#bitcoin

Bitcoin (BTC) fell 5% to $65,970 from $69,450 in less than 30 minutes in the early hours of April 2 UTC. This marks a 10.60% drop from its peak of $73,798 reached in mid-March.  The price drop triggered a massive liquidation of over $483 million worth of leveraged crypto positions on centralized exchanges (CEXs) in […]

According to a March 25 X post by Arkham Intelligence, the 5th richest Bitcoin address, known cryptically as “37X,” transferred nearly its entire balance of 94,500 BTC, valued at $6.05 billion, on March 23, leaving only 1.4 Bitcoin in the initial address. The move sent ripples through the crypto community, as the large sum had […]

The net aggregate flow of funds to the spot Bitcoin (BTC) exchange-traded funds (ETFs) turned positive for the first time since March 15. According to provisional data published by investment firm Farsid, spot BTC ETFs registered inflows totalling $15.4 million on March 25. This marks a reversal of a trend that led to net outflows […]

Crypto asset manager Grayscale’s Bitcoin exchange-traded fund (ETF) experienced another day of significant outflows, with nearly $359 million exiting the fund on March 21. This follows a massive week of outflows, with March 18 seeing the largest single-day outflow of $643 million, according to data from Farside Investors.  The total outflow from Grayscale’s GBTC for […]

Japan’s Government Pension Investment Fund (GPIF), the world’s largest pension fund with assets totalling $1.5 trillion, has officially announced its initiative to explore diversification opportunities that include Bitcoin alongside traditional investments such as gold and more unconventional assets like forests and farmland. This exploration marks a monumental potential pivot in a fund’s investment strategy traditionally […]

According to data compiled by BitMEX research, Grayscale’s spot Bitcoin (BTC) exchange-traded fund (ETF), GBTC, experienced a net outflow of approximately $643 million on March 18 as Bitcoin price continues to drop. This marked the biggest single-day loss since Grayscale converted its trust to a spot Bitcoin ETF on January 11. Concurrently, Fidelity’s Bitcoin ETF—the […]

The price of Bitcoin (BTC) faced a deep correction from its all-time highs during early-day trading on Tuesday. At the time of writing, the largest cryptocurrency by market cap was trading at $63,100, down nearly 7.51% over the past 24 hours. The price drop sparked massive liquidations of leveraged crypto positions worth over $659 million […]

Grayscale’s Chief Legal Officer, Craig Salm, has announced that the company has submitted a revised Form 19b-4 for its Ethereum Trust to the U.S. Securities and Exchange Commission (SEC). Salm considers the move a crucial step in Grayscale’s effort to upgrade ETHE to start trading on the New York Stock Exchange (NYSE) Arca. In his […]

Bitcoin (BTC) fell below the $68,000 mark in early-day trading on Friday after hitting a new high above $73,000 the previous day. At the time of writing, Bitcoin was trading at $67,141, nearly 8% down in the last 24 hours. The price correction triggered massive liquidations of positions worth more than $811 million in the […]