KEY POINTS Back noted that auto-rebalancing only puts the ETF in the face of higher risks in a volatile market MicroStrategy’s valuation is largely tied to its Bitcoin strategy that landed it a 214K BTC stash Kerrisdale Capital said late last month it was short on MSTR due to its potential overpricing Michael Saylor’s MicroStrategy … Read more
KEY POINTS The coalition has set up a website where crypto enthusiasts can learn more about the movement A Bitcoin emoji should help drive financial literacy, the coalition said Polygon, Chainalysis and CryptoQuant are among the initiative’s supporters A group of over 20 major cryptocurrency organizations have launched a “historic” campaign to push for an … Read more
Bitcoin has been boosted by a flood of cash into new spot bitcoin exchange-traded funds as well as hopes that the Federal Reserve will soon cut interest rates. Bitcoin rises by as much as 4.8 per cent to a record $71,677 in European trading, bringing gains for the year so far to 70 per cent … Read more
In February 2024, Bitcoin has posted the biggest monthly gain since December 2020. In the last 24 hours, unprecedented volumes were seen in Bitcoin spot ETFs with a total of $7.5 billion being traded Continuing its winning streak on Thursday, Bitcoin in February 2024 posted its biggest monthly gain in more than three years and … Read more
BlackRock Inc, Ark and several other prospective issuers of exchange-traded funds investing directly in Bitcoin in the US filed amended forms for their applications on Monday with the Securities and Exchange Commission. Fidelity, Invesco and Galaxy Digital and WisdomTree were among other firms that filed amended S-1 applications with the SEC. The regulator has until … Read more
