The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.
The market momentum for bitcoin ETFs continued after a sluggish start to the week, with Wednesday's inflow hitting $92 million. Bitcoin ETFs Attract $92 Million in Fresh Inflows On Wednesday, Jan. 29, bitcoin exchange-traded funds (ETFs) experienced a net inflow of $92.09 million, according to data from Sosovalue.
Norway's sovereign wealth fund, managed by Norges Bank Investment Management, has positions in MicroStrategy, Square, Tesla, MARA Holdings, Riot Platforms and Coinbase.
Crypto assets are trading sideways after attempting a narrow recovery following last week's free fall. Despite slight whale inflows, Solana (SOL) and Tron (TRX) are among the struggling altcoins.
After a tough 2024 for the Bitcoin mining industry, mining companies might finally get some relief as competition might slowly cool down.
El Salvador's Legislative Assembly has amended its Bitcoin Law, making it optional for merchants to accept Bitcoin as payment. This change aligns with conditions set by the International Monetary Fund for a $1.
The Czech National Bank is exploring a potential expansion of its investment portfolio, as global institutions, such as the Norwegian sovereign wealth fund, show increasing exposure to assets like Bitcoin (CRYPTO: BTC). What Happened: The CNB's Bank Board, during its Thursday meeting, approved an analysis into broadening its international reserves.
Grayscale introduced its Bitcoin Miners ETF on NYSE Arca, offering exposure to key Bitcoin mining firms like Marathon and Riot. Tracking the Indxx Bitcoin Miners Index, the fund focuses on companies shaping the sector, from hardware to mining operations, as the industry adapts to evolving market conditions. The post Grayscale Launches Bitcoin Mining ETF on NYSE Arca appeared first on Cryptonews.
DeepSeek may have “nothing to do” with crypto, but its sudden entrance on the scene affected crypto prices.
Elon Musk's electric car manufacturer, Tesla, reported a $600 million net paper gain on its Bitcoin holdings in the fourth quarter of 2024 after taking advantage of a new accounting rule that allows companies to value digital assets at current market prices each quarter.
ECB President Lagarde said she's "confident" bitcoin will not be a part of the assets of any EU central bank.
After the week-long corrective pullback that cut across crypto majors, assets like Litecoin and Bitcoin are on a rebound. In both cases, the bulls are striving to break crucial resistance in their quest to retest and surpass recent highs.
The JELLYJELLY token, inspired by Venmo's founder, sees explosive growth on launch day, marking a shift towards Internet Capital Markets on Solana.
Bitcoin has caught yet another market correlation. According to JPMorgan analysts, BTC is most closely correlated with small-cap tech stocks.
Trump's recent executive order may signal the end of Bitcoin's historically rigid four-year market cycle. With regulatory clarity, institutional adoption, and government-backed initiatives, could this policy shift usher in a new era of sustained growth—eliminating the dreaded crypto winter?
El Salvador agreed to stop accepting tax payments in BTC and to “gradually unwind” the Chivo wallet, a government-issued crypto wallet.
Securitize has expanded its tokenized real-world asset (RWA) offerings by integrating with Solana as part of a new collaboration with Apollo Global Management. The partnership introduces a tokenized version of the Apollo Diversified Credit Fund (ACRED), offering on-chain access to private credit investments.
In a significant acknowledgment of the growing influence of the cryptocurrency market and its flagship asset, Bitcoin (BTC), Michael Saylor, co-founder of MicroStrategy, graces the cover of Forbes Magazine.
Velar's new initiative aims to improve Bitcoin interactions, partnering with Stacks and other leaders to enhance user identity management.
Bitcoin can be a tool for women all around the world closed out of the traditional financial system.
After negligible Fed decision impact, here's why BTC's Friday's inflation report could set market direction.
At more than $100,000 per coin, Bitcoin is increasingly seen as a financial asset that can unlock new wealth opportunities for holders.
Christine Lagarde confirms Bitcoin will not be included in the eurozone's central bank reserves due to concerns over liquidity, security, and regulatory scrutiny.
Unlike its previous program, Kraken's revamped staking service ensures regulatory compliance and enhanced security, backed by third-party insurance.
The launch of Grayscale Bitcoin Miners ETF will offer investors who are not ready to get direct exposure to BTC a chance to support the BTC mining ecosystem.
TL;DR The price of Bitcoin has reached $106,000 after the release of US GDP data, which came in below expectations, favoring cryptocurrencies. Bond yields and the US dollar weakened, driving a rebound in the crypto market. Analysts expect BTC to stay above $106,000, which could lead to a sustained bullish movement and benefit other cryptocurrencies.
While the U.S. presidential committee continues to discuss the possibility of establishing a strategic reserve that may include a combination of domestic crypto tokens, state governments have already made their intentions clear.
The SEC fined Kraken $30 million back in 2023 and forced it to shut down a similar staking product for U.S. customers.
Christine Lagarde seemed to dismiss concerns that Czechia's central bank would adopt Bitcoin as a reserve asset.
For Bitcoin accounts and those with dissident views, the takedown of accounts remind many that giant tech companies control much of what happens on the Internet.
Grayscale Investments has launched the Grayscale Bitcoin Miners ETF, offering investors exposure to bitcoin mining firms, as the industry continues to expand.
The European Central Bank (ECB) has no intention of adding Bitcoin (CRYPTO: BTC) to its reserves, according to ECB President Christine Lagarde . Speaking after the central bank's latest interest rate adjustment, Lagarde dismissed the idea, stating that Bitcoin does not align with the ECB's standards for safety, liquidity and regulatory compliance, The Block reported.
European Central Bank President Christine Lagarde slapped down on Thursday a suggestion by her Czech colleague Ales Michl to include bitcoin among his country's official reserves.
Norway's central bank holds over $500 million in indirect Bitcoin exposure through investments in MicroStrategy and other BTC-focus entities.
Dogecoin is back in the green Thursday with modest gains, but some prominent Solana meme coins are blasting up the charts.
The CNB board Czech National Bank Bitcoin proposal approved a proposal to assess investing in Bitcoin as part of its €140B reserves.
Grayscale, the first mainstream crypto-centric asset manager, announces the launch of MNRS, an exchange-traded fund (ETF) on Bitcoin (BTC) mining heavyweight stocks. It provides investors with yet another opportunity to benefit from the BTC rally without owning crypto physically.
Mizuho Securities initiated coverage on shares of MSTR with an "outperform" rating and a $515 price target.
Velar and its partners have raised more than 6,000 STX to incentivize users to adopt the .BTC digital identity on the Stacks layer-2 network.
The CNB approves plan to explore allocating a portion of its €140 billion reserves to Bitcoin.
Ark Invest CEO Cathie Wood on Tuesday shared her insights on crypto regulations under President Trump and Bitcoin's (CRYPTO: BTC) evolving role in financial markets. What Happened: Wood, a longtime Bitcoin bull, said in an interview with Bloomberg that she believes a Trump-led government would bring greater regulatory clarity and support for crypto across all branches of the U.S. government.
Bitcoin could top fresh records in the coming days, with prices soaring to as high $130,000 in the coming months, Standard Chartered wrote.
In a meeting following the European Central Bank's (ECB) interest rate cut announcement, the bank's President, Christine Lagarde, reiterated her long-standing criticism of cryptocurrencies in general, and Bitcoin (BTC) in particular.
In a latest development, the board of the Czech National Bank approved a proposal on Thursday to analyze the options for investing in additional asset classes, including bitcoin.
Tokenized Credit Fund offers access to Apollo Diversified Credit Fund, utilizing chains like Solana and Ethereum.
With a strong focus on innovation and solving blockchain inefficiencies, Lightchain AI is rapidly gaining momentum as a serious contender to Solana's dominance.
TL;DR Grayscale launches a Bitcoin Miners ETF focused on companies in the sector, offering a new investment alternative. The ETF provides exposure to Bitcoin mining without the need for direct cryptocurrency investment, reducing risk. Grayscale's management aims to capitalize on the growth of Bitcoin miners as global adoption of the cryptocurrency expands.
As the cryptocurrency market continues to expand, Lightchain AI is rapidly gaining traction among early investors and blockchain enthusiasts.