Grayscale Bitcoin Trust Faces Over $20 Billion in Outflows
TL;DR The Grayscale Bitcoin Trust (GBTC) has surpassed $20 billion in net outflows since converting to an ETF. BlackRock’s iShares Bitcoin Trust saw a resurgence...
Tag : Bitcoin
Bitcoin Holders Remain Steadfast as Exchange Activity Hits Multi-Year Low
TL;DR Bitcoin is still struggling to surpass $60,000 but has not triggered massive sell-offs. Exchange activity has decreased, with 19% fewer deposits over the last...
Coinbase Denies Bitcoin IOU Allegations Amid BlackRock Collaboration Rumors
TL;DR Coinbase was accused of collaborating with BlackRock in issuing Bitcoin “IOUs” to manipulate its price. Brian Armstrong, CEO of Coinbase, denied the accusations and...
Major Bitcoin Rally on the Horizon: Experts Predict Exciting Weeks Ahead
by Fernando
TL;DR Bitcoin could experience a significant rally in the coming weeks, according to analysts. The re-accumulation range and post-halving synchronization are close to being reached....
Robert Kiyosaki Bold Warning about U.S. Debt Crisis; Is Bitcoin the Solution?
by Fernando
TL;DR Robert Kiyosaki points out that neither Trump nor Harris will be able to solve the U.S. national debt problem. U.S. debt has reached $35...
Anchorage Digital to Custody 21Shares’ New Bitcoin and Ethereum ETFs
TL;DR Anchorage Digital Bank will act as the custodian for the new cryptocurrency ETFs ARKB and CETH issued by 21Shares, highlighting its role as a...
Bitcoin Miners Offload $1.7 Billion in BTC Amid Record Mining Difficulty and Price Decline
by Fernando
TL;DR Massive BTC Sell-Off: Miners have liquidated over 30,000 BTC in the last 72 hours, valued at approximately $1.7 billion. Record Mining Difficulty: Mining difficulty...
Arthur Hayes Warns of Bitcoin Risks as Japanese Yen Strengthens
by Fernando
TL;DR Arthur Hayes warns of risk to Bitcoin due to the strengthening of the Japanese Yen and the potential unwinding of carry trades. The recent...
Bitcoin Hashrate Hits All-Time High Amid Bearish Market Conditions
by jose
TL;DR Record-Breaking Hashrate: The Bitcoin network’s hashrate hit an all-time high of over 742 exahashes per second on September 11, showcasing increased computational power despite...
Binance Publishes 22nd Proof of Reserves Report: BTC and ETH Down, USDT Up
TL;DR Binance releases its 22nd proof of reserves report, showing the management of user assets as of September 1, 2024. Bitcoin and Ethereum reserves have...
