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🔹Latest Crypto News, Updates, Analysis and Deeper Insights in the whole Crypto space. 🔹No subscription fee🔊 @CryptoWorldNews @CryptoWorldICOs @CryptoWorldAnalysis Admin of the Channel: @AdamCWN ✔️
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💰 New Bitcoin ETFs did in 3 days what Gold took 36 days to achieve with $1.8 billion in assets
One of the most common comparisons we’ve seen concerning the launch of spot Bitcoin ETFs in the United States is the one with the launch of the first gold ETF (GLD) in 2004. Interestingly, comparing the two asset classes’ premieres through their daily attestations reveals some illuminating data.
Source
@CryptoWorldNews
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💰 Bitcoin Hits Peak Interest on Google Trends Following SEC's ETF Approvals
In the week spanning Jan. 7th to the 13th, 2024, Google Trends revealed a peak interest score of 100 for the search term bitcoin. A closer examination of Google Trends over the past three months highlights that this interest surged to its apex on Jan. 11. This was the day after the U.S. Securities and Exchange Commission (SEC) sanctioned 11 spot bitcoin exchange-traded funds (ETFs).
Source
@CryptoWorldNews
🇰🇷 South Korea's Crypto Volumes Peak in 2024 as Upbit and Bithumb Dominate Local Market
In the last 100 days, South Korea’s crypto trading activity has experienced a significant upswing. The country’s leading crypto exchanges, Upbit and Bithumb, recorded their highest trading volumes in the initial week of January 2024.
Source
@CryptoWorldNews
📊 AI has captivated the world. New IMF research shows it will affect almost 40% of jobs around the world, replacing some & complementing others.
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💰 Vanguard ceases support for Bitcoin futures ETF purchase
Vanguard, one of the world’s largest asset managers, continues to maintain its anti-Bitcoin sentiment, with the company recently stating that it would stop the purchase of Bitcoin futures exchange-traded funds (ETFs) on its platform.
Source
@CryptoWorldNews
🥇 Bitcoin Hashrate Hits New All-Time High Amid Spot ETF Frenzy
Bitcoin’s hash rate, that is the network’s computing power, recently reached a new all-time high amidst the frenzy that came with the debut of spot Bitcoin ETFs in the US. According to data from IntoTheBlock, the Bitcoin hashrate reached an all-time high of 630.91 million TH/s or 630 EH/s on January 11, less than 24 hours after the U.S. Securities and Exchange Commission approved 11 Spot Bitcoin ETFs in the country.
Source
@CryptoWorldNews
🪙 SEC unlikely to approve spot Ethereum ETFs 'any time soon,' says TD Cowen
The U.S. Securities and Exchange Commission is not expected to approve spot Ethereum exchange-traded funds in the near future, according to the investment bank TD Cowen.
Source
@CryptoWorldNews
🚨JUST IN: 🥇 Bitcoin Price to Hit $150K in Just One Year, Expected to Reach $500K in Five Years, Says Fundstrat’s Tom Lee.
Source
🤝 @Cryptocurrency_Inside ✅
🇺🇸 SEC Chair Gary Gensler says Bitcoin 💰 is a "highly speculative, volatile asset" used for "money laundering and ransomware" 😱
@CryptoWorldNews
📊 💰 Ethereum just hits $2700
@CryptoMagazine ✅
💰 JPMorgan says spot bitcoin ETFs could see up to $36 billion of inflows in rotational capital
Spot bitcoin exchange-traded funds, which began trading in the U.S. today, are not anticipated to draw in a significant amount of fresh capital; instead, they may experience a shift of up to $36 billion in inflows from existing crypto instruments, according to JPMorgan.
Source
@CryptoWorldNews
🇺🇸 Gary Gensler: 'While we approved the listing and trading of certain spot BitcoinETF shares today, we did not approve or endorse Bitcoin.'
Source
@CryptoWorldNews
🇮🇳 Indian Crypto Community Awaits Budget 2024 with Hopes for Tax Reforms
India prepares to unveil its Union Budget for 2024 on February 1. Meanwhile, the domestic cryptocurrency sector is holding its breath for a significant tax cut.Rajagopal Menon of WazirX has expressed the community’s hopes to CoinGape, advocating for a substantial decrease in the Tax Deducted at Source (TDS).
Source
@CryptoWorldNews
🥇 Bitcoin Miner Core Scientific Set to Emerge From Bankruptcy
Core Scientific, Inc., a major bitcoin miner, is about to emerge from Chapter 11 bankruptcy. In a press release on their website, Core Scientific announced that the Southern District of Texas bankruptcy court has green-lighted its reorganization plans, setting the stage for the company to relist its shares on Nasdaq by the month’s end.
Source
@CryptoWorldNews
Shiba Inu Burn Rate Rockets 1600% As Community Burns 89 Mln SHIB https://coingape.com/shiba-inu-burn-rate-rockets-1600-as-community-burns-89-mln-shib/?utm_source=Telegram&utm_medium=Adam
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💰 $9.6 Billion in 3 Days — ETF Analyst Highlights Remarkable Early Success of Bitcoin ETFs
On Tuesday, the third day of trading for the U.S.-based spot bitcoin exchange-traded fund (ETF), there was a noticeable decrease in activity with trading volumes falling by 37% from the levels seen on Jan. 12, 2024. The day concluded with most funds slightly over 1% lower against the U.S. dollar, with Grayscale’s GBTC capturing the lion’s share of the trading volume.
Source
@CryptoWorldNews
💰 Coinbase Prime hot wallet leads weekly Bitcoin trading with $11.4 billion volume
Coinbase Prime, the crypto platform explicitly designed for institutional investors, trusts, and high-net-worth individuals, has seen a dramatic increase in trading activity following the U.S. spot Bitcoin ETFs launch.
Source
@CryptoWorldNews
💰 Bitcoin rent agreement: Landlord and tenant sign BTC contract
In Rosario, the third most populated city in Argentina, a local landlord and a tenant have sealed a rental agreement where the latter will pay monthly rent in Bitcoin. According to a report in the local newspaper Paginal 12 from Jan. 11, the contract is the first of its kind in Argentina, made possible by recent law amendments by the new presidential administration.
Source
@CryptoWorldNews
Will 🥇 Bitcoin be a topic of discussion at this week's World Economic Forum Annual Meeting in 🇨🇭 Davos? 🔎
@CryptoWorldNews
In 2021, SOL pumped 10,000%
In 2022, KAS pumped 5,000%
In 2023, INJ pumped 4,000%
Which altcoin will be the top gainer
in 2024?
@CryptoWorldNews
🇺🇸 US Lawmaker Expects Donald Trump to Become 'a Lot More' Crypto Friendly in Second Term as President
U.S. Representative Tom Emmer expects former U.S. President Donald Trump to become “a lot more” friendly toward cryptocurrency if he returns to the White House.
Source
@CryptoWorldNews
Grayscale Moves 21.4K Bitcoin Worth Over $900 Mln Amid Spot Bitcoin ETF Hype https://coingape.com/grayscale-moves-21-4k-bitcoin-worth-over-900-mln-amid-spot-bitcoin-etf-hype/?utm_source=Telegram&utm_medium=Adam
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🥇 Cathie Wood: Only 3-4 Bitcoin ETFs to Survive Long-Term
Cathie Wood of Ark Invest forecasts a significant reduction in the number of Bitcoin ETFs, predicting only 3-4 will survive long-term.
Source
@CryptoWorldNews
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JUST IN: BlackRock CEO Larry Fink says Bitcoin is "no different" than gold and an asset that protects you.
🤝 @Cryptocurrency_Inside ✅
💰 Elon Musk Says Open To The Idea Of Using Bitcoin -Source
@CryptoWorldNews
JUST IN: 💰 Cboe files request for acceleration with the SEC for Fidelity, VanEck, ARK 21Shares, and Franklin Templeton spot Bitcoin ETFs
@CryptoWorldNews