701 New Funds Now Report Holding Bitcoin Spot ETFsAfter the second-quarter 13F report deadline, 701 new funds reported holdings in spot Bitcoin ETFs, bringing the total number of holders to nearly 1,950. Hedge funds, pensions, and banks are increasingly investing in direct Bitcoin ETFs, indicating s

Overview:Catch up the highlights from August 1 to August 15, 2024. During this period, with the efforts of the team and the support of global users, the global ranking of the FameEX platform has risen to 27th, setting a new record! In addition, the FameEX APP has also been upgraded to Android V3.5.5

Bitcoin’s price has declined as interest in leveraged long BTC futures and stablecoins diminishes. Source: ekonomimanset.comSince August 8, Bitcoin has been trading within a narrow range, unable to break above $62,000 while maintaining support around $58,000. This period of consolidation highlights

2024 marks a pivotal year in the evolution of cryptocurrencies since Bitcoin's inception. The crypto market has witnessed remarkable growth in regulatory compliance, mainstream financial adoption, and a substantial influx of capital. The era where retail investors predominantly drove the market appe

1. BTC Market TrendFrom August 12 to August 14, the BTC spot price swung from $57,669.08 to $61,631.25, a 6.87% range. In the past three days, key statements from the Federal Reserve (Fed) were as follows:1) On August 12, Fed Governor Collins stated that if data progresses as expected, a rate cut co

The first Solana spot exchange-traded fund (ETF) is poised to make its debut on the Brazilian stock exchange, potentially ahead of other global markets. This ETF is currently awaiting final approval from the Brazilian stock exchange, B3, after reportedly receiving clearance from Brazil’s Securities

Marathon Digital has recently made a substantial addition to its Bitcoin holdings by purchasing 4,144 BTC, valued at approximately $249 million.Source: theconversation.comThis acquisition was financed through part of the $300 million raised from a recent senior note offering. On August 14, Marathon

U.S. Senate Targets Year-End Passage for Cryptocurrency Regulation BillOn August 15, U.S. Senate Majority Leader Chuck Schumer announced at the Crypto4Harris Town Hall Meeting that Congress plans to pass a cryptocurrency regulation bill by year-end. He stressed the importance of balanced legislation

Bitcoin exchange traded funds (ETFs) in the United States are on track to surpass the estimated Bitcoin holdings of Satoshi Nakamoto, the pseudonymous creator of the cryptocurrency.Source: www.fool.comThese ETFs have been adding approximately 37,510 BTC to their collective holdings each month. Curre

Over the past week, Tether and Circle have issued more than $2.5 billion in stablecoins, a development that 10x Research suggests could act as a catalyst for a potential Bitcoin rally. Markus Thielen, a prominent market researcher at 10x Research, believes this surge in stablecoin issuance may indic