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Bitcoin
Blackrock’s Bitcoin ETF Single-Handedly Offsets Grayscale’s $600M Outflow — IBIT Now Holds 161K BTC
Blackrock’s spot bitcoin exchange-traded fund (ETF), the Ishares Bitcoin Trust (IBIT), single-handedly offset Grayscale’s bitcoin ETF outflow of $600 million on Thursday. Blackrock’s bitcoin ETF has broken both its…
First Mover Americas: Is Bitcoin Rallying Ahead of Schedule?
The latest price moves in bitcoin (BTC) and crypto markets in context for March 1, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Bitcoin Technical Analysis: BTC’s Bullish Rise Continues Amidst Market Optimism
Over the past hour, as bitcoin’s value swings from $62,150 to $62,545 on March 1, 2024, the cryptocurrency market is experiencing a pronounced upward trend. With a trading volume of $55.41 billion over 24 hours and a market cap…
Study: Institutions More Bullish on Ethereum in H2 of 2023 — BTC and ETH Holdings Surge to 80%
Between July 2023 and January 2024, the concentration of bitcoin and ethereum in institutional digital asset portfolios increased from 50% to 80%, the latest Bybit user asset allocation report has shown. During this period, institutions…
LBank Labs Invests in QED: Unleashing Bitcoin’s Full Potential with Zero-Knowledge Proofs
PRESS RELEASE. LBank Labs has achieved a new milestone by participating in the $3 million funding round for QED. This innovative venture is poised to revolutionize the Bitcoin ecosystem with its groundbreaking zk-Native blockchain protocol.…
Chamber of Digital Commerce: SEC Actions ‘Pose Separation of Powers and Due Process Concerns’
The Chamber of Digital Commerce, a Washington-based blockchain advocacy group, has filed an amicus curiae document on the SEC v Payward, Inc. (Kraken) case. The chamber argues that the actions of the SEC pose “separation of powers and…
Blackrock Launching Brazil’s First Bitcoin ETF
Blackrock is launching Brazil’s first spot bitcoin ETF, the Ishares Bitcoin Trust BDR (IBIT39), on Mar. 1, initially available to qualified investors with plans to eventually open it to retail investors. The ETF aims to provide…
Coin-for-Coin Payback — Gemini Announces Full Recovery of Crypto Assets for Earn Users After Genesis…
Gemini has reached a settlement with Genesis and other creditors within the Genesis bankruptcy proceedings, promising a full in-kind return of digital assets to Earn program users. This resolution, pending bankruptcy court approval,…
Bitcoin Bulls Just Joining the Rally Are Very Late to the Party, Analyst Says
Never before has the RSI been this overbought alongside an above-$60,000 bitcoin price, analysts at The Market Ear explained.
Bitcoin Blasting Toward Biggest Monthly Gain in 3 Years
The cryptocurrency has more room to run, analysts say.