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Australian Asset Manager Monochrome Requests a Spot Bitcoin ETF From Cboe Australia, With a Mid-Year Decision in Mind

Australian Asset Manager Monochrome Requests a Spot Bitcoin ETF From Cboe Australia, With a Mid-Year Decision in Mind

The global listing exchange, Cboe Australia, has received an application for a spot bitcoin (BTC) exchange traded fund (ETF) from Australia-based Monochrome Asset Management, the company reported on Friday. The Monochrome Bitcoin ETF, if approved, may be Australia’s first spot bitcoin ETF that permits direct bitcoin holding. Although they do not directly hold bitcoin, Australia already … Read more

Dogecoin Price Forecast: Is the Sell Off Complete as DOGE Tumbles and Bounces Back?

Dogecoin Price Forecast: Is the Sell Off Complete as DOGE Tumbles and Bounces Back?

Dogecoin is now selling at $0.173, down almost 4% in the last day. With $2 billion in trading volume, it is firmly ranked eighth on CoinMarketCap. With 144 billion DOGE coins in circulation, Dogecoin’s market capitalization is $25 billion. Dogecoin Estimate Prices Dogecoin’s present technical picture shows important price levels, with $0.1884 serving as the … Read more

Charles Hoskinson calls a poll “engineered” and asserts that Cardano (ADA) consistently wins fair votes

Charles Hoskinson calls a poll "engineered" and asserts that Cardano (ADA) consistently wins fair votes

The Cardano community has responded to the recent poll results for the “Blockchain Life Awards 2024” in a variety of ways, with Charles Hoskinson, the company’s founder, offering a harsh assessment (ADA). The survey, which put Cardano up against other well-known cryptocurrency projects like Ethereum, Solana, and BNB Smart Chain, attracted a lot of interest. … Read more

Bitcoin Rises for the Third Straight Day While Grayscale Records Less Than $100M in Outflows

Bitcoin Rises for the Third Straight Day While Grayscale Records Less Than $100M in Outflows

As withdrawals from Grayscale’s Bitcoin ETF (GBTC) have decreased, the price of Bitcoin (BTC) has risen above $67,000. For the third day in a row, less than $100 million was taken out of GBTC on Thursday, with withdrawals totaling $79.3 million. Grayscale had withdrawals on Tuesday and Wednesday of $81.9 million and $75.1 million, respectively. This … Read more

After the USBTC merger, Bitcoin Miner Hut 8 Has a Larger More Diversified Business Model: Canaccord

After the USBTC merger, Bitcoin Miner Hut 8 Has a Larger More Diversified Business Model: Canaccord

Following the completion of its merger with US Bitcoin Corp. (USBTC) at the end of last year, Bitcoin (BTC) miner Hut 8 (HUT) is a considerably more diversified company with different revenue sources, broker Canaccord Genuity said in a research report on Thursday. According to analysts lead by Joseph Vafi, “New Hut 8 has ~7 … Read more

Does Solana Blockchain Experience Damage from the Meme Coin Season?

Does Solana Blockchain Experience Damage from the Meme Coin Season?

Due to the recent meme currency frenzy, the Solana network is currently experiencing stress as it struggles to handle the volume of transactions. As a result, questions have been raised concerning the network’s capacity to withstand such high levels of activity. The blockchain’s performance is tested in the midst of this spike. Do Solana’s 77% … Read more

In Germany, DWS Group introduces Ethereum and Bitcoin ETCs

In Germany, DWS Group introduces Ethereum and Bitcoin ETCs

Two new Xtrackers ETCs have been introduced by DWS Group (DWS), a massive asset management company that oversees assets worth almost €900 billion. These are the Xtrackers Galaxy Physical Ethereum ETC securities and the Xtrackers Galaxy Physical Bitcoin ETC securities. As stated in a recent news release by DWS, these new ETCs were listed on … Read more

Cathie Wood’s Ark Invest Sheds $6.4M In Coinbase Shares Despite Upbeat Market Trends and Analyst Upgrade

Cathie Wood's Ark Invest Sheds $6.4M In Coinbase Shares Despite Upbeat Market Trends and Analyst Upgrade

Despite the favorable market performance of Coinbase Global Inc. stock on Thursday, Cathie Wood-led Ark Invest took a noteworthy move by selling shares of the company. The COIN Exchange Many were taken aback by Ark Invest’s decision to sell Coinbase shares, considering the stock’s positive movement on the day of the transaction. Notably, at the … Read more

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