BlackRock has recently updated its filing with the Securities and Exchange Commission (SEC), indicating its intention to purchase spot Bitcoin ETFs for its Global Allocation Fund (MALOX). The March 7 filing states that MALOX may acquire shares of BlackRock’s spot Bitcoin ETF, IBIT, and ETFs offered by other issuers, with the fund exclusively investing in […]
Bitcoin (BTC), which saw remarkable gains in the last weeks of February, has been hovering above $67K for the past 48 hours. Behind BTC’s recent market rally are spot Bitcoin ETFs, which are netting substantial inflows into their funds. As the market is gripped with bullish sentiment, miners have earned $75.9 million in daily revenue, […]
This week, we take a closer look at Ethereum, Ripple, Cardano, Solana, and Binance Coin. Ethereum (ETH) Ethereum was impressed with another excellent performance this week, which increased by 15%. The price is now only 23% from the all-time high. After BTC broke its ATH, it seems ETH may be the next major cryptocurrency to […]
TL;DR Shiba Inu (SHIB) experienced a substantial 250% price surge over two weeks, with its market cap exceeding $25 billion, driven by more activity and interest in its ecosystem. Developments such as an increase in token burning and the growth of Shibarium are key factors behind the surge, positioning SHIB for potential further gains. Shiba […]
The National Police Agency of South Korea is calling for help with extraditing Do Kwon shortly after a Montenegro court refused to send him to the United States. Per a report from local outlet Newsis, the agency sent a telegram to the Secretariat of the International Criminal Police Organization (Interpol) on Thursday. “We hope for […]
Fetch.AI’s native token, FET, has witnessed a 360% since 2023, with a notable rise from $0.6 to an all-time high of $2.84, which was partly driven by the v0.17 update in early February. As a result, FET briefly entered the list of the top 50 crypto assets market cap before sliding two positions down. The […]
Bitcoin ETFs are receiving increased interest from investors as their preference shifts towards BTC over traditional investments such as gold, even though both assets have recently hit new all-time highs (ATHs). On Tuesday, Bitcoin skyrocketed above $69,000, momentarily establishing a new record before experiencing a notable pullback. Bitcoin Surpasses Gold in ETF Inflows Traditionally viewed […]
A lot happened in the crypto markets in just a day, as Bitcoin surged once again, tapped a new all-time high, but was violently rejected, pushed down by ten grand, and is now trying to recover most losses. The altcoins joined the wild ride, but some have marked impressive gains on a daily scale now, […]
TL;DR Binance adds new loanable assets, while planning to delist 16 margin trading pairs soon. These changes come amid price drops for some cryptocurrencies and overall market corrections, following recent Bitcoin price volatility. The world’s leading cryptocurrency exchange – Binance – continues to make amendments to its platform to enhance user experience and respond to […]
March 5 was not just the day that Bitcoin made an all-time high in USD; it was also the day that the new spot ETFs hit record trading volumes. The new ten Bitcoin ETFs did $10 billion in trading volume on Tuesday, smashing the previous record set on Feb. 28, reported Bloomberg ETF analyst Eric […]