At 10:00 a.m. EDT on Feb. 9, 2024, the nine recently launched spot bitcoin exchange-traded funds (ETFs) collectively possess 202,868.61 bitcoin, valued at $ 9.56 billion according to current exchange rates. New ETFs Command Over 200,000 Bitcoin In the last 28 days, spot bitcoin ETFs introduced by Blackrock, Fidelity, Ark Invest, Bitwise, Invesco, Vaneck, …
Bitcoin’s cumulative hashrate witnessed notable swings starting in late December, with a pronounced decline occurring in mid-January. This decrease was primarily attributed to the severe cold in Texas, leading many miners to pause their operations temporarily. By Jan. 21, 2024, the hashrate’s seven-day simple moving average (SMA) dipped under the 500 exahash per second (EH/s) […]
PRESS RELEASE. A highly anticipated layer 1 project, Areon Network, is launching their mainnet on January 12, remarking the start of the Areon ecosystem. The date also coincides with Areon’s self-designated birthday: the day when their token AREA was first listed in 2023 on BSC. What is Areon Network? Areon stands out as a user-oriented, […]
The crypto financial services platform Matrixport has said it does not see the U.S. Securities and Exchange Commission approving any spot bitcoin exchange-traded fund in January. In its latest report, the crypto platform said it foresees the price of bitcoin dropping “back to the $ 36,000/$ 38,000 range.” Approvals Expected After January The …
The expected approval of spot bitcoin exchange-traded funds (ETFs) applications by the U.S. Securities and Exchange Commission will see the top crypto asset’s price jumping to $ 50,000 in January, the latest market preview by Matrixport has predicted. The crypto financial services platform said the approval of ETFs, combined with bitcoin halving, will likely …