ARK Invest Says Optimal Bitcoin Portfolio Allocation For 2023 Was 19.4%
The optimum allocation is up from 0.5% in 2015 and 6.2% in 2022.
Financial
Bitcoin
Financial
How the Launch of Spot ETFs Could Dampen Bitcoin’s Volatility
The approval of a wave of bitcoin exchange-traded funds will lead to a more mature market structure, say Vivek Chauhan and David Lawant, of FalconX.
Financial
Global X Pulls Out of Spot Bitcoin ETF Application
The exchange-traded funds (ETFs) provider was not among the 11 spot bitcoin ETFs that received regulatory approval on January 11.
Financial
UK Police Seize Nearly $1.8B of Bitcoin From Investment Fraud in China: FT
A London court heard of the seizure Tuesday as part of the trial of Jian Wen, who is accused of laundering bitcoin on behalf of her former employer, Yadi Zhang, FT reported.
Financial
Bitcoin Price Nears $44K as ETFs See Net Inflows for First Time in a Week
The last previous net inflow day was January 22, when the spot products as a group added just over 1,200 bitcoin.
Financial
German Police Seize $2.1B Worth of Bitcoin in Piracy Sting
One of the suspects voluntarily transferred the bitcoin to the Federal Criminal Police Office.
Financial
SOL, AVAX Lead Crypto-Market Recovery, Bitcoin Tops 50-Day Average Before Fed Meeting
Altcoins’ consistent positive performance over the past six days is boosting optimism and setting up bitcoin to test $46,000, one analyst said.
Financial
Bitcoin ETF has Broken BTC’s Pandemic-Era Price Correlation With Luxury Watches
Crypto prices have decoupled from prices for luxury watches, ending a prolonged positive correlation caused by unprecedented monetary stimulus.
Financial
Taproot Wizards Debut Sale of Bitcoin NFTs ‘Quantum Cats’ Marred by Tech Issues
The collection was on sale for 0.1 BTC ($4,300) each, meaning upwards of 300 BTC ($13 million) could have been raised if the full series of 3,000 had been placed.
Financial
Crypto Funds Saw $500M in Outflows Last Week as GBTC Bleed Outweighed Rivals’ Gains: CoinShares
While the exit of money from Grayscale has slowed, so too has the rush of new money headed into the other bitcoin ETFs.