Arnold Potts 
BlackRock’s IBIT and ProShares’ BITO have made history by becoming the first bitcoin exchange-traded funds (ETFs) to surpass the daily trading volume of Grayscale’s GBTC. On Thursday, IBIT recorded $306 million in trades, while BITO traded $298 million. In comparison, GBTC saw …
Bitcoin maintained its position above $43,000 during the European morning on Friday, with gains of around 2% in the last 24 hours. The 20 Index, which tracks the performance of the top digital assets, rose over 3.2%, led by Chainlink’s LINK. LINK …
Labor market strength continued to surge in January, as the United States added a staggering 353,000 jobs, surpassing economist forecasts of 180,000. This impressive figure follows December’s revised number of 333,000 jobs, which was initially reported as 216,000. The government’s nonfarm payrolls …
Avantis, a perpetual swaps exchange, has recently opened for trading on the Base mainnet, offering a new approach to balancing crypto futures markets. The platform aims to attract retail traders by providing a unique trading experience. Base, a layer 2 solution backed …
finance and empower individuals with true financial ownership and sovereignty. In recent weeks, newly approved U.S. Bitcoin ETFs have experienced incredibly successful launches, as evidenced by their impressive trading volume and flow metrics. However, it is important to note that these ETFs …
The U.S. Department of Energy (DOE) has announced that it will be conducting a survey on the electricity usage of selected U.S.-based bitcoin miners over the next six months. The survey, conducted by the Energy Information Administration (EIA), aims to gather data …
to a specific group of investors, it can be difficult to verify ownership and transfer ownership rights. Tokenization solves this problem by representing ownership of real-world assets through digital tokens on a blockchain. However, despite the hype surrounding tokenization, there are several …
Financial markets may be overly optimistic about the timing and extent of interest rate cuts by the U.S. Federal Reserve (Fed) this year, according to JPMorgan Asset Management. Despite expectations of lower rates due to receding inflation and hints from the Fed …
Former U.K. Chancellor of the Exchequer, George Osborne, has joined cryptocurrency exchange Coinbase’s advisory council, marking the second former U.K. chancellor to join a crypto firm. Philip Hammond, Osborne’s immediate successor, had previously joined Copper as an advisor in October 2021 and …
Bitcoin (BTC) experienced a slight dip below $43,000 during the Asian session but has since been trading around the $42,500 level during the European morning. As of writing, BTC is valued at approximately $42,580, marking a 2.25% decrease in the last 24 …