Is Grayscale Takeover Bait Amid Bitcoin ETF Battle?
Experts said newcomers in the bitcoin investing game could be enticed by Grayscale, the incumbent with a huge lead.
Bitcoin ETF
First Mover Americas: Bitcoin Slips Below $39K
The latest price moves in bitcoin [BTC] and crypto markets in context for Jan. 23, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
SEC Shut Off Extra Security on X For About 6 Months, Letting Hacker Breeze In
The U.S. Securities and Exchange Commission (SEC) confirmed that a hacker took over its X account through a “SIM swap” attack that seized control of a cell phone associated with the account. That allowed the outsider to falsely tweet on January 9 that the agency had approved spot bitcoin exchange-traded funds (ETFs), a day before the agency actually did so.
Bitcoin Slides Below $40K, Now Down Nearly 20% From Post-ETF Euphoria
Analysts at 10x Research are eyeing the $38,000 level for a potential bottom.
Bitcoin Bulls Buoyed by Report of FTX’s $1B GBTC Sale
Flows of fresh investor money into the newly approved spot bitcoin ETFs may be far higher than previously thought.
FTX Sold About $1B of Grayscale’s Bitcoin ETF, Explaining Much of Outflow: Sources
BTC’s price has fallen since bitcoin ETFs were approved. In theory, now that FTX is done selling its substantial holdings, the selling pressure could ease since a bankruptcy estate liquidating holdings is a relatively unique event.
First Mover Americas: Solana, Cardano Lead Losses as Market Starts Week in the Red
The latest price moves in bitcoin [BTC] and crypto markets in context for Jan. 22, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Trading Volume on Proshares Bitcoin ETF Tanks 75% As Focus Shifts To Spot ETFs
Observers said BITO will remain an integral part of the market as a hedging instrument for authorized participants associated with the recently launched spot ETFs.
The New York Times Still Doesn’t Get Bitcoin
(Cheyenne Ligon/CoinDesk)
First Mover Americas: Bitcoin Slips Over 15% Since ETF Approval
The latest price moves in bitcoin [BTC] and crypto markets in context for Jan. 19, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.