9 Bitcoin ETFs surpass Grayscale’s sell-off, amassing 208,878 BTC worth $10 billion.

The nine recently formed exchange-traded funds (ETFs) have acquired 6,009.49 bitcoin, or over $288 million, since the end of the spot bitcoin ETF trading sessions on February 9, 2024. Grayscale’s Bitcoin Trust (GBTC), which developed into an exchange-traded vehicle that is publicly traded, has concurrently sold out roughly 2,252.2 bitcoin, or nearly $108 million. As … Read more

FTX to Sell Coinlist a $10 million subsidiary for $500k during bankruptcy proceedings

According to court filings dated February 9, 2024, FTX Trading Ltd. and its associates have declared their intention to sell Coinlist the subsidiary that they purchased for $10 million for $500,000. The most recent motion, which was submitted to the United States Bankruptcy Court for the District of Delaware, describes the planned sale in detail … Read more

DCI is no longer advantageous to the debtors’ company because they sold Ledgerx and it is doubtful that they will sell or relaunch FTX US.

According to court records filed on February 9, 2024, FTX Trading Ltd. and its affiliates have declared plans to sell a company it bought for $10 million to Coinlist for $500,000. The planned sale to optimize the estate’s worth for stakeholders and creditors is described in the most recent motion, which was submitted to the … Read more

Report: Bitcoin ETF Launches Recently, But Crypto Ads Avoid Super Bowl LVIII

After a flurry of bitcoin advertisements appeared to secure commercial slots for promotions before the 2022 Super Bowl, the next year saw none at all. According to a recent investigation on the topic, the tendency is expected to continue until 2024. The 58th Super Bowl will not include any new cryptocurrency company advertising, despite the … Read more

Market Predictions Based on Polygons Michelle Obama Challenging Trump and Biden and Rising to Third in 2024 Election Odds

When it came to the 2024 U.S. elections, former President Donald Trump led the field, closely followed by incumbent President Joe Biden and former U.S. Ambassador to the United Nations Nikki Haley. This information was investigated 24 days ago by Bitcoin.com News using Polymarket’s decentralized prediction market chances. The politics have changed dramatically since then, … Read more

Amidst Bullish Momentum, The Price Of Bitcoin Soars Beyond $48K And Approaches $1 Trillion In Market Cap.

The price of bitcoin reached all-time highs on Saturday, February 10, 2024, surpassing $48K, as of December 28, 2021. The top cryptocurrency on Sunday continued its strong upward trend, steadily rising past the recently set price threshold. The value of the cryptocurrency asset has increased by more than 2.6% in the last day and more … Read more

Community Treasury Gives $30 Million to Dydx Foundation to Advance Strategic Initiatives

The Dydx Foundation announced this week that the Dydx Chain Community Treasury had granted them a $30 million donation. This funding is intended to give the foundation an extra three years of operating capability, which will make it easier to carry out the project’s strategic plan. The Dydx Foundation for Improved Ecosystem Innovation Receives $30 … Read more

Craig Wright Defends Against Document Forgery in High-Profile Bitcoin Case

Craig Wright is still being accused in the legal dispute over who invented Bitcoin of forging documents to back up his claim to be Satoshi Nakamoto. But according to Wright, someone forged the documents to put him in a bad light. Craig Wright’s claim to be the founder of Bitcoin is clouded by allegations of … Read more

High-Risk Bitcoin Regime Signaled by Glassnode Study, Hinting to Early Stages of Bull Market

According to onchain monitoring company Glassnode, a significant change has taken place in the wake of the market’s recovery from the FTX collapse, placing bitcoin in a high-risk regime. In its most recent analysis, the business states that this regime usually denotes a turning point that frequently occurs before bull markets start, at which point … Read more