Bitcoin ETFs

Bitcoin Price Falls 5% as Miners and Long-Term Holders Sell

Leave a Comment / Trending Articles /

Bitcoin (BTC) price dropped by around 5% in the last 24 hours as selling pressure increased. Reports suggest that long-term BTC holders and miners have emerged as significant sellers, showing limited signs of renewed demand. Bitcoin Sees Miner Sell-Off According to CryptoQuant, these sellers offloaded over $1.2 billion worth of Bitcoin, indicating a broader market […]

Bitcoin Price Falls 5% as Miners and Long-Term Holders Sell Read More »

Bitcoin Experiences Sudden Drop; Spot Bitcoin ETF Sees Significant Inflows.

Leave a Comment / Trending Articles /

On May 10, 2024, Bitcoin, the largest cryptocurrency by market capitalization, experienced a surprising drop after nearly 16 hours of sideways trading. Despite the decline, a noteworthy influx of funds into spot Bitcoin ETFs might signal renewed interest from investors and traders. According to LookOnChain, a prominent on-chain analytics firm, out of 10 spot Bitcoin

Bitcoin Experiences Sudden Drop; Spot Bitcoin ETF Sees Significant Inflows. Read More »

Grayscale’s Bitcoin holdings decline by 50% following the approval of spot Bitcoin ETFs.

Trending Articles /

Following the U.S. authorization of spot Bitcoin ETFs (Exchange Traded Funds), the cryptocurrency market, especially Bitcoin, witnessed significant gains. This approval notably affected Grayscale’s Bitcoin Trust (GBTC), which saw its Bitcoin holdings decrease by half within three months of the ETF’s launch. Grayscale’s Bitcoin Trust began with approximately 619,220 BTC when spot Bitcoin trading was

Grayscale’s Bitcoin holdings decline by 50% following the approval of spot Bitcoin ETFs. Read More »

Bitcoin ETFs vs Gold ETFs, Who Will Win the Race?

Leave a Comment / Trending Articles /

The exchange-traded funds (ETFs) became one of the trendiest topics of the year 2024 as digital assets seek validation from the financial markets. Still, without crypto’s introduction, ETFs are popular in the investment markets. Actually, these investment products gave digital assets the limelight. ETFs are known as funds that provide investors with an easy and

Bitcoin ETFs vs Gold ETFs, Who Will Win the Race? Read More »