VanEck admits ETF marketing violation, agrees to SEC fine – Cointelegraph
VanEck will pay a $1.75 million fine to resolve charges from the U.S. Securities and Exchange Commission (SEC) related to the 2021 launch of a social media-focused exchange-traded fund (ETF). The SEC imposed a civil penalty on the investment adviser. The SEC disclosed this in a document on February 16th. statement When launching the VanEck […]
Bitcoin ETFs posted $2.2B net inflows over the week – Cointelegraph
Bitcoin exchange-traded funds (ETFs) continued to perform well this week, with net inflows exceeding $2.2 billion from February 12th to February 16th. The total exceeded the inflows received by any other of the 3,400 ETFs, according to Bloomberg analyst Eric Balchunas. Available in the US. BlackRock’s fund IBIT received the bulk of the capital, accumulating […]
Bitcoin mining difficulty surpasses 80 trillion ahead of halving – Cointelegraph
Bitcoin’s mining difficulty, which measures how difficult it is to solve the complex cryptographic puzzles used in the mining process, surpassed 80 trillion on Friday, February 16th. The network’s hash rate, which measures the total computational power used by miners, reached 562.81 exahash per second (EH/s), and the mining difficulty reached a record of 81.73 […]
Big banks are nudging the SEC for a slice of sweet Bitcoin ETF action – Cointelegraph
Major US banks and financial institutions are asking the Securities and Exchange Commission to readjust the definition of crypto assets. This could allow it to play a larger role in the crypto space, such as acting as a custodian for Spot Bitcoin traded on recently approved exchanges. funds. On February 14, a coalition of industry […]
Bitcoin ETFs inflows snowball: Last 4 days bigger than first 4 weeks – Cointelegraph
The Spot Bitcoin Exchange Traded Fund (ETF) has attracted more net inflows over the past four days of trading than in the first four weeks of trading in its entirety. according to Ten Spot Bitcoin (BTC) ETFs have seen inflows of 43,300 Bitcoin (worth $2.3 billion at current prices) in the past four days alone, […]
Bitcoin bulls aim for $55K+ as short-term seller supply dwindles – Cointelegraph
Bitcoin (BTC) price has risen 21% in the past seven days, reaching $52,000 for the first time since December 2021. The main reason for the price spike was increased inflows into spot Bitcoin exchange-traded funds (ETFs), which reached an all-time high. Traders speculate that over-the-counter (OTC) desks are depleting the coin’s reserves and turning to […]
Bitcoin OG who called 2021 all-time high sees $600K BTC price by 2026 – Cointelegraph
Popular analysts predict that Bitcoin (BTC) will reach at least $200,000 in the next few years, and could even surpass $500,000. in him Latest updates Regarding long-term BTC price trends, advisor and early Bitcoin evangelist Tour Demeester expects BTC/USD to reach ~$600,000 by 2026. Demeester: Bitcoin will respond to a ‘trillion-dollar’ bailout Bitcoin hit $50,000 […]
Bitcoin ETFs are sucking up 10X more BTC than miners can produce – Cointelegraph
The Spot Bitcoin Exchange Traded Fund (ETF) picked up more than 10 times as much Bitcoin as miners were able to produce on Monday, February 12th. according to In preliminary figures, at least $493.4 million, or approximately 10,280 Bitcoin (BTC), had flowed into the Spot Bitcoin ETF as of February 12th. BlackRock’s iShares Bitcoin Trust […]
Bitcoin bulls chase after $50K, opening the door for IMX, KAS, TIA an STX to rally higher – Cointelegraph
Risk assets have been on an upward trend in recent days. The S&P 500 index soared Five Bitcoin (BTC) has also risen over 13% this week, indicating aggressive buying by bulls. As of February 9, nine Bitcoin exchange-traded funds (ETFs) had $2.7 billion in inflows, while outflows from the Grayscale Bitcoin Trust (GBTC) were $2.7 […]
6-figure BTC price in 2024? Bitcoin analyst says $55K now 'worst case' – Cointelegraph
Bitcoin (BTC) has set a new six-digit price target for 2024 as capital flows from institutional investors flood the market. in fresh analysis On February 11th, Ki Young Ju, CEO of analytics platform CryptoQuant, predicted on X (formerly Twitter) that the price per Bitcoin will reach $112,000 this year. Bitcoin ETF has the power to […]