Trade News

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  Bitcoin ETF: Cathie Wood Calls Vanguard’s Decision to Exclude ETFs Bad

  2024-01-15 Trade News

  Cathie Wood called Vanguard's decision to exclude bitcoin ETFs bad, saying it will lead to a loss of users of the decentralized currency system. The SEC's green signal for bitcoin ETFs is a landmark ruling for the cryptocurrency market as a whole. However, Vanguard has maintained a strong stance on…

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  Argentina Registers First Bitcoin Settlement Lease Agreement

  2024-01-14 Trade News

  After President Javier Milei issued an emergency executive order, Argentina registered its first Bitcoin-denominated rental agreement, opening the door to such solutions. The agreement stipulates that tenants must pay 100 USDT worth of Bitcoin per month to their landlords. Argentina Starts Bitcoin-Denominated Rental Agreements Argentina has reached a milestone in…

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  Costly Reality in 2023: Top 10 Cryptocurrency Hacks Lost Over $1 Billion

  2024-01-14 Trade News

  Brief: -The top 10 cryptocurrency hacks caused over $1 billion in losses in 2023, with entities associated with Tron founder Sun Yuchen losing $243 million. -Mixin, a decentralized digital asset management organization, suffered significant losses of $200 million due to a 2023 cloud breach. -The Solana network retained more than…

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  MicroStrategy’s Michael Saylor Sells 5,000 Shares of MSTR Stock to Invest in Bitcoin

  2024-01-14 Trade News

  MicroStrategy Inc. co-founder Michael Saylor has been involved in a series of stock sales ahead of the U.S. Securities and Exchange Commission's (SEC) recent approval of an exchange-traded fund that invests directly in bitcoin. MicroStrategy Sells MSTR Ahead of ETF Approval According to data compiled by Bloomberg, Saylor sold between…

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  Bitcoin Supply Shock: 57% of BTC Hasn’t Moved in Two Years

  2024-01-13 Trade News

  A bitcoin supply shock may be brewing, as on-chain data shows that 57% of bitcoin has yet to see any movement since at least two years ago. Bitcoin Supply Hits Record High Since Dormant for More Than Two Years As Charles Edwards, founder of Capriole Investments, pointed out in a…

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  What’s Next for Cryptocurrencies? Bitcoin ETF Approval Sets the Stage for a New Era

  2024-01-13 Trade News

  In a major milestone for the cryptocurrency industry, the U.S. Securities and Exchange Commission (SEC) has approved all 11 Bitcoin ETF applicants. This landmark decision is expected to usher in a new era of capital inflows, institutional investment and regulatory clarity, potentially reshaping the entire cryptocurrency market landscape.Whatsminer Bitcoin ETFs,…

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  Wall Street Firm Blocks Customers From Buying New Spot Bitcoin ETFs

  2024-01-13 Trade News

  "A competitor of BlackRock told a client interviewed by Fox Business Channel that the new ETF doesn't fit the asset manager's investment philosophy." A handful of large Wall Street firms are reportedly blocking retail investors from buying the new "spot" Bitcoin ETF. Vanguard, the world's second-largest asset manager after BlackRock,…

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  Spot Bitcoin ETF Surpasses $4 Billion in Volume on First Day of Trading

  2024-01-13 Trade News

  Initial trading volumes indicate an optimistic future for Bitcoin, which has remained stable despite many claiming that its approval was a "sell-off news" event. The 11 newly approved spot bitcoin ETFs traded more than $4 billion on their first day of trading, with Grayscale, BlackRock and Fidelity Investments accounting for…

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  Grayscale Acknowledges Spot Bitcoin ETF Approval, Says Trading Will Begin Thursday

  2024-01-12 Trade News

  CEO Michael Sonnenshein called the event "a landmark step forward. Grayscale acknowledged that the U.S. Securities and Exchange Commission (SEC) approved its spot bitcoin ETF proposal on January 10th. Michael Sonnenshein, CEO of Grayscale, said: "The approval of the Spot Bitcoin ETF in the U.S. is a landmark step forward…

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  U.S. Approves Bitcoin Spot ETF, U.K. Undermines ‘Cryptocurrency Hub’ Vision

  2024-01-12 Trade News

  In the midst of the world's enthusiastic acceptance of Bitcoin, measures being implemented in the United Kingdom have inadvertently led to an exodus of crypto-related businesses. While the U.S. has made progress in institutional adoption by allowing entities such as BlackRock to support Bitcoin products, the U.K.'s strict regulations have…

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