Bitcoin Exchanges Report Massive Outflow of Over $2 Billion. What Does This Mean?
TL;DR A withdrawal of over $2 billion in Bitcoin from exchanges was recorded on March 1, approaching a historical record in the cryptocurrency. Glassnode data shows
bitcoin (Latest Publications)
Bitcoin (BTC) is a digital currency created in 2009 by an unknown person using the alias Satoshi Nakamoto. It is a decentralized digital currency without a central bank or single administrator that can be sent from user to user on the peer-to-peer Bitcoin network without the need for intermediaries. Transactions are verified by network nodes through cryptography and recorded in a publicly distributed ledger called a blockchain
BlackRock’s IBIT Bitcoin ETF Surpasses $10 billion in assets under management
TL;DR BlackRock’s IBIT Outperforms Silver ETFs with $10B in Assets, Reflecting Bitcoin’s Prominence. Approval of Bitcoin ETFs in the US drives interest; IBIT displaces GBTC from
Bitcoin (BTC) Surpasses $65,000: Will it Reach its All-Time High Today?
TL;DR Bitcoin surpasses $65,000 and approaches its all-time high of $69,000, driven by strong demand from exchange-traded funds (ETFs). ETFs attract $7.35 billion in net investment inflows, while
Bitcoin Mining Stocks Dive Amid Price Surge: Opportunity or Warning Sign?
TL;DR Fall in shares of Bitcoin mining companies despite the increase in the value of the cryptocurrency. Skepticism expressed by Peter Schiff about the future of
Bloomberg’s Strategist Predicts Bitcoin Surge to $70,000
TL;DR Bitcoin challenges gold as a safe haven asset, with prices targeting $70,000. Record inflows into Bitcoin ETFs indicate changing investor preference. Fund outflows from gold
Frenzy Continues: Merrill Lynch and Wells Fargo Dive into Bitcoin ETFs for Wealth Management Clients
TL;DR Bank of America’s Merrill and Wells Fargo offer access to Bitcoin ETFs. Nearly a dozen Bitcoin ETFs were approved in January, leading to increased demand
Grayscale Bitcoin Trust Loses $600M, but Bitcoin ETFs Surge Amid Market Rally
TL;DR The Grayscale Bitcoin Trust (GBTC) has experienced significant capital outflows, with over $600 million and a total accumulated of approximately $8.4 billion since the fund’s
Galaxy’s CEO Mike Novogratz Warns of Bitcoin (BTC) Correction Before Record Rally: Retail Investors at Risk?
TL;DR Galaxy CEO warns of Bitcoin correction: Mike Novogratz predicts that Bitcoin might drop to the mid-$50,000s before reaching a new high, due to the market’s
Spot Bitcoin ETFs Soar to Record Highs, Surpassing $680M as Bull Run Intensifies
TL;DR Bitcoin ETFs in the US reach record: $680 million in inflows. Intense competition: iShares leads, while Grayscale posts notable exits. Global Impact: ETF Approval in
Marathon Digital Holdings Unveils Anduro, a New Multi-Chain Layer-Two Network on Bitcoin
TL;DR Marathon Digital Holdings has launched Anduro, a new multi-chain layer-two network on Bitcoin, aimed at enhancing functionality and promoting wider adoption. Anduro is designed to
Follow us on Social Networks
Crypto Tutorials
Crypto Reviews
Ads
