$217 million outflow seen in BlackRock’s Bitcoin ETF

217 million outflow seen in BlackRock's Bitcoin ETF

Bitcoin ETFs take a tumble as $217 million flows out of the market on April 25th, leaving investors seeing red. Funds have been at a standstill in the world of ETFs, with five major players failing to see any movement. Among them is BlackRock’s iShares Bitcoin Trust ETF (IBIT), which has been stagnant for two … Read more

Japanese Investment Firm Metaplanet Acquires $6.25 Million in Bitcoin

Japanese Investment Firm Metaplanet Acquires 6.25 Million in Bitcoin

Revolutionizing the financial world, Metaplanet Inc. has taken a bold step towards embracing the future of currency by investing a whopping ¥1 billion ($6.25 million) in Bitcoin. Following in the footsteps of industry leader MicroStrategy, Metaplanet’s decision has sent shockwaves through the market and sparked excitement among investors. This strategic move by the Japanese powerhouse … Read more

Grayscale announced spin-off Bitcoin ETF with lowest industry fee

Grayscale announced spin-off Bitcoin ETF with lowest industry fee

Introduction Of Bitcoin Mini Trust (BTC) Amidst a tumultuous period of massive capital outflows, Grayscale has decided to shake things up. The renowned company is gearing up to release a brand new Bitcoin exchange-traded fund (ETF) that promises to revolutionize the market with its unbeatable fees. This bold move comes as Grayscale strives to combat … Read more

Bitcoin ETF Blitz: Funds Surge to $62 Million in Spotlight

Bitcoin ETF Blitz Funds Surge to 62 Million in Spotlight

Bitcoin ETFs See Record Influx of $62.09 Million in a Single Day on April 22nd The cryptocurrency market is buzzing with excitement as the Fidelity Bitcoin Spot ETF (FBTC) takes the lead in capital inflows on April 22, according to the experts at SoSo Value. With a whopping $34.83 million added to its balance sheet, … Read more

CoinShare: Crypto Investors Waver as Weekly Outflow Hits $206 Million

CoinShare Crypto Investors Waver as Weekly Outflow Hits 206 Million

Amidst the chaotic landscape of fluctuating interest rates and global unrest, crypto investors have pulled out massive amounts of funds from digital asset products for the second consecutive week. With uncertainty looming over traditional financial systems, it seems that the allure of cryptocurrency is only growing stronger. Discovering the latest trends in digital asset investments … Read more

US Senate Proposes 1% Tax on BTC Holdings Over $500K, WHY?

US Senate Proposes 1 Tax on BTC Holdings Over 500K

Revolutionizing the world of digital currency, the U.S. Senate made a groundbreaking announcement on a sunny April Sunday. In a bold move, they unveiled a new tax proposal aimed at the booming cryptocurrency industry. Under this proposal, those with a stake in the popular BTC currency, valued at over $500,000, will be subject to a … Read more

Bitcoin Ransomware Strikes 250 Companies, Nets $42 Million

Bitcoin Ransomware Strikes 250 Companies

The Federal Bureau of Investigation has issued a crucial warning regarding the insidious spread of Akira ransomware. This malicious virus is wreaking havoc across the nation, threatening to lock up your most valuable digital possessions. Devastating and calculated, the Akira Bitcoin (BTC) ransomware has left a trail of destruction and financial ruin in its wake. … Read more

All is quiet on the Bitcoin ETF front – is it a concern?

All is quiet on the Bitcoin ETF front – is it a concern

Ever since its debut in January, the introduction of spot Bitcoin ETFs has sent shockwaves through the market, causing major ripples in the crypto world. This groundbreaking development has left even the biggest players, like Grayscale, scrambling to adapt to the new landscape. Once a dominant force in the world of cryptocurrency, Grayscale’s Bitcoin Trust … Read more

Grayscale’s Bitcoin Trust “halving” occurs before the actual BTC halving

_BTC halving

The excitement of the Bitcoin halving event is amazing with Grayscale Investments, a leading investor in the cryptocurrency world. Just days before the highly anticipated halving, Grayscale has seen a staggering 50% decrease in their spot BTC ETFs. The highly anticipated Grayscale Bitcoin Trust ETF has made a major move, reducing its BTC holdings by … Read more

Bitcoin dominance returns to 2021 high as ETFs boost

Bitcoin ETFs boost

Bitcoin reigns supreme in the world of cryptocurrencies, soaring to a three-year high fueled by a surge of interest in U.S. ETFs. According to CoinMarketCap, they make up a staggering 55% of the $2.4 trillion market. This is a level we haven’t seen since April 2021. And leading the pack is the king of all … Read more