BlackRock and ProShares Bitcoin ETF exceeds GBTC in daily trading volume | CoinDesk JAPAN
BlackRock’s IBIT and ProShares’ BITO on the 1st surpassed Grayscale’s GBTC in trading volume for the first time since Bitcoin ETFs (exchange traded funds) were launched in the United States. The daily trading volume was $306 million (approximately 44.37 billion…
Traders prefer Bitcoin even as Ethereum ETF awaits | CoinDesk JAPAN
The current prices of Ethereum and Bitcoin futures indicate that traders expect Ethereum to underperform Bitcoin in the coming months. It remains unclear whether a Spot Ethereum ETF will go live this year, as the U.S. Securities and Exchange Commission…
10 US Bitcoin Spot ETFs Total Net Inflows of 19,000 BTC in January
Bitcoin ETF performance in January The 10 Bitcoin spot ETFs approved in the US on January 11th saw a total of 19,000 BTC (net flows) inflows. In US dollars, this is equivalent to $820 million. Of these stocks, Grayscale’s GBTC…
Bitcoin’s “Bollinger Band Width†follows the pattern just before the past surge | CoinDesk JAPAN
Just over three months ago, a technical indicator called the Bollinger Band Width based on the weekly chart of Bitcoin (BTC) signaled an increase in volatility. Sure enough, volatility increased ahead of the recent debut of spot BTC exchange-traded funds…
Germany’s second largest bank enters crypto asset trading: Bloomberg | CoinDesk JAPAN
According to Bloomberg, Germany’s second-largest bank, DZ Bank, plans to start testing crypto-asset (virtual currency) trading later this year. DZ Bank executive Souad Benkredda told Bloomberg that the bank, which is the central institution for about 700 cooperatives, wants to…
Japan’s first high-speed L1 stock Aptos (APT) to be listed on OKCoinJapan
Follow Sui OKCoinJapan announced on the 1st that it plans to start handling the crypto asset (virtual currency) “Aptos (APT)†in mid-February 2024. Aptos is compatible with sales offices and also provides savings investment services. Aptos, like Sui, is a…
Indian government announces budget, no change to strict tax policy on crypto assets | CoinDesk JAPAN
India does not appear to be making any changes to the controversial tax deducted at source (TDS) policy affecting the crypto-assets (virtual currency) industry. Finance Minister Nirmala Sitharaman presented the Budget in Parliament on February 1. Expectations were low that…
Bitcoin remains stable at $43,000 — concerns reignited due to drop in US regional bank stocks | CoinDesk JAPAN
Bitcoin (BTC) traded at $43,000 (approx. The Japanese yen (exchanged at 145 yen to the dollar) stabilized at around 145 yen per dollar. Shares of New York Community Bancorp (NYCB) have fallen more than 40% since January 30, hitting the…
El Salvador “continues Bitcoin policy†if President Bukele is reelected
“Maintain Bitcoin policy†El Salvador’s Vice President Felix Ulloa said on January 31 that the cryptocurrency Bitcoin (BTC) will remain the country’s legal tender during President Nayib Bukele’s second term. Reuters reported. Presidential elections will be held in El Salvador…
Bitcoin is in a stalemate, and there are multiple bullish signals such as large investor trends
Macroeconomics and financial markets In the US NY stock market on the 1st, the Dow Jones Industrial Average rose $369.5 (0.97%) from the previous day, setting a new record high. The Nasdaq index closed 197.6 points (1.3%) higher. connection:Ranking of…