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SEC Reviews Proposal for New Bitcoin, Ether ETF Custodians

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The U.S. Securities and Exchange Commission (SEC) is seeking public input on a proposal by Cboe BZX Exchange to add new custodians for bitcoin and ethereum exchange-traded funds (ETFs). The plan aims to enhance security by adding Anchorage Digital Bank and Bitgo alongside Coinbase as custodians for bitcoin and ether holdings. SEC Reviews Proposal for … Read more

Bitcoin Rockets to $63.8K: $6.36B in BTC Pulled From Exchanges in 30 Days

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On Thursday, bitcoin (BTC) soared to a peak of $63,882, marking a 7.8% increase against the U.S. dollar over the past month. During this same period, approximately $6.36 billion worth of BTC was pulled from crypto exchanges, hitting levels not seen since early November 2018. More Than 100,000 Bitcoin Removed From Digital Currency Trading Platforms … Read more

Digital Asset Inflows Surge While Ethereum Faces Bearish Pressure

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According to CoinShares, digital asset investment products saw a notable $436 million in inflows last week, with Bitcoin dominating the field, attracting the entire $436 million. On the other hand, Ethereum experienced $19 million in outflows, highlighting growing bearish sentiment around the asset. Blockchain stocks also showed strength, receiving $105 million in inflows. According to … Read more

Bitcoin And Ethereum Mining Wallets See Declining Supply, While ETH Flows To Exchanges Surge

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Since the first half of 2024, Bitcoin and Ethereum mining wallets have experienced a steady decline in their held supply, signaling a period of caution among miners. However, the latest mild rebound in the market may suggest a reversal of this trend. A significant increase in the combined supplies held by mining wallets could be … Read more