BlackRock's iShares Bitcoin Trust Surges: Bags Over 11K BTC in Record Time Of 48 Hours
An analyst predicted that if this trend continues, the market could experience "an extreme supply crunch" in Bitcoin.
Terraform Labs' Do Kwon Seeks U.S. Trial Adjournment Amidst Montenegro Extradition Setbacks
The delay in Mr. Kwon's extradition proceedings in Montenegro was a direct result of an appeal made by his legal team, which successfully gained the court's approval.
Vanguard Unmoved By Record-Smashing $4.5B Bitcoin Exchange-Traded Funds Kickoff, Gives BTC ETFs The Boot
While over a dozen financial firms started offering Bitcoin ETFs on Thursday, with BlackRock, Grayscale and Fidelity emerging on top – registering around $4.5 billion in cumulative trading volumes, the crypto investment vehicle is not available for purchase in one of the biggest fund issuers in the world, Vanguard.
LG's 'Zero Labor Home' Vision Takes Center Stage: Smart Home AI Agent Steals The Show
Through a strategic partnership with Qualcomm Technologies, Inc., LG's AI Agent harnesses cutting-edge on-device AI features, including advanced facial and user recognition.
Meet Nvidia's Latest Marvel: GeForce RTX 4080 Super, A Powerhouse At A Lower Price
Nvidia's GeForce RTX 40-Series Super graphics cards are set for a phased launch. GeForce RTX 4070 will release on Jan. 17; RTX 4070 Ti Super on Jan. 24, and the flagship RTX 4080 Super will arrive on Jan. 31.
Revolutionizing Viewing Experience: Samsung's Transparent MicroLED Display Debuts At CES 2024
Considering Samsung's current pricing for its non-transparent MicroLED TVs, which stands at $150,000 for a 110-inch model, it may be some time before these transparent displays become widely accessible.
From Hot To Blistering: Bitcoin ETFs Zoom Past $3.5B Following $1B Opening Act
Bitcoin ETFs from financial giants BlackRock, Fidelity, and Grayscale have collectively soared past the $1 billion threshold in trading volumes within the first 30 minutes of market opening.
From Skepticism To Possibility: Musk Contemplates Bitcoin For Mars Colony
Musk, initially skeptical, is now reconsidering the use of Bitcoin as a potential currency for Mars colonization, contemplating its feasibility and the challenges of transaction times in space.
Bitcoin Bold Leap: ETF Green Light, Start Of Trading Drive Price Above $49K
Driven by the U.S. Securities and Exchange Commission's historic nod to the first Bitcoin ETF and the commencement of fund trading on U.S. exchanges, Bitcoin's value has catapulted to unprecedented heights.
Gensler 'Denigrated The Whole Crypto Space' After Approving Bitcoin ETF: ARK's Cathie Wood
But, along with the SEC's approval is Gensler's statement outrightly distancing himself from Bitcoin and the broader cryptocurrency industry, which did not fall right on the ears of high-profile individuals in the industry, particularly of ARK Invest's Wood.
Bitcoin Leads Market-Wide Rally As SEC Approves 11 Bitcoin ETFs
Bitcoin saw a significant spike in its value Wednesday following the approval of Bitcoin ETF in the country, although it was nowhere near its all-time high price of $69,000 in November 2021.
Bitcoin Loses $50M In Market Cap, Sees $90M In Liquidation After SEC's Fake BTC ETF Tweet
Bitcoin's market cap fell from $938.43 billion to $890.16 billion within hours after a fake tweet circulated online, coinciding with the SEC's disclosure of a compromised official X account.
Bitcoin ETF Fee War Persists As BlackRock, ARK 21Shares Cut Fees Ahead Of SEC Decision
The fee war in the Bitcoin ETF is expected since the SEC is anticipated to approve multiple applications simultaneously and issuer will offer the best fee to get the market share.
X Confirms SEC Account Was 'Compromised' Following False Bitcoin ETF Approval Tweet
The compromise was not due to any breach in the social media platform's systems "but rather due to an unidentified individual obtaining control over a phone number associated with the @SECGov account through a third party."
Spot Bitcoin ETF To Start Trading On Thursday: VanEck, Valkyrie Executives
Executives from leading firms suggested a potential approval announcement Wednesday, indicating that trading might start as soon as Thursday.
Prelude To Bitcoin ETF Approval? Securities Lawyers Weigh In On SEC Chair's Latest Crypto Warning
The SEC has been silent on the proposals but recently began issuing updates on spot Bitcoin ETF filings, amending eight 19b-4 forms detailing rule changes.
Market's High Stakes On SEC's Favorable Bitcoin ETF Decision Drive Bitcoin Surge
Bitcoin started the week strong, trading above $46,000 and later surpassing $47,000, marking a more than 6% increase from its Sunday closing price.
It Isn't Done Yet: Spot Bitcoin ETF Issuers Receive Additional Comments From SEC
The SEC on Monday started publishing notices of filing updates related to spot Bitcoin ETFs, including amendments to eight 19b-4 filings detailing proposed rule changes.
SEC's Response To Bitcoin ETF Filings 'Borderline Unheard Of' As It Races Against Time: Experts
While it usually takes days for the agency to provide comments or feedback on the documents, the SEC evaluated the paperwork immediately and provided its feedback within hours Monday.
Lazarus Hacking Group Moves Over $1M In BTC From Crypto Mixer Amid Spot Bitcoin ETF Buzz
The Lazarus Group was involved in a third of all crypto exploits and thefts, siphoning off around $600 million in funds in 2023 alone.
BTC Begins Week With 21-Month High, Eyes On Pending Bitcoin ETF Decision
Bitcoin (BTC) surged by almost 7%, reaching above $47,000 on Monday afternoon. This increase coincided with the submission of final S-1 forms to the SEC by hopeful Bitcoin ETF issuers such as BlackRock, Fidelity and Grayscale.
Bitcoin Surpasses $45K As Issuers Submit Final S-1 For Spot Bitcoin ETF
Bitcoin showed signs of recovery this week by surpassing the $45,000 mark for the first time in 21 months. However, it later retreated and stabilized between the $43,000 and $44,000 price range.
Spot Bitcoin ETF Fee War Escalates Prior To SEC's Approval Announcement
ARK 21 and VanEck's spot Bitcoin ETFs lead with a 0.25% fee, followed by Fidelity at 0.39%, Wisdom Tree at 0.50%, Invesco at 0.59%, Valkyrie at 0.80% and Hashdex at 0.90%.
ARK, Bitwise Battle For Lowest Bitcoin ETF Fee; No Charge For First 6 Months
With the final S-1 forms of some hopeful spot Bitcoin ETF issuers already submitted to the U.S. Securities and Exchange Commission (SEC), the industry now has an idea of which crypto investment vehicle will offer the lowest fee.
Chance Of SEC Rejecting Bitcoin ETF Down To 5%, Says ETF Analyst
Aside from industry experts sharing their forecasts on the possibility of the SEC approving or rejecting spot Bitcoin ETF proposals, the crypto community is also betting on it.
BlackRock Plans To Let Go Of 600 Employees Ahead Of Imminent Bitcoin ETF Approval
Savings from the job cuts would reportedly be utilized for the firm's expansion, particularly in technology investing, as well as in alternative products, away from bonds and stocks.
VanEck Commits To Long-Term Support For BTC Core Developers If Bitcoin ETF Gets Approved
VanEck announced its commitment to support the world's largest crypto asset by market capitalization and its development in the industry by donating $10,000 to Bitcoin core developers.
BlackRock Expects Official Entry Into Crypto Industry Via Bitcoin ETF On Wednesday: Report
Ahead of the deadline for the SEC to make a decision on the spot Bitcoin ETF proposals, former SEC chair Jay Clayton said the "approval is eventually inevitable."
SEC Has No Feedback On Latest Bitcoin ETF Paperwork; Sets Final Deadline For S-1s
ETF analyst Eric Balchunas said that the agency is trying to "line up everyone" for a Thursday launch.
BlackRock Reportedly Readies $2B Capital Reserve For Mobilization Upon Bitcoin ETF Approval
A leaked BlackRock plan on its spot Bitcoin ETF would destroy VanEck's estimate of the crypto investment vehicle's quarterly trading volume.
