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Crypto News
Fidelity’s Bitcoin Fund Becomes Fifth Most Popular of All ETFs in 2024
Fidelity’s Wise Origin Bitcoin Fund (FBTC) is the fifth most popular exchange-traded fund (ETF) on the market right now, attracting more than $6.9 billion since its introduction on Jan. 12, according to data from Bloomberg Intelligence.
Bitcoin L2s Are Poised to Break Out, Stacks Creator Muneeb Ali Says
“Bitcoin is not going to change much,” says Ali. “Layer 2s are innovative and open to making rapid changes. After a while, it becomes part of their culture.”
Bitcoin ETFs’ Hot Start Seems Largely Driven by Retail Investors
Data shows that the average trade size for the biggest spot bitcoin ETF suggests that demand is largely coming from retail investors.
Bitcoin Correction May Continue if ETF Inflows Disappoint in Next Few Days: 10x Research
Bitcoin ETF inflows on Monday and Tuesday will be the "real test" for what's next for the largest crypto asset's price, Markus Thielen wrote.
Where Is Nayib Bukele Actually Storing El Salvador’s Bitcoin?
Last week, the sats stacking president of the "Land of Many Volcanoes" announced he was moving the country's thousands of BTC into a bitcoin "piggy bank."
Sam Bankman-Fried Should Spend 40-50 Years in Prison, DOJ Says
Prosecutors recommended that a federal judge sentence FTX founder and former CEO Sam Bankman-Fried to at least 40 and as many as 50 years in prison for his conviction on fraud and conspiracy charges tied to the collapse of what was once one…
Billion-Dollar Volumes and Then a Steep Drop Prompts Allegations of Wash Trading on Aevo
In response, Aevo says customers suddenly traded more on its decentralized exchange to try to get some of its airdrop.
Meme Coins Going Legit Is the Worst Thing for Meme Coins
Institutions like Franklin Templeton are taking meme coins increasingly seriously this cycle. But will these joke-y projects run afoul of regulators?
What Happens Next in COPA vs Craig Wright Trial is Down to the Judge
The Crypto Open Patent Alliance is seeking several court injunctions from Wright.
Blockchains Will Upend Economies of Scale
The tokenization of industrial processes will produce a revolution in competition between companies of different sizes, says Paul Brody, head of blockchain at EY.