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Bitcoin’s tight correlation with US equities highlights market anticipation of CPI data release

Quick Take Bitcoin remains the primary indicator of global liquidity, with its price movements often preceding those of other risk-on assets. This dynamic was evident in the recent market cycle, as Bitcoin hit an all-time high on March 13, coinciding with the biggest ETF inflow since launch on March 12, over $1 billion, and the […] The post Bitcoin’s tight correlation with US equities highlights market anticipation of CPI data release appeared first on CryptoSlate. дальше »

2024-5-15 17:25


Bitcoin ETF Issuer WisdomTree Introduces Prime App In NY, Gains Approval For New Crypto Offerings

One of the issuers of spot Bitcoin exchange-traded funds (ETFs) in the US, WisdomTree, has announced the expansion of its WisdomTree Prime app to users in New York.  Related Reading: Meet The New King Of Crypto Payments: Why Users Are Choosing Litecoin Over Bitcoin Expanded Custody And Stablecoin Services This development closely follows WisdomTree’s recent […] дальше »

2024-5-10 05:00


BlockDAG Presale Smashes $16.6M Following DAGpaper Release Amid BNB Volatility & Bitcoin ETF Inflows

BlockDAG‘s presale has achieved a remarkable milestone, surpassing $16.6 million in funding, bolstered by the recent release of its DAGpaper. Amidst the backdrop of volatility in the BNB chain and significant inflows into Bitcoin ETFs, BlockDAG emerges as a beacon of stability and innovation in the cryptocurrency market. As Bitcoin […] дальше »

2024-4-14 20:00


Goldman Sachs Maintains Crypto Skepticism Amid Contradictory Actions And Bitcoin ETF Surge

In a recent interview, Sharmin Mossavar-Rahmani, the chief investment officer of Goldman Sachs Wealth Management, expressed her skepticism towards cryptocurrencies, including Bitcoin (BTC).  Despite the notorious growth in trading volume and institutional adoption of Bitcoin through the approved spot Bitcoin exchange-traded funds (ETFs), Mossavar-Rahmani emphasized that Goldman Sachs does not consider cryptocurrencies a legitimate investment […] дальше »

2024-4-4 07:00


Injective’s EVM Layer 2 Targets Ethereum, Cosmos, Solana; AI Crypto Aiming to Surpass Injective Attracts Whales

The blockchain space is in fierce competition for developer mindshare, particularly with the rise of Layer 2 solutions and after the recent SEC decision on Bitcoin ETF. Injective Labs, the team behind the high-speed Injective Protocol, recently entered the fray with the launch of inEVM, its very own Ethereum Virtual Machine (EVM) Layer 2 roll-up. дальше »

2024-3-17 19:00


Grayscale Submits Revised Application For Ethereum Spot ETF – What’s New?

Asset management firm Grayscale Investments has updated its application for an Ethereum spot ETF (exchange-traded fund) with the United States Securities and Exchange Commission (SEC). Ethereum Spot ETF Case Just As Solid As Bitcoin’s, Grayscale Argues According to a recent post on X by Craig Salm, Grayscale’s chief legal officer, the asset management firm has revised its 19b-4 form for an Ether spot ETF. дальше »

2024-3-18 17:00


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Grayscale CEO says there is ‘insatiable demand’ for spot Bitcoin ETFs

Grayscale CEO Michael Sonnenshein said the financial industry has “never seen such insatiable demand for an ETF wrapper” as it has seen with Bitcoin ETFs. Sonnenshein made the statement during a CNBC interview on March 1, where he shared his insights about the performance of spot Bitcoin ETFs and the market’s response to their recent […] The post Grayscale CEO says there is ‘insatiable demand’ for spot Bitcoin ETFs appeared first on CryptoSlate. дальше »

2024-3-3 01:44


Bitcoin ETF Breaks Records: BlackRock’s IBIT Joins Elite ‘$10 Billion Club’ Amidst Soaring Demand

The demand for spot Bitcoin exchange-traded funds (ETFs) has surged since their recent approval on January 10, with BlackRock’s IBIT Bitcoin ETF leading the way. This ETF has reached impressive milestones in less than two months, attracting significant investor interest and opening doors for various market participants to invest in the largest cryptocurrency directly. дальше »

2024-3-3 00:30