Grayscale CEO: BlackRock ETF filing a ‘moment of validation’ for Bitcoin
BlackRock’s commitment to advancing its crypto efforts only lends to the validity of Bitcoin as an asset class, said Michael Sonnenshein. Go to Source Powered by WPeMatico
BTC
Auto Added by WPeMatico
Bitcoin exchanges now hold the same BTC supply share as in late 2017
BTC supply dynamics are pointing firmly in Bitcoin bulls’ favor, as an analyst says that “true price discovery” may come as a result. Go to Source Powered by WPeMatico
BlackRock ETF stirs US Bitcoin buying as research says ‘get off zero’
Bitcoin is a must-own as the world’s only truly scarce asset, analysis argues, as U.S. BTC accumulation takes a leg up. Go to Source Powered by WPeMatico
SEC has pushed investors into ‘toxic’ crypto products and FTX: Winklevoss
Gemini co-founder Cameron Winklevoss said the SEC’s refusal to approve a spot Bitcoin ETF has been a “complete and utter disaster for US investors.” Go to Source Powered by WPeMatico
Why approving a Bitcoin ETF might unleash $18 billion in sell-pressure
Grayscale GBTC Trust conversion to an ETF will unlock a potential sale of up to $18 billion in Bitcoin. Go to Source Powered by WPeMatico
The world’s biggest Bitcoin conferences: Decentralize with Cointelegraph
What do thought leaders at the world’s largest Bitcoin conferences make of Bitcoin in 2023? This week’s Decentralize with Cointelegraph podcast focuses on Bitcoin 2023 in Miami and BTC Prague. Go to Source Powered by WPeMatico
North Carolina House passes bill to commission study on holding Bitcoin
The study would examine the possible impact of holding crypto and how the state would custody a digital currency. Go to Source Powered by WPeMatico
Bitcoin no longer crypto of choice for illicit crypto activity: TRM Labs
While fiat channels remain the dominant tool for criminal financing, Bitcoin appears to have fallen out of favor for criminals as far as cryptocurrencies go. Go to Source Powered by WPeMatico
Bitcoin miners send record $128M in revenue to exchanges
Bitcoin miners have sent up to 315% of their daily revenue to exchanges but BTC prices are yet to react. Go to Source Powered by WPeMatico
Bitcoin reaches 50% market dominance for first time in 2 years
Blackrock’s spot ETF filing and the Securities and Exchange Commission’s crackdown on crypto are driving investors toward Bitcoin. Go to Source Powered by WPeMatico