In an exclusive interview with Colin Butler, Global Head of Institutional Capital at Polygon Labs, Butler brings a unique and informed perspective to the table, discussing various pivotal aspects shaping the future of blockchain and cryptocurrency. This interview explores the impact of traditional financial instruments like ETFs on the crypto market, the significant strides made The post Zero-Knowledge infrastructure can secure ‘trillions’ in institutional money in 2024: Interview Polygon Labs appeared first on CryptoSlate.

One of the most common comparisons we’ve seen concerning the launch of spot Bitcoin ETFs in the United States is the one with the launch of the first gold ETF (GLD) in 2004. Interestingly, comparing the two asset classes’ premieres through their daily attestations reveals some illuminating data. For clarity and transparency, all data below The post New Bitcoin ETFs did in 3 days what Gold took 36 days to achieve with $1.8 billion in assets appeared first on CryptoSlate.

After months of ETF hype and focus, the start of the COPA (Crypto Open Patent Alliance) v. Wright trial on Feb. 5 marks a pivotal juncture in the Bitcoin narrative, challenging the claims of Craig Wright as Satoshi Nakamoto, the enigmatic creator of Bitcoin. Set against the backdrop of the open-source community’s ethos, the trial’s The post Timeline set for upcoming Craig Wright trial on Satoshi Nakamoto identity claim appeared first on CryptoSlate.

Coinbase Prime, the crypto platform explicitly designed for institutional investors, trusts, and high-net-worth individuals, has seen a dramatic increase in trading activity following the U.S. spot Bitcoin ETFs launch. CryptoSlate analysis identified a hot wallet at Coinbase Prime that has surged to the top of the Bitcoin inflow chart over the past week. This wallet, The post Coinbase Prime hot wallet leads weekly Bitcoin trading with $11.4 billion volume appeared first on CryptoSlate.

Despite the influx of substantial capital into these new spot Bitcoin ETFs, with CoinShares reporting $1.18 billion in inflows into digital asset ETFs globally last week, the expected positive impact on Bitcoin’s price hasn’t materialized. This raises questions about the underlying mechanics of these ETFs and their influence on Bitcoin’s value. Let’s first ensure we The post Why ETFs are not having positive effect on Bitcoin price, yet appeared first on CryptoSlate.