Crypto Currency

US Bitcoin ETFs see $903 million inflow as 2024 confirmed $44.2 billion gain globally

Crypto-related products recorded a remarkable $44.2 billion in inflows last year—almost four times higher than the previous all-time high of $10.5 billion set in 2021. According to CoinShares’ latest report, this record-breaking performance is attributed to the introduction of US spot-based exchange-traded funds (ETFs), which significantly influenced global investments…

Crypto-related products recorded a remarkable $44.2 billion in inflows last year—almost four times higher than the previous all-time high of $10.5 billion set in 2021. According to CoinShares’ latest report, this record-breaking performance is attributed to the introduction of US spot-based exchange-traded funds (ETFs), which significantly influenced global investments…
Read More

Be the first to write a comment.

Leave a Reply

Your email address will not be published. Required fields are marked *

Crypto Currency

Strategy’s STRC Bitcoin-Backed Instrument Challenges Traditional Fixed-Income Markets

TLDR: STRC provides 11% fiat-denominated annual income with senior claim status on Strategy’s Bitcoin holdings.  The instrument bypasses traditional banking infrastructure by routing capital directly through Bitcoin purchases.  Institutional investors view STRC as competition for credit funds, municipal bonds, and money market funds.  Product creates feedback loop where increased demand drives Bitcoin purchases and strengthens

TLDR: STRC provides 11% fiat-denominated annual income with senior claim status on Strategy’s Bitcoin holdings.  The instrument bypasses traditional banking infrastructure by routing capital directly through Bitcoin purchases.  Institutional investors view STRC as competition for credit funds, municipal bonds, and money market funds.  Product creates feedback loop where increased demand drives Bitcoin purchases and strengthens […]
The post Strategy’s STRC Bitcoin-Backed Instrument Challenges Traditional Fixed-Income Markets appeared first on Blockonomi…
Read More

Continue Reading
Crypto Currency

Trump’s Fed pick Kevin Warsh is “not nervous” about Bitcoin while plotting a digital dollar takeover

President Donald Trump announced he will nominate former Federal Reserve Governor Kevin Warsh to lead the US central bank. In a Jan. 30 post on Truth Social, the president confirmed the selection, writing: Trump’s move follows months of internal jockeying over who would replace Chair Jerome Powell when his term ends in May…

President Donald Trump announced he will nominate former Federal Reserve Governor Kevin Warsh to lead the US central bank. In a Jan. 30 post on Truth Social, the president confirmed the selection, writing: Trump’s move follows months of internal jockeying over who would replace Chair Jerome Powell when his term ends in May…
Read More

Continue Reading
Crypto Currency

Bitcoin miners are making millions by shutting down because of a massive US winter storm

Earlier this week, a sweeping US winter storm pushed Bitcoin miners to curtail, pulling a noticeable chunk of computing power off the network in a short window. Data shows a 40% dip in hashrate between Jan. 23 and Jan. 25, with around 455 EH/s going offline…

Earlier this week, a sweeping US winter storm pushed Bitcoin miners to curtail, pulling a noticeable chunk of computing power off the network in a short window. Data shows a 40% dip in hashrate between Jan. 23 and Jan. 25, with around 455 EH/s going offline…
Read More

Continue Reading
Crypto Currency

Crypto market crashes erasing $220B as Israel strikes Gaza with ETH and XRP leading weekend losses

Ethereum and XRP just fell off a cliff in weekend trading, Bitcoin barely flinched, and the timing might matter Crypto has a habit of saving its worst moves for the hours when people are least prepared to deal with them. That was the vibe on Saturday…

Ethereum and XRP just fell off a cliff in weekend trading, Bitcoin barely flinched, and the timing might matter Crypto has a habit of saving its worst moves for the hours when people are least prepared to deal with them. That was the vibe on Saturday…
Read More

Continue Reading