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Bitcoin surpasses silver to become second largest ETF commodity in the US
Bitcoin surpasses silver to become second largest ETF commodity in the US

Bitcoin has bypassed silver to become the second largest ETF commodity asset class in the U.S. in terms of assets under management.

The Block·2024/01/18 15:35
How the new spot bitcoin ETFs might impact crypto market dynamics
How the new spot bitcoin ETFs might impact crypto market dynamics

The launch of spot bitcoin ETFs in the U.S. is likely to redistribute the supply of bitcoin from whales to new entrants, according to blockchain analytics firm Nansen.Increased liquidity from investors may lead to lower volatility over time, yet significant fluctuations in risk-off events are still expected, Principal Research Analyst Aurelie Barthere said.

The Block·2024/01/18 14:57
Bitwise CEO confirms $370 million inflows for its Bitcoin ETF in blazing four-day debut
Bitwise CEO confirms $370 million inflows for its Bitcoin ETF in blazing four-day debut

Observers said the impressive number places Bitwise ETF among the top 25 ETFs launched in 2023 by AUM.

Crypto Slate·2024/01/18 13:14
BlackRock eyes blockchain beyond Bitcoin through smart contract supply chains
BlackRock eyes blockchain beyond Bitcoin through smart contract supply chains

Equities ETF head Jay Jacobs shows BlackRock looking to blockchain as key for 'security and immutability.'

Crypto Slate·2024/01/18 13:14
Ether call options concentrate on $2,550 for Friday's expiry on Deribit
Ether call options concentrate on $2,550 for Friday's expiry on Deribit

There is a notable concentration of call options for ether with a strike price of $2,550 for the Jan. 19 expiry on Deribit.Anticipation of potential ether spot ETFs is attracting investor attention to the asset, according to analysts.

The Block·2024/01/18 12:40
Flash
16:10
Veteran Short Seller Chanos Claims SpaceX IPO Supported by 'Hope and Dreams', Valuation Hard to Justify
On June 12, veteran short seller James Chanos stated that the highly anticipated IPO of SpaceX is driven more by investor enthusiasm for Elon Musk and artificial intelligence rather than financial fundamentals. He believes it is difficult to justify the company's valuation based on any reasonable business assumptions. The founder of Chanos & Co. remarked that as investors pour money into speculative growth narratives, this deal represents a key test of market sentiment ahead of SpaceX's much-watched IPO. Speaking at the iConnections Global Alts conference in New York, Chanos said, 'We are looking at a $75 billion IPO with a valuation close to $2 trillion, while the company's revenue is $19 billion and free cash flow is negative. This is indeed an IPO supported by hope and dreams.'
15:56
CME FedWatch: Fed Rate Hike Probability Reaches 69%
BlockBeats News, June 11th, according to CME's "FedWatch" data, the probability of a Fed rate hike this year is 69%, with a 43.4% probability of a 25 basis point hike, a 21.2% probability of a 50 basis point hike, a 4.1% probability of a 75 basis point hike, and a 0.3% probability of a 100 basis point hike.
15:50
SpaceX IPO Attracts $5 Billion Blackstone Anchor Order
BlockBeats News, June 11th, according to sources, the SpaceX IPO has attracted at least a $5 billion subscription order from Blackstone.
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