Grayscale CEO Foresees Spot Bitcoin ETFs Unlocking ‘$30 Trillion Worth of Advised Wealth’
In an appearance on CNBC today, the CEO of Grayscale Investments, Michael Sonnenshein, shared insights regarding the potential impact of a spot Bitcoin Exchange-Traded Fund (ETF) on the cryptocurrency market. Sonnenshein highlighted that a spot Bitcoin ETF could “unlock” around “$30 trillion worth of advised wealth.” Sonnenshein discussed the...
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Price analysis 12/18: SPX, DXY, BTC, ETH, BNB, XRP, SOL, ADA, AVAX, DOGE
Bitcoin may remain under pressure for a few days, but a collapse is unlikely as traders are expected to buy the dips in anticipation of a spot Bitcoin ETF....
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Former Lido holder files class action lawsuit against Lido DAO for crypto losses
The investor claimed that 64% of Lido tokens are controlled by just a few venture capital firms, preventing ordinary investors from having any control over decisions....
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Spot Bitcoin ETF Applicant Bitwise Releases New Bitcoin ETF Commercial
Bitwise, the aspiring applicant for a spot Bitcoin ETF, has unveiled a captivating commercial aimed at advocating for it’s upcoming Bitcoin Exchange-Traded Fund (ETF), if approved by the Securities and Exchange Commission (SEC). “A word to the wise, from a man of few words. #bitcoinisinteresting”, Bitwise said. The commercial,...
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Bitcoin miner Cipher buys 37K Bitmain Antminers for $99.5M
The new crypto-mining equipment to be bought by Cipher is expected to deliver 7.1 EH/s of self-mining capacity by the first half of 2025....
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Real Estate Investors Are Flocking To Bitcoin in Record Numbers, Says Swiss Exchange
Relai, a Swiss Bitcoin exchange, has disclosed with Bitcoin Magazine that a staggering 75% of its Over-The-Counter (OTC) revenue in the final quarter of 2023 stemmed from private clients diverting proceeds from real estate sales into Bitcoin, showcasing a seismic shift in investment strategies among investors. The surge is a...
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BlockShow unites with BlockDown for a crypto festival in Hong Kong
BlockShow marks its return to in-person conferences by joining forces with BlockDown to bring a crypto festival to an iconic Hong Kong location in May 2024....
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Spot Bitcoin ETF will be ‘bloodbath’ for crypto exchanges, analyst says
Spot Bitcoin ETFs could trigger unwanted consequences for crypto exchanges like Coinbase due to lower transaction fees, according to ETF analysts....
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Trader gambles $226K on Solana memecoin, hits $1.69M in 5 days
Another dog-themed crypto token comes into the limelight as the Solana memecoin frenzy continues....
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