Crypto Market Analysis & Daily Market Reviews
News block 1. Genesis is preparing to sell GBTC shares for $1.4 billion Bankrupt crypto lender Genesis Global Capital has filed a petition with the U.S. Bankruptcy Court in the Southern District of New York with a request to allow...
Crypto Market Analysis & Daily Market Reviews
News block 1. USA: the impact of mining on electricity consumption The US Department of Energy has begun collecting information to develop a "baseline snapshot" of energy consumption in the country in the cryptocurrency mining...
Crypto Market Analysis & Daily Market Reviews
News block 1. Dynamics of the volume of spot Bitcoin ETFs GBTC, a fund from Grayscale, continues to aggressively sell bitcoins. So, in January alone, GBTC reserves decreased by 132,195 BTC, decreasing by 21% from 619,220 BTC on...
Crypto Market Analysis & Daily Market Reviews
News block 1. Tether: record quarterly profit According to the BDO auditing firm, Tether, the issuer of the USDT stablecoin, achieved a record profit of $2.9 billion in the fourth quarter of 2023, which increased excess reserves by...
Crypto Market Analysis & Daily Market Reviews
News block 1. Belarus has started the development of the digital ruble The development of a platform for the digital Belarusian ruble has begun in Belarus. The platform will run on the Hyperledger Fabric open blockchain. First,...
Crypto Market Analysis & Daily Market Reviews
News block 1. Increased Competition among Spot Bitcoin ETFs Invesco and Galaxy Asset Management announced that they will reduce the commission for their BTC-based exchange-traded fund from 0.39% to 0.25%. This is a necessary step in...
Crypto Market Analysis & Daily Market Reviews
News block 1. BlackRock's IBIT capitalization exceeded $2 billion BlackRock's spot bitcoin ETF reached $2 billion in assets under management on January 26, just two weeks after it debuted on Nasdaq. This means that iShares...
Crypto Market Analysis & Daily Market Reviews
News block 1. Global Supervision of Cryptocurrency The Financial Stability Board (FSB) — an international organization established by the G20 in London in April 2009 — has published its work plan for the current year. The plan...
Crypto Market Analysis & Daily Market Reviews
News block 1. Retail Investors See Further Decline in BTC Deutsche Bank Research surveyed 2,000 people in the US, UK and EU about their views on the price of BTC. More than a third of respondents believe that bitcoin will fall below...
Crypto Market Analysis & Daily Market Reviews
News block 1. Mt.Gox is preparing to start paying BTC Currently, the sale of Grayscale Bitcoin Trust (GBTC) assets is putting pressure on the value of the first cryptocurrency. At the same time, the cryptocurrency media is now...
Crypto Market Analysis & Daily Market Reviews
News block 1. Bitcoin ETF: "bad" seventh day of trading Yesterday was the seventh day of trading of spot bitcoin ETFs in the United States and according to new Bloomberg data, the net outflow of funds that day amounted to $76...
Crypto Market Analysis & Daily Market Reviews
News block 1. Bitcoin ETF: the current situation Fidelity's FBTC spot exchange-traded fund became the second fund after BlackRock's IBIT to receive an inflow of more than $1 billion in the first 5 trading days: Bitwise is...
Crypto Market Analysis & Daily Market Reviews
News block 1. Tether continues to accumulate BTC Stablecoin issuer Tether acquired an additional 8888 BTC worth $380 million in the fourth quarter of 2023. Now the total amount of BTC on the company's balance sheet is 66,465 coins...
Crypto Market Analysis & Daily Market Reviews
News block 1. Bitcoin ETF from BlackRock is gaining momentum According to Bloomberg Intelligence, the net inflow of funds into the spot bitcoin ETF from BlackRock in the first three trading days amounted to $710 million. Fidelity...
Crypto Market Analysis & Daily Market Reviews
News block 1. USA: legislation on stablecoins Circle CEO Jeremy Aller is confident that in 2024 the United States will adopt the long-awaited stablecoin law: "I think there is a very good chance to see this law passed this year,"...
Crypto Market Analysis & Daily Market Reviews
News block 1. Fidelity: Digital Assets Report In its report on digital assets published on January 13, Fidelity says that American corporations will now be "more comfortable with the idea of placing digital assets on their balance...
Crypto Market Analysis & Daily Market Reviews
News block 1. Bitcoin ETF: results of the first trading sessions According to Bloomberg, during the first two trading sessions, the inflow of funds into bitcoin ETFs amounted to $1.4 billion. During the same period, the outflow...
Crypto Market Analysis & Daily Market Reviews
News block 1. Bitcoin ETF: the first day of trading Yesterday, shares of spot bitcoin ETFs began trading on three major US exchanges — NYSE Arca, Nasdaq and Cboe. Yahoo Finance data shows that during the first trading day, the...
Crypto Market Analysis & Daily Market Reviews
[caption id="attachment_71054" align="aligncenter" width="666"] SEC document approving the spot Bitcoin ETF[/caption] News block 1. Bitcoin ETF: Official APPROVAL! The U.S. Securities and Exchange Commission (SEC) has officially...
Crypto Market Analysis & Daily Market Reviews
News block 1. Bitcoin ETF: a National Emergency Today, January 10, the deadline for the SEC to make a decision on the application for the spot bitcoin ETF from Ark Invest and 21 Shares. This application was submitted earlier than the...
