Category: CoinDesk
Valkyrie, Invesco and Bitwise lowered their fees further just hours after all rivals finally revealed their fee plans. Source: https://www.coindesk.com/business/2024/01/09/amid-bitcoin-etf-fee-war-grayscale-stands-its-ground-with-priciest-product/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Ether has lost 43% of its value against bitcoin since Sept. 7. Source: https://www.coindesk.com/markets/2024/01/09/bitcoin-etf-fever-drives-ethereum-to-32-month-low-versus-btc/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
El Salvador is sitting on a $12.6 million unrealized profit on its bitcoin investment after being in the red for two years. Source: https://www.coindesk.com/business/2024/01/09/el-salvadors-btc-bet-is-13m-in-profit-as-bitcoin-etf-approval-approaches/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
The latest price moves in bitcoin and crypto markets in context for Jan. 9, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto …
Rodney Burton was arrested on Friday in Florida and will be transferred to Maryland. Source: https://www.coindesk.com/policy/2024/01/09/us-arrests-bitcoin-rodney-alleged-hyperverse-crypto-scheme-promoter-on-irs-charges-of-fraud/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
BlackRock and VanEck, two among 13 issuers hoping to launch bitcoin exchange-traded funds (ETFs) in the U.S., have filed updated documents on Tuesday. Source: https://www.coindesk.com/policy/2024/01/09/blackrock-vaneck-update-bitcoin-etf-filing-within-hours-of-quick-sec-response/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Data shows the discount fell to as low as 5.6% on Monday, reaching a level previously seen in June 2021. Source: https://www.coindesk.com/markets/2024/01/09/gbtc-discount-sinks-to-lowest-level-in-18-months-as-grayscale-falls-behind-in-etf-fee-race/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
The Commodity Futures Trading Commission wants U.S. policymakers to evaluate options for regulating the issue of identity information in decentralized finance, a report published Monday said. Source: https://www.coindesk.com/policy/2024/01/09/defi-identity-should-be-focus-of-us-policymakers-cftc-says/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Cramer’s picks have the tendency to move in the opposite direction he touts. Source: https://www.coindesk.com/markets/2024/01/09/jim-cramer-now-says-bitcoin-is-topping-out/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
The 40-day correlation between the two has declined to zero. Source: https://www.coindesk.com/markets/2024/01/09/bitcoin-decouples-from-nasdaq-amid-etf-speculation/?utm_medium=referral&utm_source=rss&utm_campaign=headlines