Market Alert: BlackRock Sells $170 Million in Bitcoin, Sparking Uncertainty
TL;DR BlackRock sold $170 million in Bitcoin through its IBIT ETF, triggering an immediate market reaction. The sale reflects investor outflows from the ETF; BlackRock acts
Discover in our section the latest cryptocurrency news, bitcoin and the so-called altcoins (alternative crypto).
Since 2011, thanks to the standard Bitcoin open source, new cryptocurrencies known as Altcoins are beginning to emerge, that use blockchain technology as an alternative to Bitcoin, complementing their ecosystem with new algorithms and functionalities.
Some of the best known altcoins are Ethereum [ETH], Ripple [XRP], Tron [TRX] or Litecoin [LTC].
Today there are many exchange houses or crypto exchanges, where these cryptocurrencies have established themselves as a new investment market for financial assets that grows in volume and complexity every day.
Some of the best known cryptocurrency exchanges and where you can make your exchanges are: Binance, Poloniex, Kukoin, or Kraken, among others.
If you want to be informed about everything that is happening in the cryptocurrency ecosystem, be sure to visit our news.
TL;DR BlackRock sold $170 million in Bitcoin through its IBIT ETF, triggering an immediate market reaction. The sale reflects investor outflows from the ETF; BlackRock acts
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TL;DR The crypto market faced the largest liquidation in its history, exceeding $21 billion. Despite the blow, Bitcoin remained positive for October, showing unexpected strength. Analysts
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