Last week, BTC ETFs saw four days of consecutive inflows totaling nearly $570 million, driving Bitcoin’s price to $72,000. However, Monday’s outflow caused BTC’s daily trading volume to decline by 6%, forcing the price to retrace to $69,000. However, nearly $303 million was withdrawn from Grayscale’s ETF, GBTC.
With the halving approaching, analysts are divided on how the BTC market will perform in the short term. However, not all investors share the same sentiment.
The guide states that Bitcoin builders are preparing for the launch by developing supporting infrastructure for Runes tokens. This highlights growing interest and development within […]
Central Bank Digital Currencies are a topic of concern due to potential government intrusion into personal finances. Senator Blackburn warns against the increased access to […]
The cohort of long-term holders is now adding around 200,000 BTCs per month, which analysts say is far exceeding the monthly issuance of approximately 28,000 […]