News
Summary During the crypto winter, many miners struggled and went bankrupt due to the low price of bitcoin. However, the recent rise in bitcoin price, supported…
Summary According to Bloomberg Intelligence analyst James Seyffart, Bitcoin ETFs experienced a net outflow of $158 million on Wednesday. CoinDesk data also shows a decline in…
Summary ARK Invest has sold over 2.2 million shares of the ProShares Bitcoin Trust ETF, worth about $42.8 million, and bought around 1.6 million shares in…
Summary The former crypto lead at Ark Invest, Yassine Elmandjra, believes that the current crypto market frenzy will eventually calm down. He compares it to a…
Summary Crypto-linked stocks, including bitcoin mining companies, rallied as bitcoin’s price increased by over 3% in the last 24 hours. Stocks such as Cipher Mining, Mawson,…
Summary The recent approval of Bitcoin ETFs marks a significant moment in the financial markets and political arena. Bitcoin is gaining mainstream adoption and acceptance, bridging…
Summary The launch of spot Bitcoin ETFs, which was expected to be a positive event for cryptocurrencies, has actually caused a dip in the market. This…
Summary The Grayscale Bitcoin Trust (GBTC) has seen significant outflows since it converted from a closed-end fund to a Spot ETF. GBTC’s treasury has lost over…
Summary Investors added $170 million to IBIT on Thursday, buying almost 4,300 bitcoin and increasing their total holdings to 49,952. As the price of bitcoin surpassed…
Summary The transition from fiat standards to the Bitcoin Standard is not inevitable or imminent, as it depends on adoption choices made by individuals and organizations.…