CoinspeakerJPMorgan: Gold Investors Stay Firm amidst Bitcoin Hype Experts believe that with the potential of spot Bitcoin ETFs, this market cap difference might be bridged in the coming decade. JPMorgan: Gold Investors Stay Firm amidst Bitcoin Hype
Read More »JPMorgan CEO Jamie Dimon Gives His Opinion on Bitcoin, Interest Rates, and AI
CoinspeakerJPMorgan CEO Jamie Dimon Gives His Opinion on Bitcoin, Interest Rates, and AI Dimon expressed his well-known skepticism about Bitcoin, highlighting its uncertain use cases and involvement in illegal activities. JPMorgan CEO Jamie Dimon Gives His Opinion on Bitcoin, Interest Rates, and AI
Read More »Spot Bitcoin ETFs Record Nine Consecutive Days of Inflow, Fidelity Leads
CoinspeakerSpot Bitcoin ETFs Record Nine Consecutive Days of Inflow, Fidelity Leads BlackRock and Fidelity continues to see inflows for their spot Bitcoin ETFs eating the market share from Grayscale as GBTC continues to bleed amid high management fees. Spot Bitcoin ETFs Record Nine Consecutive Days of Inflow, Fidelity Leads
Read More »US Bitcoin ETFs Attract $255 Million in Investments
CoinspeakerUS Bitcoin ETFs Attract $255 Million in Investments While Grayscale's GBTC saw outflows running in millions on Monday, companies like BlackRock and Fidelity received a combined net inflow of $406 million on the same day. US Bitcoin ETFs Attract $255 Million in Investments
Read More »Bitcoin (BTC) Price Rebounds Above $41K as Grayscale Outflows Slow Down
CoinspeakerBitcoin (BTC) Price Rebounds Above $41K as Grayscale Outflows Slow Down According to data from BitMEX Research, GBTC witnessed a decrease in outflows, with $394.1 million on January 25, down from $429.3 million on Wednesday and $515.3 million on Tuesday. Bitcoin (BTC) Price Rebounds Above $41K as Grayscale Outflows Slow Down
Read More »New Bitcoin Spot ETF Attracting Capital from Other Products, Says JPMorgan
JPMorgan predicts that a lot of money currently invested in other crypto instruments will be re-directed to the Bitcoin spot ETF. Even before the Bitcoin spot ETF was approved, industry experts had already predicted that it would be high in demand. Given how many years companies in the crypto space pursued an ETF, that was to be expected. But now, a report from JPMorgan casts light on just how popular the new crop of spot Bitcoin ETFs has been. As per the report, a lot of the capital...
Read More »Grayscale Investments’ Top Executives Barry Silbert and Mark Murphy Resign from Board of Directors
In addition to top executives stepping aside from the board of directors, Grayscale Investments also filed an updated spot Bitcoin ETF application with the SEC on Tuesday. Top cryptocurrency investor Grayscale Investments LLC has been preparing to offer spot Bitcoin exchange-traded funds (ETF) in a bid to widen its market share. On Tuesday, the company made several moves to ensure an imminent approval of spot BTC ETF, which is anticipated to happen in the next few weeks. Grayscale...
Read More »Bitwise Drops 10 Predictions for Crypto in 2024
Bitwise has published 10 predictions for the crypto industry in 2024, including a fall in Ethereum transaction cost and the approval of Bitcoin ETFs. As we are coming closer to a new year, there are inevitably not only recaps of 2023 but predictions for 2024. The industry is in a very interesting place with top tokens showing signs of recovery and major milestones within view. In light of this, Bitwise has released 10 predictions they have for the crypto industry in 2024. Bitwise’s Crypto...
Read More »IEEE to Execute Credentialing System on Avalanche in Zupple Labs Partnership
IEEE’s influence spans a wide range of sectors, including publications, conferences, technology standards, and professional and educational activities. The Institute of Electrical and Electronics Engineers (IEEE), the world’s largest technical professional organization with over 426,000 members across 160 countries, has taken a pioneering step towards enhancing the security and efficiency of its credentialing system. In a strategic partnership with Zupple Labs, IEEE is set to implement a...
Read More »Societe Generale Debuts Controversial Euro Stablecoin EUR CoinVertible on Bitstamp
Unlike what JPMorgan offers with its JPM Coin, the EUR ConVertible will be available for trading, thus opening up immediate access for a wide range of investors. Societe Generale, the third-largest bank in France is set to launch its EUR CoinVertible stablecoin on the crypto exchange Bitstamp. The move represents a pioneering effort by the Paris-based bank as it will be the first bank to offer a stablecoin on a cryptocurrency exchange. For what it’s worth, the bank’s groundbreaking action...
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