Search Results for: btc

Core Chain Launches Non-Custodial BTC Staking; Collaborates With DeFi Technologies Subsidiary, Valour, for Innovative Bitcoin ETPs

Core Chain introduces Non-Custodial BTC Staking, a feature making BTC a yield-earning asset for the first time in its history. ● Innovative Bitcoin ETPs Launch with DeFi Technologies Inc. : DeFi Technologies Inc. and Valour partner with the Core Foundation to launch groundbreaking Exchange Traded Products (“ETPs”), including a first-of-its-kind

April 17, 2024 6 mins read

Grayscale Bitcoin ETF GBTC Suffers Steady Bitcoin Outflows

With little sign of reducing anytime soon, Grayscale Bitcoin ETF GBTC’s Bitcoin holdings are steadily dwindling. After the fund lost more than 2,500 Bitcoin on Friday, April 12, the withdrawals from GBTC soared beyond $166 million. Farside Investors reports that since the Bitcoin ETF debuted in January of this year,

April 13, 2024 2 mins read

Experienced Analyst Who Predicted Bitcoin Bottom in 2022 Says BTC Will Break $100,000 Post-Halving, Reveals Three Altcoins That Will Gain the Most

Finding profitable prospects in the realm of cryptocurrency investing necessitates having a forward-thinking mindset and a deep comprehension of market dynamics. The forecasts and analyses of seasoned experts carry a lot of weight for investors looking for direction and insight, frequently influencing investment strategies and choices. One such analyst, well

April 11, 2024 3 mins read

Grayscale CEO Sees Equilibrium as Anticipated GBTC Outflows Subside

According to the most recent edition of Reuter’s Inside ETFs, the remarks made by Grayscale CEO Michael Sonnenshein about Bitcoin ETFs seem to have sent shockwaves across the cryptocurrency market throughout the world. On April 10, investor interest was piqued by Michael Sonnenshein’s statement that Grayscale Bitcoin Trust (GBTC) outflows

April 11, 2024 1 min read

Retail Interest in Crypto Wanes Ahead of Impending BTC Halving

Retail investors are not yet “believing the hype,” according to Joe Vezzani, CEO of LunarCrush, a social media analytic platform, even if the values of Bitcoin and other digital assets are soaring. According to Vezzani, there has been a marked decline in social interactions and general retail interest, as compared

April 11, 2024 2 mins read

Hong Kong’s Bold Step with Bitcoin ETFs, How BTC Responds?

Hong Kong is poised to greenlight Bitcoin Exchange-Traded Funds (ETFs) this month, marking a monumental shift in the global investment landscape. The impending approval by the Hong Kong Securities Regulatory Commission (SFC) comes hot on the heels of the U.S. Securities and Exchange Commission’s (SEC) decision to embrace Spot Bitcoin

April 10, 2024 2 mins read

Genesis Sells GBTC Shares, Acquires 32,041 Bitcoins to Repay Creditors

Genesis Global Capital announced a successful sale of its Grayscale Bitcoin Trust (GBTC) shares. The defunct crypto lending firm used the funds to purchase 32,041 Bitcoins. The corporation is making this move to appease its creditors and customers. A total of over 36 million GBTC shares were sold out. The

April 6, 2024 1 min read

Binance Wallet and BTC L2 project BEVM launch an exclusive airdrop

Cardiff, 英国, April 4th, 2024, Chainwire According to Binance Web3 official announcement, Binance Web3 Wallet has officially launched a joint airdrop event with the BTC Layer2 project BEVM. Users who complete three simple tasks on BEVM through Binance Web3 Wallet will receive an exclusive airdrop of BEVM token. BEVM will

April 5, 2024 6 mins read

Can Cardano and 1000x Token O2T Hit an ATH Before BTC Halving?

The cryptocurrency market is rife with speculation as investors and enthusiasts alike ponder the potential for Cardano (ADA) and the promising 1000x token, Option2Trade (O2T), to reach new all-time highs (ATH) before the forthcoming Bitcoin halving. The anticipation of this event has historically stirred significant market activity, often resulting in

April 5, 2024 4 mins read

Bitcoin Reserves on Crypto Exchanges Hit Record Lows Ahead of Halving

Bitcoin (BTC) Faces Asian Sell-Off Amidst Automated Trading

Bitcoin Market—Asian investors are experiencing wild swings as automated trading systems react swiftly to data from US exchange-traded funds (ETFs) holding the cryptocurrency. This phenomenon was evident on Tuesday when Bitcoin faced its sharp decline in a month during Asian trading hours, driven by outflows from these ETFs. According to

April 3, 2024 1 min read