In a remarkable feat since their launch in January, nine out of the 10 new spot Bitcoin exchange-traded funds (ETFs) have collectively amassed over 500,000 BTC, now constituting 2.54% of the current circulating supply. This milestone, achieved within a mere 54 trading days, underscores the growing significance of ETFs in
The world’s largest cryptocurrency by market capitalization has been on a remarkable surge over the past few months. Its journey reached new heights when U.S.-listed spot Bitcoin (BTC) exchange-traded funds (ETFs) attracted over $10 billion in daily trading volume, sending BTC to a new all-time high of $73.8k. However, the
With open interest (OI) for bitcoin futures hitting a new high on centralized exchanges, trading activity surrounding Bitcoin has been on the rise. Friday saw a record-breaking amount of aggregated open interest for bitcoin futures, reaching $38 billion, according to CoinGlass. The daily open interest in bitcoin futures has climbed
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
BlockDAG’s $2 million giveaway emerges as a groundbreaking initiative. This campaign is part of a strategic push to elevate BlockDAG‘s market presence, distinguishing it from other cryptocurrencies like Raboo (RABT) and Bitcoin SV (BSV), which have unique market challenges and opportunities. The attractive offer of BDAG coins at 0.003 USDT
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
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
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,
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
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
