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blockchain crypto cryptocurrency btc etf gbtc (SpotedCrypto)

Bitcoin Spot ETF Holdings Increase by 3,301 BTCs on February 22 Alone, Demonstrating the Role of Institutional Investors

According to LookOnChain, the BTC holdings of eight U.S.-traded bitcoin spot ETFs increased by approximately 3,301 BTC on February 22nd alone. BlackRock's ETF added 1,891 BTC, while Grayscale's GBTC saw its bitcoin holdings drop by 2,652 BTC on the day. Meanwhile,

blockchain crypto cryptocurrency us political issue (SpotedCrypto)

In the U.S. political arena, supporters and opponents of cryptocurrencies are clashing.

U.S. Representative Tom Emmer, one of the most prominent pro-crypto figures in the U.S. House of Representatives, has written a letter to the Biden administration claiming it is abusing its authority by unfairly targeting bitcoin miners, Fox Business exclusively reported. Emmer sent a letter to the Energy Information

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Do-hyung Kwon (D0-Kwon), the mastermind behind the Tera-Luna scandal, will finally be extradited to the United States.

On March 22, the High Court of Podgorica, Montenegro, approved the extradition of Tera founder Kwon Do-hyung to the U.S. He had argued that he should be extradited to South Korea, according to Protos. The U.S. court set a March 25 trial date for Kwon, who has been

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S&P warns ETH spot ETF could increase Ethereum centralization risk

Global credit rating agency Standard & Poor's (S&P) warned in a report that "the approval of an ETH spot ETF could increase the centralization risk of the Ethereum network". "A U.S. ETH spot ETF could accelerate the centralization of validators on the

blockchain crypto cryptocurrency coinbase eth ethereum (SpotedCrypto)

Coinbase Submits Comment Letter to US SEC..."ETH is not a security"

Paul Grewal, Coinbase's Chief Legal Officer (CLO), announced via X that the company has submitted a 27-page comment letter to the U.S. Securities and Exchange Commission (SEC) regarding its review of the grayscale ETH Spot ETF. "In the comment letter, we conveyed our view that ETH

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US FOMC Minutes "Interest rates, likely to have peaked... Too rapid a rate cut carries risks"

The US Federal Reserve released the minutes of its Federal Open Market Committee (FOMC) meeting. Members said that the federal funds rate has likely peaked for this cycle. A majority of members noted the risks of cutting rates too quickly, with some saying there was a risk of stalling inflation

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Microstrategy's Michael Saylor: "No reason to sell winners to buy losers"

In an interview with Bloomberg TV, Michael Saylor said, "The bitcoin spot ETF has opened the gateway for institutional capital to enter the bitcoin ecosystem," adding that "hundreds of millions of dollars of capital are flowing from the analog economy into the digital economy every day."