#bitcoin

In its annual research report “Big Ideas” Cathie Wood’s ARK Invest shared its insights on Bitcoin, AI, robotics, electric vehicles and other rising technologies.

Chicago Board Options Exchange (Cboe) pulled out its application for Global X Bitcoin Trust ETF which would have been operated in partnership with Coinbase.

According to financial services firm Cantor Fitzgerald, the forthcoming Bitcoin halving could render at least eleven prominent mining corporations, including names like Marathon Digital and Riot Platforms, unprofitable under the current BTC prices. The most severe impacts are anticipated for Argo Blockchain and Hut 8.

Since their launch, spot Bitcoin ETFs, excluding GBTC, have collectively amassed over 100,000 BTC. Contrastingly, Grayscale has dumped 80,000 Bitcoins in the same timeframe.

Jian Wen, a British citizen of Chinese descent, faces charges from the UK Prosecution Service for her role in laundering over $6,1 billion, funds embezzled by the criminal Yadi Zhang. Zhang has deceived over 128,000 Chinese investors since 2014, promising investment returns before disappearing and converting the proceeds to Bitcoin.

A crypto enthusiast has successfully inscribed the legendary DOOM game from 1993 on the Dogecoin blockchain. This remarkable feat was achieved through the use of Doginals, a technology resembling the Bitcoin Ordinals protocol.

Bloomberg’s Senior ETF Analyst, Eric Balchunas, humorously notes, "I can’t escape bitcoin ETFs even if I tried..."

Within just the first six days of spot bitcoin ETF trading, the total assets of these funds have soared to roughly 95,000 BTC ($4 billion). Fidelity (FBTC) and BlackRock (IBIT) are at the forefront, collectively holding 64,000 bitcoins.