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Bitcoin retraces back to critical monthly all-time high support level from 2021
Bitcoin will close April down this evening following a drawdown of roughly 15% since the start of the month. The close of the monthly candle will mark the end of […]
Hong Kong’s Bitcoin and Ethereum ETFs launch with lower than expected trading volumes
Hong Kong’s debut of Bitcoin and Ethereum exchange-traded funds (ETFs) commenced with modest trading volumes, tallying up to 87.58 million HKD, equivalent to $11.19 million, based on Hong Kong Stock […]
Grayscale’s outflows slow as investor interest in altcoins like Solana, Polkadot rises
Inflows into the Newborn Nine ETFs fell by more than 50% during the past week to $126 million from $254 million, according to CoinShares weekly report. Per the report, these […]
Osmosis founder envisions Cosmos as Bitcoin’s application layer in DeFi future
In a recent episode of the SlateCast, Akiba and Nate welcomed Sunny Aggarwal, the founder of Osmosis, for an insightful discussion about the Cosmos ecosystem, the rise of hyperbitcoinization, and […]
VanEck lead charge as Australia prepares for Bitcoin ETF launch
Australia is poised to join the global trend of countries, including the US and Hong Kong, allowing their citizens to invest in Bitcoin exchange-traded funds (ETFs). ASX to approve Bitcoin […]
Investor exodus from Bitcoin ETFs as BlackRock and Fidelity see significant outflows
Investor interest in spot Bitcoin exchange-traded funds (ETFs) appears to be waning, with outflows totaling $218 million in the past day. According to data from Farside Investors, BlackRock’s IBIT Bitcoin […]
Marathon Digital doubles hash rate target to 50 EH/s
Bitcoin miner Marathon Digital has reviewed its hash rate target for this fiscal year to 50 EH/s, according to an April 25 statement. Initially, the miner aimed to boost its […]
Morgan Stanley considers allowing brokers to recommend Bitcoin ETFs to clients
The financial behemoth had initially greenlit BTC ETF purchases following approval earlier this year. However, these transactions were strictly initiated by customers, necessitating them to proactively engage with their advisors […]
KPMG survey reveals significant uptick in institutional adoption of crypto in Canada
The Canadian financial sector witnessed a significant uptick in crypto adoption in 2023, according to a recent survey by KPMG in Canada. Financial firms offering crypto products and services increased […]
Authorities shut down Samourai Wallet, arrest founders over money laundering charges in $2 billion DOJ case
International authorities collaborated to shut down Samourai Wallet and arrested its two founders on April 24 after the US Department of Justice (DOJ) filed criminal charges against the privacy wallet […]