Hong Kong, a city known for its bustling finance scene, recently set the stage for a groundbreaking event: Ordinals Asia 2024. Held on May 10th and 11th, this conference served as a pivotal platform for exploring the burgeoning world of Ordinals – a revolutionary technology that allows users to permanently inscribe data directly onto individual … Read more
Bitcoin (BTC) has witnessed a notable surge in trading volumes, particularly in its new institutional investment products. Approximately 1,000 companies in the United States have reportedly purchased Bitcoin exchange-traded funds (ETFs). According to data from research firm Santiment shared on X (formerly Twitter) on May 16, daily spot Bitcoin volumes have exceeded $5 billion. Bitcoin … Read more
On May 16, there was a notable increase in inflows for the US spot Bitcoin ETF, reaching $257 million. This surge can be attributed to the rising optimism and enthusiasm surrounding Bitcoin ETFs. Inflow Into Spot Bitcoin ETF Hits $257 Million in the US HODL15Capital data shows that Bitwise experienced a sizable net influx of … Read more
Bitcoin prices entered a bullish phase following a surge in inflows into spot Bitcoin ETFs and a 7% uptick in price over the last 24 hours. This upward momentum follows the release of key US inflation data, which met market expectations and alleviated investor worries. Spot Bitcoin ETF inflows in the US surged to a … Read more
In the recent 13F filings with the United States Securities and Exchange Commission (SEC), over 600 firms have disclosed substantial investments in the spot Bitcoin ETF. The chief investment officer of cryptocurrency asset management firm Bitwise predicts that by the May 15 deadline, close to 700 professional companies will have collectively invested $5 billion in … Read more
Inflows into spot Bitcoin exchange-traded funds (ETFs) surged to a two-week peak as the cryptocurrency experienced a 7% surge following the release of significant US inflation data. On May 15, inflows for spot Bitcoin ETFs in the United States reached $303 million amid a notable increase in BTC prices. This marked the highest level of … Read more
In a recent submission to the Securities and Exchange Commission (SEC), the State of Wisconsin Investment Board (SWIB) disclosed its investments in spot Bitcoin ETFs managed by BlackRock and Grayscale. As per SWIB’s Form 13F for Q1 2024, the pension fund, valued at $156 billion, acquired approximately $64 million worth of Grayscale’s GBTC and $99.2 … Read more
Shortly after expressing his strong endorsement of Bitcoin (BTC) as the sole viable monetary and investment option, Andrew Tate, a well-known social media figure and former professional kickboxer, declared his decision to fully abandon traditional fiat currency. Tate announced his intention to invest over $100 million into Bitcoin, emphasizing his dissatisfaction with conventional banking systems, … Read more
According to reports from the Financial Times, the Chicago Mercantile Exchange (CME) is considering launching Bitcoin trading services to tap into the growing demand for Bitcoin among Wall Street fund managers. The CME has reportedly engaged in discussions with cryptocurrency traders regarding the establishment of a regulated marketplace for Bitcoin transactions. While the plans are … Read more
Toncoin (TON) has emerged as the sole Layer 1 Network that can effectively rival Bitcoin (BTC) since the start of the year.TON has surpassed BTC by over 160% and boasts a higher count of active addresses. However, despite these accomplishments, there’s a lack of trader confidence in TON, evident from the negative sentiment surrounding the … Read more