Cryptobriefing reports that cryptocurrency trading volume will reach $36.6 trillion in 2023, citing CoinGecko's "2023 Annual Cryptocurrency Industry Report". In the fourth quarter of last year, cryptocurrency trading volume reached $10.3 trillion, the highest volume of any quarter. "The crypto...
JPMorgan CEO Jamie Dimon pointed out in a CNBC interview on Sunday (local time) that "there is no guarantee that bitcoin will stop issuing once it reaches its maximum supply of 21 million". "Personally, I think there's a high probability that Satoshi Nakamoto, the creator of bitcoin, will come...
"Assuming the inflow and outflow data for bitcoin spot ETFs to date is accurate, it's likely that much of the capital outflow from Grayscale's bitcoin ETF, GBTC, was directed to competing ETFs," James Seyffart, a Bloomberg ETF analyst, told X. Earlier, after the first trading day of the spot...
Bitcoin ETFs are institutionally managed options for investors who want to profit from the price movements of Bitcoin without directly owning the digital asset. In this article, we'll explain what a bitcoin ETF is, how it differs from bitcoin, and how you can profit from it. First, let's define...
"ProShares has filed five BTC spot-based leveraged ETFs with the U.S. Securities and Exchange Commission (SEC)," Eric Balchunas, an analyst specializing in ETFs for Bloomberg, reports via X. The products are the ProShares UltraShort Bitcoin ETF (-2x), ProShares ShortPlus Bitcoin ETF (-1.5x),...
According to News1, the PPP's nomination committee has decided to verify the virtual asset (cryptocurrency) holdings of candidates for the April 10 general election, as well as their past holdings and transactions. "The purpose is to check the status of virtual asset holdings and transactions...
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Ethereum network transaction volume is at its highest level in recent years, according to data from The Block. According to the data dashboard, the seven-day moving average of Ethereum's daily transaction volume rose to 1.3 million from 1.1 million last week. This is the largest since November...
Bloomberg ETF analyst Eric Balchunas commented on bitcoin spot ETF volume hitting $10 billion in three days: "Let me explain how crazy it is to see this kind of volume in the first three trading days of a listing. There were 500 ETFs launched in 2023, and today they had a total volume of $450...
According to DigitalToday, the Klaytn Foundation, which manages the ecosystem of the layer 1 blockchain platform Klaytn, and the Finschia Foundation, a blockchain and web 3.0 business operator developed by LINE Tech Plus, are promoting a project to launch a new mainnet through the integration of...
Solana Mobile, part of Solana (SOL) Labs, is planning to launch a second smartphone after its first web3 smartphone, the Saga, reports CoinDesk. The second smartphone will support the same basic features as the Saga, such as a cryptocurrency wallet and cryptocurrency dApps, and is expected to be...
Terraform Labs (TFL) founder Do-Hyung Kwon has appealed a Montenegrin court's decision to extradite him. Kwon's lawyer told CoinDesk: "The Montenegrin court approved the extradition of Kwon Do-hyung on March 29 (local time), but we have appealed the decision again and are waiting for a new...