Crypto News
Bitcoin ETFs Hit $6.3 Billion Inflows in November
November saw total inflows for bitcoin exchange-traded funds (ETFs) surpass previous monthly records, reflecting heightened institutional and retail interest. Record Month for Bitcoin ETFs November 2024 marked a significant milestone for bitcoin exchange-traded funds (ETFs), with a record-breaking net inflow of $6.3 billion in investor funds, highlighting renewed confidence in the cryptocurrency sector. According toSource link
Bitcoin Mining Revenue Rises as Public Firms Reap Sizable Stock Gains: JP Morgan
As Bitcoin surged to new all-time highs in November, miners saw revenues spike—and publicly traded mining firms won big.Source link
Bolivia Becomes a Hotbed After Lifting Crypto Blanket Ban
The Central Bank of Bolivia shared numbers that show the country’s crypto activity is overheating. According to the institution’s data, purchase and sales operations for crypto assets grew over 100% after the bank lifted a blanket ban on crypto operations earlier this year. Bolivia Heats up With Crypto Adoption, Over 252,000 Hold Digital Assets Bolivia,Source link
Fidelity, Schwab, Citadel-Backed Crypto Exchange EDX Markets Appoints New CEO
EDX Markets, the institution-only crypto exchange that started operations in June 2023 with support from Wall Street giants like Fidelity, Charles Schwab and Citadel Securities, has appointed its current chief technology officer, Tony Acuña-Rohter, as CEO.Wall Street veteran Jamil Nazarali, the founder and current CEO of the exchange, will move to the position of executive chairman of the board, according to a press release.Acuña-Rohter previously served as the chief technology officer of the firm since joining in 2022. Before EDX, he was the CTO of ErisX, a crypto firm acquired by Cboe in late 2021 that led to the start of Cboe Digital, the crypto arm of Cboe.“I am proud to have led EDX through its initial start-up phase and...
Nike Is Killing Its Ethereum NFT Sneaker and Avatar Company RTFKT
Three years after being acquired by Nike and launching both digital and physical sneakers featuring the iconic swoosh, RTFKT is closing down.Source link