Layer 1
The original cryptocurrency and proof-of-work blockchain.
A peer-to-peer electronic cash system launched in 2009. Proof-of-work mining secures a UTXO ledger with a fixed 21 million coin supply; Script, SegWit and Taproot enable programmable spending conditions, and the Lightning Network adds fast off-chain payments.
BitcoinBeginnerPresident Nayib Bukele is on track for a resounding re-election victory, according to data released shortly after polls closed on February 5th, 2024. Early indications suggest Bukele’s Nuevas Ideas party has garnered up to 87% of the vote, far outpacing its closest competitors. This decisive win…
#crypto#el-salvador#election
BitcoinBitcoin’s recent price gains have drawn attention to a key factor: the surge in stablecoin supply. Over the past month, stablecoin supply witnessed a significant 3.5% increase, injecting over $10 billion into the crypto market. This influx appears to be playing a crucial role in bolstering…
#crypto#stablecoins
BitcoinBeginnerThe recent approval of the first Bitcoin futures-based Exchange-Traded Fund (ETF) in the US sparked a frenzy in the cryptocurrency world. But whispers in the industry suggest this might just be the first step. Many believe Spot Bitcoin ETFs, which would directly track the price of Bitcoin, could…
#crypto#etfs
BitcoinBeginnerThe BlackRock Bitcoin ETF, launched in October 2023, has surpassed $2 billion in holdings, marking a significant milestone for the world’s largest asset manager’s entry into the cryptocurrency market. This comes as outflows from the Grayscale Bitcoin Trust (GBTC), a popular investment vehicle for…
#crypto#etfs
BitcoinBeginnerThe Hong Kong Securities and Futures Commission (SFC) has received its first spot Bitcoin BTC$42,188 exchange-traded fund (ETF) application, just weeks after the Securities and Exchange Commission of the United States authorized the first spot BTC ETF. Harvest Hong Kong, one of China’s largest…
#crypto#etfs#sec
BitcoinBeginnerThe SatoshiVM (SAVM) token, promising access to a self-governing blockchain dubbed “the ultimate Ethereum scaling solution,” faced a tumultuous ride today, plummeting as much as 38% amidst controversy surrounding its association with crypto data platform Ape Terminal. The Fall from Grace SAVM’s…
#crypto#fraud#scam
BitcoinBeginnerJust a week after South Korea’s Financial Services Commission (FSC) warned against trading the US-based spot Bitcoin BTC $41,173 exchange-traded funds (ETFs), the Presidential Office is urging the regulator to reconsider its position. According to a local report from Maekyung, on January 18, the…
#crypto#etfs#south-korea
BitcoinBeginnerBinance users who filed a proposed class-action lawsuit against Cristiano Ronaldo for promoting the cryptocurrency exchange are now looking for other ways to reach the elusive soccer player, including X (formerly Twitter). The motion, filed on January 16, 2024, argues for alternative services due…
#binance#crypto
BitcoinBeginnerThe Government Accountability Office (GAO), an independent federal agency, has weighed in on the long-awaited saga of Bitcoin Exchange-Traded Funds (ETFs) in the United States. In a recent report, the GAO made several key recommendations to the Securities and Exchange Commission (SEC) for…
#crypto#etfs#sec
BitcoinBeginnerThe burgeoning Bitcoin Exchange-Traded Fund (ETF) market has sent shockwaves through the financial world, witnessing a volume surge that dwarfs the combined daily figures of all 500 ETFs launched in 2023! This unprecedented rise signifies a pivotal moment for Bitcoin within traditional finance and…
#crypto#etfs#united-states
BitcoinBeginnerThe long-awaited arrival of Bitcoin Exchange-Traded Funds (ETFs) in the U.S. finally unfolded with a flurry of trading activity and varying fortunes among the debuting products. Among the pack, Bitwise emerged as the clear winner on Day 1, attracting the most inflows for its “spot” Bitcoin ETF.…
#crypto#etfs
