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US Spot Bitcoin ETFs Draw $11.8M Thursday, Bitwise’s BITB Led the Pack With $8M

U.S. spot bitcoin exchange-traded funds (ETFs) attracted $11.8 million on Thursday, marking the third consecutive day of inflows. Bitwise’s BITB fund topped the list, bringing in $8 million during the…

Continue ReadingUS Spot Bitcoin ETFs Draw $11.8M Thursday, Bitwise’s BITB Led the Pack With $8M

T-Rex Group Files for Leveraged ETFs Targeting Microstrategy’s Bitcoin-Heavy Portfolio

T-Rex Group has filed for exchange-traded funds (ETFs) that aim to leverage the daily performance of Microstrategy Incorporated (MSTR). The proposed ETFs will take 2x long and 2x inverse positions…

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Robert Kiyosaki Bought 60 Bitcoins at $6K — Now Buys BTC Every Month

Rich Dad Poor Dad author Robert Kiyosaki has revealed that he purchased 60 bitcoins at $6,000 each and continues to buy more bitcoin every month. He explained that the crypto…

Continue ReadingRobert Kiyosaki Bought 60 Bitcoins at $6K — Now Buys BTC Every Month

Bitwise CIO Estimates Spot Ether ETPs Will Attract Billions: ‘Not a Casual Guess’

Bitwise CIO Matt Hougan has predicted that spot ether-based exchange-traded products (ETPs) will have a favorable performance in financial markets when finally trading. Hougan estimates that these products will have…

Continue ReadingBitwise CIO Estimates Spot Ether ETPs Will Attract Billions: ‘Not a Casual Guess’

Dormant Bitcoin Miner Wallet Resurfaces After 14 Years, Transfers 50 BTC to Binance

According to blockchain analytics platform Lookonchain, a Bitcoin wallet that had been inactive for 14 years has reemerged. The entity deposited 50 BTC worth around $3.05M to Binance. Early Bitcoin…

Continue ReadingDormant Bitcoin Miner Wallet Resurfaces After 14 Years, Transfers 50 BTC to Binance

Cleanspark Acquires Griid in $155 Million All-Stock Deal to Boost BTC Mining Operations

In a significant expansion move, Cleanspark, a leading U.S. bitcoin mining company, has announced the acquisition of its rival firm Griid for $155 million. This strategic all-stock transaction aims to…

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Steady Above $60K: Bitcoin Weathers Government Sell-Offs, Says QCP Capital

Despite a brief dip below $60,000 on June 23, bitcoin has demonstrated formidable resilience by closing above this pivotal level for 118 days in 2024. According to QCP Capital, the…

Continue ReadingSteady Above $60K: Bitcoin Weathers Government Sell-Offs, Says QCP Capital

US Bitcoin ETF Inflows Reach $21.52M as FBTC and GBTC Lead Gains

U.S. spot bitcoin exchange-traded funds witnessed a second day of inflows as they captured $21.52 million on Thursday. The leader in terms of gains was Fidelity’s FBTC led the pack…

Continue ReadingUS Bitcoin ETF Inflows Reach $21.52M as FBTC and GBTC Lead Gains