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ARK offloaded $13M worth of GBTC shares last week.
Traders have increasingly favored these networks over Ethereum for their lower transaction fees and faster speeds.
Black Rock's ETF proposal now includes cash redemptions, a concession to the SEC that may improve the fund's approval odds.
Bitcoin has pulled back below the $42,000 level, causing almost $16 million in long liquidations.Conversely, major stock indices continued to post gains two days after the Fed’s latest rate pause.
Like it or not, dog tokens are driving big business in the crypto markets.
The U.S. central bank yesterday signaled that far easier monetary policy is in store for 2024.
Ether is expected to outperform bitcoin and other cryptocurrencies next year due to the Ethereum blockchain’s EIP-4844 upgrade, the report said.
- 17:06Fed Chair Powell: Keep rates at current levels, wait for evidence of further reductions in inflationFederal Reserve Chairman Jerome Powell said, we will maintain interest rates at current levels, waiting for evidence of further reductions in inflation. Long-term interest rates have risen, but this is not related to inflation, and the Fed will do all it can to ensure that stricter regulatory measures are gradually extended from large banks to small banks. If the Consumer Financial Protection Bureau (CFPB) is disbanded, there will be no federal regulator to examine large banks for consumer protection.
- 17:05Bitcoin's Average Transaction Confirmation Time in 2025 Reaches 19 Minutes, Highest EverAccording to Cointelegraph, Bitcoin confirmation times will reach an all-time high in 2025, taking an average of 19 minutes per transaction. Network congestion, block size limits, and fee dynamics are the main factors contributing to the delays. Network congestion, block size limitations, and fee dynamics all contribute to latency.