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The latest Messages 10

2024-01-29 10:10:12
Vanguard Says No to Bitcoin ETFs — Views Crypto as 'Immature Asset Class' With 'No Inherent Economic Value'

Financial giant Vanguard has explained why the firm does not make spot bitcoin exchange-traded funds (ETFs) available on its trading platform. A Vanguard executive stressed that cryptocurrency is “an immature asset class that has little history, no inherent economic value, no cash flow, and can create havoc within a portfolio.”.

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@Crypto_Ethereum_Bitcoin
123.4K views07:10
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2024-01-28 21:52:02
Crypto Hacking Losses Halved in 2023

Funds stolen by hackers from cryptocurrency platforms fell by over 50% in 2023 compared to the previous year. However, the number of individual hacking incidents rose, indicating that hacking remains a significant threat for crypto investors. In 2022, hackers stole a record $3.7 billion from crypto platforms. But, according to a new report from the blockchain analytics firm Chainalysis, in 2023, that figure dropped to around $1.7 billion, representing a decrease of 54%.

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@Crypto_Ethereum_Bitcoin
91.6K views18:52
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2024-01-28 11:50:25 Dive into the latest in Bitcoin and crypto with Bitcoin Insights!

Don't miss out on crucial updates and expert opinions.

Join us now and be part of our crypto community:

https://t.me/Bitcoin_Insights
71.2K views08:50
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2024-01-28 08:50:10
Deutsche Bank Survey: Over One-Third of Respondents Expect Bitcoin to Fall Below $20,000

A Deutsche Bank survey has revealed that over one-third of 2,000 respondents anticipate bitcoin’s price to drop below $20,000. Moreover, around 15% of those surveyed predict the cryptocurrency’s price to range between $40,000 and $75,000 by the end of the year.

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@Crypto_Ethereum_Bitcoin
104.9K views05:50
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2024-01-27 22:17:02
$867 Million Erased — Grayscale's GBTC Experiences Record 20,803 Bitcoin Reduction in 24 Hours

Recent data from Grayscale’s GBTC spot bitcoin exchange-traded fund reveals a significant reduction in its holdings, with 20,803.83 bitcoin, valued at $867.98 million, being withdrawn from the fund’s reserves. This substantial outflow, occurring over the past 24 hours, marks the most considerable decrease in GBTC’s reserves since it transformed into a publicly-listed ETF on Jan. 11, 2024.

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@Crypto_Ethereum_Bitcoin
115.3K views19:17
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2024-01-27 12:32:01
BlackRock’s Bitcoin ETF First to Reach $2B in AUM

The BlackRock iShares Bitcoin ETF (IBIT) on Friday became the first of the recently launched spot bitcoin products to reach $2 billion in assets under management (AUM). This doesn't include Grayscale's GBTC, which had nearly $30 billion in AUM at the time of its conversion from a closed-end fund to a spot ETF.

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@Crypto_Ethereum_Bitcoin
86.9K views09:32
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2024-01-26 22:27:33 Dive into the latest in Bitcoin and crypto with Bitcoin Insights!

Don't miss out on crucial updates and expert opinions.

Join us now and be part of our crypto community:

https://t.me/Bitcoin_Insights
79.0K views19:27
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2024-01-26 19:40:28
Celsius billion-dollar Ethereum shift stirs speculation on creditor payback plans

Bankrupt crypto lending platform Celsius has shifted 459,561 Ethereum (ETH), valued at over $1 billion, to centralized exchanges, including Coinbase, Paxos, and FalconX, in the past 24 hours, per on-chain data. In detail, more than 300,000 ETH, equivalent to $673 million, was sent to Coinbase Prime. The firm also moved 146,507 ETH, valued at around $323.3 million, to Paxos, and another 7,800 ETH, worth $17.2 million, were transferred to FalconX.

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@Crypto_Ethereum_Bitcoin
100.8K views16:40
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14.0K views15:25
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2024-01-26 09:15:10
Former Bitmex Chief Expects Bitcoin to Bottom Out Between $30,000 and $35,000

Former Bitmex CEO Arthur Hayes has predicted that bitcoin will find a support level between $30,000 and $35,000. He contends that the ongoing bitcoin selloff is not due to outflows from Grayscale’s bitcoin trust (GBTC). “That argument is bogus,” he claimed, adding that bitcoin’s price movement is “anticipating the Bank Term Funding Program (BTFP) will not be renewed.”

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@Crypto_Ethereum_Bitcoin
53.4K views06:15
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