Bitcoin Traders Eye Support at $40K as ETF Contrarian Bets Prove Right
The approval of spot bitcoin ETFs in the U.S. was much anticipated and well-priced, so the event will likely be a short- to mid-term top for the price, analysts said.
JPMorgan Sees Significant Capital From Existing Crypto Products Pouring Into New Spot Bitcoin ETFs
The newly created ETFs could attract inflows of up to $36 billion from other crypto products like Grayscale Bitcoin Trust (GBTC), the report said.
Tokenized Fund Adoption Grows but Brings Technology Risks: Moody’s
Entities providing tokenization tech have a limited track record and may contribute to increased risk, a new report by analysts at the credit-rating agency says.
Venezuela Ends Controversial Petro Cryptocurrency: Reports
Venezuela is ending its Petro cryptocurrency on Monday, more than five years after it was first launched, according to multiple reports.
In Failed Bitfinex Exploit Attempt, Billions in XRP Moved
The failed token transfers spooked some market watchers as they amounted to nearly half of XRP’s $30 billion market capitalization.
Bitcoin’s Technicals Suggests Deeper Pullback to $38K: Analyst
Bitcoin’s RSI divergence signals correction, 10x Research said.
SEC Statement on the Hack of Its X Account and the Resulting Fake Bitcoin ETF Approval Announcement
SEC logo (Nikhilesh De/CoinDesk)
SEC Comments on Hack of Its X Account and Resulting Fake Bitcoin ETF Approval Announcement
The U.S. Securities and Exchange Commission said its systems and devices were not breached by the party responsible for tweeting out a fake bitcoin ETF approval announcement earlier this week.
What Other Crypto Firms Could Go Public This Year
After Circle’s SEC filing marking the first step towards a public listing, CoinDesk examined the other firms that might try to go public amid a rebound in crypto markets. High on the list of possibles: Kraken and Ripple.
BTC Tumbles Below $44K, Bitcoin Miners Drop 10% Boosting ETF ‘Sell the News’ Calls
Bitcoin [BTC] dropped to near $43,000 Friday, a fall of 6% in day-over-day trading, while some bitcoin mining stocks tumbled over 10% extending yesterday’s decline after Thursday’s highly-anticipated spot bitcoin ETF debut.