BlackRock Bitcoin ETF now holds more BTC than MicroStrategy – Cointelegraph
BlackRock’s Spot Bitcoin exchange-traded fund (ETF) has surpassed MicroStrategy’s crypto holdings. According to data compiled by BitMEX Research, BlackRock’s IBIT hold Approximately 40 trading sessions have taken place since the Securities and Exchange Commission approved nine new funds on January 10th, with 197,943 Bitcoins valued at over $13.5 billion as of March 8th. Excluding Grayscale’s […]
MakerDAO implements temporary fee adjustments amid market volatility – Cointelegraph
MakerDAO, the entity responsible for the development of the MKR token, has announced plans to strengthen its protocol as increased market volatility and bullish sentiment have led to a decline in the reserves of its stablecoin Dai (DAI). Passed a new board vote implementing temporary fee adjustments. . The proposal comes after Dai’s supply rapidly […]
Binance class-action lawsuit dismissal reversed by appeals court – Cointelegraph
A US appeals court has overturned a ruling that dismissed an investor-led class action lawsuit against cryptocurrency exchange Binance. according to filing On March 8, in a hearing with the U.S. Court of Appeals for the Second Circuit, a district court ruling rejecting investor claims regarding transparency issues in Binance’s alleged sale of securities was […]
DeFi TVL reaches $100B as Bitcoin pumps sentiment – Cointelegraph
Demand for Bitcoin is fueling sentiment in the crypto industry, with over $100 billion of capital locked on-chain as of March 9th. according to According to data from DefiLlama, the global total value lock (TVL) in decentralized finance (DeFi) protocols has reached $100.1 billion, with more than $10 billion traded in the past 24 hours […]
Many terrible cryptos are trading at 'crazy valuations,' warns Bitwise CIO – Cointelegraph
Bitwise Chief Investment Officer Matt Hogan has warned investors to approach highly valued crypto projects with skepticism due to a “wealth effect” occurring in the crypto market. He noted that traders are reallocating some of their Bitcoin (BTC) to other crypto investments, causing a market-wide price increase. In recent series, Post On X, Hogan said […]
What 15% BTC price crash? Bitcoin bulls charge higher as $67K returns – Cointelegraph
Bitcoin (BTC) is rapidly recovering from a $10,000 BTC price drop as intense volatility continues to put pressure on traders. BTC/USD 1 hour chart. Source: TradingView Derivatives show bets on BTC price are already back Cointelegraph Markets Pro and TradingView This shows that BTC/USD has recouped more than half of its losses on March 5th. […]
BlackRock's iShares ETFs record $788M net inflow as Bitcoin bull run gathers pace – Cointelegraph
BlackRock’s (IBIT) iShares exchange-traded fund (ETF) hit its highest single-day inflow of $788 million on March 5th, and the all-time high of $612.1 million on February 28th. exceeded. The Bitcoin ecosystem has reached two landmark milestones: Bitcoin (BTC)’s new all-time high of $69,324 and the inflow of spot BTC ETF investments in the United States. […]
Bitcoin flash crash wipes $1B in 'speculative excess' from markets – Cointelegraph
Cryptocurrency traders are using options and futures to gain exposure to Bitcoin (BTC) after the currency plummeted more than 14% from its all-time high of $69,200 on March 5. They have raised an astonishing $1 billion in funding. On-chain analytics provider Santiment’s March 6 post on X I have written It was revealed that the […]
Bitcoin ETF inflows hit $562 million as BTC price eyes new high – Cointelegraph
The U.S.-based Spot Bitcoin exchange-traded fund (ETF) traded 562,000 BTC on March 4, as the price of BTC topped $68,000 and moved closer to the cryptocurrency’s all-time high of about $69,000. It recorded a net inflow of $1 million. This was the third-highest day of inflows into the Spot Bitcoin ETF since it began trading […]
Insanely bullish facts and figures about how the bull market may play out – Cointelegraph
Amid the sharp rise in Bitcoin (BTC) prices over the past week, Bitcoin (BTC) enthusiasts have had no shortage of bullish comments on social media platform X. The price is now rapidly approaching its all-time high of $69,000. At the time of publication, Bitcoin is trading at $68,300, up 7% in the past 24 hours. […]