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Coinshares Expands Presence in the US with Acquisition of Valkyrie and Its ETFs

Coinshares International Limited has announced its acquisition of Valkyrie Funds LLC, a digital asset manager based in the United States. This move comes shortly after Valkyrie's spot bitcoin exchange-traded fund (ETF) received regulatory approval. The acquisition of Valkyrie, which includes their existing exchange-traded products such as the Valkyrie Bitcoin Fund (BRRR), the Bitcoin and Ether […]

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The 2024 Bitcoin Halving: What to Expect for BTC Value and Miners

As 2024 unfolds, the excitement in the cryptocurrency community is reaching a peak as the Bitcoin halving event approaches. This event has the potential to reshape the market landscape and has historically had a significant impact on the crypto scene. With insights from past halvings in mind, let's explore what the upcoming 2024 halving might

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SEC Approves 11 Spot Bitcoin ETFs, Ethereum Rises as Bitcoin Stagnates

Introduction The U.S. Securities and Exchange Commission (SEC) has made history by approving 11 spot bitcoin exchange-traded funds (ETFs) for trading on U.S. stock exchanges. This long-awaited move has generated excitement in the cryptocurrency market. However, the response has been lukewarm, with ethereum stealing the spotlight and outperforming bitcoin. Additionally, a mysterious transfer of $1.19

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Bitcoin Price Falls Below $39,000 as Market Pressure Mounts

Bitcoin's Value Continues to Decline Bitcoin, the leading cryptocurrency, has experienced a further decline in value, dropping below the $39,000 mark as bearish trends continue to exert downward pressure. This comes after the cryptocurrency fell below the $40,000 barrier on Monday. Within the last 24 hours, bitcoin's value has depreciated by 5.3% against the U.S.

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Grayscale’s Bitcoin ETF Sees Record Outflows as Bitcoin Price Falls

Grayscale's Bitcoin ETF Outflows Grayscale's spot bitcoin exchange-traded fund (ETF), known as GBTC, has experienced increased outflows since its recent update. Present data reveals that a substantial 14,292.18 bitcoin, valued slightly above $556 million, exited the fund after Monday's trading activities. Recent figures indicate a notable decrease in Grayscale's spot bitcoin ETF holdings, declining from

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Core DAO Launches $5 Million ‘Innovation Fund’ to Support Africa-Based Web3 Developers

Introduction Core DAO, the foundation supporting Core Chain protocol, has recently announced the launch of a $5 million fund. The fund aims to provide resources and networks to support African Web3 builders. With a significant portion of Core DAO's community based in Africa, the foundation believes it is crucial to support the continent's Web3 builders.

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