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Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.

Grayscale sheds 1539 BTC while 9 other ETFs collectively reduce 214 BTC
Grayscale sheds 1539 BTC while 9 other ETFs collectively reduce 214 BTC

Share link:In this post: 9 Bitcoin ETFs collectively decreased their holdings by 214 BTC. Grayscale reduced its net holdings by 1,539 BTC on June 26. Grayscale’s research indicates that AI has become a dominant theme over ETFs.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any inv

Cryptopolitan·2024/06/27 17:10
All major US banks deemed resilient against severe recession
All major US banks deemed resilient against severe recession

Share link:In this post: All 31 major US banks passed the Federal Reserve’s stress tests, showing they can handle a severe recession. Banks could lose nearly $685 billion but still meet regulatory standards. Stress tests measured the impact of a 40% drop in commercial real estate prices and a 36% fall in house prices.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend

Cryptopolitan·2024/06/27 17:10
Crypto pundits doubt Solana ETF will find approval any time soon — at least under this administration
Crypto pundits doubt Solana ETF will find approval any time soon — at least under this administration

Legal experts say VanEck’s Solana ETF filing will face many hurdles seen by previous attempts to list Bitcoin and Ethereum ETFs, including potential market surveillance and manipulation concerns.Many also say such funds are inevitable — though it may require a change of leadership at the SEC.A lack of a futures market for Solana and the SEC’s opinion that the asset is a security are also likely roadblocks.

The Block·2024/06/27 16:22
Flash
  • 19:36
    Opinion: Bitcoin Is Now More Than Just ‘Digital Gold’, It's Part of the Global Financial Infrastructure
    November 1 - November 1 - As Bitcoin reaches the 16th anniversary of its whitepaper, Trust Machines' Rena Shah points out that Bitcoin is now more than just “digital gold”, it is a core component of the global financial infrastructure. 2024 will mark a key inflection point for the Bitcoin ecosystem including the expansion of Layer 2, the proliferation of Ordinals, and the accelerated entry of institutions. Layer 2 expansion, the proliferation of Ordinals, and the accelerated entry of institutions. Bitcoin ETFs driven by financial giants such as BlackRock have attracted more than $1.5 billion in inflows, signalling widespread acceptance of Bitcoin in the traditional financial system. Meanwhile, Layer 2 networks such as Lightning and Stacks' sBTC protocol bring decentralised liquidity and greater scalability, further integrating Bitcoin into DeFi and traditional financial systems. Innovations such as BitVM and OP_Cat's programmable features are also increasing Bitcoin's application potential, expanding its use in smart contracts and digital identities.Shah believes that Bitcoin's future direction lies in its role as the core underlying structure of decentralised finance, and that Bitcoin's decentralised principles need to be adhered to in the face of the influx of institutional capital.
  • 19:32
    BTC falls below $69,000, down 0.63% on the day
    November 2, the market shows that BTC has just fallen below $69,000 and is now at $68,951.10 per coin, down 0.63% intraday.
  • 19:31
    ETH falls below $2,500
    The market shows that ETH fell below $2500, now at $2499.51, a 24-hour drop of 2.62%, the market fluctuates, please do a good job of risk control.
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