Bitcoin Spot ETFs net $11M inflow, despite GBTC loss

Venture capital firm Grayscale Investments banked a stellar 2019 to surpass the $1 billion mark in total investments. By the numbersIn a comprehensive eighteen-page report, the firm touted a record Q4 in 2019. It raised $225.5 million into its investment products, lifting the year’s inflow to $607.7 million after back-to-back quarterlies over $225 million, possibly signaling…

Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.Top Stories This WeekCrypto exchange Upbit confirms theft of 342,000 ETHAnother week, another hack —…

Zuckerberg and Ek’s concerns highlight the need for balanced regulation of emerging technologies.

CME customers would rather trade cash-backed Bitcoin products at present. 863 Total views 32 Total shares Chicago Mercantile Exchange's, or CME, global head of equity index and alternative investment products, Tim McCourt, said traders prefer cash-settled Bitcoin trading over products backed by physical Bitcoin (BTC). "So far, clients have expressed a clear preference and priority for…

Regulators in South Korea have issued a new report that offers a bevy of recommendations for how to properly govern the country’s crypto industry. 357 Total views 30 Total shares A report commissioned by South Korea’s federal government recommends the domestic crypto industry adopt a licensing system for exchanges and token issuers as a way…

Old whales may have offloaded last year, but demand for BTC shows no sign of disappearing, the latest data reveals. 1259 Total views 6 Total shares Bitcoin (BTC) is being aggressively bought up at prices near $30,000 as bidders begin to soak up liquidity from short-term sellers.Data from on-chain monitoring resource CryptoQuant shows that as…

Bitcoin (BTC) bulls have good reason to celebrate the 22% gain in the past week. The price is pushing toward $46,000 and to the surprise of many, the $43,000 level held steady despite the volatility caused by the United States inflation data released on Feb.10.There have been mixed feelings on the macroeconomic side. For example,…

A pair of OpenSea users claim the NFTs they bought on the platform “are worthless” because they the tokens are unregistered securities.

Goldman Sachs Chief Financial Officer (CFO) Martin Chavez said that recent reports about the company abandoning its plans to open a cryptocurrency trading desk are “fake news,” CNBC reported September 6.At the TechCrunch Disrupt Conference in San Francisco, Chavez reportedly said that reports about the company’s intentions for a crypto trading desk were unfounded:"I never…