Bitcoin ETF: Grayscale records its first inflows of $63 million! – Cointribune EN
3:00 ▪ 3 Minimum read time ▪ up to Eddie S. In the ever-volatile world of cryptocurrencies, prevailing winds can quickly change direction. Grayscale’s remarkable resurgence in the Bitcoin ETF market is proof of that. After enduring nearly four months of outflows from his flagship GBTC fund, the New York-based firm has made a sensational […]
Cardano founder proposes Bitcoin Cash integration in X poll – Cointelegraph
Cardano founder Charles Hoskinson recently posted a “hypothetical survey” on the X social media platform asking the crypto community if they are interested in integrating Cardano and Bitcoin Cash. The poll received more than 12,000 votes in the first 24 hours, with an early majority of 66.3% voting “yes” to the proposal. Source: @IOHK_Charles from […]
Michael Saylor Unveils Crucial Bitcoin Statement as Price Recovers – TradingView
As of this Sunday afternoon, the price of Bitcoin is BTCUSD is trading in slightly negative territory, with a price tag of $63,700. However, we can say that over the past week, the price of the major cryptocurrencies has increased by almost 1%. Digging deeper into the BTC price chart, we see that Bitcoin has […]
Bitcoin opens $63K futures gap as thin liquidity threatens BTC price – Cointelegraph
Bitcoin (BTC) saw a new BTC price rise in after-hours trading, rising to $64,500 on May 4th. BTC/USD 1 hour chart. Source: TradingView Bitcoin volatility increases as the weekend begins Cointelegraph Markets Pro and TradingView Bitstamp confirmed a local high of $64,522, marking a new May high. The strength in the US jobs report supported […]
Grayscale's Bitcoin ETF Sees First Inflow After Billions Lost Since January – CoinDesk
Grayscale Bitcoin Trust (GBTC), the largest Bitcoin ETF by assets, saw net inflows of new capital from investors. According to Farside Investorsthe first daily increase since the product was introduced in January. The Far Side reported a net addition of $63 million on Friday. Tally. Grayscale products have traditionally been the leading investment vehicle for […]
Bitcoin gets back above $61000 after Coinbase and Block drop blockbuster earnings – Quartz
photograph: Benoît Tessier (Reuters) Cryptocurrency exchanges Coinbase and Jack Dorsey’s Block released big earnings reports on Thursday, sending Bitcoin prices above $61,000 by Friday morning. Wegovy and Ozempic: Are you ready for weight loss pills? The quarterly results highlighted the confidence crypto companies have in Bitcoin. Coinbase stock was down 1.5% in Friday morning trading, […]
Bitcoin: Longs erase $100M in 1 day, more to come for BTC’s price? – AMBCrypto News
Bitcoin has fallen below the $60,000 price range. More long positions were liquidated in the last 48 hours. Recent Bitcoin decline [BTC] Rising prices have made traders with long positions vulnerable. Many holders are liquidating their positions as BTC price has fallen further and crossed an important threshold. Bitcoin liquidation amount exceeds $100 million According […]
Publicly traded Bitcoin mining firm Stronghold may sell itself in wake of latest 'halving' – Fortune
2024 started with a sharp rise in the price of Bitcoin, but it has not been a kind year for the miners who run the cryptocurrency, with last month’s “halving” reducing the rewards given to the operating computers that process blockchain transactions. Ta. Stronghold, a publicly traded New York-based mining company, said on its earnings […]
‘Bitcoin Jesus’ Allegedly Evaded Nearly $50 Million In Taxes, Feds Say
Roger Ver, known by his moniker “Bitcoin Jesus,” was arrested in Spain after allegedly engaging in tax evasion, mail fraud, and filing false tax returns, the Department of Justice (DOJ) announced Wednesday. Ver allegedly cheated the Internal Revenue Service (IRS) of at least $48 million by undervaluing his companies and falsely stating that he did […]
Biden vs Bitcoin: What all is at stake as U.S. election 2024 nears – AMBCrypto News
The SEC’s involvement in cryptocurrencies raises questions about partisan regulation in future elections. Darius Dale is looking forward to policies that align with Biden’s on financing the budget deficit. Apart from Bitcoin [BTC] The 2024 US election is one of the most anticipated events of the year. Although the cryptocurrency industry has made significant progress […]