FOMO HOUR 161 - THE BIG WIF COMEBACK?
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FOMO HOUR 161 – THE BIG WIF COMEBACK?

FOMO HOUR 161 – THE BIG WIF COMEBACK? BTC ETF Inflows: +$53m. Crypto remains stable despite macro sell-off. ETH ETF providers undercut each other on fees. Grayscale keeps 2.5% high fee, launches mini-fund. Grayscale launches ‘Decentralised AI Fund’. Dimon may be ‘changing tune’ on Bitcoin. Many alts now bounced 50-90% from lows. Vote implies 55% of Mt. Gox depositors won’t…

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Coinbase
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BlockFi to Begin Crypto Distributions via Coinbase

Bankrupt crypto lender BlockFi is set to commence its first interim crypto distributions through Coinbase (NASDAQ:COIN) in July 2024. This move marks a significant step towards recovery for BlockFi and its customers following the fallout from the collapse of the FTX exchange. BlockFi’s Journey Through Bankruptcy BlockFi was one of the initial victims of the contagion triggered by the collapse…

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Block Stock Soars as Cash App’s Bitcoin Revenue Hits $2.42 Billion
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Jack Dorsey’s Block to Shutter Cash App in UK

We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports Jack Dorsey’s Bitcoin-focused fintech giant Block is closing down its Cash App platform for British customers. An announcement on the app’s website Thursday said that the…

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Research Shows Institutional Custodians and ETFs Drive Significant Bitcoin Market Movements
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Research Shows Institutional Custodians and ETFs Drive Significant Bitcoin Market Movements

The bitcoin market recently saw a significant sell-off, absorbing over 48,000 BTC from the German government. Amidst this and upcoming Mt Gox distributions, a report from Glassnode researchers explores how these sell-side forces and exchange-traded funds (ETFs) impact bitcoin’s price action. Glassnode Report Analyzes Sell-side Forces and ETF Impact on Bitcoin Centralized exchanges and ETF […] Source: https://news.bitcoin.com/research-shows-institutional-custodians-and-etfs-drive-significant-bitcoin-market-movements/

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Bitcoin analysts say 74K is the next stop for BTC price

Bitcoin could be gearing up for a rally to the $74,000 mark, but to confirm the move, it needs to reclaim the old all-time high of $69,000. Source: https://cointelegraph.com/news/bitcoin-analysts-74k-btc-price-next-stop?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Ripple
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How Ripple Is Simplifying Blockchain for Everyone

The financial world is undergoing a significant transformation as traditional finance converges with blockchain technology. Ripple, a leading company in the blockchain space, is at the forefront of this change. The company’s efforts in simplifying blockchain aim to make this innovative technology accessible and practical for everyone, regardless of their familiarity with digital assets. Bridging Traditional Finance and Blockchain In…

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