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When Craig Raw talks, you listen.

His deep voice has a gravity to it, bolstering the urgency of the points he makes.

It’s like that voice in the back of your head that you hear when you’ve left too much bitcoin on an exchange for too long. Or that voice that persists when your bitcoin stash isn’t quite as secure as you know it could be.

It’s an uncompromised voice, constantly reminding you to follow best practices when it comes to storing and using your bitcoin.

Weeks after interviewing Raw — creator of let Sparrow Wallet, a free and open-source Bitcoin desktop wallet beloved by…

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As of September 3, 2024, the daily net flow of Bitcoin ETFs in the U.S. presents some notable changes. Grayscale’s GBTC ETF saw a significant positive net inflow of 392 BTC, reflecting increasing investor confidence and bringing its total holdings to 227,254 BTC. Conversely, ARK Invest’s ARKB experienced a substantial outflow of 1,104 BTC, and Invesco Galaxy’s BTCO also faced a decrease, shedding 534 BTC.

Fidelity’s FBTC ETF noted a decrease of 219 BTC, indicating a shift in investor sentiment or rebalancing of portfolios. Despite these outflows, some funds like BlackRock’s IBIT and Bitwise’s BITB maintained stability with no net inflows or outflows, indicating a steady state during the trading session.

Overall, the total holdings across these ETFs amounted to 910,907 BTC, with a net outflow of 1,465 BTC, translating into a monetary decrease of approximately $84.6 million. This daily snapshot offers investors a clear view of the inflows and outflows within major Bitcoin ETFs, highlighting the dynamic nature of cryptocurrency investments in the current economic climate.

Disclaimer: Market capitalizations and data can vary in real-time. The information provided here is intended purely for educational purposes and should not, under any circumstances, be construed as financial advice.

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The evolution of Bitcoin prices on September 3rd over the past years offers a fascinating glimpse into the volatile yet upward trajectory of this premier cryptocurrency. Starting at a modest $9 in 2011, the figures began to rise steadily, reaching $10 in 2012. This initial growth set the stage for a dramatic increase in subsequent years.

By 2013, the amount soared to $130, and by 2014, it surged to $476. Despite a dip to $229 in 2015, the upward trend resumed, with a substantial jump to $581 in 2016. This period of growth laid the foundation for an impressive leap to $4.5K in 2017.

The years 2018 through 2020 saw continued expansion, with figures escalating from $7.2K in 2018 to $11K in 2020. This momentum culminated in 2021 with an astonishing $49.6K, a clear indicator of rapid progress and increasing value.

The most recent figures show the financial peak in 2024, reaching $57.8K. This dramatic rise underscores a decade of exceptional growth and highlights a trend of sustained financial success.

Disclaimer: Market capitalizations and data can vary in real-time. The information provided here is intended purely for educational purposes and should not, under any circumstances, be construed as financial advice.

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The SEC has charged Galois Capital, a crypto-focused advisory firm, for failing to adhere to custody regulations. The charges allege that Galois Capital did not maintain adequate safeguards for clients’ digital assets, violating federal securities laws. This action underscores the SEC’s continued scrutiny of the cryptocurrency industry to protect investors and ensure compliance.

For more details, visit the SEC press release.

Transaction URL: https://blockchain.com/btc/tx/f1a7c985b6fd0a6abed0b84cbe5b15d9cd3851423f3cddaa1d63f68ca3d225f1

Ethereum’s transition to a more energy-efficient system gains momentum as the Ethereum 2.0 deposit contract’s value exceeds 50 million ETH. Data from Glassnode reveals this significant advancement in the cryptocurrency’s evolution, signaling robust confidence among investors and stakeholders in the platform’s future.

However, concerns about centralization surface as nearly half of the staked ETH is managed by the top 11 staking providers, with giants like Binance, Kraken, Coinbase, and Lido steering the helm. This raises important discussions about governance and the equitable distribution of control within the Ethereum network, urging a closer look at the implications of centralization on the decentralized ethos of blockchain technology.

Glassnode