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Crypto Asset Funds Just Scored Their Strongest Weekly Inflows Since Last July!
(Bloomberg) -- Digital-asset investment products such as Bitcoin futures exchange-traded funds have seen the largest single week of inflows since July of last year. The funds raked in about $326 million with expectations rising that the US Securities and Exchange Commission is poised to approve a spot-based Bitcoin ETF, according to a report by crypto asset manager CoinShares on Monday. The optimism is also helping to boost demand for so-called altcoins, with Solana-related products seeing $24 million in inflows. Ether, the second largest cryptocurrency after Bitcoin, saw $6 million in outflows. Forecasts for the approval of a spot Bitcoin ETF have been increasing since the SEC declined to appeal an August court ruling that threw out...
Bitcoin Rides Wave of ETF Optimism to Hit Highest Since May 2022
(Bloomberg) -- Bitcoin extended a rally fueled by expectations of fresh demand from exchange-traded funds, reaching the highest price since May last year. The largest digital asset rose as much as 10.3% before paring the increase to trade 7.7% higher at $33,950 as of 9:53 a.m. in Singapore on Tuesday, taking its year-to-date rebound from 2022’s digital-asset rout to more than 100%. The possible approval in coming weeks of the first US spot Bitcoin ETFs is stoking speculative ardor for the token. Asset managers BlackRock Inc. and Fidelity Investments are among those in the race to offer such products. Digital-asset bulls argue the ETFs would widen adoption of the cryptocurrency. A US federal appeals court on Monday also formalized a...
Binance hentikan perkhidmatan Debit Kad Crypto di Eropah setelah Visa dan Mastercard berundur. Apa terjadi selepas ini?
Pemegang kad sedia ada masih tetap menggunakan kad tersebut sehingga 20 Disember 2023. Kad Binance mula ditawarkan di Kawasan Ekonomi Eropah sekitar tahun 2020. Binance, medium pertukaran cryptocurrency terbesar di dunia, mengumumkan berakhirnya perkhidmatan kad debit Visa di Eropah. Pengguna sedia ada kad Kawasan Ekonomi Eropah masih boleh menggunakannya sehingga 20 Disember sebelum ia dihentikan sepenuhnya, mengikut catatan blog terkini Binance. Kad Binance Visa membolehkan pengguna menukar dan menggunakan pelbagai jenis cryptocurrency di lebih daripada 60 juta peniaga dalam talian dan luar talian di seluruh dunia. Kad tersebut ditawarkan kepada pengguna dari negara-negara Eropah seperti Perancis, Jerman, dan Sepanyol. Pengumuman...
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