According to the latest report by BitMEX Research, U.S. spot Bitcoin exchange-traded funds (ETFs) recorded a cumulative negative net flow of about $262 million for the trading day ending March 20, 2024. This marks the third consecutive day of significant outflows for the funds, which has so far resulted in ...
Before the introduction of the Ordinals protocol, Bitcoin was largely regarded as a ‘boring’ blockchain. Since its inception in 2009, the pioneer blockchain has focused on serving as a peer-to-peer system for value exchange, aligning with the original vision of its creator, Satoshi Nakatomo. Innovations on the network were largely ...
U.S. Bitcoin spot ETFs reached another significant milestone since their introduction in January 2024. According to data from BitMEX Research, the ten funds available on the market recorded a net inflow that exceeded $1 billion on March 12, 2024. BlackRock's $iBIT led the pack with an impressive net inflow of ...
The US Securities and Exchange Commission (SEC) issued a notice on Wednesday, March 13, instructing First Trust-SkyBridge to publicly announce its Bitcoin ETF application has been "abandoned". This move follows the SEC's rejection of their initial application in January 2022. Since then, neither party has taken any meaningful steps to ...
The cryptoverse has taken a trip down memory lane, with the classic Nintendo 64 console now being emulated on Bitcoin's Ordinals protocol. The retro gaming system, which was a hit in the 90s, is now being brought back to life on the blockchain. Nintendo 64 Console on Amazon In a ...
2023 saw many governments recognize crypto ‘publicly’ as a legitimate financial asset and implemented regulations to help citizens benefit from its advantages and protect them from the potential risks of using it as an investment vehicle This process wasn't smooth for every country, notably the United States. Virtually all its ...
Joe Burnett, a crypto analyst and senior product market manager at Bitcoin financial platform Unchained, has predicted that including MicroStrategy's stock in the S&P 500 index can result in widespread adoption of Bitcoin by both retail and institutional investors. In a video shared on his X handle, Burnett explained that ...
An Australian police officer has been indicted and is currently undergoing court proceedings for stealing cryptocurrencies linked to a drug trafficking investigation, per local media reports. The accused cop, William Wheatley, allegedly stole 81.616 BTC from a crypto wallet identified during a joint investigation by the Australian law enforcement authorities ...
Australian computer scientist Craig Wright is in a legal battle in the United Kingdom over charges brought by some cryptocurrency exchanges and developers for claiming to be Nakamoto Satoshi, the developer of Bitcoin. The trial hearing, which began on February 5, was marked by heated disagreements and serious allegations regarding ...
In January 2024, Bitcoin's on-chain volume reached a six-month high, according to data from The Block. The reported number of transactions on the blockchain tripled compared to September 2023, totalling a record $1.21 trillion worth of Bitcoin moved on-chain. This spike follows the comparatively lower volume of $550 billion in ...
