Arbitrage trading of the spot BTC ETFs and a drop in demand for inflation hedges could be limiting Bitcoin’s price upside.
Maand: juli 2024
Bitcoin’s next leg could hit $110K, despite ‘lower highs and lower lows’ Cointelegraph by Ciaran Lyons Cointelegraph.com News
The “next leg” could push Bitcoin’s price as high as $110,000 as the cycle low has kicked in, according to several crypto traders. The “next leg” could push Bitcoin’s price as high…
Bitcoin holders falling by 670K is a good sign for rebound: Santiment Cointelegraph by Martin Young Cointelegraph.com News
The trend could suggest investors aren’t confident enough to come back into the market yet, which only increases the chances for a rebound, says the analytics firm. The trend could suggest investors…
LMBO and REKT: Direxion debuts leveraged ETFs tracking crypto equities Cointelegraph by Brayden Lindrea Cointelegraph.com News
Despite the fun-sounding tickers, the two newly launched Direxion funds saw less than $50,000 in combined trading volume on their first trading day. Despite the fun-sounding tickers, the two newly launched Direxion…
Anthropic partners with Menlo for $100M fund investing in AI startups Cointelegraph by Tom Mitchelhill Cointelegraph.com News
Anthropic and Menlo Ventures have launched the “Anthology Fund” to back innovative early-stage AI companies. Anthropic and Menlo Ventures have launched the “Anthology Fund” to back innovative early-stage AI companies. Read MoreCointelegraph.com News
Ethereum ETFs will have a bigger impact on ETH price: Bitwise Cointelegraph by Ciaran Lyons Cointelegraph.com News
Bitwise Chief Investment Officer Matt Hougan says there are three reasons why Ether ETFs could drive the price of the asset, more than Bitcoin ETFs did for BTC. Bitwise Chief Investment Officer…
Mt. Gox creditors report multiple ‘brute-force’ attempts on their accounts Cointelegraph by Brayden Lindrea Cointelegraph.com News
Mt. Gox’s claims website is currently down for maintenance, while Mt. Gox creditors are still looking for an explanation behind the recent flood of login attempts. Mt. Gox’s claims website is currently…
Judge nods Robinhood’s $9M ‘refer-a-friend’ lawsuit settlement Cointelegraph by Martin Young Cointelegraph.com News
Robinhood has settled a long-running class-action lawsuit in Washington that involved unsolicited text spamming via its ‘refer-a-friend’ program. Robinhood has settled a long-running class-action lawsuit in Washington that involved unsolicited text spamming…
Trading on crypto exchanges fell for 3rd month straight in June: CCData Cointelegraph by Tom Mitchelhill Cointelegraph.com News
Combined spot and derivatives volumes on centralized crypto exchanges fell 21.8% in June as crypto exchanges continued to tussle for market share. Combined spot and derivatives volumes on centralized crypto exchanges fell…
BlackRock sets spot Ether ETF fee at 0.25% amid rush of S-1 filings Cointelegraph by Brayden Lindrea Cointelegraph.com News
BlackRock’s iShares Ethereum Trust will start at a 0.12% fee until 12 months passes or after it amasses $2.5 billion in net assets, whichever comes first. BlackRock’s iShares Ethereum Trust will start…