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08 февраля 2024 04:44

🪙 Ether options open interest indicates bullish sentiment about potential May spot ETH ETF approval, analyst says

The crypto derivatives market is suggesting continued excitement in the market regarding the potential approval of a spot Ethereum ETF by the end of May, an analyst said. "Traders seem to be adjusting their ether options contracts with the May 23 date in mind," Bitfinex Head of Derivatives Jag Kooner told The Block. The final approval decision deadline for spot ether ETF applications submitted by asset managers VanEck and Ark/21Shares to the U.S. Securities and Exchange Commission is May 23.

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@TradeCryptoNow

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07 февраля 2024 09:05

🇺🇸 SEC delays Invesco Galaxy spot 🪙 ETH ETF, but May decisions are still expected

The U.S. Securities and Exchange Commission (SEC) extended the decision period for Invesco and Galaxy’s spot Ethereum ETF on Feb. 6. The SEC said that the proposed rule change was published for comment in the Federal Register on Nov. 8, 2023. The agency then designated a longer period for approval on Dec. 13, 2023, extending the period during which it could approve, disapprove, or institute proceedings around approval or disapproval.

Source

@TradeCryptoNow

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06 февраля 2024 10:29

💰 Brazilian Tax Authority Reports Bitcoin Irregularities in Over 25,000 Statements

The Brazilian tax authority has reported identifying cryptocurrency irregularities in more than 25,000 tax statements. After a country-wide investigation, the institution detected that 25,126 individuals who possessed at least 0.05 BTC failed to include these holdings in its income tax statements, opening the doors for receiving fines or being charged for crimes against the tax system.

Source

@TradeCryptoNow

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05 февраля 2024 08:26

💰 Facebook, Instagram Will Join Google Enabling Bitcoin ETF Ads

Two of the world’s largest social media platforms will allow companies to advertise spot Bitcoin ETFs (exchange-traded funds). This represents a significant stride toward the increasing mainstream acceptance of cryptocurrencies. The new policies could pave the way for Bitcoin ETF ads to be featured on Facebook and Instagram. These companies have a colossal user base of over 2 billion monthly active users each,

Source

@TradeCryptoNow

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04 февраля 2024 18:51

💰 Case for $500k BTC: Bitcoin Scarcity to Beat Gold Post-Halving

Renowned analyst “PlanB”, the influential mind behind the Stock-2-Flow (S2F) model, has once again thrown his weight behind bitcoin, making a new case for bitcoin price targets in 2024-2028 cycle. In latest Plan B bitcoin analysis, the seasoned analyst boldly predicts that bitcoin, already a digital asset with unique scarcity, will surpass the rarity of gold and real estate following the upcoming halving event in April.

Source

@TradeCryptoNow

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03 февраля 2024 20:21

🇭🇰 Hong Kong asserts rigorous crypto regulations amid market evolution

Hong Kong’s Secretary for Financial Services and the Treasury, Christopher Hui, reiterated the special administrative region’s banner of “same activity, same risk, same regulation,” under which Hong Kong crafted a licensing regime for virtual asset service providers (VASP). Hong Kong before the implementation of the new licensing system had been granted a transitional period intended to support them in adapting to the regulatory framework.

Source

@TradeCryptoNow

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02 февраля 2024 18:29

💰 Solana registers all-time high in monthly new addresses for January

There was significant increase in the number of new addresses on the Solana blockchain during the month of January, according to The Block’s data dashboard. The monthly count of new addresses on Solana increased to 11.81 million for January. This gain represents an 18% rise in new addresses on the network from December’s count of about 10 million — which was a multi-month high at the time.

Source

@TradeCryptoNow

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01 февраля 2024 18:46

💰 Bitcoin ETFs sees $197 million inflow, BlackRock and Fidelity lead the charge

Day 14 for the new Bitcoin ETFs marked another day of net inflows, with a considerable $197 million entering the market on Jan. 31, according to Whale Panda. This marks the fourth successive trading day of net inflows, underlining a trend in the market’s dynamic. Among the prominent contributors, BlackRock’s IBIT showed a strong performance, with net inflows of $116 million, according to Whale Panda, boosting its total to an impressive $2.8 billion.

Source

@TradeCryptoNow

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31 января 2024 19:09

💰 FTX Expects to Fully Repay Customers but Won't Restart Defunct Crypto Exchange

FTX, the bankrupt cryptocurrency exchange that was run by Sam Bankman-Fried, said it expects to fully repay its customers, according to a court hearing. The defunct exchange has also abandoned its efforts to re-start the platform due to a lack of buyers, Reuters reported, citing lawyers. The native token of the exchange, FTT, surged more than 11% on Wednesday in the aftermath of the news.

Source

@TradeCryptoNow

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30 января 2024 18:42

🪙 SEC likely to approve spot Ethereum ETFs on May 23: Standard Chartered Bank

The Securities and Exchange Commission is expected to follow the strategy employed in approving spot bitcoin exchange-traded funds for spot Ethereum ETFs, starting with rejections and ultimately granting approval on the initial final deadline on May 23, according to Standard Chartered Bank.

Source

@TradeCryptoNow

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29 января 2024 19:42

💰 Charles Schwab Corporation, a financial giant with assets totaling $8.5 trillion, has adopted a seemingly cautious approach towards digital assets, prompting analysts to speculate on potential missed opportunities in a rapidly evolving market.

The company’s decision not to launch its own proprietary spot Bitcoin Exchange-Traded Funds (ETFs) despite the recent Bitcoin ETF approval by the Securities and Exchange Commission (SEC), has raised eyebrows in the financial community.

Source

@TradeCryptoNow

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29 января 2024 09:02

🇪🇺 73% of European Residents Are Confident in Crypto’s Future: Survey

The results revealed a trend of optimism, exclusive engagement with crypto assets, surging adoption, growing trust, and increasing utility. A vast majority of European residents have expressed optimism and confidence about the future of the cryptocurrency sector. According to a Binance Survey targeting users in France, Italy, Spain, and Sweden, around 73% of respondents are positive about the future of digital assets.

Source

@TradeCryptoNow

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28 января 2024 07:22

💰 Bitcoin's Fourth Halving May Unleash the 'Mother of All Reorgs,' Ordiscan Founder Predicts

In the wake of a noteworthy 11-day period during which U.S.-centered spot bitcoin exchange-traded funds (ETFs) amassed a trading volume totaling $25.36 billion, discussions have emerged about the potential involvement of Charles Schwab, the American multinational financial services corporation. Eric Balchunas, Bloomberg’s lead ETF analyst, advises, “don’t sleep on Schwab, they’re never first to market in anything but they make back impact when they come in.”

Source

@TradeCryptoNow

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27 января 2024 10:51

💰 Bitcoin Reserves Held by Miners Witness Notable Decline Ahead of Halving: CryptoQuant

A significant shift is occurring in the Bitcoin mining landscape as the fourth halving event approaches, which is set to reduce the supply subsidy of BTC from 6.25 BTC for every block to 3.125 BTC per one. With approximately just 82 days left, Bitcoin miners appear to be selling their reserves, according to the latest analysis by CryptoQuant.

Source

@TradeCryptoNow

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26 января 2024 17:03

💰 ARK Bought $62.3M Worth of Own ETF in Last Week; Sold $42.7M of BITO

ARK Invest continued to offload shares of ProShares Bitcoin Trust ETF (BITO) in the last week while accumulating its own spot bitcoin exchange-traded fund. Cathie Wood's investment firm sold a total of 2,226,191 shares of the bitcoin futures ETF since Jan. 19, worth around $42.8 million at Thursday's closing price of $19.22, from its Next Generation Internet ETF (ARKW). Meanwhile, it has bought 1,563,619 shares in the ARK 21 Shares Bitcoin ETF (ARKB), worth approximately $62.3 million.

Source

@TradeCryptoNow

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07 февраля 2024 18:19

💰 Bitcoin’s hash rate soars to record heights

Bitcoin’s hash rate has reached an unprecedented high, marking a fourteen-day moving average of 566 exahashes per second (EH/s). This surge follows Feb. 2, a 7.3% rise in difficulty adjustment, bringing it to a record-setting 75.50T. Over the past three weeks, since the Texas freeze-induced low, the hash rate has skyrocketed by 12%, further reinforcing the network’s resilience to external shocks.

Source

@TradeCryptoNow

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06 февраля 2024 17:21

💰 Solana confirms outage on mainnet, engineers are investigating

Solana has confirmed an outage on its blockchain, causing block progression to halt. “Engineers from across the ecosystem are investigating an outage on mainnet-beta,” Solana stated in an incident report. “Solana mainnet-beta is experiencing a performance degradation, block progression is currently halted, core engineers and validators are actively investigating,” blockchain software company and Solana validator Laine posted on X.

Source

@TradeCryptoNow

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05 февраля 2024 17:35

🪙 ENS collaborates with GoDaddy to link web domains with blockchain names

Ethereum Name Service has partnered with domain registrar GoDaddy to allow users to link their domain names to ENS, aiming to connect the DNS protocol used by all traditional websites with the blockchain-based names. The collaboration will bridge the gap between traditional DNS and blockchain technology, with no additional costs or technical expertise required for users.

Source

@TradeCryptoNow

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04 февраля 2024 19:44

According to the data, publicly-traded entities with the largest 🥇 BTC holdings include:

⚫ Grayscale: 487,026 BTC
⚫ MicroStrategy: 189,150 BTC
⚫ BlackRock: 66,200 BTC
⚫ Fidelity: 59,224 BTC
⚫ Purpose Investments: 32,318 BTC

🤝 @Cryptocurrency_Inside ✅

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04 февраля 2024 07:55

💰 FTX seeks permission to speedily sell 8% stake in Anthropic

Bankrupt cryptocurrency exchange FTX is preparing to sell its most significant remaining illiquid asset: the 8% stake the company holds in valuable AI startup Anthropic, which received a $500 million investment from FTX's former CEO, Sam Bankman-Fried, in October 2021. The company, now led by CEO John Ray III, has filed a motion asking a judge to approve the sale of FTX's stake in Anthropic.

Source

@TradeCryptoNow

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03 февраля 2024 10:11

💰 Bitcoin mining difficulty hits new ATH after record 7.3% spike

Bitcoin mining difficulty has surged to a new all-time high, reaching 75.50T at block height 828,576 on Feb. 2, less than a month after its previous record-setting increase on Jan. 6. Mining difficulty saw a significant increase of 7.33%, the highest this year, marking the most difficult period to mine Bitcoin in its history. This milestone highlights the growing challenges and computational demands faced by miners in the Bitcoin network as the next halving looms.

Source

@TradeCryptoNow

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02 февраля 2024 09:21

💰 Spot Bitcoin ETF options could be approved as late as December 2024

Options on spot Bitcoin exchange-traded funds (ETFs) may not earn regulatory approval for several months, Reuters reported on Feb. 1. Martin Leinweber, digital asset product strategist for MarketVector Indexes, told Reuters that it may take two to ten months for those options to gain approval. This implies a possible approval date between April and December 2024.

Source

@TradeCryptoNow

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01 февраля 2024 08:11

🇭🇰 Hong Kong authorities investigating Worldcoin over data privacy concerns

The Office of the Privacy Commissioner for Personal Data (PCPD) in Hong Kong has initiated an investigation into Worldcoin over data privacy concerns related to its collection of biometric data, according to a Jan. 31 press release. The PCPD said it executed court warrants to enter six Worldcoin premises on Jan. 31 in Yau Ma Tei, Kwun Tong, Wan Chai, Cyperport, Central, and Causeway Bay.

Source

@TradeCryptoNow

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31 января 2024 08:09

💰 Grayscale crypto holdings up $1.2 billion since last week as Bitcoin surges

Bitcoin outflows from the Grayscale Bitcoin ETF, Bitcoin’s recent surge from $39,900 to over $43,500 has seen the value of Grayscale’s crypto holdings grow by $1.25 billion since the end of last week. While roughly 18,000 BTC has left the fund since Friday, as per Arkham Intelligence data, the price increases across the board offset this. Grayscale’s Bitcoin holdings are up $968 million, while its Ethereum holdings are up $298 million.

Source

@TradeCryptoNow

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30 января 2024 09:29

🇭🇰 Harvest Fund Management Hong Kong submits an application for a spot 💰 Bitcoin ETF, according to Tencent News

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29 января 2024 16:40

@CryptoWorldNews

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28 января 2024 21:11

💰 BTC has potential to rise this much once Bitcoin ETF’s real impact is realized

Bitcoin (BTC) continues to extend its gains in the short term, recently clearing the $42,000 resistance. This comes as Bitcoin attempts to put behind recent sell-offs that emerged following the spot exchange-traded fund (ETF) approval. In particular, crypto trading expert Michaël Poppe, in a post on X (formerly Twitter) on January 27, focused on the longer-term impact of Bitcoin ETFs, anticipating a significant influence in the next few years. According to Poppe, widespread adoption could propel Bitcoin to reach a high of $500,000.

Source

@TradeCryptoNow

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27 января 2024 20:02

💰 ⛏ 11 out of the 13 biggest publicly traded Bitcoin
mining companies will not be profitable after the upcoming halving❗️

@TradeCryptoNow

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26 января 2024 20:27

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26 января 2024 16:25

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