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Bitcoin ETFs daily trading volume surpasses $5 billion to hit 4-month high
Spot Bitcoin (BTC) exchange-traded funds (ETFs) recorded over $5 billion in daily trading volume in the US on Aug. 5. This is the first time spot Bitcoin ETFs in the […]
Xapo Bank to offer 1% yield on Bitcoin in UK
Xapo Bank, a Bitcoin-focused institution, has announced its expansion into the United Kingdom, according to an Aug. 5 statement shared with CryptoSlate. The firm stated that the move makes it […]
Bitcoin dives to six-month low as investors flee risk-on assets amid macroeconomic uncertainty
Investors are fleeing perceived riskier assets like Bitcoin due to a challenging macroeconomic environment severely impacting the crypto market. Bitcoin‘s price plunged to a six-month low of under $50,000 amid […]
Morgan Stanley first in Wall Street to authorize spot Bitcoin ETFs for wealthy clients
Morgan Stanley will be the first major Wall Street bank to permit its financial advisors to offer spot Bitcoin exchange-traded funds (ETFs), CNBC reported on Aug. 2, citing sources familiar […]
Trump touts Bitcoin’s potential to ‘wipe out’ US national debt, says its ‘a very big thing’
Former President Donald Trump has suggested that Bitcoin could be a key tool in addressing the United States’ burgeoning national debt, which has officially hit $35 trillion as of July […]
Genesis begins distributing $4 billion in assets to creditors, creates legal fund to sue DCG, others
Genesis has finalized its restructuring process and started distributing roughly $4 billion in digital assets and US dollars to creditors, according to an Aug. 2 statement. The company revealed that […]
Trump’s $499 Bitcoin-themed sneakers sell out swiftly, resell prices spike to $2500
Former US president Donald Trump’s Bitcoin-themed sneakers have already sold out, according to the Trump Sneakers website. Launched on July 31, the 1,000 pairs of the bright orange version of […]
Bitcoin fiat pair performance highlights economic and political challenges
Analyzing Bitcoin and fiat trading pairs on centralized exchanges often reveals performance disparities that remain invisible when focusing on global or average prices. It shows how liquidity, geopolitical and economic […]
MicroStrategy faces scrutiny over cash flow and Bitcoin holdings ahead of Q2 earning
MicroStrategy, a prominent Bitcoin holder, faces scrutiny regarding its cash flows ahead of its earnings report. On July 31, Michael Saylor, a prominent Bitcoin advocate, announced that the company would […]
Riot buys more Bitfarms shares, now holds nearly 16% stake
Bitcoin miner Riot Platforms has intensified its acquisition strategy against rival Bitfarms by purchasing approximately 10 million additional shares this month, according to a July 31 filing with the US […]