💰 Bitcoin ETF sees net inflow of $38.4 million, BlackRock outpaces Grayscale
Grayscale’s Bitcoin Trust ETF (GBTC) also saw a significant net outflow of $182 million. In contrast, the collective net inflow for the remaining nine ETFs in the sector, excluding Grayscale, amounted to $220 million. BlackRock’s iShares Bitcoin Trust (IBIT) outperformed Grayscale Investments’ GBTC in trading volume. This event marks a first for BlackRock since the introduction of spot Bitcoin ETFs in the U.S. on Jan. 11.
Source
/channel/DeFi_Ethereum
Best Telegram Crypto Channels 2024: Explore the World of Cryptocurrency
Dive into the dynamic realm of cryptocurrency with our curated list of the Best Telegram Crypto Channels for 2024. Whether you're a seasoned investor or a curious newcomer, this comprehensive guide offers something for everyone. From breaking news in the crypto world to in-depth analysis of market trends, trading signals, and insights into DeFi, NFTs, and the Metaverse, these channels are your go-to source for staying ahead in the fast-paced world of digital currencies. Stay informed, make educated decisions, and join the conversation today in the ever-evolving landscape of cryptocurrency with the best resources Telegram has to offer for 2024.
1️⃣General Crypto News & Updates
- @CryptoWorldNews
- @cryptomagazine
- @Cryptocurrency_Inside
- @Crypto_Publisher
- @CryptoWorldICOs
- @Bitcoin_Magazine
- @Bitcoin_NewsTG
- @BitcoinAltcoinCryptoNews
- @Crypto_Bitcoin_Trading_News
- @Crypto_Bitcoin_Blockchain
- @CryptoWorldAnalysis
- @CryptoNewsSource
- @altcoinnews
- @Crypto_ShortNews
- @crypto_signals_charts
- @Cash_Blockchain_News
2️⃣Specific Cryptocurrency News (Bitcoin, Ethereum, etc.)
- @bitcoinnews
- @Bitcoin_Insights
- @ethereumnews
- @Bitcoin_Ethereum_Trading
- @Bitcoin_Crypto_Coin_Calendar
- @Ethereum_Merge
- @EthereumBitcoinNews
3️⃣Trading, Charts & Signals
- @Binance_Coinbase_Bybit
- @altcointrading
- @Crypto_Futures_Trading
- @Bitcoin_Ethereum_Altcoins
- @Bitcoin_Crypto_Signals
- @ChartsSignalsTrading
- @Crypto_Trading_Reports
- @Premium_Trading_Crypto_Signals
- @Signals_Charts
- @Charts_Trading
- @InvestmentTradingUpdates
- @BitcoinBreaking
4️⃣DeFi, NFTs, Metaverse
- @DeFi_ICO_Invest
- @Metaverse_Crypto_Web3_GameFi
- @DeFi_Updates
- @NFTs_DeFi
- @DeFi_Ethereum
- @Defi_Trading_Nfts_Metaverse
- @Nfts_Hype
- @Metaverse_Defi_Nfts_Trading
- @NFTs_Metaverse_Coins
- @Nfts_Defi_Metaverse_News
- @Crypto_Nfts_Metaverse
- @Facebook_Metaverse_Nfts
- @Metaverse_Nfts_WEB3
5️⃣Market Analysis & Financial Updates
- @CryptoMarketTime
- @FinancialWorldUpdates
- @Uniswap_PancakeSwap
- @Blockchain_Crypto_Bitcoin
- @Cryptocommunity
- @BitcoinsHalving
- @Stocknews
- @Tradingnews
- @Coin_Trading_News
6️⃣AI and Tech in Crypto
- @Ai_Tools_Hunt
- @ChatGPT_News_Ai
7️⃣Humor and Community
- @Bitcoin_Crypto_Memes
- @Bitcoin_Action
💰 BlackRock wants to project Bitcoin ETF ads onto former banks, filing says
BlackRock proposed a campaign to project spot Bitcoin ETF advertisements onto the sides of buildings in a Jan. 31 SEC filing. Each image otherwise shows a timeline of events leading up to the launch of BlackRock’s spot Bitcoin ETF this January. Certain images describe the launch of the first stock market in the U.S. in 1790, the first U.S. ETF in 1993, the launch of Bitcoin in 2009, and the first Bitcoin futures contract in 2017.
Source
/channel/DeFi_Ethereum
💰 Terraform Labs says bankruptcy helps afford appeal against SEC’s fraud lawsuit
Terraform Labs’ Chapter 11 bankruptcy protection would allow the company to pursue an appeal against the U.S. Securities and Exchange Commission’s securities fraud lawsuit, the company said in a Tuesday filing. The company filed for Chapter 11 bankruptcy in the U.S. Bankruptcy Court for the District of Delaware on Jan. 21, with estimated assets and liabilities between $100 million and $500 million.
Source
/channel/DeFi_Ethereum
💰 9 Newly Launched Spot Bitcoin ETFs Accumulate BTC Holdings Worth Nearly $6 Billion
Current data reveals that Blackrock’s IBIT spot bitcoin exchange-traded fund (ETF) currently possesses 52,025.76 bitcoin, with a total value of $2.18 billion. Furthermore, Fidelity’s FBTC has increased its bitcoin holdings, now standing at 46,238.09 bitcoin as of Jan. 29, 2024.
Source
/channel/DeFi_Ethereum
💰 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.”.
Source
/channel/DeFi_Ethereum
💰 Criminal charges against ex-Celsius CEO must stick, prosecutors say
U.S. prosecutors have pushed back against former Celsius CEO Alex Mashinsky’s motion to dismiss two criminal charges brought against him. Prosecutors argued that the charges, which include commodities fraud and market manipulation, show Mashinsky’s intention to mislead investors about his crypto platform’s profitability and business practices and manipulate the market for Celsius’ proprietary CEL token.
Source
/channel/DeFi_Ethereum
🏦 Coinbase Upgraded by Oppenheimer as Crypto Exchange Is 'Stronger Than Many People Realize'
Shares of Coinbase (COIN) rose as much as 6% on Friday after investment bank Oppenheimer raised the rating of the stock to “outperform” from “perform” with a price target of $160 per share, arguing that the company is strong and its management team is tough. "The stock was under extreme scrutiny during crypto winter. While many peers went under, COIN is still standing and fighting for its businesses and the industry.
Source
/channel/DeFi_Ethereum
Explore smart chats with our Telegram ChatGPT DALL-E Bot! 🤖 Get instant Bing info, create AI images, and more. Start now: /channel/ChatGPT5_DALLE_Bot?start=ref-0449 🚀
(It’s ChatGPT4 for free instead for 20$ directly in your Telegram messenger)
💰 The market is absorbing enormous selling pressure with little movement
The volatility caused by the launch of spot Bitcoin ETFs in the U.S. has wiped over $115 billion off Bitcoin’s market cap. There has been a significant increase in realized losses in the week following the ETF launch, with short-term holders bearing the brunt of these losses. Significant outflows from Grayscale’s GBTC.
Source
/channel/DeFi_Ethereum
💰 Bitcoin ETFs to Likely Divert Users and Trading Volumes Away from CEXs, Says Anthony Bevan
Recently approved spot bitcoin exchange-traded funds (ETFs) are likely to divert investor interest and trading volume away from centralized exchanges (CEXs), according to Anthony Bevan, CEO of the wealth management firm Blockguard. Bevan, a full-time trader and investor, added that spot bitcoin ETFs are likely to attract investors who are keen on “more regulated and mainstream investment avenues.”
Source
/channel/DeFi_Ethereum
Explore smart chats with our Telegram ChatGPT DALL-E Bot! 🤖 Get instant Bing info, create AI images, and more. Start now: /channel/ChatGPT5_DALLE_Bot?start=ref-0449 🚀
(It’s ChatGPT4 for free instead for 20$ directly in your Telegram messenger)
💰 FTX sold nearly $1 billion of Grayscale spot bitcoin ETF shares: report 📉
Defunct cryptocurrency exchange FTX has sold nearly $1 billion worth of shares in Grayscale's GTBC fund since the firm's instrument began trading recently as a spot bitcoin ETF, according to CoinDesk, which cited "private data" and anonymous sources. Bloomberg Intelligence senior ETF analyst Eric Balchunas posted data over the weekend showing that Grayscale's fund had shed $2.8 billion since trading began.
Source
/channel/DeFi_Ethereum
• 📉 Market Downtrend: Solana (SOL) and Cardano (ADA) lead a decline in the crypto market, with a 5% drop in the past 24 hours.
• 🐕 Dogecoin Fluctuation: DOGE initially resisted the market trend, spurred by potential adoption on a social app, but later followed the downtrend.
• 💔 Bitcoin’s Support Break: Bitcoin lost its $41,000 support level, with predictions of dropping to $38,000, influencing broader market losses.
• 🚨 Grayscale’s GBTC Impact: Analysts, including Bloomberg’s Eric Balchunas, link bitcoin’s recent decline to potential sales from Grayscale’s GBTC ETF.
• 💼 Grayscale Movements: Over $400 million worth of bitcoin was moved to Coinbase Prime, hinting at possible sales.
• 📈 Contrasting ETF Trends: New bitcoin ETFs like BlackRock’s IBIT and Fidelity’s FBTC show over $1 billion in inflows, indicating buying interest.
#CryptoMarket #Solana #Cardano #Bitcoin #Grayscale #ETFs #MarketTrends 🌐💰🔻
@Bitcoin_Blockchain_Trading
🏦 Coinbase has 70% chance of full dismissal in SEC lawsuit — Litigation analyst
Bloomberg senior litigation analyst Elliott Stein has indicated he sees minimal likelihood of failure for cryptocurrency exchange Coinbase in its ongoing lawsuit against the United States Securities and Exchange Commission (SEC). Stein forecasts a 70% chance of the exchange securing a full dismissal in the lawsuit. The SEC alleges that by staking customer assets, earning rewards on their behalf and returning them, Coinbase is engaging in offering and selling investment contracts, thereby falling under SEC regulation.
Source
/channel/DeFi_Ethereum
🪙 JPMorgan says Tether's increasing dominance is negative for crypto
“Tether is mostly at risk given its lack of regulatory compliance and transparency,” JPMorgan analysts said. "Tether is mostly at risk given its lack of regulatory compliance and transparency," JPMorgan analysts led by Nikolaos Panigirtzoglou wrote in a report on Thursday. "We therefore view the increasing concentration in Tether over the past year as a negative for the stablecoin universe and the crypto ecosystem more broadly.
Source
/channel/DeFi_Ethereum
🇭🇰 Bybit submits license application in Hong Kong
Crypto exchange Bybit has applied for a license in Hong Kong to operate as a “virtual asset trading platform,” the company said today in a statement shared with The Block. “Obtaining a VATP license in Hong Kong is a significant step for Bybit,” the exchange said in the statement. “The city's strategic location and established financial infrastructure make it an ideal base for our operations and institutional clients, serving the Asia Pacific region.”.
Source
/channel/DeFi_Ethereum
💰 Global X Pulls Out of Spot Bitcoin ETF Application
Global X, one of the former contenders for a spot bitcoin exchange-traded fund (ETF), has withdrawn its application, according to a Jan 30 notice from Cboe BZX Exchange, which could have listed the fund. The filing shows that Cboe BZX Exchange is withdrawing its proposed rule change to list and trade shares of what would’ve been Global X’s spot bitcoin ETF.
Source
/channel/DeFi_Ethereum
🔐 Visa Partners With Transak Enabling Instant Crypto-To-Fiat Conversions
Transak – a leading infrastructure provider for crypto-to-fiat conversions – has partnered with global payments giant Visa to make moving between both fields of currency as efficient as possible. Visa Direct lets members send real-time push payments to over one billion Visa card accounts within 30 minutes or less. That’s a step up from traditional banking rails, where transferring and converting funds can take days – especially when done across borders.
Source
/channel/DeFi_Ethereum
💰 Bitcoin Technical Analysis: Bearish Signals and Bullish Hints Amidst Market Turbulence
Bitcoin, the leading digital currency by market cap, showcased nuanced market dynamics on Jan. 29, 2024. Bitcoin’s value fluctuated within a narrow band, ranging from approximately $41,950 to $42,069 within the last hour. Indicators such as oscillators and moving averages reveal a diverse perspective, indicating a multifaceted interaction of market factors. As the price fell beneath the $42,000 threshold, it appears that bearish forces have momentarily gained the upper hand.
Source
/channel/DeFi_Ethereum
💰 Google to tweak crypto ad policy, amplify Bitcoin ETF visibility
Google, a subsidiary of tech conglomerate Alphabet, is on the verge of a significant policy update set to take effect on Jan. 29, which could alter the landscape of cryptocurrency advertising. Now that the U.S. Securities and Exchange Commission’s (SEC) approved 11 spot Bitcoin (BTC) ETFs on Jan. 10, Google is expected to amend its rules and enable asset managers to advertise these products to a broader U.S. audience.
Source
/channel/DeFi_Ethereum
🇺🇸 CFTC Chair calls for comprehensive regulation for digital assets following ETF approvals
In a detailed speech delivered in Naples on Jan. 26, CFTC Chair Rostin Behnam said regulators need to ramp up their efforts to supervise the budding cryptocurrency industry following the approval of Bitcoin ETFs, which does not imply the sector is regulated. Benham expressed significant concerns regarding the current state of cryptocurrency and digital asset regulation.
Source
/channel/DeFi_Ethereum
💰 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.
Source
/channel/DeFi_Ethereum
💰 Bitcoin Mining Rig Manufacturer Canaan Raises $50 Million Through Preferred Shares Sale
In a recent disclosure to the U.S. Securities and Exchange Commission (SEC), Canaan, a publicly traded manufacturer of bitcoin mining rigs, announced it has secured $50 million through the sale of preferred shares. This follows a successful acquisition of $25 million in a similar preferred share sale conducted by Canaan last year.
Source
/channel/DeFi_Ethereum
💰 Bitwise Leads the Way as First US Bitcoin ETF to Publicly Disclose Wallet Address
On Wednesday, Jan. 24, 2024, Bitwise, a leading digital asset manager, made a groundbreaking announcement as the first U.S. spot bitcoin exchange-traded fund (ETF) to reveal its bitcoin wallet address. Emphasizing its commitment to transparency, Bitwise stated, “proud to walk the walk with BITB,” and affirmed that “onchain transparency is core to Bitcoin’s ethos.”
Source
/channel/DeFi_Ethereum
🇺🇸 IRS adds cryptocurrency income tax question to four more tax forms
The IRS on Jan. 22 reminded all taxpayers to answer a question about digital assets and report all digital asset-related income. The IRS defined digital assets as including convertible virtual currency and cryptocurrency, stablecoins, and non-fungible tokens (NFTs). The latest update notably expands the number of forms that include the question. Originally, the question appeared on three variants of the Form 1040 income tax return aimed at individuals, seniors, and non-resident aliens.
Source
/channel/DeFi_Ethereum
📣 TrueUSD’s slip from $1 peg deepens amid broader sell-off as FDUSD thrives
TrueUSD (TUSD) deviation from its $1 peg has widened under the current red market situation. Data from CryptoSlate shows that the stablecoin dipped as low as $0.9778 in the past 24 hours, coinciding with substantial sell-offs seen in the major cryptocurrencies like Bitcoin and Ethereum. On Jan. 16, CryptoSlate highlighted increased volatility in TUSD’s value as holders opted to liquidate their assets in favor of competing stablecoins like Tether’s USDT.
Source
/channel/DeFi_Ethereum
💰 Bitcoin (BTC) Price to Drop Below $40,000, Predicts Arthur Hayes
BitMEX co-founder Arthur Hayes believes Bitcoin will drop below $40K after the U.S. Treasury quarterly refunding announcement. Arthur Hayes, the co-founder of the BitMEX cryptocurrency exchange, has adopted a pessimistic view of Bitcoin, predicting a decline in its value below the $40,000 threshold. Arthur Hayes, the co-founder of the BitMEX cryptocurrency exchange, has adopted a pessimistic view of Bitcoin, predicting a decline in its value below the $40,000 threshold. `
Source
/channel/DeFi_Ethereum
📊 FDUSD Market Cap Skyrockets by $1 Billion in 2024, Clinching Top 4 Stablecoin Spot
According to statistics, the stablecoin crypto asset FDUSD has seen its market capitalization grow by $1 billion since the start of the year. Presently, the supply stands at 2.614 billion FDUSD after witnessing a 45.7% supply increase in 30 days.
Source
/channel/DeFi_Ethereum
💰 SEC opens comment period on proposal that would allow options trading on BlackRock's spot bitcoin ETF
The Securities and Exchange Commission asked for comments from the public about a proposal from Nasdaq that would allow for options trading on BlackRock's spot bitcoin ETF. "The Exchange proposes to amend Options 4, Section 3, Criteria for Underlying Securities, to allow the Exchange to list and trade options on iShares Bitcoin Trust (the 'Trust') as a Unit deemed appropriate for options trading on the Exchange," the filing stated.
Source
/channel/DeFi_Ethereum