Friday’s trading session delivered a substantial influx of $ 979.22 million into 10 of the 12 spot bitcoin exchange-traded funds (ETFs), while spot ethereum ETFs accrued $ 23.87 million, reinforcing a pronounced shift in institutional engagement with digital assets. Friday’s Crypto ETF Frenzy In the bitcoin ETF domain, Blackrock’s IBIT emerged as the …
It’s instructive to look back to see how much difference one week can make. Participants weathered volatile bitcoin price action, the marque crypto asset dropped 10%. Despite spot bitcoin ETF outflows and macroeconomic concerns on the negative side, the bullish sentiment around blockchain activity on the positive helped keep most people bullish. This editorial is […]
Bitcoin, currently priced at $ 103,737 to $ 104,266 over the last hour with a market capitalization of $ 2.05 trillion, a 24-hour trading volume of $ 49 billion, and an intraday range oscillating between $ 102,214 and $ 105,850, reflects a heightened state of market dynamism in the …
A proposed Oklahoma bill seeks to integrate bitcoin into state savings and pensions, aiming to safeguard purchasing power and position the state as a leader in digital assets. State Finances Meet Bitcoin: Oklahoma Lawmaker’s Strategic Reserve Plan Oklahoma State Rep. Cody Maynard announced on Wednesday that he has introduced the Strategic Bitcoin Reserve Act, proposing […]
Microstrategy plans to use unique shares expansion model to raise more funds for the acquisition of bitcoin. Michael Saylor Still Wants More Bitcoin Microstrategy intends to expand its authorized class A common stock from 330 million shares to 10.30 billion shares to facilitate the company’s extensive bitcoin acquisitions, according to Bloomberg. The plan is expected […]