Ethereum's Vitalik Buterin proposes cementing ETH's dominance in financial ecosystems by unifying its role across Layer 1 and Layer 2 economies.
Nasdaq has filed an amended rule proposal seeking to introduce in-kind redemptions for BlackRock's iShares Bitcoin ETF (IBIT), according to a Jan. 24 regulatory filing. The adjustment would allow the exchange-traded fund to transfer Bitcoin (BTC) directly to investors during redemptions instead of converting holdings into cash.
The Securities and Exchange Commission had previously only allowed cash redemptions when the spot bitcoin ETFs were approved last January.
Nasdaq, on behalf of BlackRock, is pursuing a potential change to the asset management firm's spot bitcoin exchange-traded fund.
American investment management company BlackRock is pushing for a new redemption model for its ETF product, the iShares Bitcoin Trust (IBIT). Notably, its trading venue, the Nasdaq Stock Market LLC, filed for the in-kind redemption model with the United States Securities and Exchange Commission (SEC).
Cryptocurrency markets are trading marginally higher on Friday after President Trump's crypto executive order on Thursday. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $105,111.01 -0.2% Ethereum (CRYPTO: ETH) $3,338.66 +1.9% Solana (CRYPTO: SOL) $258.79 +1% XRP (CRYPTO: XRP) $3.12 -1% Dogecoin (CRYPTO: DOGE) $0.3543 -0.3% Shiba Inu (CRYPTO: SHIB) $0.00002006 -0.4% Notable Statistics: IntoTheBlock data shows large transaction volume increased by 6.5% and daily active addresses falling by 0.09%.
ETH and Bitcoin trends diverge as RTX, a unique crypto project, captures attention with unique features and rapid growth. #partnercontent
As Bitcoin strengthens its market dominance, altcoins struggle, with the Altcoin Season Index showing sharp declines.
Ethereum is now demonstrating steady price growth, posting a 6% rise in the past day as the broader cryptocurrency market rallied. This upward momentum follows news of a US executive order establishing a national digital asset stockpile, contributing to a positive market environment.
Ether, the second largest cryptocurrency, has fallen more than 20% against Bitcoin in the last six weeks. With the ETHBTC ratio remaining near a two-month low, sellers are pushing to stabilize the price below $3,400. This pressure has led to a significant drop in an important on-chain metric, indicating potential further declines in its price.
MicroStrategy said that it's taking measures to manage $1.05 billion in corporate debt accumulated while stockpiling Bitcoin.
On Thursday, January 23, US President Donald Trump issued the first-ever executive on cryptocurrencies. The order outlines the formation of a “national digital asset stockpile,” which has prompted questions about whether the United States intends to actively purchase Bitcoin (BTC) or merely incorporate confiscated BTC into a reserve.
President Donald Trump pledges to make the U.S. the crypto capital of the world and signs a pro-crypto executive order. Plus, BlackRock CEO Larry Fink predicts BTC price will exceed $700,000 and the SEC withdraws a controversial crypto reporting rule.
Ethereum (ETH) price is in the spotlight as the combined crypto market continues on its bullish trajectory. According to crypto analytics platform CryptoQuant data, a rising open interest has hinted that Ethereum may see a breakout soon.
Ethereum price has underperformed Bitcoin and other popular coins like Ripple and Solana this year. Ethereum (ETH) was trading at $3,400, down by nearly 20% from its highest level in December last year.
Whales are kicking up a storm on Ethereum's charts again, but this time, the whales are famous!
Bitcoiners need to stop letting the extremes of naive idealism and jaded cynicism drive the public discourse.
Calamos Investments has introduced a suite of Protected Bitcoin Exchange-Traded Funds (ETFs), designed to offer exposure to Bitcoin (CRYPTO: BTC) while minimizing risk. What Happened: The flagship ETF provides 100% downside protection over a one-year period, ensuring that investors' principal remains intact even if Bitcoin experiences a significant price drop.
Semler Scientific has announced an increase in its convertible senior notes offering to $85 million from the previously planned $75 million. The company also granted initial purchasers the option to buy an additional $15 million in notes.
BlackRock's spot Bitcoin ETF (IBIT) surpassed $1 billion in inflows in the first two hours of trading today. This comes despite record outflows earlier in the month, displaying the product's dramatic recovery.
According to data from SaylorTracker, MicroStrategy shares are currently trading at a net asset value (NAV) of 1.86x.
Bloomberg Intelligence senior macro strategist Mike McGlone is warning that gold's strong 2024 performance may be a bearish signal for Bitcoin (BTC) and other risk assets.
Bitcoin (BTC) price is up 3% in the last 24 hours. Still, the rally has been relatively muted despite two major developments: the SEC revoking SAB 121 policy, allowing banks to custody crypto, and Trump creating a Digital Asset Stockpile by executive order.
The SEC has just revoked the accounting bulletin SAB 121, and removed the constraints on financial institutions in the United States. This decision now paves the way for increased adoption of DeFi services and strengthens the position of Ethereum in the crypto landscape.
Ethereum's silent giants are making waves in the market. Over the past several months, large investors, often referred to as “whales,” have been quietly accumulating massive amounts of Ethereum (ETH).
Increased user interest in bitcoin during the Chinese New Year celebration could spark another significant price increase for BTC, based on historical data.
Shiba Inu (SHIB) and Ethereum (ETH) have been recovering on their price charts. However, market analysts like InvestingHaven and Ted have made bullish price predictions for these top altcoins. Meanwhile, DTX Exchange (DTX) is pulling through as a new star in the crypto space.
The U.S. government shouldn't stockpile anything but bitcoin.
The US Securities and Exchange Commission (SEC) announced on Thursday, January 23, the rescission of Staff Accounting Bulletin (SAB) No. 121, a directive that had imposed stringent accounting requirements on crypto custody for US banks and financial institutions.
Ethereum is experiencing massive pressure as market indicators signal short term recovery.
MetaMask is making a multi-chain push, expanding beyond Ethereum as users increasingly explore a broader range of crypto ecosystems.
Latin America's Bitcoin ATM ecosystem reveals striking contrasts in cryptocurrency adoption across the region. El Salvador stands out as the undisputed leader, dominating the landscape with the highest number of Bitcoin ATMs. LATAM leader in Bitcoin ATMs According to Coin ATM Radar, El Salvador has 215 Bitcoin ATMs, far surpassing its regional competitors.
As the new Trump administration takes the reins in Washington, global banking giants have expressed optimism about expanding their crypto businesses.
Bitcoin ETF accelerated their pace of inflows on bullish expectations and US-based demand. Crypto ETF are becoming more competitive against more traditional investments.
TL;DR Blockchain activity for retail transactions dropped by 19.34%, even as Bitcoin remains above $100,000 and near its all-time high. Interest in cryptocurrencies has grown compared to last year but focuses on isolated events that trigger activity spikes.
Having reclaimed the psychological price of $100,000, Bitcoin has got the crypto community talking about its inclination toward smashing its present all-time high (ATH) of $109,114.
MicroStrategy plans to redeem $1.05B in notes amid Bitcoin tax rule concerns, due to CAMT's impact on unrealized Bitcoin gains. The post MicroStrategy to redeem $1.05B in convertible notes amid concerns over Bitcoin tax rules appeared first on Crypto Briefing.
Bitcoin has recently been trading inside a historically narrow 60-day price range. Here's what usually follows such periods of compressed volatility.
The Bitcoin community is angry with Ripple for endorsing a multi-asset strategic reserve in the United States instead of a Bitcoin-only reserve. Bitcoiners are accusing the San Francisco-based blockchain payments startup of being the “biggest obstacle” to a national U.S. Bitcoin due to it actively pushing for the inclusion of several coins, including XRP.
With $47B in Bitcoin holdings, MicroStrategy could face billions in federal taxes under U.S. rules taxing unrealized gains. As the IRS evaluates relief options, the firm's negotiations may influence how cryptocurrency is treated in corporate tax frameworks, setting critical precedents for the industry. The post MicroStrategy Faces Potential Tax Burden on Unrealized Bitcoin Gains: Report appeared first on Cryptonews.
Ethereum (CRYPTO: ETH) is rallying amid a combination of improved scalability developments, accumulation by wallets connected to the Trump family and growing optimism among traders. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Ethereum (CRYPTO: ETH) $3,390.73 $408.6 billion +3.6% -1.5% Bitcoin (CRYPTO: BTC) $106,031.95 $2.1 trillion +0.3% +1.2% XRP (CRYPTO: XRP) $3.16 $181.9 billion +0.09% -2.8% Trader Notes: Trader Cold Blooded Shiller predicts Ethereum will hit $5,000 by March, noting the altcoin is breaking into new territory after months of consolidation.
Bitcoin's price experienced a slight dip following its recent all-time high (ATH) of $110,000, with its current trading value hovering around $102,674. After a drop of about 7.3% from the peak, many crypto enthusiasts are now eyeing key levels that could present an excellent opportunity to buy Bitcoin before the price potentially surges again, heading toward a new ATH of $120,000.
Bitcoin is holding firm above $100,000, indicating that every minor dip is being purchased in anticipation of new all-time highs.
MicroStrategy, known for its extensive Bitcoin holdings, faces a potential billion-dollar tax liability due to unrealized gains under the new CAMT. Could this force the company to sell its Bitcoin?
A decentralized, censorship-resistant blockchain supporting global applications. Developers, wallet providers, and community efforts are key to Ethereum's growth.
Ethereum price has been under pressure in recent days and has underperformed peers like Solana and XRP. We discuss the odds of its upside.
Ethereum is witnessing heightened buying activity near the 100-day moving average at $3.2K, fueling optimism for a bullish breakout. The asset appears poised to challenge the critical $3.5K resistance zone, a decisive level that could dictate its mid-term trajectory.
Coinbase (NASDAQ:COIN) co-founder and CEO Brian Armstrong said Bitcoin (CRYPTO: BTC) is “a better form of money,” advocating for its inclusion in government reserves. What Happened: Armstrong on Thursday on X argued that Bitcoin's ~$2 trillion market cap—roughly 11% of gold's ~$18 trillion market cap—positions it as a superior form of money due to decentralization, scarcity, divisibility, portability and improved fungibility compared to gold.