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📢Spot Bitcoin ETF trading volume surpasses $9.4 billion in its first three days.

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📢Socket was hacked and scammers stole more than $3.3M.

🟠It Affected wallets with unlimited approval of Socket contracts ( include Bungee, Layer3, Zapper bridges ).


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Bitcoin has bypassed silver to become the second largest ETF commodity asset class in the U.S. in terms of assets under management

⚫️Silver was previously the second-leading single commodity ETF in terms of AUM in the U.S. However, spot bitcoin ETF funds, including the conversion of Grayscale's GBTC trust, now hold approximately 647,651 bitcoin, which amounts to $27.5 billion in AUM

✅Source


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📢X launches new payments account.

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📢Grayscale has transferred more than $640 million worth of BTC  to Coinbase.

Are they going to dump it?👇

https://twitter.com/wiseadvicesumit/status/1749440116437717083?


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📢iShares Bitcoin Trust (BlackRock) received 4,808 $BTC($194.4M) from CoinbasePrime 9 hours ago and currently holds 33,431 $BTC($1.33B).

🔗Source: Click here


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📢Update: iShares Bitcoin Trust (BlackRock) received 6,495 $BTC($254.7M) from CoinbasePrime 7 hours ago and currently holds 39,925 $BTC($1.59B).

🔗Source: Click here

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📢Drift Protocol faces unusual behavior in RLB Market.

🟠The team assures that the funds are safe.

🔗Source: Click here


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📌 🇺🇸 Stablecoin issuer Tether is deemed as one of the most important parts of the US financial economy! 🤯🥶

"Tether is the 16th largest holder of US Treasuries. At this point they are an essential part of the American financial economy."😇

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🔡🔡🔡🔡 🏛 Charles Schwab, with $8.5 trillion AUM, could soon launch a spot Bitcoin ETF, capitalizing on second-mover advantages 😮

Analysts suggest a "big and disruptive" move, such as "rolling out shock-and-awe low fees"

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📣 BlackRock & VanEck are now advertising Spot 💰Bitcoin ETFs on Google following new policy update.


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🔡🔡🔡🔡JUST IN :  A Hong Kong court determined that Evergrande, China's largest real estate developer, must be liquidated.

The stock is now down another 20% today on the news and trading has been halted.


The Real Estate Giant Owes Over $300 Billion

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#Blackrock Snags 52,025 #Bitcoin, While #Fidelity Now Holds 46,238 #BTC


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JUST IN: 🇺🇸 X has been issued a money transmitter license for payment services in #Nevada.


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India #CryptoCommunity demands tax reforms ahead of #Budget2024.


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💳Visa enables crypto withdrawals on debit cards in 145 countries

▶️Visa clients in 145 countries can now withdraw cryptocurrencies like Bitcoin directly from wallets like MetaMask to debit cards via the new Transak integration.

🔗Source: Click here

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📣 JUSTIN: German police seized 50,000 #Bitcoin valued + €2.17 billion, reportedly purchased with funds from a movie piracy website till 2013.

In a landmark operation, German police have seized around 50,000 bitcoins, valued at approximately €2 billion. This incident marks one of the largest seizures of its kind in the country. The bitcoins were obtained following an investigation into two individuals suspected of running a piracy website and engaging in money laundering activities. The suspects voluntarily transferred the bitcoins to a federal agency. The investigation remains ongoing, with further details yet to be disclosed.

Stay updated with this developing story on @Bitcoin_Insights

🔗 Link

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