Asset manager Vanguard has made the decision to prevent its customers from purchasing spot Bitcoin ETFs via its platform. This move coincided with the commencement of trading for these ETFs, leading to some customers expressing their intention to leave Vanguard. The upcoming months may see a shift in focus towards Pullix, a new hybrid exchange […]
The first spot Bitcoin exchange-traded funds (ETF) in the United States has been approved, paving the way for billions of dollars in institutional money to enter the market. On the first day of trading in January 2024, the total volume across ten spot Bitcoin ETFs reached over $4.5 billion. Grayscale Investments’ Bitcoin ETF alone handled […]
In a historic week for the cryptocurrency market, the US Securities and Exchange Commission (SEC) approved all eleven spot Bitcoin exchange-traded funds (ETF) applications. This approval allows institutional investors to directly participate in the cryptocurrency market through exchange-traded funds, providing a more regulated and accessible avenue for Bitcoin investment. Despite this, Bitcoin’s price has yet […]
Bitfinity, a leading blockchain technology firm, has successfully secured $7 million in a funding round. The round was led by notable investors such as Polychain Capital and ParaFi Capital. The company is pioneering the development of a sidechain that will connect the Virtual Machine (EVM) with the Internet Computer Protocol (ICP). This integration aims to […]
Bitcoin ETFs experienced a rocky start after their approval by the U.S. Securities and Exchange Commission (SEC), launching on the U.S. market with price setbacks. Despite official approval, trading is not open to all investors.Last Wednesday, for the first time in the United States, the SEC approved investors to actively trade the new Bitcoin Spot […]
The IOTA Foundation had a productive fourth quarter in 2023, with several teams achieving significant milestones. The Foundation’s progress towards IOTA 2.0 was outlined in its Q4 report, which also highlighted major plans for the first quarter of the following year.Among the major advancements were the IOTA 2.0 introduction campaign, the establishment of the first […]
Bitfinity, a leading blockchain technology firm, has successfully secured $7 million in a funding round. The round saw participation from notable investors such as Polychain Capital and ParaFi Capital. The company is pioneering the development of a sidechain that will connect the Virtual Machine (EVM) with the Internet Computer Protocol (ICP). This integration aims to […]
The Shiba Inu burn initiative has seen a significant increase in its token burn rate, sparking interest within the crypto community. Data from the Shiba Inu burn tracker, Shibburn, reveals a 395.43% increase in the SHIB burn rate on January 12. Over 18 million SHIB tokens were destroyed in the past 24 hours, coinciding with […]
In a significant development in the financial markets, the debut of Bitcoin Exchange-Traded Funds (ETFs) has been led by trillion-dollar giants, marking a milestone in the decade-long journey to integrate cryptocurrency with mainstream financial markets. This follows the approval by the U.S. Securities and Exchange Commission, with trading commencing this Thursday.However, not all financial institutions […]
Robinhood, the commission-free trading platform, has announced that it will offer its retail customers access to all 11 spot Bitcoin ETFs that were recently approved for trading. This move comes just a day after the U.S. Securities and Exchange Commission (SEC) approved the ETFs, indicating that Robinhood was already preparing for this development.The company has […]
