U.S. spot bitcoin exchange-traded funds (ETFs) saw the largest net inflow since June 7, 2024, accumulating $129.45 million. Fidelity’s FBTC led the inflow on Monday with $65.03 million. Fifth Consecutive Day of Inflows for U.S. Bitcoin ETFs On Monday, U.S. spot bitcoin ETFs recorded $1.36 billion in trading volume and attracted $129.45 million in inflows. […] Source: https://news.bitcoin.com/us-spot-bitcoin-etfs-record-129-million-inflow-fidelity-leads/
Month: July 2024
German gov’t transfers another $52M Bitcoin, threatening more BTC selling pressure
The repeated Bitcoin transfers to centralized exchanges suggest that the government is planning to sell its $2.75 billion worth of BTC holdings. Source: https://cointelegraph.com/news/german-government-bitcoin-transfer-market-impact
No, Denmark did not propose to ban self-custody wallets
The Danish Financial Supervisory Authority said the exemption of self-custodial wallets from MiCA doesn’t mean such wallets should be banned. Source: https://cointelegraph.com/news/denmark-no-ban-self-custody-wallets
Robinhood Is Now Available in All US States, Including Puerto Rico and Virgin Islands
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 Robinhood Crypto is now available in all 50 states as well as the U.S. Virgin Islands and Puerto Rico. That means starting today, users in all…
Singapore ups crypto exchanges risk factor under new law update
The update aims to prevent Terrorist groups and organizations from exploiting Singapore’s economic openness as an international financial, business, and transport hub. Source: https://cointelegraph.com/news/singapore-raises-crypto-exchange-risk
Russia’s Cryptocurrency Mining Bill Faces Delays
The Russian State Duma is considering a bill related to cryptocurrency mining and sales, but the legislation is not expected to be approved by fall. The bill aims to legalize crypto mining and allow the sale of mined digital currency. Currently, cryptocurrency cannot be used for settlements in Russia. The proposed law specifies that digital […] Source: https://news.bitcoin.com/russias-cryptocurrency-mining-bill-faces-delays/
German Government Moves Another $17 Million Worth of Bitcoin to Exchanges
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 The German government intensified the sell-off of its Bitcoin holdings Tuesday and transferred a total of 282.74 BTC, valued at approximately $17.64 million, to major cryptocurrency…
Cryptos, secondary BNB sales not securities: Federal court rules in Binance vs SEC case
In a major win for the crypto industry, a federal court ruled that crypto tokens are not securities. Source: https://cointelegraph.com/news/crypto-court-ruling-bnb-binance-not-securities
Bitcoin Is a Superior Safe-Haven in Current ‘Inflationary Era’, Says Arthur Hayes
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 Bitcoin billionaire and BitMEX co-founder Arthur Hayes explained the historical economic cycles and their implications for the current market environment in his latest blog post, arguing…
ASI token merger phase 1 results in delisting of AGIX, OCEAN
The initial phase of the ASI token merger sees AGIX and OCEAN tokens integrate into Fetch.ai’s FET, with limited exchange support. Source: https://cointelegraph.com/news/asi-token-merger-phase-one