BlackRock’s spot BTC ETF tops $720M in daily volume, marking highest level to date

BlackRock's total inflows are set to surpass $5 billion once trading closes for the day, bringing its Bitcoin hoard to a little over 96,669 BTC.

Happy Thursday!

The global crypto market cap is $1.95 trillion, with a 24-hour volume of $91.21 billion. The price of Bitcoin is $52,148.09, and BTC market dominance is 52.3%. The price of Ethereum is $2,829.18, and ETH market dominance is 17.4%. The best-performing sector is IoT, which gained 17%. The Crypto Fear & Greed Index is currently Greed (72).

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Top News

BlackRock’s spot BTC ETF tops $720M in daily volume, marking highest level to date

BlackRock's total inflows are set to surpass $5 billion once trading closes for the day, bringing its Bitcoin hoard to a little over 96,669 BTC.

Genesis secures court approval to sell GBTC shares worth $1.3 billion

The sale is poised to inject substantial liquidity into Genesis, which has been navigating through financial complexities.

CNBC host Joe Kernen defends Bitcoin after Gensler claims its ‘not that decentralized’

Gensler's assertions sparked a rebuttal from CNBC host Joe Kernen, who championed Bitcoin's decentralized ledger as a foundational feature that bolsters its integrity and appeal.

Latest Insights

• BlackRock and Fidelity lead as Bitcoin ETFs capture $340 million in a single day

• Bitcoin ETFs attract $4.1 billion amid $3 billion gold outflows

• Historic exchange withdrawal prices in profit for BTC as upward cost basis trend begins

• Bitcoin’s short-term holders enjoy gains with price surge to $52,000

Project Report

Salty.IO - Revolutionizing DeFi with Automatic Atomic Arbitrage

Salty.IO introduces a revolutionary blockchain salt-hashing mechanism to enhance data security and privacy.

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Bitcoin mining difficulty set to hit record high today amid US miner scrutiny

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Treasury official confirms crypto makes up ‘small fraction’ of Hamas’ fundraising

Recent narratives, fueled by last year's media reports, suggested a significant use of crypto by terrorist groups like Hamas, especially following attacks in Israel.

Tron founder unveils Bitcoin layer-2 solution as BTC DeFi breaks $1.2 billion in TVL

The total value of assets locked on the Bitcoin network has surpassed the $1 billion threshold for the first time, per DeFillama data.

Chainlink and Telefonica join forces to combat SIM swap attacks as LINK up 30% in Feb

Chainlink's LINK has enjoyed a positive week, rising nearly 8% during the period.

Ark Invest offloads $34 million in Coinbase while shares jump 7% pre-market ahead of earnings report

Coinbase will release its earnings report for the 2023's Q4 at market close today.