Entities providing tokenization tech have a limited track record and may contribute to increased risk, a new report by analysts at the credit-rating agency says.
Bitcoin’s Technicals Suggests Deeper Pullback to $38K: Analyst
Bitcoin’s RSI divergence signals correction, 10x Research said.
BTC Tumbles Below $44K, Bitcoin Miners Drop 10% Boosting ETF ‘Sell the News’ Calls
Bitcoin [BTC] dropped to near $43,000 Friday, a fall of 6% in day-over-day trading, while some bitcoin mining stocks tumbled over 10% extending yesterday’s decline after Thursday’s highly-anticipated spot bitcoin ETF debut.
Bitwise, Fidelity, BlackRock See Biggest Bitcoin ETF Inflow in Preliminary Tally
Data about inflows is still incomplete and market watchers might have to wait until Friday evening for the full picture, Bloomberg analyst Eric Balchunas pointed out.
First Mover Americas: Franklin Templeton’s Bitcoin ETF Becomes the Cheapest
The latest price moves in bitcoin [BTC] and crypto markets in context for Jan. 12, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
BlackRock CEO Larry Fink Backs Ether ETF
“I see value in having an Ethereum ETF,” Fink said in an interview with CNBC on Friday.
Franklin Templeton’s Bitcoin ETF Now the Cheapest After 10 Basis Point Reduction
After initially revealing their fees on Monday, several providers then reduced them spying the impending battle for market share that would ensue once the funds were approved.
Bitcoin ETF Debut Serves as a Lesson for Ether ETF Speculators
Several firms have filed applications for spot ether ETFs, including BlackRock.
Bitcoin’s Wall Street Debut Ends in Tears for Futures Traders, Leads to $83M Liquidations
Bitcoin ETFs clocked up some $4.6 billion in volumes on their first day, but market volatility hit futures speculators as prices whipsawed.
Cathie Wood Sees Bitcoin Price Reaching $1.5M By 2030 After ETF Approval
ARK Invest’s CEO previously predicted the price to reach $1 million by 2030.
Bitcoin ETFs Too Small to Affect Broader Investment Landscape, Moody’s Analysts Say
The exchange-traded funds will allow better access to bitcoin through regulated entities and draw institutional investors, but the crypto is still a very small asset class, CoinDesk was told.
Bitcoin Briefly Tops $49K Before Selling Off as ETF Trading Frenzy Commences
Bitcoin hit its highest price in more than two years Thursday before it fell back to $46,000 as the highly anticipated spot bitcoin ETF debut unleashed volatility.
Coinbase Will Benefit From Spot Bitcoin ETF Approval: Wedbush
The crypto exchange has a dominant role in all but one of the approved ETFs, acting as an issuer or custodian, the report said.
Grayscale’s GBTC Discount Closes to Zero for First Time Since February 2021
Grayscale received the regulatory green light to convert its flagship product into an ETF on Wednesday.
Bitcoin ETF Approval Is Historic Moment for BTC, Miners: Analysts
Mining stocks represent an attractive opportunity for investors looking to gain access to the long-term bitcoin adoption trade, the analysts wrote.
Grayscale, BlackRock Are Volume Leaders as Bitcoin ETFs Debut
Here’s a ranking of the 11 newly trading bitcoin ETFs, in terms of first-day trading volume.
Bitcoin Miners May Be Due a Breather After Spot ETF Approval, JPMorgan Says
The total market cap of the listed miners in the bank’s coverage has increased 131% since the end of September.
First Mover Americas: Grayscale’s Is the First ETF to Begin Trading
The latest price moves in bitcoin [BTC] and crypto markets in context for Jan. 11, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Ether ETF Hopes Drive Smart Money Bets After Historic Bitcoin ETF Approval
Bets on Ethereum tokens may spark a reversal of fortunes for ETH investors, especially as the token underperformed bitcoin in 2023.
Grayscale Claims Bragging Rights for First Spot Bitcoin ETF to Begin Trading
Grayscale’s conversion of its $27 billion bitcoin trust into an ETF was finally approved by the Securities and Exchange Commission (SEC) on Wednesday.