Overview The launch of the spot Bitcoin ETFs in the US looks to be just days away. According to a recent Reuters article, the products could launch as early as 10 January 2024. In preparation for the launch of these products, we have been publishing some data on the exchange traded product (ETP) space and...Read More
As altcoins surge in various directions, it’s noteworthy that the market has not undergone a 25% drawdown in the past 12 months for 234 consecutive days, marking the lengthiest streak since 2011. Even as altcoins continued to fly across the board, Bitcoin has emerged as a winner and one of the top-performing crypto assets so...Read More
On Dec. 25, BitMEX Research published a complete list of cryptocurrency-related exchange-traded products (ETPs) It reported that there were 150 crypto-related ETPs across the world with $50.3 billion in assets under management. The firm noted that it could be useful in “determining the extent to which the spot Bitcoin ETF cannibalizes existing ETPs or attracts...Read More
TLDR Rebel Satoshi ($RBLZ) secures a spot on the top initial coin offerings list following a record-breaking performance in its presale. Market bulls expect XRP to hit $1.120 in the first quarter of 2024. Recent XRP whale activities have sparked a buzz in the XRP community, and some analysts are optimistic that a significant rise...Read More
A blockchain developer, Murat Çeliktepe, has shared a distressing incident recounting a holiday experience that resulted in the loss of $500 from his MetaMask Wallet to an individual posing as a ‘recruiter.’ Notably, Çeliktepe was initially contacted on LinkedIn under the pretense of a genuine web development job opportunity. Developer Falls Prey to Coding Job...Read More
As the holidays approach, the crypto market undergoes notable shifts in trading patterns and sentiment. Historically, Christmas has triggered fluctuations in Bitcoin (BTC), exhibiting both bullish and bearish movements. In 2023, Bitcoin (BTC) recovered significantly, gaining over 100% by December, driven by the anticipated approval of the spot Bitcoin ETF and the upcoming April 2024...Read More
The amendments for spot Bitcoin ETF applications continue, with BlackRock naming Jane Street Capital and JPMorgan Securities as the authorized participants for its own exchange-traded fund, should it receive the green light from the US SEC. What’s particularly interesting is the involvement of JPM, whose CEO just recently urged the US government to close down...Read More
The infamous crypto-hacking group Pink Drainer has been implicated in a highly sophisticated phishing scam that led to a loss of $4.4 million worth of Chainlink (LINK) tokens. This recent cyber heist targeted a single victim who fell prey to a deceptive tactic that led to the signing of a transaction linked to the ‘Increase...Read More
