The Floki DAO unanimously approved a liquidity allocation on December 27, 2024, to facilitate the creation of a Floki Exchange-Traded Product (ETP) on the SIX Swiss Exchange, strengthening its efforts to integrate with traditional finance. This approval enables Floki to…
Public mining companies have posted deep losses in 2024, based on data from Hashrate Index, tracking the biggest miners and data center operators. Despite the new all-time highs for Bitcoin (BTC), the shares of most mining entities are on track…
U.S. Bitcoin exchange-traded funds (ETFs) ended a four-day streak of outflows with a net inflow of $475.2 million on December 26, signaling renewed investor interest. The inflows followed outflows totaling $1.52 billion between December 19 and December 24, which included…
Last week, the price of bitcoin took a tumble, and right alongside it, the network’s computing muscle flexed down from a whopping 806 exahash per second (EH/s) on Dec. 14 to a mere 771 EH/s by Dec. 21. However, over…
Bitwise Asset Management has filed with regulators to launch a new exchange-traded fund (ETF) targeting publicly traded companies with substantial Bitcoin reserves. The proposed Bitwise Bitcoin Standard Corporations ETF would invest in firms that have at least 1,000 BTC in…
Bitcoin is bouncing between $93,928 and $94,154 this hour, boasting a market cap of $1.86 trillion, a daily trading volume of $29 billion, and a price swing today from $92,852 to $95,638. Bitcoin The 1-hour chart shows bitcoin in a…