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John Glover, chief investment officer of Ledn, gave some key levels to watch for bitcoin’s price action
USDC’s net inflow to centralized exchanges could indicate strategic buying by crypto investors.
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.
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.
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
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.
- 16:29Opinion: Bitcoin Is Now More Than Just ‘Digital Gold’, It's Part of the Global Financial InfrastructureAs 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.
- 16:26ETH falls below $2,500, down 2.70% on the dayThe market shows that ETH has just fallen below $2,500 and is now at $2,493.32 per coin, down 2.70% intraday.
- 16:26The past 24 hours across the network contract burst $ 271 million, the main explosion of long ordersNovember 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.