saw an 11% increase in revenue to $229 million,…

How Bill Ackman’s anti-woke crusade paid off

semafor.com The News Bill Ackman’s turn as an anti-DEI provocateur has turned the investor, well-known enough on Wall Street but not far beyond, into a culture warrior. It’s also been…

BlackRock Ups Stake in Allied Irish Banks

tipranks.com has released an update. Allied Irish Banks (AIB Group PLC) has reported that investment management firm BlackRock,...

Where is Crypto on the Product Adoption Curve?

defipm.com Have you ever wondered how new technologies become popular? There's a pattern that many innovations follow, called the product adoption curve, which helps us understand how…

Will stocks set record gains during a Fed interest rate pause?

thestreet.com Analysts suggest stocks may have booked the bulk of their gains amid one of the longest pauses between Federal Reserve interest-rate moves. That means investors are pinning…

2 Reasons to Buy Bitcoin Like There's No Tomorrow

finance.yahoo.com For the past two months, Bitcoin (CRYPTO: BTC) has lived up to its reputation as one of the most volatile assets in the world. After hitting a new all-time high of $73,750…

The Morning Risk Report: More Regulators Eye Whistleblower Award Programs Hoping for Insider Tips

createsend.com Good morning. More than a decade after a global financial crisis and the Bernie Madoff Ponzi scheme led to the establishment of two whistleblower award programs in the U.S.,…

Susquehanna International Group Makes Massive Bitcoin ETF Investment

bitcoinnews.com Susquehanna International Group (SIG), a leading quantitative trading firm, has disclosed a substantial investment in Bitcoin Exchange-Traded Funds (ETFs). The company’s…

Top 3 ‘Forever Cryptos’ to HODL for Long-Term Gains

investorplace.com Savvy investors will capitalize on the current dip, eyeing long-term crypto picks for enduring value in the digital economy Could we be heading towards another crypto crash?…

Bitwise Defies Odd to Emerge as Only Bitcoin ETF with Inflows

coinspeaker.com Coinspeaker Bitwise Defies Odd to Emerge as Only Bitcoin ETF with Inflows The flow situation of spot Bitcoin ETFs seems to be declining daily as Wednesday saw another…

Everything You Need to Know About the VanEck Meme Coin Index

coinpedia.org The post Everything You Need to Know About the VanEck Meme Coin Index appeared first on Coinpedia Fintech News Just when it looked like the meme coin sector could not have…

Corporate America got woke. Now it's having second thoughts

aol.com Unilever spent years crafting its image as a corporate goody-two-shoes. The owner of Dove, Vaseline, Hellmann's, and a bunch of other brands axed quarterly reporting and…

India weighs delaying caps on UPI market share in win for PhonePe, Google Pay

techcrunch.com India’s mobile payments regulator is likely to extend the deadline for imposing market share caps on the popular UPI payments rail by one to two years, sources familiar with…

EU Securities Watchdog Considers Including Crypto in Investment Products, Expanding Market Access

cryptonews.com securities watchdog, the European Securities and Markets Authority (ESMA), is seeking input from stakeholders on the potential inclusion of crypto assets in investment…

Trillion Dollar Business: John Mullin on Potential and Challenges of RWA Tokenization

cryptonews.com Real-world asset (RWA) tokenization is altering the integration of traditional assets into the digital economy. This trend involves converting assets including real estate,…

EU Considers Crypto Integration Into $13 Trillion Investment Market

beincrypto.com The European Union is poised for a significant financial revolution. It is considering including crypto assets in its $12.88 trillion mutual fund framework, Undertakings for…

Bitwise Bitcoin ETF Stands Out With $11M Inflows; Bitcoin Shows No Improvement

coinpedia.org The post Bitwise Bitcoin ETF Stands Out With $11M Inflows; Bitcoin Shows No Improvement appeared first on Coinpedia Fintech News The Bitwise spot bitcoin ETFs managed to get…

Will Tokenized Deeds Push Propy Higher? on Bankless

bankless.com Real estate tokenization platform Propy (PRO) has made monstrous gains in the past two weeks, up 240% to a cycle high of $2.50! What development turned the tide for Propy,…

Outshines Others With $11M Inflows, What’s Next?

coingape.com The crypto market saw a subdued yet positive day, marked by $11.5 million in inflows for Spot Bitcoin ETFs on Wednesday’s. The sole contributor to this uptick was the…

Grayscale CEO Says Spot Ethereum ETF Still On The Cards

coingape.com A day after Grayscale withdrew its application for the Ethereum Futures ETF, CEO Michael Sonnenshien stated they had not given up yet. He stated that Grayscale will continue…

Revolut Expands Offering To 40 Million Users, Introduces Crypto Exchange Services

bitcoinist.com In a significant move into the digital asset space, British banking app Revolut has unveiled Revolut X, a dedicated crypto trading platform for UK retail customers.…

Graffitied skyscraper in downtown Los Angeles poised for sale

latimes.com The partially built Oceanwide Plaza in downtown Los Angeles, which was covered in graffiti this year, has been put up for sale and could be sold by fall. Oceanwide Plaza,…

Why Bitcoin ETF Investors Are Suddenly Buying Back Into Grayscale

decrypt.co The Grayscale Bitcoin Trust bled for 78 straight days, drained of over $17 billion in Bitcoin as investors pulled out their cash. Then suddenly, and seemingly inexplicably,…

Grayscale will focus energies on spot Ethereum products, CEO says

dlnews.com Grayscale Investments will focus on converting its Ethereum trust — the world’s largest — to spot exchange-traded products, CEO Michael Sonnenshein said on Wednesday. “At…

Grayscale Seeks SEC Nod To Introduce ‘Mini’ Ethereum ETF

thedefiant.io If approved, Grayscale's Ethereum Mini Trust would be seeded with Ether from the Grayscale Ethereum Trust. Grayscale Investments, the world’s largest cryptocurrency asset…

Suspicious minds are complicating Asia's financial markets

asia.nikkei.com Henny Sender is the founder and managing partner of Apsara Advisory, a strategic consultancy for financial services companies. She was previously a managing director at…

Mapping the RWA Landscape on Bankless

bankless.com are the talk of the town. Big names like BlackRock are getting into RWAs , Tether is rolling out its , and the numbers are impressive too – RWA tokens reached a record…

US Banks and Mastercard Test Ledger Tech for Settling Tokenized Assets

cryptonews.com Payments giant Mastercard joined several leading U.S. banks on Wednesday to test new distributed ledger technology to enable tokenized asset settlement between its entities.…

Crypto Investment Boom: Over $1 Billion Poured In For Two Straight Months

bitcoinist.com The crypto sector continues to exhibit strong growth and resilience, as evidenced by the consistent influx of venture capital (VC), surpassing the $1 billion mark for the…

Oklahoma anti-ESG law blocked by state judge

aol.com A judge in Oklahoma blocked a state law that prohibits state pension systems from investing with companies that limit investment in the oil and gas industry. Oklahoma County…

EU mulls adding crypto in €12tn investment market bigger than Bitcoin ETFs

dlnews.com The European Union securities watchdog is asking stakeholders whether it should include crypto assets into investment products — a move that could enable crypto to tap a…

TikTok asks court to declare ban unconstitutional

reason.com A new law banning TikTok if it doesn't divorce its parent company is "obviously unconstitutional," TikTok Inc. and ByteDance argue in a new federal court filing. The…

JPMorgan and Visa jump into ambitious tokenisation project in bullish sign for digital ledgers

dlnews.com In a major effort to upgrade the backbone of the global financial system, JPMorgan Chase and Visa have joined a project to test the feasibility of tokenising cash and other…

Assessing the future of Bitcoin ETFs as Grayscale GBTC sees new inflows

ambcrypto.com None U.S. BTC ETFs saw $156 million in outflows last week amidst market drawdown. • None GBTC saw inflows for two days straight as markets improved. The new U.S. Bitcoin…

Crypto Price Prediction 8/5: New Correction Fears Mount as $BTC Reverts From $65,000

coingape.com Crypto Price Prediction: For a majority of major cryptocurrencies, the second of May has witnessed a slight slowdown in recovery as BTC price struggles to sustain above the…