Bitcoin Magazine

2024-05-26 08:01:32 Donald Trump says "I will ensure that the future of crypto and Bitcoin will be made in the USA…I will support the right to self custody to the nations 50 million crypto holders."

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2024-05-25 09:41:39 Bitcoin is up 200% since Jim Cramer said it is about to go down big

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2024-05-24 03:58:29 JUST IN: SEC approves spot Ethereum ETFs.

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2024-05-23 20:31:57 Spot bitcoin ETFs maintain positive momentum as FIT21 bill passes House vote

Spot bitcoin exchange-traded funds in the U.S. reported total net inflows of $153.91 million on Wednesday, logging their eighth consecutive day of net inflows. BlackRock’s IBIT recorded the largest net inflows of $92 million among the 11 ETFs, according to data from SoSoValue. Fidelity’s spot bitcoin ETF followed with inflows of $75 million, while Ark Invest and 21Shares’ fund drew in $3 million on Wednesday.

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2024-05-23 09:29:58 HAPPY BITCOIN PIZZA DAY

Laszlo made the first real-world transaction on May 22, 2010 using Bitcoin to purchase two Papa John's pizzas for 10,000 $BTC

Those 10,000 bitcoins are worth $701 million today

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2024-05-22 18:40:00 WisdomTree first to get nod from FCA on spot Bitcoin ETP ahead of multi-product UK launch

WisdomTree has received approval from the Financial Conduct Authority to list its physically-backed Bitcoin and Ethereum ETPs on the London Stock Exchange. This approval allows WisdomTree to introduce the WisdomTree Physical Bitcoin and WisdomTree Physical Ethereum ETPs, targeting the May 28 lifting of UK restrictions. These ETPs, available exclusively to professional investors, have a management expense ratio of 0.35%, making them reportedly among the lowest fee institutional-grade crypto ETPs in Europe.

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2024-05-22 09:14:58 Bitcoin Price to Soar as Japan’s Economy Worsens: BitMEX’s Arthur Hayes

The weakening Japanese yen could potentially lead to actions that drive up the price of bitcoin and other cryptocurrencies, according to former BitMEX CEO Arthur Hayes. His central argument revolves around the fact the Japanese yen has been rapidly weakening against the US dollar due to the large interest rate differential between the two currencies. This hurts Japan’s export competitiveness against China.

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2024-05-21 09:00:35 Bitcoin to Reach $420K by Decade's End, Says Ric Edelman

Ric Edelman, founder of Edelman Financial Engines, forecasts bitcoin will reach $420,000 by the decade’s end. He explained that if 1% of the world’s $738 trillion in financial assets were allocated to bitcoin, it would result in $7.4 trillion in inflows, raising bitcoin’s price to $420,000.

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2024-05-20 19:20:30 Number of new Bitcoin wallets drops to lowest level since 2018

Six months ago, excitement around spot Bitcoin ETFs, developments in the Bitcoin ecosystem such as Ordinals, and the upcoming halving drove the average weekly number of new Bitcoin addresses to approach its highest levels since its all-time high value in December 2017. Yet six months on, just like in early 2018, the number of new addresses joining the network has cratered as the fervor around new Bitcoin projects dies down.

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2024-05-19 20:00:48 Blackrock Bitcoin ETF Attracts 414 Institutional Holders — Analyst Says IBIT 'Blows Away Record'

Blackrock’s spot bitcoin exchange-traded fund (ETF), the Ishares Bitcoin Trust (IBIT), has amassed 414 insitutional holders in less than three months, according to filings with the U.S. Securities and Exchange Commission (SEC). A senior Bloomberg analyst described this achievement as “mind-boggling” and “highly rare” for new ETFs. Other recently launched ETFs have significantly fewer institutional holders.

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