US Bitcoin ETF Assets Break $100 billion
Since the launch of spot Bitcoin ETFs in January, Bitcoin has become the dominant asset in the ETF market. Bloomberg Intelligence reports that on November 21st, exchange-traded funds (ETFs) investing in Bitcoin in the United States achieved a significant milestone by surpassing the $100 billion mark in net assets. Since the introduction of spot Bitcoin […]
FTX Reorganization Plan To Resume In January 2025
FTX will distribute funds by January 2025, with account and verification requirements for customers and creditors. The trading platform issued a press release revealing that the implementation of this reorganization plan will enable the platform to initiate distributions to both its customers and its creditors. Following the announcement that it will finalize its arrangements with […]
Solana ETF Issuers Advance Talks With US SEC
The U.S. spot Solana ETF approval process shows progress, with potential approval by 2025, per Fox Business’ Eleanor Terrett. The search for spot Solana ETF products in the United States is progressing positively. Eleanor Terrett, a journalist for Fox Business, stated that discussions between the Securities and Exchange Commission (SEC) and potential issuers are “progressing” […]
MARA Holdings Secures $1B To Buy More Bitcoin
Bitcoin miner MARA Holdings has completed its $1 billion private offering, with some of the profits slated to be used to buy more BTC. Bitcoin mining company Marathon Digital Holdings (MARA) has raised nearly $1 billion by selling convertible notes. The company plans to use part of the proceeds to purchase additional Bitcoin (BTC), though the […]
Crypto Trader Turns $378K into $35.2M
A notable story highlights a Crypto trader who turned $378k into $35.2M in just 11 months by investing in OM, a utility-based cryptocurrency. Over the course of the past 15 years, the cryptocurrency trading business has experienced remarkable and exponential growth, which has enabled the daily trading volume to reach hundreds of billions of dollars. […]