Bitcoin Falls Away as Hong Kong Joins the ETF Craze
Swyftx Blog
by Ben Knight
1M ago
In the news… Bitcoin slumps with halving days away  Hong Kong approves spot BTC and ETH ETFs  Prominent Bitcoin analyst predicts potential $500K BTC by 2025  Bitcoin slumps with halving days away  A sea of red has overtaken the crypto market on the eve of Bitcoin’s halving, with double-digit weekly losses across the board.  Okay. Take a deep breath. It’s been a pretty rough week for Bitcoin and friends. The crypto giant is down 15% over the past seven days, and the mid-March ATH of $72k now seems very far away. But in context, Bitcoin’s escaped lightly, with seve ..read more
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BlackRock Enters Tokenisation Sector as Bull Run Well and Truly Underway
Swyftx Blog
by Ben Knight
1M ago
In the news… BlackRock files for tokenised fund on Ethereum  Bitcoin Drives ETFs to Second-Best Q1 Performance on Record  Grayscale report suggests we are in the middle stages of a bull run  BlackRock files for tokenised fund on Ethereum  BUIDL, a tokenised yield-bearing fund tied to US treasury bills, has accumulated $240 million worth of assets under management in a week of trading.  BlackRock has only just entered the crypto scene, and it’s fair to say in that short period of time they are killing it. The world’s largest financial institution do have an advant ..read more
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Solana Surpasses Ethereum and US Bank’s New BTC Prediction
Swyftx Blog
by Ben Knight
2M ago
Table of contents Solana network activity surpasses Ethereum amid memecoin frenzy  World’s largest pension fund considers Bitcoin investment  MicroStrategy buys additional Bitcoin, now holds over 1% of total supply  Judge declares Australian computer scientist is not Satoshi Nakamoto  Standard Chartered updates end-of-year Bitcoin prediction to USD $150K  Solana network activity surpasses Ethereum amid memecoin frenzy  Memecoins have driven the price of Solana back over AUD $300 for the first time in years – but co-founder Anatoly Yakovenko is none too pleas ..read more
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Bitcoin “Breaks” All-Time High as Memecoins Continue Memeing
Swyftx Blog
by Ben Knight
2M ago
In the news… Bitcoin briefly hits an all-time high… or does it?  Memecoins make large gains Coinbase crashes twice amid market rally  SEC defers decision on Spot Ethereum ETF to May  Bitcoin briefly hits an all-time high… or does it?  According to several media outlets, the king of cryptocurrency broke its USD all-time high – while several others believe November 2021 was still the coin’s peak.  We’re barely three months in and Bitcoin has already had a 2024 to remember. Spot ETFs were approved for trading in January, the coin burst through $60K in February and a ..read more
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Bitcoin and Ether Hit Milestones Crimestopper (Allegedly) Commits Crime 
Swyftx Blog
by Ben Knight
3M ago
In the news… Bitcoin surpasses $52K for the first time since April 2022  Worldcoin explodes following announcement of OpenAI’s text-to-video AI launch  Australian Federal Police officer allegedly stole $6m worth of Bitcoin  Bankrupt crypto lender given green light to sell $1.6 billion worth of its ETH and BTC Bitcoin surpasses $52K for the first time since April 2022  Fans of Ethereum won’t feel left out either as the second-biggest cryptocurrency breaks a milestone of its own.  It’s an exciting time to be a Bitcoin fan. Over a month has passed since the landmark ..read more
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Bitcoin ETF Soars & Solana Network Goes Down 
Swyftx Blog
by Ben Knight
3M ago
  In the news… Bitcoin ETF enters the top five biggest global ETFs  Solana experiences first outage in 12 months  FTX expects full repayment to customers, scraps relaunch plan  Ethereum Name Service partners with GoDaddy  Bitcoin ETF enters the top five biggest global ETFs  BlackRock’s Bitcoin ETF, the iShares Bitcoin Trust, has recorded more than USD $3 billion in capital inflows since launching last month.   Crypto’s landmark moment feels like it was just yesterday – but the first-ever spot Bitcoin ETFs were approved almost a month ago. A lot has ..read more
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Bitcoin Spot ETF Finally Arrives and Could This Be the Start of Altcoin Season?  
Swyftx Blog
by Ben Knight
4M ago
Table of contents Bitcoin ETF approved by the SEC on historic day for crypto  Altcoins surge following ETF announcement  Bloomberg forecasts $4 billion inflows into Bitcoin ETF on first trading day  Bitcoin ETF approved by the SEC on historic day for crypto  After the Winklevoss twins proposed the very first Bitcoin ETF 2013, U.S. regulators finally yielded to the overwhelming desire for a crypto-based spot fund.   After a decade-long battle with the Securities and Exchange Commission (SEC), the day has arrived. Spot Bitcoin ETFs have finally been approved f ..read more
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Bitcoin Founder’s Last Words and Solana to the Moon (or Not)
Swyftx Blog
by Ben Knight
5M ago
In the news… Satoshi Nakamoto’s last words: 13 years since Bitcoin founder vanished  Solana to $3,200, or $10 – according to asset managers VanEck  US Senators introduce bill to crack down on crypto  Satoshi Nakamoto’s last words: 13 years since Bitcoin founder vanished  The Bitcoin creator’s last official words came as a fairly nondescript post on the BitcoinTalk forum  The story behind Satoshi Nakamoto is fuelled with so much intrigue and mystery that it’s almost something out of a hollywood movie. Bitcoin was founded in 2009 by a pseudonymous developer(s) – kn ..read more
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Crypto Market Navigates Binance Crisis as Cardano Takes a Leaf out of ChatGPT’s Book 
Swyftx Blog
by Ben Knight
6M ago
Table of contents Market returns despite Binance’s investigation  Grayscale and BlackRock meet with the SEC over Bitcoin ETF filing  Cardano debuts AI chatbot, CardanoGPT, for testing  Football Megastar Cristiano Ronaldo sued for promoting Binance  Market returns despite Binance’s investigation  Changpeng Zhao steps down as head of Binance amid a multi-billion-dollar settlement with the U.S. Department of Justice.  It’s been a rocky few weeks for Binance, the world’s largest cryptocurrency exchange. First, the Securities and Exchange Commission (SEC) announc ..read more
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Fake News Causes XRP Eruption and Solana Continues To Build Momentum
Swyftx Blog
by Ben Knight
6M ago
In the news… Fake XRP ETF news leads to token rally  Disney to launch NFT trading platform on the Flow Network  PancakeSwap announces the launch of its gaming marketplace  Solana continues to climb, having already done 550+% in 2023  Fake XRP ETF news leads to token rally  The community was served another reminder to always double-check news sources after XRP pumped and dumped 12% in under an hour.   The hype around crypto exchange-traded funds (ETFs) has reached fever pitch of late, as investors eagerly await the SEC’s potential approval of a spot Bitc ..read more
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