Download App

iOS & Android

Bitcoin $65,557.77 -2.74%
Ethereum $2,476.00 -5.73%
BNB $575.08 -3.20%
Optimism $1.67 -1.88%
Arbitrum $0.55 -5.81%
Solana $167.31 -0.56%
Polygon $0.35 -4.67%
Cosmos $4.58 -3.80%
Avalanche $26.10 -5.76%

BlackRock and Fidelity’s Bitcoin ETF Filings Could Be Bullish Catalysts for Cryptocurrency Markets

June 28 (Cointime) - BlackRock's filing for a Bitcoin ETF has contributed to the recent rally in the cryptocurrency market. Fidelity Investments' own filing for a Bitcoin spot ETF could also have a positive impact. Despite institutional investor focus, retail traders still hold significant power in the market.

Bitcoin remains in a tight price range, while Ether's narrow range trading has resulted in a downside resolution. Other cryptocurrencies, such as XRP, Cardano, Dogecoin, Solana, Litecoin, and Polygon, are also experiencing fluctuations in price and facing resistance levels.

BlackRock Bitcoin ETF

Original Link

Comments

All Comments

Recommended for you

JUP breaks through $1

Golden Finance reported that according to market data, JUP has broken through $1 and is currently trading at $1.01, with a 24-hour increase of 3.06%. The market is volatile, so please be prepared for risk control.
Shenyu: The widespread existence of blind signature issues provides hackers with opportunities to take advantage of, and the problem must be solved

Bitfish (@bitfish1) posted on X platform, stating that when there are security risks on the front end, hardware wallets should ensure asset security as the last line of defense. However, at present, blind signature issues are prevalent, which provides hackers with opportunities. This problem must be solved.
US CFTC: Federal court was "wrong" to allow Kalshi to launch prediction market

Lawyers from the US Commodity Futures Trading Commission (CFTC) argued in a brief submitted to an appeals court that a federal judge "wrongly" allowed Kalshi to list and trade election contracts, and reiterated many of its arguments made in a lower court. Last month, a judge ruled that the CFTC could not prohibit Kalshi from listing election contracts. The regulatory agency applied for a stay to prevent the company from launching the product before the appeal's outcome, but the court's judge ruled that the CFTC failed to prove irreparable harm would be caused.
a16z releases 2024 State of Cryptocurrency Report, seven findings shed light on the current state of the crypto industry

According to a report released on Wednesday by a16z crypto, the following seven survey results were published regarding their views on the state of cryptocurrency in 2024:
The head of the Financial Supervisory Service of South Korea: We are investigating various abnormal transactions including AVAIL on Bithumb

On October 17th, the Chairman of the Financial Supervisory Service of South Korea, Lee Ju-yeol, stated during a parliamentary audit that "we are investigating the issue of AVAIL coins traded on Bithumb." AVAIL was listed at 263 Korean won on July 23rd and rose to 3,500 Korean won within 15 minutes, but it fell to 296 Korean won less than a day later, raising suspicions of price manipulation. In response, Min Byoung-dug, a member of the South Korean Democratic Party, stated that "the AVAIL token incident means that Bithumb's own abnormal trading system did not work at all. Bithumb said that only trades that account for more than 5% of the total issuance would be considered abnormal trades."
76% of 80 family offices and high net worth individuals in Asia are involved in digital assets, and another 18% plan to invest in the future

According to a report by Aspen Digital, a wealth management platform, 76% of private wealth in Asia has entered the digital asset space (compared to 58% in 2022), and another 18% plan to invest in the future. The report surveyed 80 family offices and high-net-worth individuals across Asia, most of whom manage assets between $10 million and $500 million.
Cointime July 27th News Express

1. As of July 25, BlackRock IBIT held more than 338,000 bitcoins, an increase of more than 1,092 bitcoins from the previous day.
As of July 25, BlackRock IBIT held more than 338,000 bitcoins, an increase of more than 1,092 bitcoins from the previous day.

BlackRock's official update on the Bitcoin ETF shows that as of July 25th, the market value of IBIT has reached $21,890,121,436.41, and the position has increased to 338,128.5551 BTC, an increase of 1,092.7881 BTC from the previous trading day.
Cointime July 20th News Express

1. BlackRock IBIT saw a total net inflow of $705 million this week
BlackRock IBIT saw a total net inflow of $705 million this week

TraderT monitored that Belad IBIT had a net inflow of 1,730 BTC yesterday, with a trading volume of 1.8 billion US dollars. In the 28th week since its listing, IBIT has accumulated a net inflow of 705 million US dollars.

Daily Must-Read

Popular Activities

Delysium $AGI & AI Private Yacht Party

March 27 - March 27

Seoul

Recently Searched

Hot Coins

Trending

Daily Must-Read

Welcome Back

Join CoinTime

Sign in with email

Sign up with email

Check your inbox

BlackRock and Fidelity’s Bitcoin ETF Filings Could Be Bullish Catalysts for Cryptocurrency Markets

All Comments

Recommended for you

JUP breaks through $1

Shenyu: The widespread existence of blind signature issues provides hackers with opportunities to take advantage of, and the problem must be solved

US CFTC: Federal court was "wrong" to allow Kalshi to launch prediction market

a16z releases 2024 State of Cryptocurrency Report, seven findings shed light on the current state of the crypto industry

The head of the Financial Supervisory Service of South Korea: We are investigating various abnormal transactions including AVAIL on Bithumb

76% of 80 family offices and high net worth individuals in Asia are involved in digital assets, and another 18% plan to invest in the future

Cointime July 27th News Express

As of July 25, BlackRock IBIT held more than 338,000 bitcoins, an increase of more than 1,092 bitcoins from the previous day.

Cointime July 20th News Express

BlackRock IBIT saw a total net inflow of $705 million this week

Daily Must-Read

Uniswap Labs, UNI holders could make $468M a year from new L2: DeFi Report

Avalanche Foundation to buy back nearly 2M AVAX sold to Terra in 2022

Gold Fever Hits Costco: 77% of Stores Sell Out Amid Soaring Demand for Bullion

$500M Bitcoin Buried in Landfill: Man Sues City After Decade-Long Battle for Recovery

Former BAYC creative director Jeff Nicholas joins Meta’s Reality Labs

Why is Solana's Dogwifhat (WIF) memecoin crashing?

Popular Activities

Delysium $AGI & AI Private Yacht Party

Popular Tags

Share