Mon, September 1

Billions in Bitcoin Flow Out of Exchanges as ETFs Drive Supply Squeeze

Since the introduction of spot exchange-traded funds (ETFs) in the U.S, approximately $10 billion worth of Bitcoin has deserted cryptocurrency exchanges. Glassnode, an on-chain monitoring company, reports that exchanges have witnessed outflows of more than 136,000 BTC since January 11th. Due to large withdrawals from exchanges this quarter, the supply

March 29, 2024 1 min read

Velar’s Bybit Listing: Signifying a Key Development for the Bitcoin Ecosystem

With its Initial Exchange Offering on Bybit, one of the top 2 exchanges in the world for derivatives volume and one of the top three exchanges globally by spot volume, Velar, the Bitcoin liquidity protocol that is bringing trillions of dollars in dormant capital to DeFi markets, is thrilled to

March 27, 2024 4 mins read

Peter Schiff Shifts Focus to Trump’s DJT Stocks, Calls it Bitcoin’s Alternative

After abandoning Gold, his beloved asset, for the first time, Bitcoin detractor Peter Schiff has found a new adversary for BTC. Hardline crypto critic Peter Schiff confirmed that the Truth Social SPAC (DWAC), an official business trading under the ticker DJT, founded by former US President Donald Trump, is a

March 27, 2024 2 mins read

Bitcoin Surges Over $70,000 on Back of Rising ETF Inflows

Bitcoin (BTC) surged past the $71,000 mark, marking a strong start to the week following a brief dip in prices last week. The renewed bullish sentiment has been fueled by increased investor interest, with net inflows into Bitcoin exchange-traded funds (ETFs) again turning positive. According to Spot on Chain’s report,

March 26, 2024 1 min read

Bitcoin Reserves on Exchanges Hit Record Low Amid Accumulation Surge

Bitcoin (BTC) accumulation is showing resurgence and has caused the supply of Bitcoin on crypto exchange Coinbase to hit a nine-year low and recapture the $70,000 threshold. On March 25, Bitcoin reached its highest point since March 15 as it recovered the $70,000 level, according to statistics from CoinMarketCap. In

March 26, 2024 1 min read

London Stock Exchange to Accept Applications for Bitcoin ETN Listing

Applications to list cryptocurrency products, such as Bitcoin and Ethereum Exchange Traded Notes (ETNs), will soon be accepted by the London Stock Exchange (LSE). According to the statement made earlier on Monday by the trading giant, trade is expected to begin in the second quarter of this year. When the

March 26, 2024 2 mins read

ESMA Finalizes MiCA Report, Begins Third Consultation Phase

As a penultimate step toward creating a well-structured and secure ecosystem for crypto assets in the EU, the European Securities and Markets Authority (ESMA) has released its final report on Markets in Crypto Assets (MiCA) legislation. Along with the release of this important report, ESMA will launch its third consultation

March 26, 2024 2 mins read

Will BlackRock’s Bitcoin ETF Ever Overtake Grayscale’s Holdings?

BlackRock’s spot Bitcoin ETF is poised to overtake the Grayscale Bitcoin Trust (GBTC) in terms of Bitcoin holdings within the next few weeks. As of March 22, BlackRock’s ETF holds approximately 243,126 Bitcoin, valued at $15.48 billion, with a steady daily inflow of around $274 million. On the other hand,

March 25, 2024 2 mins read

Few Weeks to Bitcoin’s 2024 Halving Event: Watch These 3 Altcoins Set to Go Parabolic Post-Halving: Ethereum (ETH), Solana (SOL), and Retik Finance (RETIK)

With just five weeks remaining until Bitcoin’s highly anticipated halving event on April 20th, 2024, investors are eagerly eyeing alternative cryptocurrencies poised for significant growth. Ethereum (ETH), Solana (SOL), and Retik Finance (RETIK) have emerged as top contenders expected to go parabolic post-halving, offering investors lucrative opportunities in the evolving

March 25, 2024 4 mins read
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