The Block
Quick Take The SEC would have to classify ETH as not security before it could approve a spot Ethereum ETF in May, JPMorgan’s Nikolaos Panigirtzoglou told The Block.
Quick Take Bitcoin’s next halving event, when miner’s block rewards get cut in half, is just 100 days away based on estimates from CoinGecko and OKLink. Those estimates would see Bitcoin’s fourth halving arrive on April 22, with the block reward dropping from 6.25 to 3.125 BTC.
Despite a downturn in the cryptocurrency market, ether has posted gains, pushing the supply in profit to a multi-year high.
Quick Take The art auction house has opened bidding for its first-ever curated collection of Bitcoin Ordinals. The collection contains 19 pieces, including rare satoshis and work from the early Bitcoin Ordinals adopter Shroomtoshi.
After a memorable day one, spot bitcoin ETF volumes were once again significant during the second day of trading.
The price of bitcoin dipped below $46,000, a decrease of around 6.5% in the past 24 hours.BTC’s pull-back comes in the wake of heightened market volatility following the SEC’s spot bitcoin ETF approvals.
Quick Take Digital Currency Group subsidiary Genesis will reportedly give up its BitLicense and pay a $8 million fine. The firm allegedly made “little effort” to address AML and customer-disclosure deficiencies.
Bitwise saw $238 million of inflows into its spot bitcoin ETF on its first day of trading, early data shows.Preliminary data suggests it comes in ahead of BlackRock and Fidelity, but this is subject to change.
Quick Take Here are the five biggest talking points from yesterday’s spot bitcoin ETF debut. Coinbase saw a big increase in OTC bitcoin transactions while more products are being built on top of the ETFs.
Bitcoin futures ETF volumes — including ProShares, VanEck and Valkyrie funds — hit an all-time high of $2 billion yesterday.The surge comes just one day after hitting a prior-record high of $1.4 billion and coincides with a big first day for the 11 newly-launched spot bitcoin ETFs.
