The Bitcoin ETF market had a range of outcomes on April 24. Notably, a 71-day winning streak ended when BlackRock’s iShares Bitcoin Trust ETF (IBIT) saw no fresh investments for the first time. The Grayscale Bitcoin Trust ETF (GBTC) reported a notable outflow of $130 million, contributing to the sector’s overall big net outflow of … Read more
In the early afternoon of East Asia’s trading day, Bitcoin (BTC) is trading above $64,000 despite a notable increase in withdrawals from bitcoin exchange-traded funds (ETFs). The U.S.-listed ETFs saw a $217 million daily net outflow, according to market statistics. With this, the outflow for the entire week is now $244.49 million. JPMorgan claims that … Read more
Investors constantly search for the next big opportunity in the unpredictable world of cryptocurrencies. Two altcoins that have garnered attention from the cryptocurrency community recently are Panda Swap (PANDA) and Cat in a Dogs World (MEW). Both of these altcoins have had notable price rises. But now that the two coins’ bullish momentum has subsided, … Read more
Claims that the Central Bank of Nigeria (CBN) gave local banks orders to freeze customer accounts connected to unlicensed cryptocurrency exchanges have been denied. The CBN has denied issuing any orders to financial institutions to freeze accounts connected to exchanges including Binance, OKX, Bybit, and KuCoin, despite reports to the contrary. The central bank explained … Read more
American economist and gold bug Peter Schiff has interpreted the fact that the majority of the assets in the cryptocurrency industry are losing money as a sign that Bitcoin (BTC) is headed for collapse, issuing a particularly grim warning to owners of spot BTC exchange-traded funds (ETFs). According to an April 25 X post by … Read more
Updates have been made to the Shiba Inu ecosystem in recent days in an effort to improve the cryptocurrency’s long-term prospects. On-chain data also shows a positive tendency among SHIB investors behind the scenes, with the exchange balance hitting all-time lows. The fact that SHIB’s price has immediately rebounded from the crucial 0.618 Fibonacci ratio … Read more
BlackRock’s Bitcoin exchange-traded funds (ETF) iShares Bitcoin Trust, which trades under the ticker “IBIT,” has had inflows for 69 days running, according to a social media post by Eric Balchunas, an analyst with Bloomberg Intelligence ETFs. At 840,000 blocks high, the fourth Bitcoin halving happened late on Friday. This signaled a significant shift in the … Read more
Unusual transaction volumes were noticed in multiple altcoins on Upbit, the biggest cryptocurrency exchange in South Korea, following the conclusion of the Bitcoin halving. Cardano (ADA), Loom Network (LOOM), 1inch (1INCH), Ankr (ANKR), and NEM (XEM) are among the cryptocurrencies in question. Cardano (ADA)’s 4-hour chart revealed a sharp rise in Upbit trading volume. The … Read more
In its most recent filing, Bitcoin ETF maker Grayscale revealed some information on the Bitcoin Mini Trust (BTC), which has a more appealing 0.15% charge than the uplisted mothership GBTC product. Additionally, the filing gives an indication of how much Bitcoin (BTC) Grayscale will donate to the mini fund: 63,204 bitcoin, or 10% of the … Read more
According to CoinMarketCap, the cryptocurrency token ORDI, which is closely related to the Bitcoin Ordinals protocol, has experienced a double-digit price increase within the past day. The Runes Protocol debut and the conclusion of Bitcoin’s fourth halving event on April 20 early trading hours coincided with the token’s price increase. Casey Rodmarmor, the creator of … Read more