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Weekly News

Read more about the article Bybit seeks VATP license in Hong Kong for crypto expansion

Bybit seeks VATP license in Hong Kong for crypto expansion

  • Post author:admin
  • Post published:February 2, 2024
  • Post category:Weekly overview

The cryptocurrency exchange submitted its license application on Jan 31. Bybit cryptocurrency exchange has applied for a Virtual Asset Trading Operator (VATP) license with the Hong Kong Securities and Exchange…

Continue ReadingBybit seeks VATP license in Hong Kong for crypto expansion
Read more about the article Spot Bitcoin ETFs add 151K BTC amidst GBTC dump in January

Spot Bitcoin ETFs add 151K BTC amidst GBTC dump in January

  • Post author:admin
  • Post published:February 2, 2024
  • Post category:Weekly overview

Despite aggressive selling by the Grayscale Bitcoin Trust ETF, all 10 spot Bitcoin ETFs collectively added nearly 19,000 BTC in January. Update 12:15 pm UTC, Feb 1: Added the latest…

Continue ReadingSpot Bitcoin ETFs add 151K BTC amidst GBTC dump in January
Read more about the article BTC price shows $60K ‘potential’ as MVRV metric copies Bitcoin bull cycles

BTC price shows $60K ‘potential’ as MVRV metric copies Bitcoin bull cycles

  • Post author:admin
  • Post published:February 2, 2024
  • Post category:Weekly overview

Bitcoin may see rapid 50% gains if MVRV behavior repeats the 2016 and 2020 runs to BTC price all-time highs. Bitcoin (BTC) is primed for a “surge” as it channels…

Continue ReadingBTC price shows $60K ‘potential’ as MVRV metric copies Bitcoin bull cycles
Read more about the article FCC chair proposes outlawing AI robocalls

FCC chair proposes outlawing AI robocalls

  • Post author:admin
  • Post published:February 2, 2024
  • Post category:Weekly overview

The proposal by Chairwoman Jessica Rosenworcel aims to prohibit robocall scams under the Telephone Consumer Protection Act, a 1991 law regulating automated political and marketing calls made without the receiver’s…

Continue ReadingFCC chair proposes outlawing AI robocalls
Read more about the article 19.4% Bitcoin portfolio allocation ideal for risk-adjusted returns — ARK Invest

19.4% Bitcoin portfolio allocation ideal for risk-adjusted returns — ARK Invest

  • Post author:admin
  • Post published:February 2, 2024
  • Post category:Weekly overview

ARK Invest’s annual research report suggests that institutional portfolios aiming for maximized risk-adjusted returns should have allocated 19.4% to Bitcoin in 2023. A 2023 research report from ARK Invest highlights…

Continue Reading19.4% Bitcoin portfolio allocation ideal for risk-adjusted returns — ARK Invest
Read more about the article Bitcoin mining firm Core Scientific mined $812M worth of BTC in 2023

Bitcoin mining firm Core Scientific mined $812M worth of BTC in 2023

  • Post author:admin
  • Post published:February 2, 2024
  • Post category:Weekly overview

Core Scientific, which filed its Chapter 11 bankruptcy plan in June 2023, emerged from bankruptcy on Jan. 27 and relisted its stock on the Nasdaq. Core Scientific became North America’s…

Continue ReadingBitcoin mining firm Core Scientific mined $812M worth of BTC in 2023
Read more about the article New York Community Bank plunges 40% after reporting $260M loss

New York Community Bank plunges 40% after reporting $260M loss

  • Post author:admin
  • Post published:February 2, 2024
  • Post category:Weekly overview

New York Community Bancorp acquired the assets and liabilities of the collapsed Signature Bank during the regional banking turmoil in 2023. New York Community Bancorp (NYCB), which purchased the collapsed…

Continue ReadingNew York Community Bank plunges 40% after reporting $260M loss
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