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The Latest Breaking News from Bitcoin

Bitcoin Makes Epic Comeback As BTC ETF Witnesses Boost In Trading Activity

Bitcoin demonstrated resilience by establishing stability within the $39,000 to $40,000 range and showcased its bullish strength Friday when it saw a notable surge, closing at the $42,000 mark.

International Business Times

Britain Crypto Renaissance: How will UK market evolve and grow in 2024 With the New FCA Rules?

The new FCA rules coming into full effect on January 8 will create a more civilised and stable environment in the UK for crypto firms and traders.

International Business Times UK

Investment Giant Charles Schwab Poised For Spot Bitcoin ETF Launch, Experts Predict

Charles Schwab's position may soon change, as it could be currently evaluating the strategic advantage of entering the market as a second mover in a space where many competitors raced to be the first, Bloomberg Intelligence analyst Eric Balchunas said.

International Business Times

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CFTC Chair Pushes For Sweeping Regulatory Overhaul After Landmark US Bitcoin ETF Approval

"The need for federal legislation over cash market digital assets has never been more critical, and I will continue my call for action," the CFTC chair said.

International Business Times

Investment Giant Vanguard Takes a Stand, Declares Bitcoin An 'Immature Asset Class'

When Vanguard made the decision to exclude the new Bitcoin ETFs from its extensive trading platform, the hashtag #BoycottVanguard quickly gained traction on the social media platform X (formerly Twitter). However, instead of yielding to the pressure, Vanguard reaffirmed its stance and remained resolute in its decision.

International Business Times

Bitcoin ETF Showdown: BlackRock's iShares Bitcoin Trust Attracts Massive $2 Billion Inflows, Sets New Industry Benchmark

This impressive surge in inflows further cemented BlackRock's position as a trailblazer in the Bitcoin ETF sector.

International Business Times

Bitcoin Makes A Strong Comeback, Surpassing $42K As GBTC Selloff Stalls

Since transitioning to trade as a spot Bitcoin exchange-traded fund (ETF) on January 11, the Grayscale Bitcoin Trust (GBTC) has experienced an outflow of approximately $4.8 billion from its holdings.

International Business Times

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Bitcoin prices plummet as institutional investors sell Grayscale bitcoin ETFs

Discover the reasons behind the disparity between the strong volume and approval of Bitcoin ETFs and the drop in Bitcoin price. Explore data and insights i...

Top News

Bullish or Bearish on Bitcoin? How Fluctuating Crypto Markets Influence Our Investing Decisions

Explore the impact of Bitcoin's market fluctuations on investing decisions in the dynamic world of crypto.

International Business Times UK

Holding The Line: Tesla Stays Resolute On Bitcoin In Q4 Earnings Report

Tesla Inc.'s fourth-quarter report noticeably omitted any mention of Bitcoin-related activities, underlining the company's continued ownership of its significant Bitcoin holdings, totaling 9,720 BTC.

International Business Times

Judge Advocates For Focused And Fast-Track Approach In FTX Bankruptcy Investigation

During this week's hearing, the Office of the U.S. Trustee, the federal entity responsible for overseeing corporate bankruptcies, advocated for keeping the cost, duration and extent of the fresh investigation open until after the examiner's appointment.

International Business Times

Data gold rush: companies once focused on mining cryptocurrency pivot to generative AI

Tech companies are cashing in on an unprecedented demand for computing power needed to operate artificial intelligence

The Guardian - AU

Grayscale's Bitcoin Exodus Appears To Stall With GBTC's Record Low Net Outflow

GBTC has been recording massive outflows since it officially traded as a spot Bitcoin exchange-traded fund (ETF).

International Business Times

From Darknet to Auction Block: US Set To Sell $130 Million Silk Road-Linked Bitcoin Stash

In the notice, the government explicitly outlines its intentions to liquidate the seized Bitcoin.

International Business Times

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The Hindu

Bitcoin scam: FIR reveals multiple irregularities by CCB inspectors

Bitcoin scam investigation reveals arrests of police officers, illegal custody, hacking, and destruction of evidence.

The Hindu

Bitcoin scam: SIT arrests two, including Police Inspector

Bengaluru Bitcoin scam investigation leads to arrest of police inspector and cyber crime expert, with more suspects booked.

International Business Times

SEC Is 'Hard No' On Ethereum ETF; Issuers Hold Out For A Positive Turn

The SEC's stance on spot Ethereum ETFs appears less favorable, as it has been described as a "hard no" with reported "internal resistance to the idea."

Latin Times

Bitcoin in the U.S., Latinos Drawn to Crypto as an Alternative 'Pathway to Wealth Building'

Crediverso CEO Carlos Hernández explores financial disparities among U.S. Hispanics and the community's growing interest in Bitcoin

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International Business Times

SEC Seeks More Time On Ethereum ETF, Delays Decision on BlackRock's Application To March

BlackRock filed for its spot Ethereum ETF in November, called the iShares Ethereum Trust. The SEC made the delay one day before the Jan. 25 deadline, marking the initial delay within the SEC's 240-day review period.

International Business Times

Bitwise Leads The Pack, Discloses Wallet Address For Bitcoin ETF Holdings

Bitwise's latest move is in line with the fundamental principles of Bitcoin, which prioritize transparency and open verification. Disclosing addresses allows investors and regulators to independently validate asset holdings and transaction flows.

The Hindu

Top news developments in Karnataka on January 25, 2024

International Business Times

ARK Invest's Latest Maneuver Reveals Strategic Play Of Boosting ARKB Holdings While Shedding BITO

ARKB, on its eighth day of trading, the fund experienced a notable inflow of $110.5 million, further solidifying its position as an attractive investment vehicle in the Bitcoin ETF landscape.

International Business Times

Crypto Chaos: Inside SEC's X Account Hack And Market Impact

SEC's X account hack, involving a SIM swap, instigates market turmoil as investigators delve into the cyberattack's details.

International Business Times

Grayscale Bitcoin Trust Balance Sees 12% Decline, Reaches 553,000 BTC As Pressure Mounts

Grayscale Bitcoin Trust ETF (GBTC) Bitcoin balance currently stands at approximately 553,000 BTC, marking a notable decrease of approximately 12% from its peak level of 630,000 BTC.

International Business Times

BlackRock's IBIT Commands Bitcoin ETF Arena with $272M Inflows Amid GBTC's Nearly $600M Exodus

The significant uptick in inflows for the IBIT on Tuesday marked the ETF's third-largest inflow day.

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