U.S. spot Bitcoin exchange-traded funds drew $433 million of net inflows on Friday, Sept. 18, according to Farside Investors. The session extended the market’s rebound to a second day, but it did not fully repair the withdrawals recorded earlier in the week. In the Farside data, Fidelity’s Wise Origin Bitcoin Fund, or FBTC, supplied $310.7 …
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Chelsea has found a cool new shirt sponsor whose main product is…a stablecoin? USDC is designed to be worth one dollar. Today, tomorrow, next Tuesday: one dollar. If everything is working properly, absolutely nothing should happen to its price, so there is not much room for a victory parade. And yet Circle, the company behind …
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Anthropic’s prospective $2 trillion IPO has already spawned nearly $80 million in crypto derivatives bets before its public debut. Open interest in futures linked to the Claude developer has climbed to about $79.27 million, close to a record $80 million, as traders position around what could become one of the largest initial public offerings ever …
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Standard Chartered expects ARB to reach $10 by the end of 2030 as Arbitrum earns more from helping financial firms launch blockchains. ARB has since risen above the bank’s reference price, reducing the implied gain. Standard Chartered Maps ARB’s Path to $10 ARB could reach $10 by the end of 2030, according to a Sept. …
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With a little over a month until the new crypto regulatory regime’s deadline, local sources indicate that only five VASPs have submitted authorization requests to the Central Bank of Brazil, and one has already been rejected. Only Five Exchanges Have Applied for Operating Licenses in Brazil The Central Bank of Brazil’s proposed and approved crypto …
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With bitcoin’s price almost hitting the $82,000 range on Saturday, at block height 967732, a wallet first created on Nov. 2, 2011, shifted 100 BTC worth more than $8 million using current bitcoin exchange rates. Bitcoin From 2011 and 2013 Suddenly Stirs September has logged a slew of unique sleeping bitcoin wallets from ancient days, …
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Coinbase CEO Brian Armstrong says the Wall Street Journal is preparing a story blaming him for the CLARITY Act’s Senate defeat, and he went public with his defense before it ran. A Pre-Emptive Strike Armstrong did not wait for the alleged article to come out; instead, he took to X and aired his thoughts, stating: …
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U.S. crypto ETFs closed the week with a broad surge in demand, led by $433.03 million flowing into bitcoin funds. Ether, solana, Zcash and HYPE products also attracted fresh capital, while XRP ETFs posted a marginal outflow. Bitcoin Leads as Crypto Funds Rally Broadly Institutional money returned with force on Friday, Sept. 18, spreading well …
Continue reading “Fidelity Drives $433M Bitcoin ETF Surge as Bitcoin’s Price Tops $80K”
On Saturday, the Lightning Network payments platform Blink Wallet, which provides both custodial and non-custodial services, revealed that an attacker had infiltrated a limited number of custodial accounts and moved the funds. Blink Wallet Says Every Affected Custodial Account Will Be Made Whole Lightning Network applications and platforms cannot get a break these days, and …
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The new ASSX fund offers 2x daily exposure to Strive shares, giving traders a leveraged way to bet on the Bitcoin treasury company. REX Shares and Tuttle Capital Management launched a leveraged ETF that seeks to deliver twice the daily performance of Strive, a publicly traded Bitcoin treasury company and asset manager. The T-REX 2X …
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A grocery store worker says scammers posing as Chase Bank fraud investigators drained $73,000 from his savings. The Mariano’s employee, identified as David Lipsky, transferred the money after callers claimed the FBI would arrest him if he did not move his funds into what they called a safe account, reports ABC7 Chicago. Lipsky says the …
Kalshi’s proposal would bring perpetual futures tied to individual stocks to US traders, as Coinbase and Bitnomial pursue similar products. Kalshi has filed to offer perpetual futures tied to individual US stocks, joining Coinbase in a push to bring crypto-style derivatives to traditional equity markets. The prediction market filed the proposed rule change with the …
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VanEck said Metaplanet’s executive equity exposure remains well above its digital asset treasury peers, even after the company cut its potential share pool by 41%. Asset manager VanEck has criticized Metaplanet’s executive compensation structure, arguing that recent efforts by the Bitcoin treasury company to curb shareholder dilution still fall short of adequately aligning management with …
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For anyone worried that AI would eliminate every profession except the one sending messages about your frozen crypto account, there’s unwelcome news for that last bastion of human enterprise. Fraud has found an automation budget. Scamming has always required a surprising amount of manual labor. Romance scams need someone to keep a conversation going for …
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Grayscale’s Zcash ETF is closing in on $1 billion in assets less than a month after its Wall Street debut. The fund, which trades as ZCSH on NYSE Arca, has accumulated $914.53 million in net assets and $270.95 million in cumulative net inflows, SoSoValue data shows. Its rapid expansion has coincided with Zcash’s value roughly …
