Category: Latest news

[ad_1] The competition among spot Bitcoin ETFs is seriously heating up with Grayscale outflows declining, but now, so are the fees being charged by the Newborn Nine. Shortly before the final SEC approval of the swathe of spot Bitcoin ETFs, which entered the market earlier this month, several ETF issuers dropped their fees in last-minute…

[ad_1] Grayscale’s Bitcoin Trust (GBTC) is experiencing a slowdown in outflows, with just under $200 million withdrawn from the fund on Jan. 29. Data from BitMEX Research indicates a total outflow of around $192 million during this reporting period. Notably, this marks the lowest outflows since the fund’s inception, surpassing only the initial day of…

[ad_1] Have you ever manually chosen between Azure and AWS when browsing X – or picked a payment processor to reroute your online Apple Pay transactions to? Do you check the SSL certificate of AliExpress or Amazon to make your shopping more secure? Great technology is invisible. Steve Jobs had it right years ago when…

[ad_1] Crypto-related hacks and scams saw a 27.78% year-over-year decline in 2023 as the industry has become more vigilant. Blockchain security firm PeckShield published the data on Jan. 29 in a detailed report on hacks and scams that took place throughout the year. Hacks and recoveries According to PeckShield’s recent report, 2023 saw over 600…

[ad_1] TD Cowen’s Washington Research Group predicted that spot Ethereum ETFs will not gain approval this year, according to Kitco on Jan. 29. The U.S. Securities and Exchange Commission (SEC) must soon decide on proposed rule changes that would allow spot Ethereum ETFs to be listed and traded on securities exchanges. TD Cowen argued that…

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[ad_1] Bitcoin miner GRIID will begin trading its common stock under the “GRDI ” ticker on the Nasdaq stock exchange today, Jan. 29. The Ohio-based miner stated that its Nasdaq listing presents an ideal stage to continue demonstrating its leadership and innovation in the mining sector to a broader audience. GRIID CEO Trey Kelly expressed…

[ad_1] Quick Take Recent data analysis has shown a marked increase in the premium paid by traders for Bitcoin futures contracts on the Chicago Mercantile Exchange (CME). Following a downward trend from Jan. 22 to Jan. 25, which saw the Bitcoin futures contract consistently trading below the spot price, a phenomenon known as backwardation, a…

[ad_1] Bitcoin (BTC) has made a striking recovery, climbing above the $43,000 mark on Jan. 29, as market dynamics hint at a resurgence in investor confidence. The leading cryptocurrency experienced this surge amidst a landscape where exchange-traded fund (ETF) inflows show signs of strength, particularly as they begin to outweigh outflows from Grayscale Bitcoin Trust…

[ad_1] Crypto investment products saw their second consecutive week of outflow this year, with $500 million leaving the funds, according to CoinShares’ latest weekly report. Bitcoin dominate Bitcoin investment products experienced significant outflows last week, with a total withdrawal of $479 million. The top cryptocurrency has faced significant headwinds since the U.S. Securities and Exchange…