Bitcoin ETFs have attracted over $2.2 billion in new inflows over the last four days alone. Spot Bitcoin (BTC) exchange-traded funds (ETFs) have attracted more net inflows in the last four days of trading than the entire first four weeks. According to data from Bitcoin tracking platform Apollo, ten spot Bitcoin ETFs have generated 43,300...Continue Reading
The crypto custody and trading platform was cleared for a $150 million shelf offering just a week after declaring its ability to continue was a “going concern.” Cash-poor crypto firm Bakkt says it has received regulatory approval to raise as much as $150 million through the sale of its securities, coming just a week after...Continue Reading
Leading gold ETFs have seen outflows of $2.39 billion so far this year as the price of spot gold declines. Gold-tracking exchange-traded funds (ETFs) have lost billions in outflows this year in stark contrast to ETFs tracking the spot price of Bitcoin (BTC). The leading 14 gold ETFs have seen outflows of $2.4 billion this...Continue Reading
The European Court of Human Rights argued there were other ways to monitor encrypted communications that wouldn’t open innocent users up to danger. Creating a backdoor to end-to-end encrypted messaging services like Telegram and Signal would erode freedom of expression and open innocent users to hackers, identity thieves, and indiscriminate state surveillance, says the European...Continue Reading
Coinbase shares have surged ahead of its fourth-quarter earnings call on Thursday, with analysts tipping likely strong trading volumes in the quarter. Shares in crypto exchange Coinbase have gained 37% over the past week alongside a recent surge in Bitcoin (BTC) and while analysts expect strong numbers when the firm reports its fourth-quarter results on...Continue Reading
The proposed “Learn and Earn Campaign” on Revolut is aimed at expanding Bonk’s user base by half a million users but still needs approval. Solana-based memecoin Bonk’s (BONK) spiked 7% shortly after news broke that the Solana-based memecoin could soon be listed on Revolut’s trading platform. Under a proposed partnership, the European fintech firm is...Continue Reading
South Korea’s young people are known as the “N-Po generation” — a phrase that suggests they were abandoned. But they’ve found new hope in cryptocurrency. Amid economic challenges, South Korea is witnessing a surge in interest for digital currency, particularly among its youth — the “N-Po generation” The N-Po generation — aged 20-39 — is...Continue Reading
Citi partnered with other traditional financial institutions to simulate operations. More development is needed. Citigroup has teamed up with Ava Labs, other traditional financial institutions and digital asset companies to complete a proof-of-concept for tokenizing private equity funds. Despite outstanding legal and technical issues, Citi is convinced that blockchain technology could transform the private equity...Continue Reading
Filings suggested that Genesis Global Holdco held roughly $1.6 billion worth of shares of Grayscale Bitcoin Trust, Grayscale Ethereum Trust and Grayscale Ethereum Classic Trust. A bankruptcy judge will allow Genesis Global Holdco to liquidate roughly $1.3 billion worth of Grayscale Bitcoin Trust (GBTC) shares as part of efforts to reimburse investors. In a Feb....Continue Reading
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