Author: Satoshi Prime

Bitcoin Investing Made Simple!

Bitcoin Spot ETFs net $11M inflow, despite GBTC loss

Despite significant outflows from the Grayscale Bitcoin Trust, the overall spot Bitcoin ETF market saw positive inflows. Source link

Mt. Gox’s suspected Bitgo $2.1B BTC wallet activates

A test transaction from a dormant Mt. Gox wallet triggers speculation of Bitgo’s role in the ongoing Bitcoin distribution to creditors. Source link

Judge finds Ripple Labs liable for $125M penalty in SEC case: Law Decoded

Ripple faces a $125 million civil penalty after a federal judge rules in favor of the SEC, rejecting the agency’s $2 billion claim. Source link

Hong Kong virtual banks eye Web3 growth despite regulatory hurdles

Despite capturing just 0.3% of retail bank assets, Hong Kong’s virtual banks are exploring opportunities in the Web3 space. Source link

New platform tracks Bitcoin rollup performance in real time

Bitcoin Heartbeat by BVM offers a unique, real-time glimpse into Bitcoin’s L2 and L3 rollup projects, enhancing transparency and verifiability. Source link

Plus Token Ponzi-linked wallet moves $2B ETH after 3.3 years of dormancy

After 3.3 years of inactivity, cryptocurrency wallets linked to the Plus Token Ponzi scheme move $2 billion in Ether (ETH), potentially impacting the market. Source link

CoinDCX introduces protection fund to secure Indian crypto users

CoinDCX’s Crypto Investors Protection Fund will enhance user security by allocating 2% of brokerage income annually to safeguard assets. Source link

Japanese firm Metaplanet to invest $58.76M in Bitcoin

Metaplanet Inc. allocates 8.5 billion yen for Bitcoin, enhancing its crypto treasury amid Japan’s market volatility. Source link

UK body proposes property category for crypto assets, SEC sued over status of NFTs: Law Decoded

The Law Commission’s final report urges UK government to reclassify crypto assets, addressing current legal gaps. Source link

Bitcoin on edge as economy falters: 10x report

Findings from a 10x Research report reveal potential Bitcoin value drop below $50,000 amid US economic uncertainty, impacting the broader crypto market. Source link