Author: e_cash_top

[ad_1] Grayscale applied for a Bitcoin covered call ETF on Jan. 11, as seen in a filing from the company and in various external reports. In a statement to Reuters, Grayscale CEO Michael Sonnenshein said: “This should be received as a declaration of not only not just having gotten GBTC to market as a spot…

[ad_1] Worldcoin verified nearly 16,000 Argentines in a single day in late December, bringing the number of people verified by the platform in the South American country to more than 500,000, or over 1% of its total population. The increased demand is coming at a time when the project’s WLD token is also enjoying a…

[ad_1] The newly approved 11 spot Bitcoin ETFs amassed over $4 billion in trading volume on their first day, with Grayscale, BlackRock, and Fidelity Investments accounting for the majority of the volume. The SEC approved 11 spot Bitcoin ETFs on Jan. 11 after years of rejections due to market manipulation concerns, allowing institutions to gain…

[ad_1] Vanguard has restricted its customers from purchasing Bitcoin ETFs, including the popular Grayscale Bitcoin ETF (GBTC), and reportedly plans to ban these products from its platform for being too risky. Vanguard’s decision to ban all Bitcoin ETFs from its platform was first reported by a senior ETF analyst at Bloomberg. The company told customers:…

[ad_1] Ark Invest CEO Cathie Wood believes Bitcoin (BTC) could reach $1.5 million by 2030 under her firm’s “bull case” scenario. Wood made the comments during a CNBC interview on Jan. 11, which marks the first trading day for spot Bitcoin ETFs after they were approved by the SEC on Jan. 10. The approval of…

[ad_1] Bitcoin (BTC) experienced significant volatility following the launch of the first spot BTC exchange-traded funds (ETFs) in the United States. BTC surged above the $49,000 threshold, marking its highest level since December 2021, immediately after these ETFs began trading. However, the cryptocurrency rapidly declined almost 4% within the one-hour candle, plummeting to around $46,000,…

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[ad_1] Quick Take The Bitcoin market witnessed a notable movement as Bitcoin’s value breached the $49,000 mark, indicating a 4% increase within the past 24 hours. Currently, Bitcoin is trading at $48,500. This surge aligns with the dynamic shift in the global financial landscape, where digital currencies are playing a more prominent role. Concurrently, the…

[ad_1] Quick Take December’s US Consumer Price Index (CPI) reveals an inflation increase surpassing expectations. The annual headline inflation was projected to be 3.2%, yet it registered at 3.4%. Similarly, core inflation, excluding the volatile food and energy sectors, was anticipated at 3.8% but reported at 3.9%. This paints a clear picture of an economy…

[ad_1] Gemini said the spot Bitcoin exchange-traded fund (ETF) approval in the U.S. is “a game-changer for the crypto futures market.” In a Jan. 11 post on the social media platform X (formerly Twitter), the cryptocurrency exchange explained that the arrival of these ETFs would provide more liquidity and diverse market participation that could redefine…