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The Latest Breaking News from Bitcoin

Bitcoin Makes A Strong Comeback, Surpassing $42K As GBTC Selloff Stalls

Since transitioning to trade as a spot Bitcoin exchange-traded fund (ETF) on January 11, the Grayscale Bitcoin Trust (GBTC) has experienced an outflow of approximately $4.8 billion from its holdings.

International Business Times

Bitcoin prices plummet as institutional investors sell Grayscale bitcoin ETFs

Discover the reasons behind the disparity between the strong volume and approval of Bitcoin ETFs and the drop in Bitcoin price. Explore data and insights i...

Top News

Bullish or Bearish on Bitcoin? How Fluctuating Crypto Markets Influence Our Investing Decisions

Explore the impact of Bitcoin's market fluctuations on investing decisions in the dynamic world of crypto.

International Business Times UK

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Grayscale Bitcoin ETF Bounces Into First Buy Area In Months, And What It Means For Rival ETFs

On Friday, the 11 spot bitcoin ETFs were having their best day since they started trading on Jan. 11.

Investors Business Daily

Holding The Line: Tesla Stays Resolute On Bitcoin In Q4 Earnings Report

Tesla Inc.'s fourth-quarter report noticeably omitted any mention of Bitcoin-related activities, underlining the company's continued ownership of its significant Bitcoin holdings, totaling 9,720 BTC.

International Business Times

Judge Advocates For Focused And Fast-Track Approach In FTX Bankruptcy Investigation

During this week's hearing, the Office of the U.S. Trustee, the federal entity responsible for overseeing corporate bankruptcies, advocated for keeping the cost, duration and extent of the fresh investigation open until after the examiner's appointment.

International Business Times

Data gold rush: companies once focused on mining cryptocurrency pivot to generative AI

Tech companies are cashing in on an unprecedented demand for computing power needed to operate artificial intelligence

The Guardian - AU

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Grayscale's Bitcoin Exodus Appears To Stall With GBTC's Record Low Net Outflow

GBTC has been recording massive outflows since it officially traded as a spot Bitcoin exchange-traded fund (ETF).

International Business Times

From Darknet to Auction Block: US Set To Sell $130 Million Silk Road-Linked Bitcoin Stash

In the notice, the government explicitly outlines its intentions to liquidate the seized Bitcoin.

International Business Times

Bitcoin scam: FIR reveals multiple irregularities by CCB inspectors

Bitcoin scam investigation reveals arrests of police officers, illegal custody, hacking, and destruction of evidence.

The Hindu

Bitcoin scam: SIT arrests two, including Police Inspector

Bengaluru Bitcoin scam investigation leads to arrest of police inspector and cyber crime expert, with more suspects booked.

The Hindu

SEC Is 'Hard No' On Ethereum ETF; Issuers Hold Out For A Positive Turn

The SEC's stance on spot Ethereum ETFs appears less favorable, as it has been described as a "hard no" with reported "internal resistance to the idea."

International Business Times

Bitcoin in the U.S., Latinos Drawn to Crypto as an Alternative 'Pathway to Wealth Building'

Crediverso CEO Carlos Hernández explores financial disparities among U.S. Hispanics and the community's growing interest in Bitcoin

Latin Times

SEC Seeks More Time On Ethereum ETF, Delays Decision on BlackRock's Application To March

BlackRock filed for its spot Ethereum ETF in November, called the iShares Ethereum Trust. The SEC made the delay one day before the Jan. 25 deadline, marking the initial delay within the SEC's 240-day review period.

International Business Times

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International Business Times

Bitwise Leads The Pack, Discloses Wallet Address For Bitcoin ETF Holdings

Bitwise's latest move is in line with the fundamental principles of Bitcoin, which prioritize transparency and open verification. Disclosing addresses allows investors and regulators to independently validate asset holdings and transaction flows.

The Hindu

Top news developments in Karnataka on January 25, 2024

International Business Times

ARK Invest's Latest Maneuver Reveals Strategic Play Of Boosting ARKB Holdings While Shedding BITO

ARKB, on its eighth day of trading, the fund experienced a notable inflow of $110.5 million, further solidifying its position as an attractive investment vehicle in the Bitcoin ETF landscape.

International Business Times

Crypto Chaos: Inside SEC's X Account Hack And Market Impact

SEC's X account hack, involving a SIM swap, instigates market turmoil as investigators delve into the cyberattack's details.

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International Business Times

Grayscale Bitcoin Trust Balance Sees 12% Decline, Reaches 553,000 BTC As Pressure Mounts

Grayscale Bitcoin Trust ETF (GBTC) Bitcoin balance currently stands at approximately 553,000 BTC, marking a notable decrease of approximately 12% from its peak level of 630,000 BTC.

International Business Times

BlackRock's IBIT Commands Bitcoin ETF Arena with $272M Inflows Amid GBTC's Nearly $600M Exodus

The significant uptick in inflows for the IBIT on Tuesday marked the ETF's third-largest inflow day.

International Business Times

SEC's Refreshing Approach: Ethereum ETFs Won't Face Bitcoin's Approval Woes

Peirce, also known as "crypto mom" in the cryptocurrency community, enthusiastically acknowledged the newfound investment opportunities unlocked with the approval of Bitcoin ETFs.

International Business Times

Bitcoin Plummets At $38K Mark Amid Grayscale's Massive $600M Sell-Off

The king of crypto's continued downhill trading coincided with the transfer of approximately 15,200 BTC from Grayscale Investment's Bitcoin ETF GBTC to Coinbase worth around $590 million on Tuesday.

International Business Times UK

Web3 Gaming Trends in 2024: Utility-Driven Integration, iGaming Models and Web2.5 Impact

This year can finally be the year that Web3 gaming takes its much-awaited leap towards mainstream adoption. Let's dive into key trends.

International Business Times

Bitcoin's Recent Dip Below $39,000: What Does Future Hold?

Bitcoin's fall below $39,000 intensifies market complexities and prompts scrutiny of its short-term direction.

Evening Standard

It's a question of time before the UK gets its own Bitcoin ETFs

City Voices: Just as London played host to successful fintech pioneers such as Starling and Monzo, so equivalent success for digital assets firms can now happen

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