Bitcoin has seen a notable slip below the $67,000 mark, a significant downturn that comes on the back of recent outflows from Bitcoin-related exchange-traded funds (ETFs). This decline in Bitcoin’s value arrives just ahead of an important Federal Reserve meeting and the release of new inflation data, which are anticipated to have substantial impacts on market sentiment and cryptocurrency valuations.…
BlackRock Inc. (NYSE:BLK) has made significant waves in the cryptocurrency market with its Bitcoin ETF, which has become the largest of its kind. This development has brought a new level of legitimacy and interest to the cryptocurrency space. The ETF’s success is attributed to a combination of institutional backing, favorable market conditions, and the growing mainstream acceptance of Bitcoin. The…
Bitcoin, the world’s largest cryptocurrency, recently surged past $63,000, marking a significant milestone in its volatile journey. This rally coincides with the Federal Reserve’s announcement of an interest rate cut, aimed at stimulating the economy during uncertain times. The cryptocurrency market has been highly reactive to macroeconomic policies, and this latest move by the Fed has further fueled speculation and…
As the cryptocurrency market experiences notable fluctuations, Ether (ETH) has become a focal point of interest for investors. With rising liquidations, understanding key levels of this digital asset is crucial. Recent data points to significant liquidations in the Ether market, driven by heightened volatility. Such liquidations often lead to price corrections, making it essential for traders to identify and monitor…
BitSNARK enables private transactions and advanced DApps on the Bitcoin blockchain while keeping BTC’s core intact. Source: https://cointelegraph.com/news/bitcoinos-open-sources-bitsnark-enabling-zk-snarks-bitcoin?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
According to the latest numbers, U.S. spot bitcoin exchange-traded funds (ETFs) raked in $135.95 million in inflows on Tuesday. Meanwhile, spot ether ETFs were not left behind, attracting $62.51 million in new capital. U.S. Bitcoin ETFs Reap $135M Inflows, Ether Funds Close Behind with $62M It was a solid day for U.S. spot bitcoin and […] Source: https://news.bitcoin.com/blackrocks-bitcoin-and-ether-etfs-lead-inflows-amidst-strong-trading-day/
A decision on Ethereum ETF options has been pushed back to November, four days after Blackrocks’s IBIT options trading was approved. Source: https://cointelegraph.com/news/polymarket-betting-ethereum-wont-see-new-all-time-high?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
A more “sustained” run of spot Bitcoin ETF inflows may counteract the Bitcoin “spot market buying slowing,” says Bitfinex analysts. Source: https://cointelegraph.com/news/bitcoin-etf-inflows-buoy-price-slowing-spot-buying?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Oscar-winning filmmaker James Cameron made his name dramatizing the perils of superintelligent AI with “The Terminator”—and now he’s joining the board of artificial intelligence firm Stability AI. “I was at the forefront of CGI over three decades ago, and I’ve stayed on the cutting edge since,” Cameron said in a statement accompanying the news. “Now, the intersection of generative AI…
Ugandan fintech firm Agent Banking Company (ABC) receives undisclosed investment from Dutch impact investor Goodwell Investments. The funding, part of Goodwell’s $167M African startup fund, will expand ABC’s customer base, agent coverage, and services. CEO Richard Jabel says the investment will enhance financial inclusion and services accessibility via mobile phones, agents, and merchants. Affordable Financial […] Source: https://news.bitcoin.com/ugandan-fintech-firm-gets-funding-from-dutch-impact-investor/
