Tag: AMEX:FBTC
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Ethereum Nears $4K, Bitcoin ETFs Hold Over 1 Million BTC, and More Crypto News
Bitcoin ETFs reach milestone of 1 million bitcoins held For the first time, Bitcoin ETFs worldwide have surpassed the milestone of 1 million bitcoins held, according to Bold.report. US ETFs lead, with the Grayscale ETF (AMEX:GBTC) holding around 292,000 BTC. Following are BlackRock (NASDAQ:IBIT) and Fidelity (AMEX:FBTC), with significant recent transaction volumes, consolidating the growing…
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Expectations on Ethereum ETFs’ Imminent Decision; Updates on Gala Games Hack, and More Crypto News
High expectations before the SEC’s decision on Ether ETFs The SEC has requested updates to the 19-b4 filings for Ethereum ETF candidates, boosting optimism for future approvals. As the deadline for the decision on Ether ETFs approaches, the market is anxious. In response, volatility in the cryptocurrency market increases, with mixed expectations about the outcome.…
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Ethereum ETFs Decision Nears, Peter Mintzberg Named New Grayscale CEO, and More Crypto News
Imminent SEC decision on Ethereum ETFs generates cautious expectations The SEC is set to issue a new decision on Ethereum ETFs this week, with mixed expectations among experts. Despite recent concerns, including Grayscale decisions that have strained the market, the expectation is that the SEC might finally start accepting exchange-traded funds in stages. VanEck and…
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Bitcoin Hits $67K, US Faces Crucial Vote on Crypto Regulation, and More
Bitcoin reaches $67k on Friday after institutional drives and regulatory expectations On Friday, Bitcoin’s price (COIN:BTCUSD) experienced a strong recovery, surpassing US$ 67,000 after a brief drop below US$ 65,000 the previous day. Bitcoin’s price was currently around US$ 67,160, with a 3% increase over 24 hours. The recovery was fueled by several positive entries…
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Bitcoin Hits $65,000 with US Inflation Drop, Circle Plans Move to US, and More Crypto News
Circle plans relocation to the US, potentially eyeing IPO The issuer of the stablecoin Circle (COIN:USDCUSD) is planning to move its legal base from Ireland to the United States, a surprising move given the tax benefits in Ireland, as reported by Bloomberg on May 15. The company has already started the necessary legal process in…
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Buterin Proposes New Ethereum Fee Model, Unofficial Gamestop Memecoin Soars, and More Crypto News
Unofficial Gamestop memecoin reaches $100 million market cap The memecoin Gamestop.Finance, an unofficial parody on Solana based on GameStop (NYSE:GME), briefly hit a $100 million market cap due to a trading frenzy, reaching a peak of $0.01449. At the time of writing, GME has increased by 2,109% in a week and is trading at $0.01234,…
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Inactive BTC Wallets Transact $62.8 Million, Degen Chain Faces Shutdown, and More Crypto News
Bitcoin wallets inactive for a decade move $62.8 million Two Bitcoin wallets (COIN:BTCUSD), inactive for over ten years, activated on Sunday (12) to transfer a total of 1,000 BTC, which corresponds to over $62.8 million at current prices. The addresses, which received 500 BTC each on September 12, 2013, when the value of Bitcoin was…
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Weekly Surge for Render and Toncoin, US Bancorp Expands Bitcoin ETF Investments, and More in Crypto
Sudden Bitcoin drop after unfavorable economic data and comments from the Dallas FED The price of Bitcoin (COIN:BTCUSD) dropped by -4.1% over the past 24 hours, trading at $60,480, reversing a peak that led the cryptocurrency to reach $63,500. This volatility was triggered by below-expectation US economic data and concerning statements from Dallas Fed President…
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Coincheck’s Nasdaq Listing Plans, FTX’s 118% Creditor Refunds, and Latest Crypto News
Coincheck prepares Nasdaq listing via SPAC, following in Coinbase’s footsteps Coincheck is on track to become the second cryptocurrency exchange to be publicly listed in the US, joining Coinbase Global (NASDAQ:COIN). The company plans to finalize its listing on Nasdaq in the second or third quarter of this year through a merger with SPAC Thunder…
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Tellor Tributes Skyrocket 104% in May, Marathon Digital Set to Enter S&P SmallCap 600, and More Crypto News
Tellor Tributes surges over 100% in May In May, Tellor Tributes (COIN:TRBUSD), a decentralized oracle network, saw impressive growth, nearly doubling its market capitalization at the beginning of the month. Tellor’s market value surged from $143.32 million on April 30 to $290.3 million on May 7. This increase is associated with growth in whale activity…