Steven Walgenbach

VanEck CEO Jan van Eck warned that Bitcoin could be vulnerable to advances in quantum computing and warned that privacy-focused investors are already turning to Zcash (ZEC) for more anonymity.  “The Bitcoin community has been asking itself: Is there enough encryption in Bitcoin?” he said during an appearance on CNBC’s “Power Lunch.” ”Because quantum computing […]

Retail investors unloading spot Bitcoin and Ethereum ETFs (exchange-traded funds) are driving the crypto market correction, JPMorgan said. Analysts led by Nikolaos Panigirtzoglou said that “non-crypto investors, mostly retail investors who typically use spot Bitcoin and Ethereum ETFs to invest in the crypto market,” appear to have been mostly responsible for the ongoing correction. But […]

Bitcoin plummeted below $82K while Ethereum (ETH), XRP, and Solana (SOL) all tumbled as the crypto crash deepened. The crypto market cap tumbled more than 9% in the past 24 hours to around $2.83 trillion, liquidations exceeded $2 billion, and Bitcoin headed for its worst monthly performance since June 2022 following the collapse of Do […]

ARK Invest is buying the dip, adding more Circle, Bullish and BitMine shares after they were beaten down in the market rout. The firm disclosed purchases across multiple ARK ETFs (exchange-traded funds). ARK Fintech Innovation ETF (ARKF) bought 48,011 Bullish shares, while the ARK Next Generation Internet ETF (ARKK) added 92,670 shares. The largest purchase […]

US spot Bitcoin ETFs (exchange-traded funds) broke their 5-day outflow streak with fresh net gains in the latest trading session. Data from Farside Investors shows that the funds recorded net daily inflows of $75.4 million on Nov. 19. Only Two Spot Bitcoin ETFs See Inflows The latest inflows can be attributed to just two of […]