X launches dedicated Payments account, crypto community speculates – Cointelegraph
Elon Musk's “everything app” There is. X App is expected to introduce in-app payment services by mid-2024. However, it has not been confirmed whether this feature will support payments beyond traditional fiat currencies. X, @XPayments account on January 21st. Source: X This account has no posts yet, but it has a gold badge to indicate […]
Spot Bitcoin ETFs scoop up another 10,600 BTC on day 5 – Cointelegraph
The Spot Bitcoin exchange-traded fund (ETF) issuer added an additional net 10,667 Bitcoin (BTC) to its crypto stack on the fifth business day amid rising trading volumes. Data compiled by X (formerly Twitter) account CC15Capital on January 17 shows that by the end of the day, a net amount of $440 million in Bitcoin had […]
Here's why Bitcoin bulls are failing to shift the $42K BTC price range – Cointelegraph
Bitcoin (BTC) remains below $43,000 this week, with even institutional purchases having little impact on the market. BTC/USD 4-hour chart. Source: TradingView Liquidity constrains Bitcoin bulls Cointelegraph Markets Pro and TradingView It has been confirmed that the price trend of BTC has been concentrated in a narrow range for 7 consecutive days. Bitcoin has been […]
Bitcoin and ETF traders are overstating the impact of GBTC selling – Cointelegraph
The Spot Bitcoin (BTC) exchange-traded fund (ETF) product debuted on January 12th. The first trading session was somewhat confusing as investors had no idea what the actual inflow amounts were and market makers themselves faced various problems with the liquidation schedule for each financial instrument. Still, the Bitcoin spot-based ETF's $4.66 billion in volume was […]
ProShares files for 5 Bitcoin ETFs with indirect exposure – Cointelegraph
ProShares, a leading issuer of exchange-traded funds (ETFs) in the United States, announced the launch of multiple Bitcoin (BTC) ETFs with indirect BTC exposure, as spot trading of Bitcoin ETFs begins on local stock exchanges. I'm working on raising it. According to a Jan. 16 filing with the U.S. Securities and Exchange Commission (SEC), ProShares […]
Ripple CEO expects more crypto ETF approvals: Davos 2024 – Cointelegraph
Ripple CEO Brad Garlinghouse believes the approval of multiple Bitcoin exchange-traded funds (ETFs) in the US could pave the way for similar crypto investment products to be launched in 2024. There is. busy Speaking to CNBC correspondent Arjun Karpal in Davos on January 16, Garlinghouse stopped short of definitively predicting that the XRP ETF would […]
Estimated $1.1B flees GBTC in 3 days as ARK begins buying own Bitcoin ETF – Cointelegraph
Grayscale's Spot Bitcoin (BTC) Exchange Traded Fund (ETF)'s discount rate narrowed to its lowest level in nearly three years, causing investors to rush out of the fund over the past three days. The transaction took an estimated $1.1 billion out of the fund. There was an estimated outflow of $594 million on the third day […]