ARK Buys $15.9M Worth of Its Own Bitcoin ETF
ARK sold a similar amount – $15.8 million – worth of shares in the ProShares Bitcoin Strategy ETF (BITO), the first ETF linked to the bitcoin futures market to list in the U.S.
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Bitcoin’s ‘De-Dollarization’ Narrative Loses Ground As USD Tightens Its Grip on International Transactions
The crypto market’s de-dollarization expectations look premature as the greenback remained the preferred currency in international transactions in 2023, veri show.
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Indonesian Crypto Exchanges Blame Dramatic Drop in Trading Volumes Partly on High Taxes
Indonesian crypto exchanges saw a 60% drop in trading volumes in 2023, challenging its reputation as a fast adopter of digital assets.
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Fidelity’s Jurrien Timmer Says Bitcoin to Consolidate Recent Gains Amid ETF Hangover
Some have forecasted sharp declines in bitcoin’s price as traders ‘sell the news’ post-ETF approval, but Fidelity’s Director of Küresel Macro disagrees.
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Ethereum’s Dencun Upgrade Goes Live, But Fails to Finalize on Testnet
Developers said the missed finalization was likely due to an expected lack of participation and older network validators.
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Bitcoin Sees Its First Ever Weekly ‘Golden Cross’
The 50-week simple moving average (SMA) of bitcoin’s price has crossed above the 200-week SMA for the first time on record.
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Socket, Bungee Restart Operations After Apparent $3.3M Exploit
The platform experienced a security incident late Tuesday that affected wallets with infinite approvals to Socket contracts, developers said.
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Sam Bankman-Fried’s Parents Ask Court to Dismiss FTX’s Lawsuit Seeking to Recover Funds
Bankman and Fried, both professors at Stanford Law School, argued that Bankman did not have a fiduciary relationship with FTX .
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Chiliz, Klaytn Tokens Surge Over 10% on M&A Hopes, Bitcoin Listless
Klyatn and Finschia Foundation have proposed to merge the two blockchains to create a Web3 powerhouse in Asia.
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Bitcoin Miner Core Scientific to Emerge From Bankruptcy, Re-List Shares This Month
The company expects to see nearly $600 million in revenue this year.