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Bitmain Launches Cheaper Mining Machines After Bitcoin Halving and Losing Market Share to MicroBT

Bitmain Launches Cheaper Mining Machines After Bitcoin Halving and Losing Market Share to MicroBT

Bitmain has launched a cheaper version of a Bitcoin mining machine, Antminer T19, compared to its more pricy predecessor Antminer S19. Bitmain has been losing its market share to its rival, MicroBT, which launched its M30S++ Bitcoin miner in April this year. The Antminer T19 has a hashrate/ mining power of 84 terahash per second (TH/s), and power efficiency of 37.5 joules per terahash (J/TH). The price of this new mining machine is around $1750, while the S19 costs around $1785.

MicroStrategy Plans to Increase BTC Holding by Selling Class A Shares Worth $500m

MicroStrategy Plans to Increase BTC Holding by Selling Class A Shares Worth $500m

MicroStrategy Inc is planning to increase its bitcoin holdings through the net proceeds of its sale of up to $500 million worth of its class A shares.

Digital ETP issuer 21Shares Cooperates with German Bank Comdirect to Provide Crypto ETPs to Savings Accounts

Digital ETP issuer 21Shares Cooperates with German Bank Comdirect to Provide Crypto ETPs to Savings Accounts

21Shares, a well-known cryptocurrency ETP issuer, announced a partnership with the German online financial services bank Comdirect to diversify more options by providing cryptocurrency ETPs to their customer savings accounts.

ProShares to Launch First Ether ETF and Blended Crypto Funds

ProShares to Launch First Ether ETF and Blended Crypto Funds

ProShares is set to launch the first-ever ETF focused on ether, along with two blended ETFs that offer exposure to both bitcoin and ether, on October 2, 2023. These new ETFs aim to provide a more accessible and regulated avenue for investors to gain exposure to cryptocurrencies, without the need for a separate crypto custodian or wallet.

Staking Rewards Raises $3.2M Equity from Crypto's Largest Funds Ecosystem

Staking Rewards Raises $3.2M Equity from Crypto's Largest Funds Ecosystem

Crypto data aggregation startup, Staking Rewards says it has raised $3.2 million from the biggest fund managers in the cryptocurrency ecosystem.

Hedge Funds Battle to Survive After FTX Exchange Collapse

Hedge Funds Battle to Survive After FTX Exchange Collapse

The hedge fund discontinued its CoinShares consumer platform because to high marketing costs.

Hut 8 Mining Corp. Responds to Short-Seller Accusations Amid Stock Tumble

Hut 8 Mining Corp. Responds to Short-Seller Accusations Amid Stock Tumble

Hut 8 Corp faces serious accusations from JCapital Research, claiming mismanagement and legal issues post-merger, leading to a significant stock price drop. The company is now working to address these allegations and reassure investors.

Bitfarms (BITF) Announces Results of Annual Shareholders' Meeting

Bitfarms (BITF) Announces Results of Annual Shareholders' Meeting

Bitfarms reveals the outcomes of its annual shareholders' meeting, including board elections and auditor reappointments.

Bitfarms Implements Shareholder Rights Plan Amid Riot Platforms' Hostile Takeover Attempt

Bitfarms Implements Shareholder Rights Plan Amid Riot Platforms' Hostile Takeover Attempt

Bitfarms adopts a shareholder rights plan to counter Riot Platforms' takeover attempt and ensure fair value for shareholders.

Bitfarms (BITF) Faces TSX Deferral on Shareholder Rights Plan Consideration

Bitfarms (BITF) Faces TSX Deferral on Shareholder Rights Plan Consideration

Bitfarms announced that the TSX has deferred its decision on the company's Shareholder Rights Plan.

Bitfarms (BITF) Faces Shareholder Meeting Requisition from Riot Platforms

Bitfarms (BITF) Faces Shareholder Meeting Requisition from Riot Platforms

Bitfarms receives a requisition from Riot Platforms for a shareholder meeting to gain control of its Board of Directors, according to GlobeNewswire.

Texas Bitcoin Mining Operations Undergo Intensive Due Diligence

Texas Bitcoin Mining Operations Undergo Intensive Due Diligence

CoinShares' research team evaluates major Bitcoin mining facilities in Texas, highlighting innovations and industry growth.

Bitfarms (BITF) Schedules Special Shareholder Meeting Amid Riot Platforms Dispute

Bitfarms (BITF) Schedules Special Shareholder Meeting Amid Riot Platforms Dispute

Bitfarms Ltd. has scheduled a special shareholder meeting for October 29, 2024, in response to a requisition by Riot Platforms. Shareholders of record as of September 26 are eligible to vote.

Wondershare Filmora Integrates NVIDIA RTX Video HDR and AI Features

Wondershare Filmora Integrates NVIDIA RTX Video HDR and AI Features

Wondershare Filmora now supports NVIDIA RTX Video HDR and AI features, enhancing video quality and streamlining workflows for content creators.

Injective (INJ) Unveils New Staking ETP in Collaboration with 21Shares

Injective (INJ) Unveils New Staking ETP in Collaboration with 21Shares

Injective (INJ)collaborates with 21Shares to launch AINJ, a new staking ETP offering INJ exposure and staking rewards via traditional finance venues.

Bitfarms Adopts New Shareholder Rights Plan Amid Tribunal Decision

Bitfarms Adopts New Shareholder Rights Plan Amid Tribunal Decision

Bitfarms Ltd. has adopted a new shareholder rights plan following a decision by the Ontario Securities Commission's Tribunal to cease trade the former plan.

Binance Leads But Faces Competition: 2024 Centralized Crypto Exchange Market Share Report

Binance Leads But Faces Competition: 2024 Centralized Crypto Exchange Market Share Report

Binance retains the top spot with 46.6% market share, while Bybit and Gate show significant growth. Upbit experiences the largest drop.

Sui Implements Shared Custody Model for Enhanced Decentralized Finance

Sui Implements Shared Custody Model for Enhanced Decentralized Finance

Sui introduces a shared custody model in its object-centric data framework, enhancing security and efficiency for DeFi applications.

Magic Eden Dominates NFT Marketplaces with 37% Share in August 2024

Magic Eden Dominates NFT Marketplaces with 37% Share in August 2024

Magic Eden continues to lead NFT marketplaces with a 37% market share in August 2024, maintaining its top position for six consecutive months.

Riot Platforms Urges Bitfarms Shareholders to Elect New Directors at Upcoming Meeting

Riot Platforms Urges Bitfarms Shareholders to Elect New Directors at Upcoming Meeting

Riot Platforms calls for Bitfarms shareholders to vote for new board members to improve governance ahead of a crucial special meeting.

Bitfarms (BITF) Reschedules Special Shareholders Meeting Amid Riot Engagement

Bitfarms (BITF) Reschedules Special Shareholders Meeting Amid Riot Engagement

Bitfarms reschedules its special shareholders meeting to November 6, 2024, to address Riot's amended requisition. The meeting will be held in-person.

SFC Achieves Landmark Settlement for Combest Holdings Shareholders

SFC Achieves Landmark Settlement for Combest Holdings Shareholders

The SFC has secured a groundbreaking settlement to compensate public shareholders of Combest Holdings Limited, marking a significant regulatory milestone.

Digital Asset Fund Flows Surge Amid FED Rate Cut

Digital Asset Fund Flows Surge Amid FED Rate Cut

Digital asset inflows hit $321 million following a 50bp rate cut by the Federal Reserve, according to CoinShares.

Canaan Inc. Secures $50 Million in Final Tranche of Preferred Shares Financing

Canaan Inc. Secures $50 Million in Final Tranche of Preferred Shares Financing

Canaan Inc. has completed its third and final tranche of preferred shares financing, raising $50 million to expand its North American self-mining operations.

CoinShares Reports Rising Bitcoin Mining Costs and Strategic Shifts

CoinShares Reports Rising Bitcoin Mining Costs and Strategic Shifts

CoinShares' Q3 report highlights increased Bitcoin mining costs, strategic shifts, and the impact of rising energy prices and market dynamics on the industry.

CoinShares to Acquire the ETF Index of Elwood Technologies, Owned by Ellen Howard for $17M

CoinShares to Acquire the ETF Index of Elwood Technologies, Owned by Ellen Howard for $17M

Elwood Technologies, a cryptocurrency company of hedge fund giant Allen Howard, sold its ETF index to CoinShares for $17 million.

CoinShares Launches Ripple ETP

CoinShares Launches Ripple ETP

CoinShares, Europe’s largest digital asset manager with over $5 billion in assets under management, has released a Ripple ETP.

Morgan Stanley Buys Up To $40 Million Worth of Grayscale Bitcoin Trust Shares

Morgan Stanley Buys Up To $40 Million Worth of Grayscale Bitcoin Trust Shares

Morgan Stanley recently bought more shares in Grayscale Bitcoin Trust to expand its allocation in Bitcoin investment. The move indicates a continued and ever-increasing position in crypto-related assets.

Envisioning the AI Ecosystem of Tomorrow: Perspectives and Principles

Envisioning the AI Ecosystem of Tomorrow: Perspectives and Principles

This article delves into the future of AI, exploring the concept of 'shared intelligence' in cyber-physical ecosystems. It highlights the shift from artificial narrow intelligence to more complex, interconnected systems, emphasizing the role of active inference, a physics-based approach, in AI's evolution. Ethical considerations in respecting individuality within these intelligent networks are also discussed, framing a future where AI is not just advanced but also ethically grounded.

Argo Blockchain IPO: Lawsuit Claims Miner Made Untrue Statements

Argo Blockchain IPO: Lawsuit Claims Miner Made Untrue Statements

Argo Blockchain's 2021 IPO investors launched a class-action lawsuit.

Why Cathie Wood’s ARK Investments Skipped Buying the First Bitcoin Futures ETF Shares?

Why Cathie Wood’s ARK Investments Skipped Buying the First Bitcoin Futures ETF Shares?

It was unusual that ARK Investments did not buy ProShares Bitcoin futures shares during the debut trading on the public markets. Wood Cathie, the CEO of the investment firm, has given out reasons behind such moves.

China Tightens Regulation on Tech Industry, Sinking Alibaba and Tencent Stocks on Single’s Day

China Tightens Regulation on Tech Industry, Sinking Alibaba and Tencent Stocks on Single’s Day

China's regulatory clampdown on the technology industry has resulted in Chinese tech shares' underperforming on the stock market.

Digital Asset Outflows Continue for the Fourth Week, but Selective Investments Show Optimism in the Market: According to CoinShares

Digital Asset Outflows Continue for the Fourth Week, but Selective Investments Show Optimism in the Market: According to CoinShares

According to CoinShares' Twitter, the leading alternative asset manager in Europe specializing in digital assets, digital asset investment products have seen a fourth consecutive week of outflows, totalling $54 million. This has brought the total outflow to $200 million.

ARK Invest and 21Shares Launch Innovative Digital Asset ETF Suite

ARK Invest and 21Shares Launch Innovative Digital Asset ETF Suite

ARK Invest and 21Shares have launched a suite of digital asset ETFs, combining crypto-specific insights with traditional investment indicators, focusing on Bitcoin and Ether futures.

Tesla Stock is Down 28% Since Buying Bitcoin

Tesla Stock is Down 28% Since Buying Bitcoin

Tesla's shares have been falling since the company purchase BTC. What could this mean for crypto?

Ark Invest's Cathie Wood Challenges Vanguard's Bitcoin ETF Exclusion Decision

Ark Invest's Cathie Wood Challenges Vanguard's Bitcoin ETF Exclusion Decision

Ark Invest CEO Cathie Wood criticizes Vanguard for excluding Bitcoin ETFs, marking a significant shift in investment preferences as customers move to crypto-friendly platforms. This controversy reflects the evolving dynamics of the financial sector.

Cathie Wood’s Ark Invest Purchases $79.4M of Robinhood Shares after Crypto Price Fall

Cathie Wood’s Ark Invest Purchases $79.4M of Robinhood Shares after Crypto Price Fall

Bitcoin and crypto believer Cathie Wood’s fund has bought approximately $79.4 million of Robinhood shares (approx. 2.29 million shares).

US SEC Rejects One River Spot Bitcoin ETF Application

US SEC Rejects One River Spot Bitcoin ETF Application

The United States Securities and Exchange Commission (SEC) has rejected the spot Bitcoin Exchange Traded Fund (ETF) Application filed by One River Asset Management

Bitcoin Rebounds, Despite Bearish Confidence among Institutional Investors

Bitcoin Rebounds, Despite Bearish Confidence among Institutional Investors

Bitcoin’s price rebounded slightly, which has increased by 24.15% over the past week. However, the institutional sentiment remains bearish.

Binance's Market Dominance Challenged as OKX and Upbit Gain Ground

Binance's Market Dominance Challenged as OKX and Upbit Gain Ground

The 2023 CEX Market Report shows Binance's dominance diminishing as OKX and Upbit gain market share. Factors like on-chain data, user growth, and social media presence contribute to the evolving CEX landscape.

ShareRing Rolls Out Skinny ID for Frictionless Blockchain-Based Digital Identity Solutions

ShareRing Rolls Out Skinny ID for Frictionless Blockchain-Based Digital Identity Solutions

ShareRing, a blockchain-based ecosystem providing digital identity solutions, has launched Skinny ID aimed at offering a seamless and frictionless onboarding process.

Dinari Secures $10M Seed Funding, Expands Crypto Asset Offerings

Dinari Secures $10M Seed Funding, Expands Crypto Asset Offerings

Dinari, a blockchain-based investment platform, secures $10M in seed funding, launches RWAs on Arbitrum, and expands dShare with crypto-themed assets, bridging TradFi and DeFi.

SEC Delays Decision on ARK 21Shares Bitcoin ETF, Opens Public Comment Period

SEC Delays Decision on ARK 21Shares Bitcoin ETF, Opens Public Comment Period

The SEC has delayed its decision on ARK 21Shares' Bitcoin ETF until Nov 11, 2023, opening a 21-day public comment period.

Ark Invest Refiles Application for Bitcoin Spot ETF Alongside 21 Shares

Ark Invest Refiles Application for Bitcoin Spot ETF Alongside 21 Shares

Ark Investment Management, the investment company tagged with Cathie Wood is taking another dig at a spot Bitcoin Exchange Traded Fund (ETF) product.

SEC Poised for Decision on Ark Invest and 21Shares Bitcoin ETF, Market Reacts

SEC Poised for Decision on Ark Invest and 21Shares Bitcoin ETF, Market Reacts

The SEC is nearing decisions on Bitcoin ETF applications, which could significantly impact the cryptocurrency landscape due to market anticipation and Bitcoin's price surge.

21Shares Launches Bitcoin ETP on Aquis Exchange

21Shares Launches Bitcoin ETP on Aquis Exchange

21Shares, a well-known cryptocurrency ETP issuer, announced today that it has cooperated with GHCO, an issuer-centric liquidity provider committed to building transparent and accessible financial markets to list Its Bitcoin ETP (ABTC) on the Aquis exchange.

The First Bitcoin Futures ETF Approved In U.S., Expecting to Start Trading This Week

The First Bitcoin Futures ETF Approved In U.S., Expecting to Start Trading This Week

The US SEC has finally approved the first Bitcoin futures ETF to operate in the country. ProShares’ Bitcoin futures ETF is scheduled to trade this week.

ARK Invest Intensifies Investment in Robinhood

ARK Invest Intensifies Investment in Robinhood

ARK Invest, led by Bitcoin enthusiast Cathie Wood, increased its stake in Robinhood, buying 1.1 million shares worth over $9.5 million in a single day. The investment was distributed across three ARK ETFs, with ARKK acquiring the majority.

Crypto Weekly Outflows Touches $17m, Ending Six Consecutive Weeks Inflow: CoinShares

Crypto Weekly Outflows Touches $17m, Ending Six Consecutive Weeks Inflow: CoinShares

Outflows from crypto investment products reached $17 million in the week as of Aug. 12, according to digital asset management firm Coinshares, ending a six-week run of inflows for the cryptocurrency industry.

Digital-Asset Investment Funds Enjoys Net Inflow of up to $63M since Five Weeks

Digital-Asset Investment Funds Enjoys Net Inflow of up to $63M since Five Weeks

Market analysis report shows that digital asset investment products enjoy a net flow of up to $63 million in five consecutive weeks, breaking a four week run of outflow.

SEC Could Approve All Ethereum ETFs Concurrently

SEC Could Approve All Ethereum ETFs Concurrently

SEC may greenlight multiple Ethereum ETFs at once, signaling a shift in U.S. crypto regulation. Key players like Volatility Shares & Valkyrie await decisions.

ShareRing Enhances Digital Identity Solutions by Merging ShareToken

ShareRing Enhances Digital Identity Solutions by Merging ShareToken

ShareRing, a blockchain-based ecosystem providing digital identity solutions, announced to merge ShareToken (SHR) into the Ethereum and Binance networks through a Multichain swap.

Core Scientific's Bankruptcy Exit: Financial Revival and Operational Expansion

Core Scientific's Bankruptcy Exit: Financial Revival and Operational Expansion

Core Scientific's court-approved bankruptcy plan sets the stage for its Nasdaq relisting, debt restructuring, and operational expansion, aiming to bolster revenue and shareholder value.

VanEck And ProShares Withdraw Plans to List Ethereum ETFs

VanEck And ProShares Withdraw Plans to List Ethereum ETFs

VanEck and ProShares have told the SEC that they would like to pull their plans to launch Ethereum ETFs.

Institutional investors pull back from crypto amid regulatory crackdown

Institutional investors pull back from crypto amid regulatory crackdown

Last week, institutional fund withdrawals reached $32 million, despite a 10% market increase.

Marathon Digital Admits to Mining an Invalid Bitcoin Block

Marathon Digital Admits to Mining an Invalid Bitcoin Block

Marathon Digital Holdings encountered a setback as it mined an invalid block on the Bitcoin network due to an internal bug amidst an operational optimization experiment. The company acknowledged the error and praised Bitcoin's self-corrective security measures.

Bitcoin Hit the Worst Quarter Return since Q1 2018

Bitcoin Hit the Worst Quarter Return since Q1 2018

Bitcoin is currently down nearly 46% this quarter. Bitcoin is about to meet its biggest decline since 2014.

Institutional XRP Inflows Surge to Hit $33 Million, Almost Doubling Its AUM

Institutional XRP Inflows Surge to Hit $33 Million, Almost Doubling Its AUM

Despite tumbling slightly in price, XRP's institutional inflows have been ramping up.

Short Bitcoin Investment Products Saw Record Inflow of $18m Last Week: CoinShares

Short Bitcoin Investment Products Saw Record Inflow of $18m Last Week: CoinShares

Data from digital asset management firm Coinshares showed that outflows from cryptocurrency investment products reached $9.2 million last week, with the majority of inflows coming from short investment products.

BlackRock and SEC Discuss iShares Bitcoin Trust Listing on Nasdaq

BlackRock and SEC Discuss iShares Bitcoin Trust Listing on Nasdaq

The SEC is reviewing multiple proposals for iShares Bitcoin Trust's listing as a spot Bitcoin ETF on Nasdaq, marking a significant step in mainstream cryptocurrency acceptance.

ProShares Files for New Metaverse ETF With U.S. SEC

ProShares Files for New Metaverse ETF With U.S. SEC

The metaverse is likely going to see an exchange-traded fund from ProShares, according to a Tuesday filing with the U.S. Securities and Exchange Commission, Bloomberg reported.

ARK Invest Buys Coinbase Shares Despite Wells Notice

ARK Invest Buys Coinbase Shares Despite Wells Notice

Investment management firm ARK Invest, led by Cathie Wood, has resumed buying shares of Coinbase, purchasing 268,928 shares worth $17.88 million through its ARKK Innovation and ARKW Next Generation Internet exchange-traded funds on March 23. This came just a day after Coinbase's stock price fell by 21% due to news of the company receiving a Wells notice from the Securities and Exchange Commission (SEC).

Bitcoin’s Volatility has Slowed Down, according to CoinShares Chief Strategist

Bitcoin’s Volatility has Slowed Down, according to CoinShares Chief Strategist

Despite the effects of the Covid-19 pandemic, some notable market indexes have hit record highs, making Bitcoin (BTC) appear less volatile according to CoinShares CSO.

CoinShares Launches Twitter Bot for NFT Investors

CoinShares Launches Twitter Bot for NFT Investors

Crypto asset manager CoinShares has launched a helpful Twitter bot for NFT investors.

Capital Inflows into Crypto Investment Products, Hit a 3-Month High of $193m

Capital Inflows into Crypto Investment Products, Hit a 3-Month High of $193m

In the past week, inflows into crypto investment products reached $193 million. A scenario last seen in mid-December 2021, according to digital asset management firm Coinshares.

Crypto Weekly Inflows Have Topped $500M for Six Consecutive Weeks: CoinShares

Crypto Weekly Inflows Have Topped $500M for Six Consecutive Weeks: CoinShares

Inflows into crypto investment products have been experiencing an uptick for six consecutive weeks, topping $500 million, according to a report by market insight provider CoinShares.

iFinex Proposes $150 Million Share Buyback from Bitfinex Hack Victims

iFinex Proposes $150 Million Share Buyback from Bitfinex Hack Victims

iFinex, Bitfinex's parent company, plans a $150 million share buyback to re-acquire shares given as compensation for a 2016 hack. The offer follows a valuation surge from $120 million in 2016 to $1.7 billion, providing an exit route for investors. Shareholders have until October 24 to respond to the buyback offer.

On BX Swiss market, 21Shares launches crypto staking ETP

On BX Swiss market, 21Shares launches crypto staking ETP

Staking-focused crypto-exchange-traded product from 21Shares. The STAKE ETP follows BNB, Cardano, Cosmos, Polkadot (DOT), Solana, and Tezos. 21Shares Staking Basket ETP never lends. AXTZ's year-to-date performance has increased 38% and ASOL's 78%.

Cryptocurrencies post record inflows in first 11 months of 2021: CoinShares

Cryptocurrencies post record inflows in first 11 months of 2021: CoinShares

According to data from digital asset manager CoinShares on Monday, cryptocurrency products and funds posted record inflows in the first 11 months of 2021.

Bitmain Responds to Former Co-Founder Claims of Holding 36% Company Stock as Baseless

Bitmain Responds to Former Co-Founder Claims of Holding 36% Company Stock as Baseless

Bitmain recently released an official statement in which it disputed the claims of Micree Zhan, the former CEO, over the ownership of a majority stake of the company.

ProShares Unveils World's First Short Ether-Linked ETF

ProShares Unveils World's First Short Ether-Linked ETF

ProShares introduces ProShares Short Ether Strategy ETF (SETH), the world's first short ether-linked ETF, aiming to profit investors during ether price downtrends, reaffirming the firm's innovative approach.

Tencent Cloud Tech to Support Blockchain Digital Records for Travel Amid COVID-19

Tencent Cloud Tech to Support Blockchain Digital Records for Travel Amid COVID-19

Tencent Holdings has joined hands with blockchain firm ShareRing to deploy a blockchain-powered digital document and identity management solution.

Cryptocurrencies Experience Record Outflows in Week 1 of 2022: CoinShares

Cryptocurrencies Experience Record Outflows in Week 1 of 2022: CoinShares

As prices continued their tumble in the first trading week of 2022, digital asset manager CoinShares' report showed that cryptocurrency investment had net outflows totalling a record $207 million.

ProShares Confirms to Start Trading Bitcoin Futures ETF on NYSE Tuesday

ProShares Confirms to Start Trading Bitcoin Futures ETF on NYSE Tuesday

American Exchange Traded Funds (ETFs) provider, ProShares confirmed that its Bitcoin Futures backed ETF product will begin trading on the NYSE Tuesday.

Cathie Wood’s ARK Invest Purchased Coinbase Stock on Its First Day of Trading

Cathie Wood’s ARK Invest Purchased Coinbase Stock on Its First Day of Trading

Ark Investment management LLC, led by widely popular portfolio manager Cathie Wood, purchased $246 million worth of Coinbase stock on April 14, the first day when the US crypto exchange was listed on Nasdaq stock market.

AdvisorShares Files for US Bitcoin Futures ETF

AdvisorShares Files for US Bitcoin Futures ETF

AdvisorShares investment manager becomes the latest firm to file an application for a Bitcoin futures ETF.

Crypto Investment Products, Funds Sees Net Outflows for 2nd Straight Week

Crypto Investment Products, Funds Sees Net Outflows for 2nd Straight Week

Digital asset manager CoinShares stated that crypto investment products and funds saw net outflows for a second straight week, according to Reuters.

Acorns to Start Offering Customers Access to Bitcoin via ProShares ETF

Acorns to Start Offering Customers Access to Bitcoin via ProShares ETF

Acorns is preparing to launch access to an ETF that enables users to own Bitcoin, without investing in the underlying asset.

BlackRock iShares Bitcoin Trust (IBIT) Sees Zero Inflows, Ending 71-Day Streak

BlackRock iShares Bitcoin Trust (IBIT) Sees Zero Inflows, Ending 71-Day Streak

BlackRock's iShares Bitcoin Trust (IBIT) has experienced a significant shift in investor sentiment, with zero inflows recorded for the first time since the introduction of Bitcoin ETFs in the US. This marks the end of a 71-day streak during which the ETF consistently attracted millions of dollars in daily investments. While other Bitcoin ETFs also experienced a slowdown in inflows, Fidelity Wise Origin Bitcoin Fund and ARK 21Shares Bitcoin ETF managed to secure inflows of $5.6 million and $4.2 million respectively.

ShareRing Integrates New Website with Blockchain-Based Digital Identities

ShareRing Integrates New Website with Blockchain-Based Digital Identities

To tackle the challenge of the loss of autonomy on personal data experienced in Web2, ShareRing has launched a new website with blockchain-powered digital identities that will usher in the Web3 era.

Cathie Wood’s Ark Invest Purchases Twitter Shares Worth $55.34 Million

Cathie Wood’s Ark Invest Purchases Twitter Shares Worth $55.34 Million

Ark Invest’s Cathie Wood is doubling down on her Twitter bet, buying more shares of the popular social media giant following Bitcoin tipping rollout on the social network platform.

ProShares To Debut First US ETF Betting on Bitcoin Plunge

ProShares To Debut First US ETF Betting on Bitcoin Plunge

ProShares is releasing a fund (ticker BITI) that is set to allow investors take short positions on Bitcoin futures.

Crypto ETP provider 21Shares' Parent Firm Raises $25m

Crypto ETP provider 21Shares' Parent Firm Raises $25m

21.co, the parent company of European ETF issuer 21Shares, has completed a $25 million financing led by Marshall Wace at a valuation of $2 billion.

Franklin Templeton Floats Metaverse ETF for EU Investors

Franklin Templeton Floats Metaverse ETF for EU Investors

American multinational holding company and global investment firm, Franklin Templeton has launched a metaverse-focused Exchange-Traded Product (ETP).

ShareRing Adopts NFC Technology to Enhance eKYC Solutions

ShareRing Adopts NFC Technology to Enhance eKYC Solutions

ShareRing, a blockchain-based ecosystem providing digital identity solutions, has integrated near-field communication (NFC) technology to make the electronic know your customer (eKYC) process more secure and reliable.

5 Legendary Investors Share Their Predictions About Bitcoin Prices

5 Legendary Investors Share Their Predictions About Bitcoin Prices

Bitcoin is emerging with the speed of lightning due to the rapid rise of technological advancements. What Bitcoin predictions have leading figures in the industry made?

Block's Cash App Bitcoin Revenue Falls 7%

Block's Cash App Bitcoin Revenue Falls 7%

Jack Dorsey's Block Inc. reported a 7% reduction in Bitcoin sales in Q4, with its Cash App producing $25 million of BTC gross profit, down 25% YoY.

SEC Rejects Application for Physical Bitcoin ETF from Ark 21Shares

SEC Rejects Application for Physical Bitcoin ETF from Ark 21Shares

So far, the SEC has not approved an application for a spot Bitcoin ETF. The latest rejection involves a Bitcoin ETF filed by Ark 21Shares.

BlackRock's iShares Bitcoin Trust Soars, CEO Fink Bullish on BTC Future

BlackRock's iShares Bitcoin Trust Soars, CEO Fink Bullish on BTC Future

BlackRock CEO Larry Fink expresses optimism for Bitcoin as the iShares Bitcoin Trust (IBIT) records historic growth with $13.5 billion inflows in 11 weeks.

CoinShares Acquires Additional Stake in Switzerland-Based FlowBank

CoinShares Acquires Additional Stake in Switzerland-Based FlowBank

CoinShares has further increased its strategic investment into Swiss-based online FlowBank to extend its market reach.

Would the U.S. Finally Approve Spot Bitcoin ETF in 2022?

Would the U.S. Finally Approve Spot Bitcoin ETF in 2022?

With the US SEC approval of Bitcoin futures-based ETF in 2021, are investors right to be hopeful on an actual spot ETF this year?

SEC Postpones Ethereum ETF Decision Amid Regulatory Scrutiny

SEC Postpones Ethereum ETF Decision Amid Regulatory Scrutiny

The SEC has delayed its verdict on Hashdex and Ark 21Shares' spot Ethereum ETF applications until May 2024, signaling a cautious approach to crypto ETFs.

CoinShares Acquires Valkyrie ETF Business, Expanding U.S. Footprint

CoinShares Acquires Valkyrie ETF Business, Expanding U.S. Footprint

CoinShares completes its strategic acquisition of Valkyrie ETF Business, enhancing its U.S. market presence and increasing global AUM.

Institutional Investment in ETH Turns Positive, with Inflows for Four Weeks in a Row

Institutional Investment in ETH Turns Positive, with Inflows for Four Weeks in a Row

According to digital asset management firm Coinshares, inflows into Ethereum crypto investment products reached $120 million over the past week (the week ended July 15); the last time this happened was in June 2021.

ProShares to Expand Cryptocurrency Offerings with Five Innovative Bitcoin ETFs

ProShares to Expand Cryptocurrency Offerings with Five Innovative Bitcoin ETFs

ProShares plans to launch five innovative Bitcoin ETFs, offering leveraged and inverse exposure to Bitcoin through the Bloomberg Galaxy Bitcoin Index, marking a significant development in cryptocurrency investment vehicles.

European Crypto Miners Share Insights About Their Local Mining Industry

European Crypto Miners Share Insights About Their Local Mining Industry

dGen, a non-profit research organization, in its report, has revealed that the cryptocurrency miners in the European region believe that Europe's higher electricity prices as compared to that of Russia and China is due to the strict regulation, strong protections, and political stability.

SEC Extends Review Period for ARK 21Shares Bitcoin ETF

SEC Extends Review Period for ARK 21Shares Bitcoin ETF

The SEC has postponed its decision on the ARK 21Shares Bitcoin ETF till January 10, 2024, marking another delay in the approval process. Amid broader calls for swifter approvals, the SEC's meticulous review approach underscores the regulatory cautiousness enveloping cryptocurrency-based financial offerings.

Direxion Files for Bitcoin ETF With a Deviation, to Track Shorts on BTC Futures

Direxion Files for Bitcoin ETF With a Deviation, to Track Shorts on BTC Futures

American financial services and ETF provider, Direxion has filed for its Bitcoin ETF product, after more than 3 years since it last filed one.

21Shares Debuts The Sandbox-Focused ETP Product

21Shares Debuts The Sandbox-Focused ETP Product

A Switzerland-based digital currency asset manager, 21Sahres, has launched a metaverse product with a focus on The Sandbox.

Head Chef Says DEX Aggregator Will 10x SushiSwap's Market Share

Head Chef Says DEX Aggregator Will 10x SushiSwap's Market Share

In a Jan 16 Medium article, Sushi CEO Jared Grey detailed the DeFi platform. A Q1 DEX aggregator and 2023 decentralized incubator are planned. After a Dec 6 governance proposal showed that Sushi's treasury had 1.5 years remaining, new offerings were proposed.

CoinShares Lists Chainlink, Uniswap ETPs on Germany’s Stock Market Xetra

CoinShares Lists Chainlink, Uniswap ETPs on Germany’s Stock Market Xetra

CoinShares has launched new physically-backed exchange-traded products (ETPs) for Chainlink and Uniswap cryptocurrencies.

ProShares Bitcoin Futures ETF Wants Exemptions from Trading Limits

ProShares Bitcoin Futures ETF Wants Exemptions from Trading Limits

ProShares Bitcoin futures ETF shares could grow too fast on the CME public marketplace. The firm therefore has applied to be exempted from trading limits.

Bitcoin Plunges Over 11% Decline with $141.4M Outflow from Institutions

Bitcoin Plunges Over 11% Decline with $141.4M Outflow from Institutions

Bitcoin suffered its biggest decline in 10 days which has fallen by 11.19% in the past 24 hours, with the net outflow of institutions reaching a record of $141.4 million last week.

Digital Currency Group Announces $250M Share Buyback from Crypto Trusts

Digital Currency Group Announces $250M Share Buyback from Crypto Trusts

Digital Currency Group (DCG), the parent company of Grayscale Investments, has announced a new share buyback program projected to be worth $250 million.

OKG Holdings Says OKEx Founder Investigation Won't Impact Business, OKB Price Plunges Further

OKG Holdings Says OKEx Founder Investigation Won't Impact Business, OKB Price Plunges Further

OKG Technology Holdings Limited has announced that operations won't be affected, despite the PRC investigation into controlling shareholder and OKEx Founder Star Xu.

JICWEBS Blockchain Pilot Project Attracts Four Media Gurus

JICWEBS Blockchain Pilot Project Attracts Four Media Gurus

JICWEBS blockchain pilot project is touted to be a gamechanger in digital advertising as it will optimize transparency, productivity, and trust. This aspect has, therefore, made four media agencies, namely Havas, OMG, Zenith, and Mindshare, to join this initiative.

CoinShares Acquires Napoleon Asset Management, Expanding into EU Markets

CoinShares Acquires Napoleon Asset Management, Expanding into EU Markets

The deal underscores interesting points about CoinShares. The digital asset firm has bought its rival based in France to double down on European Union expansion.

Largest Weekly Inflows in Digital Assets in Over a Year, Led by Bitcoin

Largest Weekly Inflows in Digital Assets in Over a Year, Led by Bitcoin

In a significant shift of sentiment, digital asset investment products experienced their largest single weekly inflows since July 2022, totaling a substantial $199 million, according to CoinShares report. This surge effectively corrected almost half of the prior nine consecutive weeks of outflows, signaling renewed investor confidence in the market.

CoinShares to Launch Algorithmic Trading Platform for Retail Traders

CoinShares to Launch Algorithmic Trading Platform for Retail Traders

CoinShares' new platform HAL will provide retail traders access to a range of algorithmic trading strategies for $20 per month.

Former Federal Reserve Chair Janet Yellen to speak at AFF, Global business leaders to share insights on economic challenges

Former Federal Reserve Chair Janet Yellen to speak at AFF, Global business leaders to share insights on economic challenges

Business leaders from around the world will gather in Hong Kong to share insights at the 13th Asian Financial Forum (AFF), which takes place on 13 and 14 January 2020 at the Hong Kong Convention and Exhibition Centre (HKCEC). Under the theme “Redefining Growth: Innovation ∙ Breakthrough ∙ Inclusiveness”, global financial experts, policymakers, business leaders and economists will examine topical issues in the global economy and explore new opportunities. This year’s AFF will feature discussions on a wide range of issues such as the new global economy, fintech, sustainable and inclusive development and green financing, offering participants a head start in identifying new economic challenges and opportunities.

China's Blockchain Initiative Hits Roadblock as Stakeholders Refuse to Share Private Data for Free

China's Blockchain Initiative Hits Roadblock as Stakeholders Refuse to Share Private Data for Free

China’s blockchain initiative is going ahead full steam, but local and provincial officials are facing some resistance from stakeholders who are not enthusiastic about sharing their data.

Why Google Chrome Is Losing Market Share to Cryptocurrency-Powered Brave Browser

Why Google Chrome Is Losing Market Share to Cryptocurrency-Powered Brave Browser

Google Chrome is losing some of its customers to the new Brave browser primarily because of the latter's privacy by default model and BAT token incentive.

Eastern Europe Hotbed For Darknet As Ransomware Activity Increases

Eastern Europe Hotbed For Darknet As Ransomware Activity Increases

A recent study from Chainalysis has found that darknet operators are responsible for a disproportionately large share of the crypto market in Eastern Europe.

Riot Blockchain Sees Growth in Q1 2020 Despite COVID-19 Disruption

Riot Blockchain Sees Growth in Q1 2020 Despite COVID-19 Disruption

Riot Blockchain Inc., one of the few listed public cryptocurrency mining companies in the United States on Nasdaq, reported financial results for Q1 of 2020, which ended on March 31. The company has seen a small growth in its earnings per share during this quarter. Riot Blockchain previously changed its name from Bioptix in 2017 after shifting its focus from biotechnology to Bitcoin mining. The company’s share price skyrocketed to a $38 high in late 2017, which then fell to $110 after Riot was accused of misleading investors by capitalizing on public interest in blockchain to drive up its share price. These claims have been dismissed on the basis that it was not proven that the company’s name was changed to drive up the share price.

Blockchain Can Make Patients Profit From Personal Health Data

Blockchain Can Make Patients Profit From Personal Health Data

Jim Nasr, a healthtech expert who is the Vice President of Technology and Innovation at Certara, has forecasted that blockchain could assist patients own, share, and monetize their own health data.

World's Largest IPO Ant Group to Raise $34.4 Billion, What is behind it?

World's Largest IPO Ant Group to Raise $34.4 Billion, What is behind it?

Ant Group priced its dual listing on the Hong Kong Stock Exchange and Shanghai's Star Market at 80 Hong Kong dollars ($10.32) and 68.8 yuan ($10.26) per share respectively,

Response to Facebook Libra? EU Banks Can Deploy Payment System By 2020

Response to Facebook Libra? EU Banks Can Deploy Payment System By 2020

All banks in the eurozone could share the instant payment system at the end of 2020, as reported by Reuters on 26 June.

Has Tesla's Elon Musk Been Buying Bitcoin with Michael Saylor's Playbook?

Has Tesla's Elon Musk Been Buying Bitcoin with Michael Saylor's Playbook?

Less than a month ago, MicroStrategy’s CEO Michael Saylor offered to share his Bitcoin playbook with SpaceX founder Elon Musk—did Musk accept the offer?

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