CryptoQuant veri shows that miners are moving bitcoin to exchanges, likely because of a need to build more liquidity in anticipation of higher capital expenditures.
CoinShares said the decision is a direct result of the SEC’s approval of the listing of a spot bitcoin ETF.
The issue apparently resulted from a fault in the interaction between Telcoin’s digital wallet and a proxy contract that incorrectly performed certain storage functions.
Bitcoin’s experience cautions traders against betting bullish on volatility on the day of the ETF approval.
Further review and consideration regarding crypto ETFs is planned, the regulator says.
Bitcoin ETFs clocked up some $4.6 billion in volumes on their first day, but market volatility hit futures speculators as prices whipsawed.
The former CEO of Terra is being held in Montenegro after being caught in Podgorica’s airport with falsified documents.
The Zürich-based banking giant’s decision contrasts with Vanguard’s decision to bar customers from buying bitcoin ETFs.
“All it was doing was generating noise,” the Bitcoin Core maintainer Ava Chow says of Luke Dashjr’s pull request, which would have severely curtailed the use of Ordinals inscriptions, sometimes known as “NFTs on Bitcoin.”
An attempt to purchase BlackRock’s iShares Bitcoin Trust (IBIT) and the Grayscale Bitcoin Trust (GBTC) through Vanguard failed.
