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teatree
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@teatree
0
about 1 year ago
crypto
London Stock Exchange to accept applications for Bitcoin-backed Exchange-Traded-Notes
The UK 2023 Financial Services Act instructed the Financial Conduct Authority (FCA) to come up with a framework that allowed investors to buy crypto in a safe way. The FCA has…
@teatree
0
about 1 year ago
crypto
The European Central Bank has a go at Bitcoin
This is what they wrote in response to the SEC in the United States giving approval to Bitcoin ETFs: On 10 January, the US Securities and Exchange Commission (SEC) approved…
@teatree
0
about 1 year ago
crypto
Bitcoin pumped to $63,734!
... before profit taking brought it down to around $61,000. Here is the one-day chart: source The move from $56,950 to $63,734 in a single day i
@teatree
0
about 1 year ago
crypto
All this crazy talk of $10 Hive - where would the money come from?
Bitcoin has now passed $54,000, and is on it's way to reaching $69,000 (the previous all-time high) at the very least. Ethereum is above $3,100. So of course there has been a…
@teatree
0
about 1 year ago
crypto
Genesis gets permission to sell Grayscale Bitcoin Trust shares
Genesis Global (the crypto lender that was at the centre of a lot of "Earn" programs) is currently in the process of bankruptcy. Last week, the bankruptcy court gave Genesis…
@teatree
0
about 1 year ago
crypto
OTC desks are getting drained of bitcoins
Large investors, including Wall Street types and the new Bitcoin ETFs, tend to buy their coins discreetly from Over The Counter (OTC) brokers, rather than through the exchanges.…
@teatree
0
about 1 year ago
crypto
How are Bitcoin ETFs doing, one month in?
It's a month since the SEC approved Bitcoin ETFs, and a net $2.8bn is now held in these ETFs. Here is the breakdown: source As you can see from the above
@teatree
0
about 1 year ago
crypto
Hive doesn't seem to be following the broad crypto market up
If you look at the top 100 cryptocurrencies, they all have upward sloping graphs - they're being pulled up by Bitcoin, which breached $50,000 yesterday, up from $22,200 this time…
@teatree
0
about 1 year ago
crypto
Bitcoin wallets with more than 1000 bitcoins surge
This is the ETF effect. 77 new wallets with balances of over 1000 Bitcoin have been added in the last 2 weeks alone. Here's the graph: source The SEC app
@teatree
0
over 1 year ago
crypto
The fall in the Bitcoin price is down to Grayscale liquidating
In the last few hours, Grayscale have sent another 19,000 bitcoins (worth $760,000,000) to Coinbase. Here's the evidence of the transactions: source It l
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