Category: Latest news

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[ad_1] The anticipation of the first spot Bitcoin ETFs in the U.S. fueled Bitcoin to a 21-month high of $49,000. However, the high it reached on Jan. 10 was short-lived, as the price dropped swiftly and sharply to a low of $39,450 on Jan. 21. This sharp decline, which many deemed a classic case of…

[ad_1] The Newborn Nine spot Bitcoin ETFs recently launched in the US have seen their combined assets under management explode to $5.1 billion in the nine trading days since their launch. However, throughout this period, the price of Bitcoin has fallen roughly 20%. The share prices for these ETFs have also fallen in line with…

[ad_1] Crypto firms are attracting top talents from the traditional financial sector in droves thanks to higher salaries and the prestige of working in the emerging industry. A Bitget report shared with CryptoSlate showed that one-third of applicants for crypto positions have a background in banking and traditional finance. “33% of the exchange job applicants…

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[ad_1] Ark Invest’s continued accumulation of the Ark 21Shares Spot Bitcoin ETF (ARKB) has elevated the asset to a top-five position within the firm’s Ark Next Generation Internet ETF (ARKW) portfolio. The firm’s latest trading file seen by CryptoSlate showed that it acquired 267,804 shares of ARKB, worth $12.3 million, based on the Jan. 24…

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[ad_1] Quick Take Recent data analysis from Datamish reveals intriguing dynamics among Bitfinex whales, especially their consistent trend in closing long positions. As highlighted by CryptoSlate, a tangible reduction of 3,500 BTC was seen in early December, pulling the total down to 76,500 BTC. Despite the tumultuous journey Bitcoin has embarked on since then –…

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[ad_1] Bitcoin prices recovered past the $40,100 mark on Jan. 24, 2024 amidst continued inflows and outflows involving various spot Bitcoin ETFs. Bitcoin (BTC) was up nearly 1% over the 24 hours ending at 11:55 p.m. UTC. on Wednesday, reporting a price of $40,143 and a market cap of $786 billion. During an earlier period…