Introduction of over 30 new euro spot trading pairs by OKX follows the cessation of USDT pairings due to regulations. Speculation links USDT pair removal to MiCA regulatory framework, with “regulatory requirements” influencing token listings across regions. Despite USDT delisting,…
Blog
Spot Ether ETF Revamped: Fidelity’s Proposal Enriched with ETH Staking Component
Fidelity’s Bitcoin ETF garners nearly $7 billion since January, ranking alongside BlackRock’s record-breaking Bitcoin ETF. Despite political hurdles, Standard Chartered predicts Ethereum could reach $8,000 if a spot Ethereum ETF is approved. Fidelity has updated its Ethereum (ETH) exchange-traded fund…
GBTC’s Record Outflows: Assessing Investor Sentiment Amid Bitcoin’s Price Dip
Bitcoin price falls to $65,875, down 10.5% from its recent all-time high of $73,797. Analysts remain optimistic about future flows into Bitcoin ETFs, despite recent outflows and market adjustments. Grayscale’s Bitcoin Trust (GBTC) experienced a substantial outflow of over $640…
Hong Kong Launches Second Phase of Its CBDC Pilot Program
The Hong Kong Monetary Authority announced the launch of the second phase of the pilot of its CBDC, the digital Hong Kong dollar (e-HKD). This new phase will focus on furthering the research on already examined use cases for the…
Grayscale Investments Submits Revised Application for Spot Ethereum ETF
Grayscale Investments’ Chief Legal Officer announced that the firm has submitted a revised Form 19b-4 for spot Ether exchange-traded funds. The officer, Craig Salm, stated that investors are seeking access to ethereum via a spot Ethereum ETF. Listing on the…
Shiba Inu Ecosystem Blooms: BONE Jumps 44% With $3 Target In Sight
Bone ShibaSwap (BONE), a token within the Shiba Inu ecosystem, has showcased remarkable resilience amidst a predominantly bearish market. Despite the downward trend, BONE has emerged as a top performer, catching the attention of community analyst SHIB Knight, who predicts…
Japan’s $1.5 Trillion Pension Fund To Assess Bitcoin For Diversification
The Government Pension Investment Fund (GPIF) of Japan, the world’s largest pension fund with assets totaling $1.5 trillion, has officially announced its initiative to explore diversification opportunities that include Bitcoin, alongside traditional investments such as gold and more unconventional assets…
Bitcoin mining firm Bit Digital reports revenues up nearly 40%
Bitcoin mining company Bit Digital said that its venture into artificial intelligence had already produced $4 million of revenue in February 2024. Nasdaq-listed Bitcoin (BTC) mining firm Bit Digital has announced earnings of $44.9 million for 2023 — up 39%…
BitMEX whale tanks Bitcoin price to $8.9K during BTC sell-off
An unknown entity sold over 400 BTC in a short period of time on the BitMEX BTC/USDT spot market; BitMEX began investigating the situation internally. Cryptocurrency derivatives exchange BitMEX started investigating “unusual activity” after users reported a momentary fall in…
Bitcoin levels to watch next as BTC price risks sub-$60K retest
Bitcoin bulls face an uphill struggle to stem selling amid worries that BTC price weakness will end up challenging levels below $60,000. Bitcoin (BTC) is hitting fresh intraweek lows on March 19 — where could BTC price action end up?…