Analysis
Culture
Old Cobie post surfaces predicting the Bitcoin ETF run up scenario almost on the dot
Cobie responded to the old post and said he "can't even remember" writing it and cautioned against taking things out of context in isolation.
ETF
BlackRock scoops up 11,500 BTC during dip as ETF leads the pack
The purchase by BlackRock effectively represents about 13 days' worth of Bitcoin production being absorbed by a single player.
ETF
Gensler calls Bitcoin ETFs ‘ironic’ due to their centralized nature, responds to Warren
SEC Chair Gary Gensler emphasizes respect for legal rulings in approving Bitcoin ETFs, despite calling their centralized nature ironic.
Legal
Genesis forfeits BitLicense, pays $8 million to settle NYDFS lawsuit
The NYDFS investigation into Genesis found major deficiencies in its compliance with financial regulations related to illicit financial activity.
Culture
Jim Cramer calls “major top” for Bitcoin a week after praising its growth
His tweet, discussing insights from trader Larry Williams, marked a departure from his earlier bullish comments on Bitcoin.
ETF
Spot Bitcoin ETF trading volume breaks above $4 billion on first day
Initial trading volume points to an optimistic future for Bitcoin, which has held steady despite many claiming the approval to be a "sell the news" event.
ETF
Vanguard to ban all Bitcoin ETFs on its platform
The decision to ban all Bitcoin ETFs from Vanguard's platform was first reported by a senior ETF analyst at Bloomberg on social media.
Crypto
Cathie Wood believes Bitcoin will hit $1.5M by 2030 in a bull scenario
Wood said that the SEC green light further increases the probability of the bull case for Bitcoin as it's a major step toward mainstream adoption of the digital asset.
ETF
SEC approves spot Bitcoin ETFs after 11 years of rejections
After over a decade of hesitation, the SEC's green light for spot Bitcoin ETFs signals a new era for crypto in mainstream finance.
ETF
Spot Bitcoin ETF approvals imminent as tickers go live on Bloomberg, Fidelity
Bloomberg ETF analyst Eric Balchunas expects the SEC will make the official approval announcement between 4pm to 6pm Eastern Time.
Adoption
Fundstrat’s Tom Lee predicts $500k Bitcoin in 5 years as institutions begin pouring in
Lee believes that institutional adoption will increase the legitimacy of Bitcoin and attract large-scale investments, boosting demand and, consequently, its price.
DeFi
CFTC says DeFi poses ‘serious risks’ due to lack of accountability
According to the report, the lack of accountability and transparency in DeFi protocols pose substantial threats to consumer and investor protection, financial stability, and market integrity.