BlackRock’s IBIT ETF now holds almost 50,000 BTC as AUM hits $2 billion

BlackRock’s iShares Bitcoin ETF (IBIT) has set a new benchmark in the cryptocurrency investment space by amassing over $2 billion in assets under management (AUM) just ten days after its trading debut,... Read more »

Crypto saw 62 million acquired users across eight chains in 2023: Flipside report

Flipside Crypto reported that blockchain users and activity grew throughout 2023 in a report shared with CryptoSlate on Jan. 25. The analytics company wrote: “Crypto recently has been fluctuating through extremes, with... Read more »

Bankers switching to crypto careers for higher salaries and industry growth

Crypto firms are attracting top talents from the traditional financial sector in droves thanks to higher salaries and the prestige of working in the emerging industry. A Bitget report shared with CryptoSlate... Read more »

OnChainMonkey introduces KARMA tokens, aims to bolster ecosystem with strategic airdrop

Popular NFT project OnChainMonkey (OCM) has unveiled KARMA tokens as part of its efforts to expand its burgeoning ecosystem, according to a Jan. 24 statement shared with CryptoSlate. OCM explained that KARMA... Read more »

Bearish Bitcoin leads to tumble in crypto stocks, with Coinbase taking a hit

The shares of several U.S.-listed crypto companies experienced substantial declines in their values due to the significant market downturn today, Jan. 23. Earlier today, Bitcoin’s price retraced more of the gains it... Read more »

Tornado Cash developers to receive funding from new legal defense DAO

An activist group launched a legal defense fund for accused Tornado Cash developers Alexey Pertsev and Roman Storm on Jan. 22. Roman Storm endorsed the fundraiser, stating: “2024 is the year that... Read more »

Bitcoin ETFs buy 95,000 BTC as assets under management hit $4 billion

The “Newborn Nine” Bitcoin ETFs have collectively amassed 95,000 BTC, with collective assets under management (AUM) nearing $4 billion, according to available data. According to Bloomberg ETF analyst Eric Balchunas, this remarkable... Read more »

China’s underground crypto market thrives despite harsh trading ban: WSJ

Despite Beijing’s 2021 ban on crypto trading, a thriving underground market reportedly continues to operate in China. The Wall Street Journal (WSJ) reported that investors circumvent the country’s stringent regulations through informal... Read more »

SEC v. Binance hearing delayed until Monday

Today’s court hearing between Binance and the SEC has been postponed, according to a minute order published on Jan. 19. That order reads: “It has just been announced that the courthouse will... Read more »

SEC opens comments on options trading for BlackRock, Cboe spot Bitcoin ETFs

The U.S. Securities and Exchange Commission (SEC) on Jan. 19 opened comments on proposals related to options trading on Bitcoin ETFs. One SEC notice concerns a proposed rule change allowing Nasdaq to... Read more »
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