Grayscale’s Bitcoin exchange-traded fund (ETF), GBTC, has seen an estimated $1.1 billion in outflows over the past three days of trading. This trend comes as the fund’s long-standing discount to net asset value has narrowed to its lowest level in…
Bybit, the world’s third most visited cryptocurrency exchange, teams up with artist Rik Oostenbroek for the much-anticipated NFT launch of the Velocity Series. This partnership intertwines Bybit, Oracle Red Bull Racing, and digital artists, fusing technology and artistry. Bybit collaborates…
The analysis begins with a review of Bitcoin’s current situation. Despite a dip due to ETF news, Bitcoin is holding support around $42,000. The analyst identifies a critical resistance area between $40,000 and $43,000, suggesting a potential sideways movement. They…
Optimism allocated a massive amount of tokens for incentivizing growth in the community. Despite positive developments, OP faced challenges with declining price and increasing short positions. In a recent move showcasing commitment to community support, Optimism [OP] distributed 30 million…
The approval of 11 spot Bitcoin exchange-traded funds (ETFs) in the US has set the stage for a flood of billions into the crypto market, boosting liquidity. Despite a slight dip on Saturday, Bitcoin is holding strong. Will Bitcoin Hit…
India has now banned foreign exchanges from operating in the country by blocking access to their websites and new application downloads. India blocked access to global crypto exchanges, including Binance, KuCoin, and OKX, on Jan. 12. India has instituted an…
The Securities and Exchange Commission on Friday said that a social-media post on X falsely stating that it had approved spot bitcoin exchange-traded funds was created after an “unauthorized party” obtained control over the phone number connected with the agency’s…
We are thrilled to share that the audit process, conducted in partnership with the esteemed firm Coinsult, has reached a successful conclusion. Through their meticulous examination and analysis, Coinsult has confirmed the integrity and reliability of our system. This collaboration…
No sooner than the SEC approved all the Spot Bitcoin ETF applications, the trading volume shot up to $4 billion. Some institutions prevented their customers from buying the ETFs, which marginally impacted the BTC price, which plummeted below $46,000 for…
After the fake post comes the real thing. The long-mooted and eagerly anticipated exchange traded funds (ETFs) to track bitcoin got the official go ahead at last, sending the crypto world into a celebratory mood at what it sees as…