Tag: Launch

BlackRock IBIT ETF logs first zero-inflow day since US Bitcoin ETF launch

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BlackRock iShares Bitcoin Trust (IBIT) has seen its first day of $0 inflows since Bitcoin ETFs were launched in the United States in January. Since its start on Jan 11, IBIT has continuously drawn millions of dollars in daily investments, totaling approximately $15.5 billion in just 71 days. However, BlackRock’s inflow run ended on April 24, when it recorded $0 inflows. Bitcoin ETF Flow (US$ million) – 2024-04-24 TOTAL NET FLOW: -120.6(Provisional data) IBIT: 0FBTC: 5.6BITB: 0ARKB: 4.2BTCO: 0EZBC: 0BRRR: 0HODL: 0BTCW: 0GBTC: -130.4DEFI: 0 For all the data &…

Crypto Exchange Okx Partners With Manchester City to Launch Football Shirts Mintable as Digital Collectibles

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Okx and the English football club Manchester City have partnered to launch commemorative football shirts that can be minted as non-fungible tokens (NFTs). Fans of Manchester City, the reigning English football champions, will be able to mint the “Unseen City Shirts” digital collectible from April 22-25. Authentic Fan Engagement The cryptocurrency exchange Okx and the […] Source

Swiss Bitcoin advocates launch campaign to include BTC in National Bank reserves

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Multiple Swiss Bitcoin advocates are spearheading a renewed campaign to persuade the Swiss National Bank to include Bitcoin (BTC) in its reserves through a constitutional referendum. Yves Bennaïm, who leads the non-profit think tank 2B4CH driving this initiative, argued that integrating Bitcoin into the national bank’s reserves is critical for maintaining Switzerland’s “sovereignty and neutrality” growing global instability. Speaking to a Swiss news outlet, Neue Zürcher Zeitung, on April 20, Bennaïm mentioned that they are finalizing the organizational setup and drafting necessary documents to be submitted to the State Chancellery…

Bitcoin.com Announces Launch of Verse Voyager NFTs With Exclusive Airdrop — Public Sale to Start April 24

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Bitcoin.com, a trailblazer in the cryptocurrency domain since 2015, is thrilled to unveil the highly anticipated Verse Voyager NFT collection, which has officially launched with an exclusive airdrop of nearly 10% of the collection’s supply to early community participants. The public sale is scheduled to commence on April 24th at https://voyager.verse.bitcoin.com/, making this innovative series […] Original

Grayscale’s Bitcoin ETF fund has lost half of assets since launch

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The volume of Bitcoins managed by Grayscale Bitcoin Trust has decreased by almost 50% since the conversion to a spot ETF. Unlike other issuers such as BlackRock or Fidelity, Grayscale’s investment vehicle launched on the New York Stock Exchange with approximately 619,220 BTC. According to Coinglass, the volume of cryptocurrency in Grayscale Bitcoin Trust (GBTC) had at its disposal as of April 16 has decreased to 311,621 BTC. Source: Coinglass Since January, the value of assets under management (AUM) has decreased by only 31% from $28.7 billion to $19.6 billion…

Umoja Partners With Merlin Chain to Launch Bitcoin’s First High-Yield Synthetic Dollar

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The smart money protocol Umoja has joined forces with the Bitcoin layer two (L2) initiative, Merlin Chain, to roll out a Bitcoin-based high-yield synthetic dollar. The newly introduced stablecoin is engineered to uphold a self-sustaining peg via transparent, onchain trading techniques developed by Umoja. Merlin Chain and Umoja Reveal USDb: The New High-Yield Synthetic Dollar […] Original

Germany’s Largest Federal Lender LBBW Ventures Into Crypto Custody, Targets Mid-2024 Launch

Landesbank Baden-Württemberg (LBBW), Germany’s largest federal bank, has announced plans to offer crypto custody services later in the year. LBBW revealed its collaboration with Bitpanda, based in Austria, and stated that it will begin these services focusing on bitcoin and ethereum, the top two cryptocurrencies by market capitalization. LBBW and Bitpanda Collaborate to Offer Bitcoin […] Source CryptoX Portal