Vanguard Group – the $7.7 trillion asset manager outsized only by BlackRock – has blocked client access to all newly listed Bitcoin spot ETFs. The firm has also ruled out launching a Bitcoin ETF product of its own, claiming the asset doesn’t align with the firm’s investment philosophy. Banks Blocking Bitcoin Access Multiple Twitter and Reddit users confirmed on Thursday that they could not purchase any Bitcoin-backed funds through their Vanguard client accounts. Twitter user...
Read More »NEAR Foundation to Cut Team by 40% in Realignment Effort
NEAR Foundation announced plans to cut its team down by about 40% as part of its realignment initiative, impacting 35 employees. In 2023, the NEAR Protocol managed to host three of ten top Web3 apps, achieve a record number of users daily, and gain more Ethereum community partnerships. NEAR Foundation Realignment Efforts NEAR Foundation has released an update through a blog post that its layoff will mainly affect community, business development, and marketing teams. Notably,...
Read More »Robinhood Plans to List Spot Bitcoin ETFs ‘ASAP’
Robinhood CEO Vlad Tenev announced today that the company would list Bitcoin ETFs on its platform. The statement follows the landmark decision by the Securities and Exchange Commission (SEC) approving spot Bitcoin ETFs. SEC’s Approval to Integrate Crypto with Traditional Finance “We’ve been ahead of the curve in crypto access, and we plan to list these ETFs on Robinhood as soon as possible,” Tenev posted on X in reaction to the SEC’s decision. Exciting update from Washington...
Read More »Bitcoin Miner Outflow Surges to 77-Month High: Data
Bitcoin miner outflow has reached a 77-month high despite an overall positive trend in the crypto market. According to on-chain intelligence firm CryptoQuant, the ‘Miner Outflow’ metric demonstrated the outflow of Bitcoin from mining pool wallets not seen since August 2017. The outflow metric doesn’t directly monitor funds transferred from miners’ addresses to crypto exchanges, potentially indicating sales. However, outflows provide a general indicator of sentiment, with...
Read More »ETF Aftermath? Over $300 Million in Liquidations as Bitcoin (BTC) Dumps by $3K in Minutes
Bitcoin soared past $49,000 hours ago after the first ETFs reached the US market but plummeted by over three grand in the following minutes. This resulted in a lot of pain for over-leveraged traders, as the total value of liquidated positions has soared to well over $300 million on a daily scale. January 10, 2024, will go down in history as one of the most prominent dates for the cryptocurrency industry as the US SEC finally greenlighted spot exchange-traded funds tracking...
Read More »Bitcoin Blasts Over $49,000 As ETFs Gather $1.7 Billion In Volume After Launch
Bitcoin (BTC) ripped to another multi-year high of $49,000 on Thursday within an hour of the first U.S. Bitcoin spot ETFs going live on public markets. Between all 11 fund providers, Bitcoin ETFs have already traded $1.7 billion in cumulative volume, based on Yahoo Finance data. According to Bloomberg ETF analyst James Seyffart, Grayscale’s Bitcoin Trust (GBTC) has led the pack in terms of volume, trading at least $446 million just 30 minutes after the market opened....
Read More »DePIN and DeWi Come to Sui in Groundbreaking Karrier One Partnership, Upcoming Token Launch
[PRESS RELEASE – Markham, Ontario, January 11th, 2024] The deal includes strategic investment from Sui to fuel the expansion of Karrier One’s growing global footprint Sui, in collaboration with Karrier One, proudly announces a strategic partnership that marks a significant leap in integrating advanced telecom services with the dynamic capabilities of web3 technology. At the heart of the partnership is the investment that Sui is making in Karrier One, which provides funding to...
Read More »Vitalik Buterin Advocates for a 33% Gas Limit Increase for Ethereum
During a recent Reddit Ask Me Anything (AMA) event organized by the Ethereum Foundation’s research team, the protocol’s co-founder Vitalik Buterin suggested a “modest” increase in its gas limit to improve network throughput. Buterin noted that the gas limit has not been increased for nearly three years, marking the longest period in the protocol’s history. The Gas Limit Proposal “Honestly, I think doing a modest gas limit increase even today is reasonable,” said Buterin...
Read More »Soviele Bitcoins besitzt Grayscale
Grayscale Investments, ein führendes Unternehmen im Bereich der digitalen Währungsanlage, ist für sein großes Engagement in Bitcoin bekannt. Stand 2023 war Grayscale einer der größten institutionellen Inhaber von Bitcoins. Ihre Investitionen in Bitcoin sind durch den Grayscale Bitcoin Trust (GBTC) repräsentiert, ein börsengehandelter Fonds, der es Anlegern ermöglicht, in Bitcoin zu investieren, ohne die digitale Währung direkt zu halten. #Bitcoin investing can begin with $GBTC.Learn more...
Read More »El Salvador und Bitcoin: Ein Pionier in der Welt der Kryptowährungen
Im Jahr 2021 machte El Salvador Geschichte, indem es das erste Land der Welt wurde, das Bitcoin, die bekannteste Kryptowährung, als gesetzliches Zahlungsmittel akzeptierte. Diese bemerkenswerte Entscheidung markierte einen signifikanten Moment in der globalen Finanzlandschaft und signalisierte einen möglichen Wendepunkt in der Art und Weise, wie Nationen Kryptowährungen betrachten. Hintergrund El Salvador ist ein kleines Land in Zentralamerika, bekannt für seine reiche Kultur und...
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