Grayscale Just Lost $5 Billion in Assets Under Management and Here is Why
Grayscale's Bitcoin Trust (GBTC) has seen $5 billion in outflows recently as investors exit to cheaper ...
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Tag: Bitcoin
Fidelity Joins BlackRock as Second Spot Bitcoin ETF Issuer to see $1 Billion in Inflows
New spot bitcoin ETFs have seen huge demand in the first week, attracting nearly $3.4 billion ...
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DeFi Giant Uniswap Accelerates Ethereum’s Deflation with 9,000 ETH Burn
Uniswap has burned over 9,000 ETH in the past 30 days, significantly contributing to Ethereum's deflation ...
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Bitcoin ETFs Undermine Core Crypto Values and Here is Why
Some crypto executives criticize Bitcoin ETFs, claiming they centralize crypto assets and go against the decentralized ...
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Bitcoin Long-Term Holders Reap Profits, Transfer $1 Billion to Exchanges
Long-term Bitcoin holders (155+ days) are transferring holdings to exchanges to take profits from ~$26k purchases ...
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Revolutionizing Bitcoin: Layer-2 Networks Promise Major Leap Forward
Bitcoin's blockchain congestion has opened the door for layer-2 networks to address its limitations around speed ...
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Cathie Wood’s ARK Boldly Shifts Millions into Its Bitcoin ETF
ARK Investment Management sold its position in ProShares Bitcoin ETF to buy shares of its own ...
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Bitcoin Dumped 12% This Week and Here is Why
BlackRock's Bitcoin ETF has attracted over $1 billion in its first week, setting a record for ...
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Robinhood Pays $7.5 Million in Landmark Settlement Over Illegal Trading Practices
Robinhood agreed to pay $7.5 million and cease using celebratory imagery to settle an enforcement action ...
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Tether Bolsters Crypto Clout with Massive $380 Million Bitcoin Purchase
Tether purchased 8.9K bitcoin for around $380 million in Q4 2022 as part of its strategy ...
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