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What technical analysis says on where bitcoin goes from here
What technical analysis says on where bitcoin goes from here

John Glover, chief investment officer of Ledn, gave some key levels to watch for bitcoin’s price action

Blockworks·2024/06/26 22:07
Bullish? USDC Stablecoin Hits One-Year High in Net Inflows on Crypto Exchanges
Bullish? USDC Stablecoin Hits One-Year High in Net Inflows on Crypto Exchanges

USDC’s net inflow to centralized exchanges could indicate strategic buying by crypto investors.

Cryptopotato·2024/06/26 21:55
Crypto firm Abra settles with state regulators over not licensing its mobile app
Crypto firm Abra settles with state regulators over not licensing its mobile app

Quick Take The settlement, which also names its CEO, William Barhydt, requires Abra to stop making, buying, selling, or trading crypto to U.S. Abra Trade customers and requires the firm to return $82 million in virtual assets to customers. A group of state regulators investigated Abra and found that the firm operated a mobile application for buying, selling, trading, and investing in crypto and didn’t get the required licenses.

The Block·2024/06/26 21:31
Bitcoin Virtual Machine team rolls out ZK rollups service to scale Bitcoin
Bitcoin Virtual Machine team rolls out ZK rollups service to scale Bitcoin

Quick Take The team behind the Bitcoin Virtual Machine launched ZK-proof service BitZK last week. Zero-knowledge proofs are used in blockchain circles to compress data and have become the basis for many of the most popular rollups on Ethereum. BVM is a general-purpose state machine similar to Ethereum, which uses Bitcoin’s security.

The Block·2024/06/26 21:16
U.S. spot Bitcoin ETFs rebound with $14.4 million inflows; Fidelity’s FBTC leads surge
U.S. spot Bitcoin ETFs rebound with $14.4 million inflows; Fidelity’s FBTC leads surge

Share link:In this post: U.S. spot bitcoin ETFs experienced a reversal in outflows on June 25 The 11 ETFs collectively hold nearly $52 billion in BTC reserves VanEck files a Form 8-A with the SEC for its spot Ethereum ETFDisclaimer. 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 investmen

Cryptopolitan·2024/06/26 21:04
SEC could approve spot Ethereum ETFs by July 4: report
SEC could approve spot Ethereum ETFs by July 4: report

SEC may approve spot Ethereum ETFs by July 4, according to Reuters, which cited anonymous sources.BlackRock, Fidelity and Franklin Templeton among the asset managers who both launched a spot bitcoin ETF earlier this year and have also applied to issue a spot ether ETF.

The Block·2024/06/26 20:49
Flash
  • 16:29
    Opinion: Bitcoin Is Now More Than Just ‘Digital Gold’, It's Part of the Global Financial Infrastructure
    As Bitcoin turns 16 years old with the release 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 marks a key inflection point for the Bitcoin ecosystem, including the expansion of Layer 2, the proliferation of Ordinals, and the accelerated entry of institutions, 2024 marks a key inflection point in the Bitcoin ecosystem, including the expansion of Layer 2, the proliferation of Ordinals, and the accelerated entry of institutions. Bitcoin ETFs driven by financial giants such as BlackRock have attracted more than $1.5bn in inflows, signalling Bitcoin's widespread acceptance by the traditional financial system.
  • 16:26
    ETH falls below $2,500, down 2.70% on the day
    The market shows that ETH has just fallen below $2,500 and is now at $2,493.32 per coin, down 2.70% intraday.
  • 16:26
    The past 24 hours across the network contract burst $ 271 million, the main explosion of long orders
    November 1, data show that the past 24 hours cryptocurrency market network contract burst 271 million U.S. dollars, of which the long single explosion of 198 million U.S. dollars, the short single explosion of 73,334,600 U.S. dollars. BTC burst a total of 91,451,100 U.S. dollars, ETH burst a total of $ 38,321,800 U.S. dollars.
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