9 Bitcoin ETFs including BlackRock bought over 100,000 BTC in the past week
Increased inflow, but outflow from GBTC is causing selling pressure Excluding Grayscale’s GBTC, nine Bitcoin spot ETFs, including BlackRock, currently hold and manage 109,221 (approximately $4 billion) of virtual currency BTC. For simple comparison, MicroStrategy currently holds 189,150 BTC. The…
Bitcoin does not respond to China’s 2 trillion yuan market stimulus plan | CoinDesk JAPAN
Chinese authorities are considering market stabilization measures worth 2 trillion yuan (approximately 40 trillion yen, equivalent to 1 yuan = 20 yen) to revive the sluggish stock market. The impact of this plan, which boosted markets in Hong Kong and…
1 in 10 US workers belong to unions − a share that’s stabilized after a steep decline
Members of the faculty union of the California State University system walk a picket line in December 2023. Frederic J. Brown/AFP via Getty Images CC BY-ND The share of U.S. workers who belong to a union fell slightly to 10%…
Mt.Gox will send notice to creditors regarding virtual currency repayments
Virtual currency repayment MtGOX, a cryptocurrency exchange that went bankrupt in 2014, was reported to have sent an email to its creditors regarding payment in virtual currency. Mt.Gox explained that it was able to confirm that the recipient of the…
FTC Orders Maker of TurboTax to Cease “Deceptive†Advertising
by Justin Elliott and Paul Kiel ProPublica is a nonprofit newsroom that investigates abuses of power. Sign up to receive our biggest stories as soon as they’re published. The Federal Trade Commission has ordered the maker of TurboTax to stop…
Coinbase stock falls after JP Morgan downgrades to underweight – Disappointing Bitcoin ETF is to blame | CoinDesk JAPAN
The launch of a physical Bitcoin exchange-traded fund (ETF), which was a major positive for the crypto market last year, could reverse in 2024 and disappoint investors. JPMorgan pointed this out in a research report on the 22nd, downgrading the…
US Coinbase to improve security of Ethereum infrastructure, considering diversification of clients
Improving the security of Ethereum On the 23rd, Coinbase Cloud, the developer support division of Coinbase, a major U.S. cryptocurrency exchange, announced that it is considering improving the security of Ethereum (ETH) infrastructure. Coinbase Cloud explains that it places the…
Mt.Gox appears to be close to repaying Bitcoin victims to 2014 hacking victims | CoinDesk JAPAN
Failed cryptocurrency exchange Mt. Gox has agreed to pay back customers who lost a total of 850,000 BTC (equivalent to $33 billion at current prices) in a 2014 hack. It looks like it’s progressing. Some former Mt. Gox customers have…
Bank for International Settlements announces new tokenization project
Tokenization of promissory notes On the 23rd, the Bank for International Settlements Innovation Hub (BISIH) announced the first of six new business plans for 2024. Plans include experiments in cybersecurity, financial crime prevention, central bank digital currencies (CBDCs), and green…
Although the daily price has fallen to the 90-day moving average line, is it difficult to imagine a crash like the previous halving market?[bitbank chart analysis]
Masayuki Sanada/bitbank Market Analyst Bitbank Market Analyst: Majored in economics at California State University and is interested in the flow of money in society. She became interested in Bitcoin while attending university, and while doing research on the industry at…