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Bitwise Withdraws Bitcoin Futures ETF Filing, Citing Cost, Complexity

Bitwise Asset Management has withdrawn the application for its Bitcoin futures ETF, citing what it said are the cost and complexity of such ETFs. The company will instead focus its efforts on its spot bitcoin ETF filing already in the pipeline. "The Hash" squad discusses the story and what it reveals about the pros and cons of investing in ETFs.

Recent Videos

Markets

Maaaring Makahanap ng Suporta ang Bitcoin sa $56K-$60K

Nagsisimula nang bumagal ang upside momentum, lalo na dahil sa mga kamakailang overbought na signal sa mga chart.

Bitcoin daily price chart (Damanick Dantes/CoinDesk, TradingView)

Finance

Ang direktang pamumuhunan sa Bitcoin ay maaaring maging mas mahusay kaysa sa Coinbase: Mizuho

Ang Crypto exchange ay maaaring harapin ang mga headwind ng industriya sa gitna ng mas malawak na pag-aampon ng Cryptocurrency, sinabi ni Mizuho sa mga kliyente.

Coinbase (Getty Images)

Videos

Bitcoin Retreats From All-Time High, Ether Follows

Bitcoin is down 5% in the last 24 hours after peaking at an all-time high of around $68,950 Wednesday. Ether also reached an all-time high Wednesday, hitting $4,851, but is down a little over 2% on the day. Rich Rosenblum, co-founder and president of GSR Markets, discusses the potential factors driving lower prices.

CoinDesk placeholder image

Markets

Tumalon ang Bitcoin sa Bagong All-Time High habang Tumibok ang Inflation sa 6.2% noong Oktubre

Ang mga mangangalakal ng BOND ay nagtataas ng kanilang mga taya sa mas mabilis na inflation matapos ang US consumer price index ay tumalon ng 6.2% sa loob ng 12 buwan hanggang Oktubre, ang pinakamataas na rate sa loob ng tatlong dekada. “Palipas lang?”

Bitcoin's hourly price chart showing a rally to new record high after CPI release. (TradingView/CoinDesk)

Markets

Bumabalik ang Bitcoin Mula sa All-Time High, Suporta sa Pagitan ng $63K-$65K

Ang mga intraday chart ay nagpapakita ng mga unang senyales ng upside exhaustion.

Bitcoin four-hour price chart (Damanick Dantes/CoinDesk, TradingView)

Videos

Why Rising Inflation Could Be Good for Bitcoin

Bitcoin rises to a fresh all-time high after the U.S. Bureau of Labor Statistics releases the October consumer price index (CPI) number, the highest since 1990. CoinDesk's Galen Moore discusses why the inflation increase "would be good for bitcoin," adding "[inflation] tends to seem to drive bitcoin and the stock market apart." Plus, reasons behind Coinbase's user numbers and revenue decline for the third quarter.

Recent Videos

Markets

Market Wrap: Inaasahang Magpapadala ng Mas Mataas Bitcoin at Gold Sa Pagtatapos ng Taon

Ang Bitcoin ay tumama sa all-time high noong Miyerkules bago bumagsak.

The correlation between bitcoin and gold (Damanick Dantes/CoinDesk, Koyfin)