The dams are open: Spot Bitcoin ETFs harness $20B after 4th consecutive day of inflows

October 17, 2024
The Last Cryptocurency
Cointelegraph Feed
Cointelegraph Feed

Spot Bitcoin ETFs have had four consecutive days of inflows, resulting in over $20 billion in cumulative flows since their launch in January.

House Representative Suzan DelBene, introducing the latest iteration of the bill, said the United States needs to "ensure that our tax code evolves with our use of virtual currency." 145 Total views 3 Total shares A bill previously introduced by Washington Representative Suzan DelBene aims to exempt crypto users from paying taxes on transactions under…

'Crypto Dad' squashes rumors that he could replace Gensler as SEC Chair

Former CFTC Acting Chair Chris Giancarlo said he’s “already cleaned up earlier Gary Gensler mess,” shooting down speculation he’d replace the SEC Chair.

Europe moves toward regulatory action on crypto’s environmental impact, energy use

After rejecting a proposal to ban crypto mining, the EU is looking at disclosure and mitigation measures to make crypto assets more sustainable in the coming years. 562 Total views 6 Total shares The European Union (EU) released a package of documents on Oct. 18 related to an action plan for implementing the European Green…

Bitcoin, Ethereum, Ripple, EOS, Litecoin, Bitcoin Cash, TRON, Stellar, Binance Coin, Bitcoin SV: Price Analysis, February 18

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision.Market data is provided by the HitBTC exchange.CNBC commentator and CEO of digital currency investment firm BKCM LLC,…

Bitcoin transaction fees hit decade lows, here’s why

The cost of moving Bitcoin across the network has hit decade lows as Lightning Network, batching, miner behavior and protocol improvements have driven costs down. 149 Total views 9 Total shares It’s a great time to move Bitcoin (BTC) between wallets and exchanges. Bitcoin transaction fees have hit all-time lows in BTC, according to research…

Citi downgrades MicroStrategy stock after bold Bitcoin bet

MicroStrategy was downgraded to "sell" from "neutral" on Tuesday. Shares of MicroStrategy (MSTR) fell on Tuesday after Citibank reportedly downgraded the business intelligence firm over its “disproportionate” Bitcoin (BTC) focus. Citi analyst Tyler Radke issued a “sell” rating on MSTR shortly after the company announced it was raising more money to buy Bitcoin. Radke says CEO…

India’s Crypto Bulls Roadshow Given Full Head of Steam by Ban Repeal

The Indian Crypto Bulls Roadshow describes itself as a not-for-profit initiative that seeks to educate Indian citizens as to the emerging blockchain and cryptocurrency sectors.The roadshow was originally scheduled to visit eight major Indian cities over 20 days — New Delhi, Jaipur, Ahmedabad, Surat, Mumbai, Pune, Hyderabad, and Bangalore.However, following India’s Supreme Court ruling that…

62% of institutions to start investing in crypto within a year: Survey

Institutional investors expect to start buying crypto to increase their revenues over the long term. 320 Total views 14 Total shares Institutional investors are increasingly looking to move into cryptocurrency investment to grow their revenues in the long term, a new survey revealed.As many as 62% of global institutional investors with zero exposure to cryptocurrencies…

Leading Brazilian soccer team to tokenize FIFA player transfer fees

Brazilian soccer club CR Vasco da Gama and crypto exchange Mercado Bitcoin are looking to tokenize early-career transfers in the soccer world. 947 Total views 13 Total shares Vasco da Gama, one of the leading teams in Brazilian football, and Mercado Bitcoin, one of the largest cryptocurrency exchanges in Latin America, have announced plans to…

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