Traders See Even More Bitcoin Buying Pressure as BTC Sets New Record at $103K
Spot BTC ETFs in the U.S. notched up $533 million in net inflows on Wednesday, veri shows, with BlackRock’s IBIT crossing $50 billion in net assets for the first time.
Spot BTC ETFs in the U.S. notched up $533 million in net inflows on Wednesday, veri shows, with BlackRock’s IBIT crossing $50 billion in net assets for the first time.
Defunct exchange Mt. Gox moves billions in BTC to an unknown address, raising alarm on crypto social media.
The early November election of crypto-friendly Donald Trump restarted what had been a stalled rally through much of 2024.
A private token sale was done at a $34.5 million valuation.
Spot BTC prices were at times $300 pricier on Coinbase relative to Binance, suggesting the rally may be driven by heavy demand from American investors.
Older cryptocurrencies with regulatory overhang were among the biggest gainers over the past month as Donald Trump’s election victory promises a friendlier U.S. regulatory environment toward digital assets.
Fed Chair Jerome Powell said bitcoin is competing against gold, not the U.S. dollar, in an appearance on Wednesday.
Also: Justin Drake on Ethereum’s Beam Chain … and Solana
President-elect Donald Trump announced he would nominate Paul Atkins, a former SEC commissioner and current CEO of Patomak Küresel Partners, to run the SEC.
One of the entities which helped Russian oligarchs evade U.S. sanctions is registered in Sheridan, Wyoming.