US-based Bitcoin ETFs see robust capital inflows of $257.3 million, signaling renewed investor interest. Notable providers like Grayscale and BlackRock report positive inflows, reflecting a bullish sentiment. Debates on transparency and market manipulation resurface amidst BTC's stability at $66,109.
Xu LinCryptocurrency market bounce aligns with stablecoin market cap growth, signaling increased industry inflows. Recent plateau suggests stagnant sentiment. Future stablecoin trends may offer insights into broader market direction.
Huang BoBitcoin remains stable above $66,000, with significant whale accumulation indicating bullish sentiment. Large investors acquire over 3400 BTC, fueling anticipation of a price rally. Market sentiment suggests increased demand from whales may drive upward movement. Despite subdued trading, the positive trend in the U.S. Spot Bitcoin ETF boosts investor confidence.
EdmundBitcoin surged to $66,000 but faces potential correction with 18,000 options expiring today. Max Pain at $63,000 suggests price pressure. Despite softer CPI data, demand for short-term downside protection remains. Long-term outlook optimistic, with growing institutional involvement, especially with CME Group's Bitcoin spot trading introduction.
Xu Lin600 companies invest $3.5 billion in spot Bitcoin ETFs via SEC filings. Major players include Morgan Stanley and Millennium Management. Despite recent decreases in inflows, demand remains strong among financial institutions.
Huang BoBitcoin's correlation with US stocks rises, indicating market shift. Despite economic uncertainties, Bitcoin rebounds, outpacing S&P 500. ETF inflows signal investor interest. Whale activity decline noted, but could signal bullish trend if reversed.
EdmundOn May 15, US spot bitcoin ETFs saw robust performance, accruing $303 million in gains over three days. Blackrock's IBIT observed zero inflows, while Grayscale's GBTC recorded $27 million inflows. FBTC led with $131 million inflows, emphasizing a competitive landscape among ETFs.
Xu LinWhale loses 1,155 BTC ($71M) in sophisticated hack, highlighting crypto security risks. Hacker exploits phishing tactic, underscores importance of offline key generation, hardware wallets, and cautious transaction practices. Tips include verifying addresses, conducting test transfers, and exploring multi-signature methods for added security.
Huang BoToncoin [TON] emerges as strong competitor to Bitcoin [BTC] in Layer 1 Network. Toncoin outperforms BTC with 160% gain, higher active addresses. Despite surge, trader sentiment sours, contrasting Bitcoin's positive sentiment.
EdmundBracebridge Capital invests $363 million in Bitcoin ETFs, joining institutional trend. Wisconsin becomes first local government to disclose Bitcoin investment. Major institutions like JPMorgan, Wells Fargo, BNP Paribas, and BNY Mellon also enter crypto space.
Xu LinSingapore's Monetary Authority rejects spot Bitcoin ETFs for retail investors, citing risks in cryptocurrency trading. In contrast, the US embraces these ETFs, marking a significant development. The global regulatory landscape varies, highlighting evolving perspectives on cryptocurrency investments.
Cheng YuanSpot Bitcoin ETF was officially launched in the United States recently, attracting great attention from the market. The Monetary Authority of Singapore does not allow such financial products to be listed in Singapore and for retail investors because cryptocurrencies such as Bitcoin are not listed as eligible assets for ETFs.
JinseFinanceThe Traders Fair and Blockchain Festival by FINEXPO on March 2nd, 2024, at Marina Bay Sands will gather global finance and blockchain figures for discussions and networking, catering to over 5,000 attendees. Open to both seasoned professionals and newcomers, the event explores the future of finance.
JoyMAS provided the exchange with initial in-principal approval in October 2023, and Upbit has been actively engaged in Singapore since 2018.
AlexSouth Korean crypto exchange Upbit granted initial licence approval from the MAS for a major payment institution licence under the Payment Services Act.
CatherineThis pioneering initiative merges the beloved McDonaldland character's timeless appeal with the contemporary realm of NFTs and digital collectibles, granting fans a chance to own a part of McDonald's heritage.
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Coinlive The seventh edition of the Singapore FinTech Festival (SFF) kicks off today as an in-person event from 31 October to 4 November.
Monetary Authority of SingaporeFind out what highlights the summit entails.
MetaExpoCrypto Accept allows online sellers to accept BTC and ETH before expanding to other digital assets next year.
Cointelegraph