Bitcoin Tops $47K, Ether and Grayscale's GBTC Jump After SEC Approves Spot Bitcoin ETFs
After the spot bitcoin ETF approval, all attention turns to how much demand these investment vehicles will attract.
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Bitcoin ETFs Win SEC Approval, Bringing Easier Access to Biggest Cryptocurrency
Hopes are high they will lure more investors into crypto.
Cboe Says Bitcoin ETFs to Start Trading Thursday, Though the SEC Hasn't Approved Them Yet
The exchange's website listed six bitcoin ETF applicants to start trading tomorrow.
Bitcoin ETF Confusion Abounds
The crypto industry can breathe a sigh of relief: It looks like a federal U.S. regulator will let the world's largest traditional finance asset managers and other firms list and trade shares of a vehicle giving retail and institutional investors…
The Protocol: Beneath Bitcoin ETF Chaos, A Blockchain Drama
In this week's issue, we dive into the proposal that would have curtailed Ordinals inscriptions "NFTs on Bitcoin" traffic – were it not abruptly ended over the past week by a maintainer for the popular Bitcoin Core software.
Everyone Wants the SEC’s Fake News to Be Real
The agency said for months it couldn’t approve bitcoin ETFs because of market manipulation. Then, in a delicious irony, it was itself manipulated, showing how even non-news can move markets.
Tokenized Treasuries’ Surging Demand Prompts Yield-Bearing Offering by Enigma Securities
U.S. Treasuries are a gateway for tokenization efforts, and has grown to a $850 million market from $100 million over the past year, rwa.xyz data shows.
Did the Fake Bitcoin ETF Announcement Prove an SEC Approval Is a 'Sell-the-News' Event?
The SEC's social media account was hacked to say the much-anticipated financial product was approved, perhaps answering the question of what will happen when it actually happens.
Hedera-Based Tune.FM Raises $20M for Artist-Friendly Web3 Music Platform
Tune.FM provides musicians with a platform to receive micropayments for streaming in its native JAM token (JAM).
We Tried Fox's Blockchain-Based Tool for Deepfake Detection. Here's How It Went
Fox's new blockchain tool might not help consumers suss out deep fakes, but it could be a boon to publishers struggling to navigate the AI age. We kicked the tires on the new technology.
Making Sense of Web3’s Burgeoning AI Ecosystem
Although the intersection of Web3 and AI has great potential, there is a lot of confusion about this emerging technology in the market today. Mapping out the GPU supply chain, layers of the tech stack, and various competitive landscapes can help…
Beyond the ETF: Crypto Innovations to Watch in 2024
While most market watchers are focused on bitcoin ETFs at the moment, Decentralized Physical Infrastructure Networks (DePIN) and Real World Assets (RWA) hold a lot of long-term promise, says Colton Dillion, CEO of Hedgehog.
Arthur Hayes Joins Decentralized AI platform Ritual
BitMEX co-founder Arthur Hayes has joined decentralized AI platform Ritual as an adviser with the aim of committing to the financialization of the AI industry.
Bitcoin ETF Chaos Memorialized on Blockchain, With Nod to 'Chancellor on the Brink' Reference
Jokester pays $2.97 to record the one-liner "SEC Chairman on the brink of second ETF approval" on the blockchain.
First Mover Americas: Ether, Lido DAO, Arbitrum Gain on Possibility of ETH ETF
The latest price moves in bitcoin [BTC] and crypto markets in context for Jan. 10, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
BlackRock, ARK 21Shares Follow Rivals in Cutting Bitcoin ETF Fees
The SEC is expected to approve multiple ETFs at the same time, meaning the different providers will tussle for market share using fee structure as one of the main weapons.
Turkey Will Conclude Technical Studies for Crypto Legislation Soon: Finance Minister
Under draft proposals, crypto firms will be required to obtain licenses from the country’s capital markets regulator.
Brevan Howard, Hamilton Lane Back New Tokenization Platform Libre
Freshly out of stealth, Libre is also working with Nomura’s Laser Digital unit and has been built using Polygon’s chain development kit by tokenization pioneer Avtar Sehra.
Ether Jumps Over $2.4K as Traders Bet on Possible Ether ETF Next
BlackRock had previously filed an S-1 form with the U.S. Securities and Exchange Commission (SEC) for its iShares Ethereum Trust, a spot ether exchange-traded fund (ETF).
BTC Supply in Profit Nears 90% as Price Rallies on Expected Bitcoin ETF Approval
Just under half of the bitcoin supply was in profit at the start of last year.
Bitcoin Traders Seek Protection From Price Declines as ETF Deadline Looms: Deribit
Puts are overbought and calls [are] being sold, Deribit's CCO Luuk Strijers told CoinDesk, noting the decline in the bitcoin implied volatility index.
Fake Bitcoin ETF Approval Tweet Causes $90M in Liquidations
Those tweets caused bitcoin prices to immediately spike to $47,680 from the $46,800 level. It then fell as low as $45,400 as the tweets were found to be fake.
Binance, KuCoin, Other Exchanges, Served Notice by Indian Government Removed From Apple’s App Store
Apple has removed Binance, KuCoin and other offshore cryptocurrency exchanges from its India app store days after nine such entities were sent compliance show cause notices by the Indian government.
Crypto OTC Volumes on Wintermute Soared 400% in 2023
Market maker says the uptick in over-the-counter trading was due to volumes moving off-exchange.
PayPal's Stablecoin Part of Third Largest Liquidity Pool on Curve
Curve's FRAXPYUSD liquidity pool, which went live on Dec. 27, boasts the third largest TVL of $135 million.
Hacker Seized SEC Phone Number to Post Fake Bitcoin ETF Approval, X Says
The Securities and Exchange Commission (SEC) did not employ basic security measures on its X (formerly Twitter) account when it was "compromised" to spread false bitcoin ETF news, according to the social media company.
Crypto Boosters Attack SEC For 'Manipulating' BTC Market After ETF Tweet
Lawmakers and crypto boosters are asking questions about how the SEC's X (formerly Twitter) account was compromised, leading to a bogus tweet on Tuesday.
Crypto Custodian BitGo Wins In-Principle Approval as Major Payments Institution in Singapore
Crypto custodian BitGo has been granted in-principle approval to operate as a Major Payment Institution (MPI) in Singapore.
Bitcoin Jumps, Then Dumps to $45K as Fake News About Spot Bitcoin Approval Liquidates $50M
The immediate price reaction showed that bitcoin's price might be capped if a real approval arrives, one analyst noted.
Spot Bitcoin ETF Approval Will Trigger 'Selling Pressure' on CME Futures Market: K33
Bitcoin futures' open interest on the Chicago Mercantile Exchange surged to an all-time high Tuesday as institutions piled into the asset, speculating on a spot bitcoin ETF approval.