ARK Continues to Shuffle Out of BITO, Buys $15M of its Own ETF
Cathie Wood’s investment fund continues to double down on its recently listed spot bitcoin ETF.
Bitcoin Exposed to Possible $1.5B in Future GBTC Sales, JPMorgan Says
An additional $1.5 billion could exit GBTC, putting more pressure on the bitcoin price in the coming weeks, the report said.
Manta Network Hit by DDoS Attack Day After Token Issuance
The network’s MANTA token went live on Thursday and has reached a $550 million capitalization.
Ether Could Soar in 2024 on the Back of Dencun Upgrade, ETF Narrative: Analysts
The ether- bitcoin ratio has surged 10% in the first 19 days of the year, taking back part of last year’s 25% slide.
Crypto Bulls Lose $217M as Apparent Grayscale Sales Weighs on Bitcoin
Analysts also pointed out that GBTC shares flipped to a 0.9% discount on Thursday amid “likely selling pressure.”
Bitcoin Instantly Topped Silver in ETF Market and Trails Only Gold Among Commodities
Silver has existed since dying stars started spewing the metal out billions of years ago. Bitcoin is 15 – but it’s already a bigger deal in the U.S. ETF market. Bitcoin ETFs had more assets than silver ETFs the instant the U.S. Securities and Exchange Commission approved them last week, and trailed only gold among commodity-focused U.S. ETFs.
Bitcoin Plunges Below $41K as ‘Sell the Bitcoin ETF News’ Wins the Day
Despite sizable net inflows into the new spot ETFs, bitcoin is lower by more than 12% since the products began trading one week ago.
Donald Trump’s NFTs Have Limits Normal Ones Don’t
Donald Trump pitching his NFTs (CollectTrumpCards.com)
Davos Debate: Should Tokenization Follow the ‘Same Activity, Same Rules’ Approach?
Regulation should be technology-agnostic, and focus on the activity and the outcome. But with blockchain-based security issuance, that approach could hold back the industry’s progress, says Noelle Acheson.
Coinbase vs. the SEC Debates the Difference Between Beanie Babies and Securities
The toys figured strongly in arguments over securities law, but will the case answer fundamental questions about crypto’s future.