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The Latest Breaking News from Bitcoin

ARK Invest's Strategic Gambit: Betting Big on Spot Bitcoin ETF's Potential

ARK Invest executed a strategic reallocation of its assets on Tuesday, divesting some of its holdings in ProShares Bitcoin Strategy ETF (BITO).

International Business Times

Spot Bitcoin ETFs Shatter Expectations: Nearly $10 Billion Trading Volume In Just Three Days

Despite not significantly impacting Bitcoin's price, the robust trading activity and substantial net inflows indicate a successful introduction and a positive market reception for Bitcoin ETFs.

International Business Times

Tether CEO Reacts After Cantor Fitzgerald's Chair Validates Stablecoin Issuer's Reserve Strength

The stablecoin issuer has endured prolonged scrutiny regarding its backing of USDT, a stablecoin that currently boasts an extensive market capitalization exceeding $95 billion, firmly establishing it as the predominant stablecoin in global circulation.

International Business Times

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iShares Bitcoin Trust Dominates The Market With Over $1B In Trading Volume In 3 Days

If this trading volume continues, it's just a matter of time before BlackRock's IBIT snatches the "Liquidity King" title from Grayscale's GBTC.

International Business Times

Crypto, Ether ETF 'A Certainty': Ripple CEO Calls Gensler's Regulatory Strategy A 'Political Liability'

Garlinghouse said that the swift rise in Ethereum's value after the authorization of spot Bitcoin ETFs is a clear indicator of the market's strong interest in a more diverse range of ETF products.

International Business Times

Core Scientific Granted Court Approval for Restructuring Amid Bankruptcy

Core Scientific, a leading Bitcoin mining company, has received court approval for its restructuring plans as it navigates through a challenging period.

Top News

Ex-Celsius CEO Fights To Dismiss Charges; Legal Team Reportedly Abandons Ship Over Non-Payment?

Aside from his indictments, Mashinsky is allegedly losing the Yankwitt LLP law firm in his defense team after it reportedly applied to withdraw its representation because of the crypto executive's alleged "deliberate disregard" to pay.

International Business Times

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SEC’s approval of Bitcoin ETFs sends muddled message

While the SEC approved Bitcoin ETF trading, the confusion right before the announcement shows disagreements within around the decision.

The Hindu

BlackRock CEO Unveils Plan For Bitcoin And Crypto, Initiating A 'Technological Revolution' In Finance

Blockchain technology enables the digitization or tokenization of conventional assets onto a publicly accessible ledger

International Business Times

SkyBridge's Scaramucci Predicts Bitcoin Reaching 0K by 2025

SkyBridge's Anthony Scaramucci predicts that Bitcoin will reach over 0,000 by 2025, attributing this rise to the halving event and the introduction of s...

Top News

Unpacking The Impact: Bitcoin ETF Sparks New Market Activity And Price Volatility Levels

According to a research analyst, "The price action of BTC, coupled with volume data and the performance of certain altcoins, demonstrates the adherence to the typical 'buy the rumor, sell the news' pattern associated with major market events."

International Business Times

The SEC did not follow best security practices in run up X account hack, and US lawmakers are not happy

One fake tweet altered the price of Bitcoin by thousands of dollars, and lawmakers want to make sure such interference doesn't happen again.

TechRadar

SEC Chair Gensler Claims Isolation of X Account Hack Amidst Mounting Political Pressure From Lawmakers

A parliament of Senators immediately demanded an answer from the SEC following the security incident that led to false yet market-moving information.

International Business Times

Michael Saylor's Masterstroke: MicroStrategy Chairman Gets $600M Richer On Bitcoin ETF Trading Launch

While opinions vary on the impact of Bitcoin ETFs on MicroStrategy's investment approach, Saylor views their approval as a major financial development, potentially the most significant one on Wall Street in the last 30 years.

International Business Times

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International Business Times

Elon Musk Holds Ground, Dogecoin and Bitcoin Retain Solid Positions On Tech Tycoon's Holdings

Musk, who christened himself as DogeFather, shared during a recent X Spaces event that he still owns DOGE while another one of his companies still has "a bunch" of Bitcoin on its portfolio.

International Business Times

Exclusive Interview: Morph CEO On Spot Bitcoin ETFs As A New Frontier In Crypto Investment

Despite the potential benefits, spot Bitcoin ETFs could trigger oversaturation and dilution of investments among too many funds.

International Business Times

BlackRock's iShares Bitcoin Trust Surges: Bags Over 11K BTC in Record Time Of 48 Hours

An analyst predicted that if this trend continues, the market could experience "an extreme supply crunch" in Bitcoin.

Barchart

Earnings, Retail Sales and Other Key Things to Watch This Week

Bitcoin was one of the main news items last week with various Bitcoin ETF’s being approved by the SEC. According to Reuters, $4.6 billion worth of Bitcoin ETF’s traded hands as of Thursday afternoon.

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Top News

Bitcoin Price Decline, Reaching Record Low

Bitcoin rate has plummeted to its lowest in six months, falling below 706.38 due to regulatory concerns and China's crackdown on mining

Top News

BCH Price today: Decrease in Bitcoin Cash 13 January 2024

Bitcoin Cash , the world's largest crypto currency, has suffered a steep decline in value, dropping below 2.79 for the first time in several weeks. The ...

Top News

Polkadot Price Decline, Reaching Record Low

Polkadot rate has plummeted to its lowest in six months, falling below .43 due to regulatory concerns and China's crackdown on mining

International Business Times

Venezuela Kills Off Petro Cryptocurrency

Venezuela is putting an end to the petro cryptocurrency that President Nicolas Maduro launched six years ago to sidestep US sanctions, but which never took off and became embroiled in a graft scandal.

Fortune

Gary Gensler says SEC decision to approve spot ETFs isn’t an endorsement: ‘Bitcoin, itself, we did not approve’

Gensler said the Securities and Exchange Commission may have approved the ETFs, but he does not endorse Bitcoin.

Top News

MATIC Price today: Decrease in Polygon 12 January 2024

Polygon , the world's largest crypto currency, has suffered a steep decline in value, dropping below MATIC Price today: Decrease in Polygon 12 January 2024.91 for the first time in several weeks. The decline...

Fortune

Bitcoin’s $4.6 billion ETF debut was a success

The impressive sounding number comes with some caveats, but overall the long-awaited Bitcoin ETFs look like a hit.

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