Bitcoin falls 9%, dropping below $42K amidst concerns about GBTC flows
Bitcoin falls 9%, dropping below $42K amidst concerns about GBTC flowsPrices fell significantly on Friday despite general optimism around Bitcoin ETFs.Happy Saturday!The global crypto market cap is $1.68 trillion, with a 24-hour volume of $78.46 billion. The price of Bitcoin is $42,862.98, and BTC market dominance is 49.9%. The price of Ethereum is $2,558.22, and ETH market dominance is 18.3%. The best-performing sector is Gambling, which gained 7%. The Crypto Fear & Greed Index is currently Greed (64). Top NewsBitcoin falls 9%, dropping below $42K amidst concerns about GBTC flowsPrices fell significantly on Friday despite general optimism around Bitcoin ETFs. Gensler calls Bitcoin ETFs ‘ironic’ due to their centralized nature, responds to WarrenSEC Chair Gary Gensler emphasizes respect for legal rulings in approving Bitcoin ETFs, despite calling their centralized nature ironic. Jim Cramer calls “major top” for Bitcoin a week after praising its growthHis tweet, discussing insights from trader Larry Williams, marked a departure from his earlier bullish comments on Bitcoin. More NewsU.S. lawmakers demand investigation into SEC’s security practices following breachThe SEC's X account was hacked on Jan. 9 to post a fake ETF approval notice. Indians are turning to local exchanges amid clampdown on foreign platformsIndia has now banned foreign exchanges from operating in the country by blocking access to their websites and new application downloads. Genesis forfeits BitLicense, pays $8 million to settle NYDFS lawsuitThe NYDFS investigation into Genesis found major deficiencies in its compliance with financial regulations related to illicit financial activity. |
Older messages
Grayscale transfers $200M Bitcoin to Coinbase Prime hinting at possible ETF redemption activity
Friday, January 12, 2024
Bitcoin ETFs see $720M inflow as Grayscale adjusts holdings with Coinbase transfer.
Bitcoin sheds $50 billion in market capitalization after fake SEC ETF approval rattles market
Friday, January 12, 2024
Traders speculating on digital asset prices lost nearly $220 million during the past day.
Dissenting SEC commissioner says agency approved spot Bitcoin ETPs, not ETFs
Friday, January 12, 2024
SEC commissioner clarifies recently approved Bitcoin products are ETPs, not ETFs, amid potential investor confusion.
SEC lists eight updated 19b-4 filings as spot Bitcoin ETF process nears deadline
Tuesday, January 9, 2024
SEC updates filing notices for eight aspiring spot Bitcoin ETFs, addressing market size and manipulation concerns.
Blackrock to charge 0.2% for first $5B, Ark to waive fee for for first $1B in assets into ETF
Monday, January 8, 2024
Blackrock, Ark, WisdomTree, Invesco all submit new spot Bitcoin ETF filings within minutes
You Might Also Like
Growth Through Participative Ideation | BanklessDAO Weekly Rollup
Saturday, September 7, 2024
Catch Up With What Happened This Week in BanklessDAO ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Bitcoin falls below $54k as market sees volatility following jobs data
Saturday, September 7, 2024
Bitcoin fell below $54000 as uncertainty over potential rate cuts led to heightened market turbulence. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
The fastest growing DePIN project 🔥
Saturday, September 7, 2024
How to get a free unlimited phone plan 📲
Weekly Project Updates: EIGEN Announces Second Season Airdrop, Ethena Concludes Second Airdrop, Matter Labs to Lay…
Saturday, September 7, 2024
The Eigen Foundation has announced the launch of the EIGEN Season 2 Stakedrop airdrop. For the second season, approximately 70 million EIGEN (around 4.2% FDV) will be allocated to stakers and operators
Curling at Futurist; Living on Litecoin; Flexa SDK launch
Friday, September 6, 2024
Ampera at the Blockchain Futurist Conference 🥌 ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
🥛 Will the Fed stick the soft landing? 🛬
Friday, September 6, 2024
PLUS: Crypto's top earners of 2024 (so far) 💰
Russia mined over $3 billion in Bitcoin last year, boosting tax revenue amid sanctions
Friday, September 6, 2024
Chainalysis warned that Russia could leverage local exchanges like Garantex for tax evasion efforts. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
NFT & Blockchain Gaming Weekly - 🐱 CryptoKitties resurges as its ‘Egg’ NFTs soar by over 40x; BAYC announces a pa…
Friday, September 6, 2024
CryptoKitties resurges as its 'Egg' NFTs soar by over 40x. BAYC announces partnership with BMW and releases a mini-game. Mysten Labs launches gaming device SuiPlay0X1, integrating the Sui
WuBlockchain Weekly: Japan May Continue Rate Hikes, 96% of NFTs Approaching 'Death', CZ Banned for Life from Manag…
Friday, September 6, 2024
The US reported an increase of 99000 jobs in August according to the ADP employment data, marking the smallest growth since January 2021, falling short of the expected 145000. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
🥛 Waddup, fat app! 🍔
Thursday, September 5, 2024
We need a wellness check on the crypto ETFs, stat!