LSE to Accept Bitcoin, Ethereum Exchange Traded Notes
The London Stock Exchange (LSE) announced it will begin accepting applications for Bitcoin and Ether crypto exchange-traded notes (ETNs) by the second quarter of 2024 the exchange. The exchange affirmed on March 11 that it would accept applications per the criteria outlined in its Crypto ETN Admission Factsheet. Nevertheless, the date the exchange will commence […]
Bitcoin, Gold Attain New Price Records on Same Day
On March 5, Bitcoin’s price surpassed $69,200 for the first time in its recorded history. The price of gold also hit a new record on the same day. Gold, which attained its highest point on the same day, experienced prosperous developments in conventional financial markets, mirroring the momentous occasion within the Bitcoin community. At approximately […]
Bitcoin ETFs Net Inflow Surpasses $500M
On March 4, United States-based spot Bitcoin exchange-traded funds (ETFs) received $562 million in net inflows as the BTC price surpassed $68,000 and approached its all-time high of approximately $69,000. Despite outflows from several minor participants and the Grayscale Bitcoin Trust (GBTC), inflows occurred on March 4. The day saw $368 million in outflows from […]
United States Gov’t Transfers $922M Worth of Seized Bitcoins
The United States government transferred $922 million from two Bitcoin wallets containing funds seized from Bitfinex in 2016 on the same day Bitcoin crossed the $60,000 mark for the first time in over two years. The transfers by the U.S. government transpired on February 28, the same day that Bitcoin surpassed $60,000 for the first […]
Former US President Trump Changes Stance Towards Bitcoin
Donald Trump, the former president of the United States, has changed his opinion about Bitcoin; however, X users quickly pointed out that Trump’s recent change toward Bitcoin could be just an election-related tactic. In reply, Trump stated that the U.S. dollar continues to be his preferred currency, but he also acknowledged Bitcoin’s increasing popularity and […]