Key points The state of Wisconsin increased its IBIT shares by 447,651 as of June 30. SWIB sold all of its shares in GBTC, where it previously held 1,013,000 shares. Share this article The State of Wisconsin Investment Board (SWIB) added 447,651 shares of BlackRock’s iShares Bitcoin Trust (IBIT) to its investment portfolio, bringing total … Read more
As the market experiences its biggest decline of this cycle, investor sentiment in the digital asset market remains uncertain. Beneath the surface, however, Glassnode has found there are clear signs of a resurgence in HODLing and accumulation. Signs of accumulation from Glassnode analysis The response of on-chain investors to these volatile market conditions indicates a … Read more
Manufacturer Maker (MKR) is currently showing bullish movements with a 7% rally, which positions it for a critical resistance test at $2,662. This surge reflects a growing bullish sentiment as key technical indicators suggest that the cryptocurrency could be on the verge of a significant breakout. As the market turns green, expectations are for Maker … Read more
The cryptocurrency market is a landscape of ever-changing sentiments, where yesterday’s favorite can quickly fall out of favor and new opportunities emerge almost overnight. Ripple (XRP), once hailed as the savior of cross-border transactions, is facing skepticism among its investors despite its ambitious global aspirations. With Ripple’s latest developments, including the introduction of the RLUSD … Read more
Goldman Sachs has disclosed holdings of $418 million in spot Bitcoin exchange-traded funds (ETFs), indicating a growing institutional appetite for Bitcoin exposure. BREAKING NEWS: 🇺🇸 Goldman Sachs reports it has more than $400 million in spot portfolio #Bitcoin ETF in new SEC filing 👀 image.twitter.com/n4nWDfCm6w — Bitcoin Magazine (@BitcoinMagazine) August 14, 2024 In a quarterly … Read more
Navigating the complexities of futures trading in the cryptocurrency market requires a strategic approach backed by reliable tools and accurate data. He ‘Binance ‘Futures Calculator: Your Key to Success’ sheds light on how traders can leverage this essential tool to effectively optimize their trading decisions. By demystifying profit calculations, leverage assessments, and risk management strategies, … Read more
Consensys, a key player in Ethereum development, has appointed former Disney executive Dan Odell as its new CFO, signaling a strategic push towards growth and innovation. At the same time, TRON founder Justin Sun has carried out a number of major Ethereum transactions, involving decentralized financial platforms and exchanges. Consensys names former Disney exec Dan … Read more
Bybit has launched a new comprehensive cryptocurrency listing and delisting framework in a bid to enhance user protection. The exchange, which is the world’s second-largest by trading volume, announced the changes at a news conference on Aug. 13. statementIn the statement, Bybit said it now controls more than 20% of the spot market share and … Read more
Key points Coinbase’s potential cbBTC product follows closely on the heels of controversial changes to BitGo’s WBTC governance. Wrapped Bitcoin tokens allow Bitcoin to be used on non-Bitcoin blockchains, primarily Ethereum. Share this article Coinbase has hinted at the possible launch of a new product called “cbBTC,” sparking speculation that the US-based cryptocurrency exchange could … Read more
Decentralized exchanges are undervalued and gaining ground, with volumes reaching all-time highs. These are the findings of Messari researcher Kunal Goel, who said that centralized exchanges (CEXs) are listing tokens too late in a post on X on August 13. He added that they are becoming a “dumping ground for VCs,” and retail will sooner … Read more
