Bitcoin Exposed to Possible $1.5B in Future GBTC Sales, JPMorgan Says
An additional $1.5 billion could exit GBTC, putting more pressure on the bitcoin price in the coming weeks, the report said.
Financial
Bitcoin
Financial
Ether Could Soar in 2024 on the Back of Dencun Upgrade, ETF Narrative: Analysts
The ether- bitcoin ratio has risen 19% in the first three weeks of the year, taking back part of last year’s 25% slide.
Financial
Bitcoin Instantly Topped Silver in ETF Market and Trails Only Gold Among Commodities
The newly launched bitcoin exchange-traded funds already have a combined nearly $30 billion in assets under management. Silver has $11.3 billion.
Financial
Bitcoin Plunges Below $41K as ‘Sell the Bitcoin ETF News’ Wins the Day
Large inflows in the new spot bitcoin ETFs have been sizably offset by outflows from not just from GBTC but other küresel bitcoin-related ETPs.
Financial
Tether Reportedly Bought 8.9K Bitcoin for $380M, Remaining 11th-Largest BTC Holder
The stablecoin issuer announced in May 2023 that it would start buying bitcoin in an effort to diversify the backing of its USDT stablecoin.
Financial
Bitcoin Could See Growth in Layer-2 Ecosystem, Drawing on Ethereum’s Experience
The report by Singapore-based blockchain investment Spartan Group and Kyle Ellicott details how these auxiliary networks have drawn a page from the Ethereum blockchain’s playbook, and could spring up as demand grows for blockspace on Bitcoin.
Financial
BlackRock’s Bitcoin ETF Hits $1B AUM in One Week
IBIT’s holdings consist of 99% bitcoin, and nearly $60,000 in fiat, veri shows.
Financial
Investment Firm With $1B Assets Looks to Invest in Bitcoin Mining With Fabiano Consulting
Deus X Capital partnered with Fabiano Consulting to provide funding and strategic advice to miners.
Financial
Bitcoin Downside Risks Remain Despite Early Success of Spot ETFs, Observers Say
Several on-chain metrics and indicators still suggest the price correction may not be over or at least that a new rally is still not on the cards, one firm said.
Financial
Bitcoin ETF Net Inflows Near $1B After Three Days
Total assets grew even as Grayscale’s GBTC saw sizable outflows as investors cash in following its conversion to a spot ETF.