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.

BlackRock’s spot Bitcoin ETF launch was highlighted in an interview with CEO Larry Fink on CNBC. Fink, who had previously expressed skepticism about Bitcoin, now views it as a viable asset class, though not a potential currency. This change of stance aligns with BlackRock’s broader strategy of embracing technological advancements in the financial sector, mainly The post BlackRock CEO’s crypto pivot continues, turns bullish on tokenization to eliminate ‘corruption’ appeared first on CryptoSlate.

Grayscale has begun moving Bitcoin out of its trust and sending it to Coinbase as of 2 p.m. GMT, Jan. 12. A total of 4,000 BTC (roughly $200M) has been sent as of press time, with all Bitcoin going to Coinbase Prime, one of the key participants in the series of Bitcoin ETFs launched yesterday. The post Grayscale transfers $200M Bitcoin to Coinbase Prime hinting at possible ETF redemption activity appeared first on CryptoSlate.