Bitcoin ETFs Record Third Day Of Inflows, Price Tops $66,000

Bitcoin, bitcoin ETF, Bitcoin ETF news, Bitcoin News, BlackRock, btc, coinbase, GBTC, Grayscale, Spot Bitcoin ETFs

In another remarkable day for cryptocurrency investments, US-based spot Bitcoin Exchange Traded Funds (ETFs) witnessed a substantial influx of capital, totaling $257.3 million on Thursday. This significant inflow marks the third consecutive day of large-scale investments into these funds, signaling a robust and returning interest among institutional and retail investors alike in Bitcoin. The Grayscale […]

Crypto Just Had A Game-Changing Moment, But Will Biden Veto?

Bitcoin, Bitcoin News, Crypto, Crypto News, cryptocurrencies, Joe Biden, President Biden, SAB 121, US Congress, US Senate

In a potentially game-changing moment for the crypto sector, the US Senate has passed H.J. Res 109, a bill seeking to overturn the Securities and Exchange Commission’s (SEC) Staff Accounting Bulletin (SAB) No. 121 om Thursday, May 16. The bill was passed with substantial bipartisan support, receiving a 60-38 vote in the Senate and earlier […]

Bitcoin ETF Deadline Ends With A Bang: Institutions Buy Big

Bitcoin, bitcoin ETFs, Bitcoin News, bitcoin price, btc, btc price, Spot Bitcoin ETF news, US Bitcoin ETFs

The curtain fell on the first-quarter 13F filings with the US Securities and Exchange Commission (SEC) on Wednesday, and the reports revealed a seismic shift in institutional investment patterns toward spot Bitcoin exchange-traded funds (ETFs), with Millennium Management emerging as a frontrunner in this new asset class. Millennium Becomes The King Of Bitcoin ETFs Millennium […]

Ripple Bolsters Position As A Digital Asset Custody Provider

Metaco, ripple, ripple labs, ripple news, XRP, XRP price

Ripple is transitioning into a full-service digital asset custody provider, following its acquisition of Metaco, a Swiss-based leader in the sector, for $250 million in May 2023. This development represents a significant expansion of the fintech’s capabilities into the institutional crypto custody market—a segment that is expected to experience substantial growth over the next decade. […]

Who’s Buying The Bitcoin ETFs? Bitwise CIO Shares Insights

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In a new memo, Matt Hougan, Bitwise Chief Investment Officer Matt Hougan offered a detailed analysis of the early adopters of Bitcoin Exchange-Traded Funds (ETFs) based on 13F filings with the SEC. His insights underscore a significant embrace of Bitcoin ETFs by professional investment firms, heralding a potential shift in the landscape of BTC investments. […]

New Filing Reveals What Ripple Wants To Hide From The Public

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In a court filing on May 13, 2024, Ripple Labs has formally requested the United States District Court for the Southern District of New York to seal various documents that were submitted in connection with the SEC’s Motion for Judgment and Remedies. These documents, collectively referred to as the “Remedies Materials,” contain sensitive financial data, […]

Trump Campaign Develops Bitcoin Agenda With Industry Expert

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David Bailey, CEO of Bitcoin Magazine, has publicly announced his collaboration with Donald Trump’s campaign to forge a crypto-friendly agenda, potentially shaping future US policy on digital assets. Using the social media platform X, Bailey detailed his direct involvement in crafting a strategic vision for BTC and other cryptocurrencies under a potential Trump administration A […]

Harvest Plans To Open Bitcoin ETF To Mainland China

Bitcoin, Bitcoin ETF Mainland China, Bitcoin News, btc, china, Harvest, hong kong, spot Bitcoin ETF, Spot Bitcoin ETF Hong Kong

Harvest Global Investments, a Chinese fund house and one of the issuers of Hong Kong’s first spot Bitcoin and Ethereum exchange-traded funds (ETFs), has confirmed plans to potentially open these funds to mainland Chinese investors through the Hong Kong Stock Connect. This development could vastly expand the investor base and significantly impact the cryptocurrency market […]

Trump Champions Crypto: ‘I’m Good With It, Vote For Me’

Bitcoin, Crypto, Crypto News, cryptocurrencies, Donald Trump, Trump

On late Wednesday, Donald Trump, the former President and Republican frontrunner, declared his support for cryptocurrencies. This announcement came during a notable gathering at his Mar-a-Lago resort in Palm Beach, Florida, dubbed the Trump Cards NFT Gala, attended by supporters who are holders of NFTs depicting Trump’s name and likeness. During the event, Trump criticized […]

SEC Takes Another Stab At Ripple In Its Final Brief: Details

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The Securities and Exchange Commission (SEC) has submitted its remedies reply brief in its ongoing legal battle with Ripple Labs, accompanied by supporting exhibits. This filing marks a pivotal moment in the litigation as it is the final brief before Judge Torres will make her remedies ruling. SEC Files Final Brief As Decision Day Looms For […]

Ripple Vs. SEC: Sealed Remedies Reply Filed, What’s Next?

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In the latest from the XRP lawsuit between Ripple and the US Securities and Exchange Commission (SEC), the agency has filed its remedies reply brief under seal, signaling a significant advance in the case’s remedies phase. This stage focuses on determining the potential sanctions that the fintech company might face if the SEC is successful […]

Shiba Inu Team Raises $12 Million To Develop Layer 3 Chain

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The Shiba Inu development team announced a significant financial milestone, having successfully secured $12 million through the sale of its latest utility token, TREAT. This fund-raising round, led by the Web3-focused venture capital firm Animoca Brands, has drawn substantial support from a consortium of blockchain-focused investors, setting the stage for the development of an innovative […]