Bitcoin

Hong Kong’s Bitcoin and Ether ETFs Fail to Meet Expectations

Asia's first exchange-traded funds (ETFs) for bitcoin and ether launched in Hong Kong but garnered underwhelming trading volumes, signaling a tepid reception among investors....

Coinbase Integrates Bitcoin Lightning Network to Enhance Efficiency

Coinbase, a leading cryptocurrency exchange, has officially introduced its integration with the Bitcoin Lightning Network, a development aimed at boosting the efficiency of Bitcoin...

BlackRock’s Bitcoin ETF Sees First Inflow Halt in 71 Days

BlackRock's iShares Bitcoin Trust (IBIT), known for its rapid growth, has recently experienced a halt in daily inflows for the first time since its...

Bitcoin Revisits Sub-$60K Levels as Market Volatility Escalates

Bitcoin's price trajectory is making a sharp turn towards $60,000 amid increasing volatility and substantial daily cryptocurrency liquidations. The recent introduction of new spot...

Coal Giant Alliance Resource Mines 425 BTC

Alliance Resource Partners, a NASDAQ-listed coal mining company with a market valuation of $2.8 billion, has ventured into the cryptocurrency mining industry by leveraging...

MicroStrategy Suffers $53.1M Loss in Q1

MicroStrategy, recognized as the largest corporate holder of Bitcoin, has reported a significant net loss of $53.1 million for the first quarter of 2024....

Bull to Bearish: Peter Brandt Updates His Bitcoin Outlook

Peter Brandt, a seasoned chart analyst and CEO of Factor LLC, has adjusted his stance on Bitcoin, hinting that the cryptocurrency might have peaked....

ASX Set to Unleash Bitcoin ETFs, Aiming for Billions in Inflows

Australia's primary securities trading venue, the Australian Securities Exchange (ASX), stands on the verge of approving multiple spot Bitcoin exchange-traded funds (ETFs) by the...

DTCC Implements No Collateral for Bitcoin-Linked ETFs

The Depository Trust and Clearing Corporation (DTCC) has announced a pivotal change in its financial protocols, stating that starting April 30, 2024, it will...

Franklin Templeton Debuts Ethereum ETF, Awaiting SEC Approval

Franklin Templeton, a powerhouse in asset management, has officially launched the "Franklin Ethereum TR Ethereum ETF," now listed on the Depository Trust and Clearing...

SNB’s Thomas Jordan Cautious on Adding Bitcoin to Reserve Assets

During the annual general meeting of shareholders, Thomas Jordan, the chairman of the Swiss National Bank (SNB), voiced his skepticism about the idea of...

BlackRock and Fidelity Surpass $27 Billion in Bitcoin Holdings

In a significant stride for the cryptocurrency market, investment powerhouses BlackRock and Fidelity have collectively secured over 428,108 bitcoins, valued at upwards of $27...