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Breaking records and defying market trends, Bitcoin ETF trading volumes skyrocketed to a whopping $200 billion on April 8th. Even with a dip in Grayscale’s GBTC and a shift in market dominance, the all-time high proves the unstoppable force of this cryptocurrency. The once-hyped Grayscale’s Bitcoin ETF has taken a major hit, losing a staggering … Read more
As the highly anticipated halving of Bitcoin (BTC) draws near, experts in the world of cryptocurrency are buzzing with excitement, predicting a surge in momentum for the popular digital currency. With only 10 days left until the event, all eyes are on Bitcoin as it prepares for a potential game-changing transformation. The once soaring token … Read more
Bitcoin Skyrockets by 4% in Epic Comeback, Inches Closer to Record-Breaking High. After a dip below the $66,000 mark, BTC has made an impressive recovery this week. The driving force behind this resurgence? A whopping $570 million in total net flow in Bitcoin ETFs last week. But the excitement doesn’t stop there. On Thursday and … Read more
Expanding its digital assets portfolio, embattled crypto lending company Genesis has made a bold move by acquiring a staggering $2.1 billion in Bitcoin (BTC). This strategic move comes after the firm sold off a whopping 36 million shares from the renowned Grayscale Bitcoin Trust (GBTC). In a bold move, Genesis has sold a whopping 36 … Read more
Breaking records once again, Bitcoin ETFs experienced a remarkable surge of $203 million in net inflow on Friday, April 6th. This impressive streak has now stretched over four consecutive days, cementing the popularity of these exchange-traded funds. SoSoValue has just reported that Grayscale’s GBTC ETF experienced a significant drop in net assets, losing a whopping … Read more
The world of Bitcoin is currently in the grip of a bearish formation, with bulls struggling to regain control after suffering losses on April 2nd. Despite a promising outlook from a broader perspective, the past week has seen a significant 6% decline, compounded by the sharp drop on April 2nd, leaving sellers with the upper … Read more
$30,175 Bitcoin, valued at a whopping $2.1 billion, has been transferred by the US Government from the infamous Silk Road to the digital realm of cryptocurrency exchange Coinbase. Amidst a rollercoaster ride for Bitcoin, the latest transfer has sent shockwaves through the cryptocurrency world. The value of Bitcoin has taken a dip, reaching a weekly … Read more
The crypto world was shaken on Monday as Bitcoin experienced a 4.5% drop before making a comeback. But Tuesday has proven to be even harsher. The question on everyone’s mind now is: will Bitcoin rebound from its current level, or will the market present a golden chance to snag some Bitcoin at a bargain price? … Read more
The crypto market was ablaze with red hues in the wee hours of Tuesday, as Bitcoin took a nosedive of over 6%. Its value plummeted to a low of 66K before finding stability near 67K, all thanks to a surge in demand for the safe haven currency. Meanwhile, the US dollar index soared to a … Read more
The latest acquisition has given their reserves a major boost just in time for the highly anticipated Bitcoin halving. And get this, their treasury now holds over 75,000 Bitcoins, all purchased at an average price of $30,305. Tether has ramped up its Bitcoin reserves, now reaching a staggering $5.3 billion. And that’s not all – … Read more