Bitcoin Is Hitting All-Time Highs Around the World
Bitcoin is trading at a premium in many of the world’s currencies because of their relative weakness to the USDSource
Bank of America, Wells Fargo to Offer Spot Bitcoin ETFs to Clients: Bloomberg
Two Wall Street wealth management giants, Bank of America’s Merrill Lynch and Wells Fargo, are adding spot bitcoin exchange-traded funds to their brokerage platforms, Bloomberg reported, citing people familiar with the matter.Source
Bitcoin ETF Trading Frenzy Continues After Record $673M Net Inflow as BTC Price Nears Record
BlackRock’s bitcoin ETF (IBIT) surpassed $1 billion in trading volume Thursday for the fourth consecutive day.Source
Trading Platform Robinhood, Layer-2 Arbitrum Team Up To Offer Swaps To Users
Users of Robinhood’s self-custody wallet will have access to Arbitrum swaps in the next coming months.Source
U.S. House Panel Votes to Disapprove of Controversial SEC Custody Guidance
The House Financial Services Committee also seemed inclined to adopt a bill giving the U.S. Secret Service more resources to investigate crypto crimes.Source
Bitcoin ETF Buying Led by Retail, Hedge Funds, FAs; Larger Players Still to Come: Bitwise CIO
The ten spot bitcoin ETFs have arguably had one of the most successful launches in history with trading volume and inflows reaching new highs this week, but Bitwise Chief Investment Officer Matt Hougan expects even more demand is on the way.Source
Bitcoin Could Slide to $42K After Halving Hype Subsides, JPMorgan Says
The bitcoin production cost has historically acted as a lower boundary to the cryptocurrency’s price, the report said.Source
Nigeria Detains Binance Executives as It Investigates the Crypto Exchange: Reports
Binance executives were intercepted by Nigerian officials and their passports seized after they landed in the country.Source
Coinbase Adds ‘Smart Wallet’ Feature, So Lengthy Seed Phrases Aren’t Needed
The smart wallet will be an addition to Coinbase Wallet SDK, and the embedded wallets feature will be powered by “wallet as a service.”Source
Digital Asset Manager Onramp Invest Integrates CoinDesk 20 Index for RIAs
Onramp is the first U.S.-based firm to allow for investible access via the CoinDesk 20 Index.Source