The US Securities and Exchange Commission 🇺🇸 (SEC) announced the postponement of Grayscale Investments' request to convert its Ethereum (ETHE) Trust product into an Ethereum Direct Traded Fund (ETF).
The authority took the same action yesterday regarding BlackRock's application for a similar product.
The authority took the same action yesterday regarding BlackRock's application for a similar product.
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🇺🇸 Billionaire Tim Draper says the US Government finally understands that "💰 Bitcoin is actually better for everyone."
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☀️ BTC is back up to $46,000
Today we have exactly a good morning, and the end of the week could be just fine.
🪢 Crypto_Insights
Today we have exactly a good morning, and the end of the week could be just fine.
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💵 Global debt now stands at over $307 trillion, equivalent to 336% of global GDP❗️
This is absolutely unpayable and it's a matter of time before it all comes crashing down 📉
Bitcoin is the only way out - only a few will be able to get aboard on time.
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This is absolutely unpayable and it's a matter of time before it all comes crashing down 📉
Bitcoin is the only way out - only a few will be able to get aboard on time.
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The SEC postponed the approval decision for Invesco and Galaxy's spot Ethereum ETF.
Bloomberg's Seyffart sees SEC's delay on Invesco Galaxy Ethereum ETF as expected, pinpointing May 23rd as the crucial date for the next focus.
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Bloomberg's Seyffart sees SEC's delay on Invesco Galaxy Ethereum ETF as expected, pinpointing May 23rd as the crucial date for the next focus.
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Whales Withdraw Almost $1 Billion in 🥇 Bitcoin From 🔵 Coinbase
“This substantial withdrawal of Bitcoin from Coinbase resulted in the funds being distributed across several new wallets, with values ranging between $45 million and $171 million.” – Link
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“This substantial withdrawal of Bitcoin from Coinbase resulted in the funds being distributed across several new wallets, with values ranging between $45 million and $171 million.” – Link
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Circle announced that it will stop supporting USDC on the Tron network, and no new USDC tokens will be issued on the Tron network starting today.
USDC holders can move their funds on Tron TRC-20 wallets to exchanges, or to other networks that support USDC.
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USDC holders can move their funds on Tron TRC-20 wallets to exchanges, or to other networks that support USDC.
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BREAKING: Total Spot Bitcoin ETF trading volume surpasses $7.5 billion today, more than doubling its previous record:
• BlackRock: $3,291,107,443
• Grayscale: $1,836,035,297
• Fidelity: $1,422,191,705
• ARK Invest: $425,812,381
• Bitwise: $252,060,298
• Invesco: $162,039,559
• WisdomTree: $59,402,811
• VanEck: $52,142,656
• Franklin: $31,848,031
• Valkyrie: $14,560,139
• Hashdex: $1,005,824
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• BlackRock: $3,291,107,443
• Grayscale: $1,836,035,297
• Fidelity: $1,422,191,705
• ARK Invest: $425,812,381
• Bitwise: $252,060,298
• Invesco: $162,039,559
• WisdomTree: $59,402,811
• VanEck: $52,142,656
• Franklin: $31,848,031
• Valkyrie: $14,560,139
• Hashdex: $1,005,824
🪢Crypto_Insights
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Altcoin capitalization is above $1 trillion again 💪
Of this amount, $34.4 billion is accounted for by meme tokens, with DOGE, SHIB, PEPE and 3 other dogenes in the top 6 🐶
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Of this amount, $34.4 billion is accounted for by meme tokens, with DOGE, SHIB, PEPE and 3 other dogenes in the top 6 🐶
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2010-11: -51.28% | -18.41%
2012-14: -70.28% | -21.71%
2015-18: -32.93% | -10.93%
2018-21: -60.24% | -19.39%
2023: -19.11% | -5.47%.
In the current Bitcoin bull cycle, the market has witnessed relatively minor corrections, attributing to ETF buying pressure and hype so far.
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📊 More than $1.2 billion has been liquidated in the last two days.
Longs: $890,38M
Shorts: $312,99M
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Longs: $890,38M
Shorts: $312,99M
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BlackRock is buying about 4,120 BTC on a daily basis. If the pace continues, the company will outperform the Grayscale ETF over the next three weeks, which records average outflows at about the same level.
Grayscale has about $350k BTC on its balance sheet today, but the company was previously one of the largest holders of BTC, with 630k BTC on its balance sheet at its peak.
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Crypto speak: NFA
“NFA” is an abbreviation for “nonfinancial advice,” a disclaimer that this person is unqualified to provide financial advice and that their opinion should not be considered as such.
Most crypto resources use this expression to comply with legal requirements, but this word is often used in an ironic sense, just to recommend some coin.
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“NFA” is an abbreviation for “nonfinancial advice,” a disclaimer that this person is unqualified to provide financial advice and that their opinion should not be considered as such.
Most crypto resources use this expression to comply with legal requirements, but this word is often used in an ironic sense, just to recommend some coin.
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