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JPMorgan Sees Significant Capital From Existing Crypto Products Pouring Into New Spot Bitcoin ETFs

JPMorgan Sees Significant Capital From Existing Crypto Products Pouring Into New Spot Bitcoin ETFs

The newly created ETFs could attract inflows of up to $36 billion from other crypto products like Grayscale Bitcoin Trust (GBTC), the report said.

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Tokenized Fund Adoption Grows but Brings Technology Risks: Moody’s

Entities providing tokenization tech have a limited track record and may contribute to increased risk, a new report by analysts at the credit-rating agency says.

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United Nations identifies USDT as prominent choice for fraud in SEA: FT

UN warned Monday that USDT has become a prominent payment method for criminal groups in Southeast Asia, the Financial Times reported.

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Venezuela Ends Controversial Petro Cryptocurrency: Reports

Venezuela is ending its Petro cryptocurrency on Monday, more than five years after it was first launched, according to multiple reports.

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In Failed Bitfinex Exploit Attempt, Billions in XRP Moved

The failed token transfers spooked some market watchers as they amounted to nearly half of XRP’s $30 billion market capitalization.

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Bitcoin’s Technicals Suggests Deeper Pullback to $38K: Analyst

Bitcoin’s RSI divergence signals correction, 10x Research said.

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Crypto market sentiment turns ‘neutral’ days after spot bitcoin ETF approval, index shows

The Crypto Fear and Greed Index fell to the ‘neutral’ level after staying in the ‘greed’ phase since late October.

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Weekly Preview: Coinbase v. SEC, big token unlocks, and more

Here’s what’s at stake in the SEC’s case against Coinbase, and why representatives of several crypto companies are heading to Davos this week.

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Tether’s market share grew by 21 points in 2023, now captures two-thirds of stablecoin supply

Crypto’s biggest company now has over 95 billion tokens in circulation, as other stablecoin issuers battle for its scraps.

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Tether’s market share grew 21 points in 2023 to capture two-thirds of total stablecoin supply

Crypto’s biggest company now has over 100 billion stablecoins in circulation, as other stablecoin issuers battle for its scraps.

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