Cathie Wood’s asset management Ark Invest further reduced Coinbase shares’ weight in three ARK funds on Friday as part of its active portfolio management strategy. Cathie Wood and Ark Invest are still bullish on Bitcoin in 2024 with spot Bitcoin ETF, Bitcoin halving, regulatory clarity, and growing retail adoption among others in the pipeline for […]

Satoshi Nakamoto, a pseudonymous person or a group of people who developed Bitcoin, seems to be back days after the crypto community celebrated 15th anniversary, commemorating Satoshi Nakamoto mining the genesis block of Bitcoin. Someone just transferred 27 BTCs to Satoshi Nakamoto’s wallet address 1A1zP1eP5QGefi2DMPTfTL5SLmv7DivfNa. Satoshi Nakamoto Becomes Active A historical transaction was executed on […]

In the context of the U.S. Securities and Exchange Commission (SEC) reaching the penultimate stage of spot Bitcoin ETF approval, the date of launch for the proposed ETFs remains unanswered. It also remains to be seen if the US SEC officials would notify the ETF approval announcement to all the 11 applicants at once or […]

The cryptocurrency market is off to a strong start in 2024, buoyed by the optimism around Bitcoin exchange-traded funds. The top 3 cryptocurrencies by market cap were trading in the green on Saturday morning, with Bitcoin hovering near $44,000 levels. After months of anticipation, spot Bitcoin ETFs are set to become a reality. CoinGape earlier […]

While things look all but set for the U.S. Securities and Exchange Commission’s (SEC) approval of spot Bitcoin ETF, investment management firm Blackrock is apparently making moves behind the scenes in preparation for ETF trading. In the recent weeks, Blackrock has been one of the most aggressive applicants to have met the SEC’s requirements as […]

Crypto News: From regulatory changes to market shifts, here are the top 10 stories that shaped the cryptocurrency market on January 5 for a quick overview. Coinbase Expands into the EU with MiFID License Coinbase is set to acquire a MiFID-licensed entity in Cyprus, aiming to expand its derivatives offerings across the European Union. This move, […]

Crypto News LIVE: The Bitcoin (BTC) Price found strength around the $44,000 zone as all the 11 spot Bitcoin ETF applicants updated their 19b-4 amendments in latest filings with the U.S. Securities and Exchange Commission (SEC). In the week starting January 8, 2024, a vote on the approval of Bitcoin ETFs could be held by […]

The US labor market is holding better than expected, as per the latest nonfarm payroll data released on Friday. It noted a surge of 216,000 jobs last month, potentially influencing the macroeconomic policies of the central bank. The Federal Reserve’s interest rate decisions dictate how the stock and crypto markets will perform in the coming […]

Coinbase has announced plans to acquire a MiFID-licensed entity in Cyprus, marking a strategic move to broaden its derivatives offerings across the European Union. This endeavor, pending regulatory approval, aims to enhance Coinbase’s market presence in 2024 significantly. Coinbase Expansion into the EU Derivatives Market The initiative to acquire a Markets in Financial Instruments Directive […]

The Bitcoin ETF race has finally reached as close to the finish line as it can get. All 11 Bitcoin ETF applicants have updated their 19b-4 amendments, with S-1 filings reportedly expected by Monday. Bloomberg’s Katie Greifeld reported that the SEC had instructed exchanges and issuers to submit their final amendments on Friday for their […]