#bitcoin

Crypto-Inspired Communication Devices Could Disrupt Government Surveillance, Says Telegram Founder
Crypto

Crypto-Inspired Communication Devices Could Disrupt Government Surveillance, Says Telegram Founder

In a world increasingly wary of government surveillance, Pavel Durov, the founder of Telegram, envisions the frontier of privacy through the development of crypto-inspired hardware for secure communication. During an interview with Tucker Carlson on April 17, Durov remembered how governments keep hiding the movement or sharing data secretly from private individuals: “The world is […]

Apr. 17, 2024
Hong Kong SFC Approves Spot Bitcoin & Ethereum ETFs : Report
Bitcoin

Hong Kong SFC Approves Spot Bitcoin & Ethereum ETFs : Report

In a significant development for Hong Kong’s crypto market, the Securities and Futures Commission (SFC) has given the green light to several spot Bitcoin and Ethereum exchange-traded funds (ETFs). This decision marks a milestone in the region’s crypto landscape, paving the way for greater accessibility and legitimacy in digital asset investments. On Monday during the […]

Apr. 15, 2024
Bitcoin ETFs in Hong Kong could surge demand to $25 Billion
Bitcoin

Bitcoin ETFs in Hong Kong could surge demand to $25 Billion

In a significant development for the cryptocurrency market, Hong Kong is on the verge of approving a spot Bitcoin exchange-traded fund (ETF), marking a milestone in the convergence of traditional finance and digital assets. Hong Kong’s Matrixport, a provider of cryptocurrency services in Singapore, indicated that Hong Kong authorities’ prospective approval of Bitcoin Spot ETF […]

Apr. 14, 2024
SEC Postpones Bitwise and Grayscale Bitcoin ETF Decision
Bitcoin

SEC Postpones Bitwise and Grayscale Bitcoin ETF Decision

In a recent development, The United States securities regulator has delayed its decision on whether to allow the New York Stock Exchange (NYSC) to offer options trading on spot Bitcoin (BTC) ETFs. This move will directly impact the trading strategies involving the Bitwise Bitcoin ETF and the Grayscale Bitcoin Trust. It will also affect any […]

Apr. 9, 2024
ARK Bitcoin ETF Daily Outflows Surpass Grayscale’s GBTC for the First Time
Bitcoin

ARK Bitcoin ETF Daily Outflows Surpass Grayscale’s GBTC for the First Time

Cathie Wood’s ARK 21Shares Bitcoin ETF (ARKB) saw net outflows of $87.5 million on April 2, the highest since its debut, according to preliminary data from Farside Investors. This outflow is equivalent to approximately 1,300 BTC. The amount surpasses outflows seen from Grayscale’s Bitcoin Trust (GBTC), which recorded $81.9 million on the same day.  This […]

Apr. 3, 2024
Bitcoin Falls Below $66K, Leads to $483M in Crypto Liquidations
Bitcoin

Bitcoin Falls Below $66K, Leads to $483M in Crypto Liquidations

Bitcoin (BTC) fell 5% to $65,970 from $69,450 in less than 30 minutes in the early hours of April 2 UTC. This marks a 10.60% drop from its peak of $73,798 reached in mid-March.  The price drop triggered a massive liquidation of over $483 million worth of leveraged crypto positions on centralized exchanges (CEXs) in […]

Apr. 2, 2024
Bitcoin Whale Moves Over $6B Worth of BTC To Three New Addresses
Bitcoin

Bitcoin Whale Moves Over $6B Worth of BTC To Three New Addresses

According to a March 25 X post by Arkham Intelligence, the 5th richest Bitcoin address, known cryptically as “37X,” transferred nearly its entire balance of 94,500 BTC, valued at $6.05 billion, on March 23, leaving only 1.4 Bitcoin in the initial address. The move sent ripples through the crypto community, as the large sum had […]

Mar. 27, 2024
Bitcoin ETFs Record $15M in Net Inflows as BTC Surges to $71K
Bitcoin

Bitcoin ETFs Record $15M in Net Inflows as BTC Surges to $71K

The net aggregate flow of funds to the spot Bitcoin (BTC) exchange-traded funds (ETFs) turned positive for the first time since March 15. According to provisional data published by investment firm Farsid, spot BTC ETFs registered inflows totalling $15.4 million on March 25. This marks a reversal of a trend that led to net outflows […]

Mar. 26, 2024
Grayscale’s Bitcoin ETF Outflows Jump to $1.8B This Week
Bitcoin

Grayscale’s Bitcoin ETF Outflows Jump to $1.8B This Week

Crypto asset manager Grayscale’s Bitcoin exchange-traded fund (ETF) experienced another day of significant outflows, with nearly $359 million exiting the fund on March 21. This follows a massive week of outflows, with March 18 seeing the largest single-day outflow of $643 million, according to data from Farside Investors.  The total outflow from Grayscale’s GBTC for […]

Mar. 22, 2024