Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn

The Block

Latest news about Cryptocurrency, Blockchain, DeFi, NFTs & DEXs. Live price and charts for Bitcoin, Ethereum and other tokens.
Bitcoin surpasses $47,000 for first time since late 2021
Bitcoin surpasses $47,000 for first time since late 2021

The price of bitcoin broke past $47,000 at around 2:15 p.m. ET on Jan. 8.Bitcoin’s price hasn’t been that high since December 2021, The Block’s price data show.

The Block·2024/01/08 19:47
Spot bitcoin ETFs may bring $50-100 billion of inflows in 2024, says Standard Chartered Bank
Spot bitcoin ETFs may bring $50-100 billion of inflows in 2024, says Standard Chartered Bank

Quick Take Spot bitcoin ETFs are expected to attract inflows of $50-100 billion in 2024, if they’re approved, according to Standard Chartered Bank. As a result, the price of bitcoin could rise to $200,000 by the end of 2025, according to the bank. The bank also expects the SEC to approve spot ether ETFs in the second quarter of this year.

The Block·2024/01/08 18:31
VanEck seeds potential spot bitcoin ETF with $72.5 million, while Bitwise lines up $200 million of interest
VanEck seeds potential spot bitcoin ETF with $72.5 million, while Bitwise lines up $200 million of interest

Quick Take Spot bitcoin ETF applicant VanEck has seeded its potential ETF with $72.5 million. The detail was contained within its amended S-1 form filed today.

The Block·2024/01/08 18:10
Starknet approves vote to add ability to use STRK token for paying transaction fees
Starknet approves vote to add ability to use STRK token for paying transaction fees

Quick Take The Starknet community approved the implementation of version 13.0, expected this coming Wednesday. The upgrade will add support for transactions with Starknet’s native token, in addition to ether.

The Block·2024/01/08 17:30
Gary Gensler warns of volatile, risky crypto assets as industry waits for potential spot bitcoin ETF approval
Gary Gensler warns of volatile, risky crypto assets as industry waits for potential spot bitcoin ETF approval

Quick Take “Those offering crypto asset investments/services may not be complying w/ applicable law,” SEC Chair Gary Gensler said in a thread on X Monday. While he didn’t mention any proposed spot bitcoin ETFs, the timing of his thread on X quickly raised eyebrows in crypto circles.

The Block·2024/01/08 16:25
Bitcoin price rises above $45,000 in anticipation of potential spot BTC ETFs
Bitcoin price rises above $45,000 in anticipation of potential spot BTC ETFs

Quick Take Bitcoin has broken through the $45,000 mark. BTC short positions were impacted, with over $6 million in shorts liquidated in the past hour.

The Block·2024/01/08 13:18
Spot bitcoin ETF applicants race to the bottom for fees over massive market opportunity
Spot bitcoin ETF applicants race to the bottom for fees over massive market opportunity

Multiple spot bitcoin ETF applicants filed amended S-1 forms today, laying out their final fee schedules for their funds.The potential issuers are waging a war over who can reach the lowest fees and attract the bulk of the market in the opening months.

The Block·2024/01/08 12:51
Spot bitcoin ETF applicants file amended S-1 forms in final step toward approval
Spot bitcoin ETF applicants file amended S-1 forms in final step toward approval

Quick Take BlackRock has gone for a low sponsor fee of 0.3% while VanEck has gone even lower at 0.25%. This is the final step before the SEC decides whether to approve the multiple applications for spot bitcoin ETFs.

The Block·2024/01/08 11:54
Cathie Wood's Ark Invest offloaded another $20 million worth of Coinbase shares
Cathie Wood's Ark Invest offloaded another $20 million worth of Coinbase shares

Ark Invest offloaded another 133,823 Coinbase shares on Friday — worth around $20.6 million.The latest sales follow the $29 million of COIN stock Ark offloaded earlier last week.

The Block·2024/01/08 09:54
Japan’s e-commerce giant Mercari plans to accept BTC payments: report
Japan’s e-commerce giant Mercari plans to accept BTC payments: report

Quick Take The online second-hand goods marketplace has already launched its in-app bitcoin exchange for users last year.

The Block·2024/01/08 08:05