In a significant development within the cryptocurrency market, institutional investors have funneled a staggering of around $700 million into U.S. Spot Bitcoin ETF, led by industry giants BlackRock and Fidelity despite Grayscale’s robust outflux. Meanwhile, this substantial inflow highlights the growing institutional interest in digital assets and their increasing acceptance within mainstream finance. Bitcoin ETF […]
Bitcoin ETFs Can Overtake Gold ETFs This Summer If This Happens
Bitcoin and Gold are once again in the limelight as both asset classes hit fresh all-time highs on Tuesday, March 5. On the other hand, the massive inflows into spot Bitcoin ETFs continue with daily trading volume skyrocketing all the way to over $10 billion. Bitcoin ETFs vs Gold ETFs Bloomberg’s Senior ETF strategist Eric […]
Bitcoin ETFs Hit Record Trading Volumes At $10 Billion Amid BTC Price Volatility
Bitcoin ETFs continue their market dominance with staggering trading volumes despite the Bitcoin (BTC) price volatility on Tuesday, March 6. On Tuesday, March 5, the total trading volumes across all ten Bitcoin ETFs crossed a staggering $10 billion as the BTC price exhibited massive volatility of $10,000 fluctuating between $69,000 and $59,000. Ten Bitcoin ETFs […]
Crypto Prices Today March 6th: Bitcoin Plunges To $64K, ETH, XRP, ADA Drop As PEPE Gains
The top crypto prices today indicate a bearish turn as the Bitcoin (BTC) price fell ri the $64,000 level while other altcoins dropped significantly. In addition, the Ethereum price extended lower than the $3,700 mark. Meanwhile, other top altcoins, such as Solana (SOL), XRP, Cardano (ADA) witnessed a notable price dip. Major Crypto Prices Today […]
Shiba Inu Lead Spotlights The Shib Magazine’s Latest Edition, Here’s Everything
In a significant gust of developments witnessed across the Shiba Inu ecosystem recently, Shytoshi Kusama, Shiba Inu’s lead developer, spotlighted the recent version of The Shib magazine released, drawing attention to crucial partnership details that aim to revolutionize Shiba Inu’s ecosystem. Following the announcement’s surfacing in the broader crypto market today, March 6, Shiba Inu, […]
Crypto Market Crash: Bitcoin (BTC) Price Ready for 25% Correction Amid Miner Dumping
As soon as the Bitcoin (BTC) price rallied past $69,000 it faced heavy selling pressure sending it down 7% from the top all the way to $63,500. Following this, the correction has ensued across the broader cryptocurrency market losing more than $150 billion in the last 24 hours. Bitcoin (BTC) Price Eyeing 25% Correction? Citing […]
Binance.US Faces SEC Scrutiny Over Customer Assets
The U.S. Securities and Exchange Commission (SEC) has raised concerns over Binance.US‘s compliance with regulatory requests for information regarding the management and safety of its customers’ assets. This scrutiny comes amid allegations against Binance Holdings Ltd. and its U.S. counterpart, BAM Trading Services (operating as Binance.US), for potential violations of U.S. securities laws. The SEC’s […]
Ethereum Classic Price Forecast: Will ETC Soar To $60 Mark By The End Of March?
Ethereum Classic price forecast: ETH has emerged as a standout in the decentralized blockchain sector, with its price making a remarkable jump of 5% within a mere 24-hour window. Currently, the Ethereum Classic price is trading at $36.41. This upward trajectory suggests a bullish trend is unfolding in the market for Ethereum Classic. Ethereum Classic’s […]
Osprey Seeks Merger with Bitcoin ETF Amid Plans to Dissolve
Osprey Bitcoin Trust, a prominent closed-end fund specializing in Bitcoin investments, intends to explore significant strategic changes, including a potential merger with a Bitcoin exchange-traded fund (ETF) or a sale. This announcement comes as the Trust’s units have been trading at a discount compared to its actual Bitcoin holdings, prompting the company to consider various […]
Coinbase Fights SEC Use of Default Judgment in Ongoing Lawsuit
Coinbase, in an ongoing legal tussle with the Securities and Exchange Commission (SEC), has expressed its opposition to the SEC’s attempt to use a default judgment from a separate insider trading case to strengthen its lawsuit against the exchange. The SEC had indicated its desire to inform the court of a default judgment that deemed […]