Bitcoin price stabilizes as sellers lose momentum, signaling a possible recovery. Bitcoin (BTC) has recently stabilized after a significant price drop. It found support at the 200-day simple moving average (SMA), a key level for buyers. The cryptocurrency market has been highly volatile, with BTC briefly dropping below $90,000 before recovering. This movement has left […]
Grayscale’s spot Bitcoin exchange-traded fund (GBTC) saw its second daily net inflows on May 6, drawing in $3.9 million into the converted trust, according to data from Farside Investors. As a result, the overall US spot Bitcoin ETF market recorded net positive inflows of $217 million. GBTC ended its 78-day streak of net outflows last […]
Haru Invest, a troubled cryptocurrency platform, intends to terminate its server a few months after halting withdrawals in June 2023. In an October 16 statement, Hugo Lee, the CEO of Haru Invest, said this move aims to reduce the company’s expenses and address the concerns of clients who have had their assets locked on the […]