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US Government Plans to Sell $130M Worth of Silk Road Bitcoin Stash

Newt Bettec2 years ago3 min read

Sale of Confiscated Silk Road Bitcoin The US government plans to auction off approximately $130 million worth of Bitcoin that was seized from the dark web…

Bitcoin Appears to be a Promising Long-Term Inflation Hedge, Analysts Suggest

Noah Rypton2 years ago3 min read

The SEC’s Approval of Bitcoin ETFs: A New Avenue for Financial Security The recent approval of Bitcoin ETFs by the Securities and Exchange Commission (SEC) marks…

Glassnode Reports BTC and ETH Experience Different Outcomes as ETF Expectations Fizzle

Owen Patter2 years ago2 min read

Bitcoin ETF Approval Leads to “Sell-the-News” Event The approval of Bitcoin ETFs led to a decline in Bitcoin’s value, erasing previous gains. This is a common…

Grayscale’s GBTC Sells $527M in Bitcoin amid Decreased Trading Volumes for Spot ETFs; Other Funds Still Accumulate BTC

Benito Cormi2 years ago2 min read

Spot Bitcoin ETFs Experience Lowest Volume Since Jan. 11 According to the latest data, spot bitcoin exchange-traded funds (ETFs) had their lowest trading volume day since…

Record-breaking Outflow of Total Net in Bitcoin Spot ETFs

Noah Rypton2 years ago2 min read

Record Outflow of Bitcoin Spot ETFs On January 24, Bitcoin spot ETFs experienced a total net outflow of $159 million, marking the largest one-day net outflow…

Glassnode: Ethereum Emerges as the Top Gainer in the Market Following ETF Approval

Newt Bettec2 years ago2 min read

Ethereum’s Superior Performance Against Bitcoin and Altcoins A recent report from on-chain analytics firm Glassnode highlights the recent performance of Bitcoin, Ethereum, and altcoins in relation…

Bitcoin ETF Day 8 Update: Market Recovery Indicates Potential Bottom While Grayscale’s Selling Pace Decelerates

Newt Bettec2 years ago3 min read

Bitcoin ETFs Show Signs of Stabilization and Growing Institutional Interest Since the approval of Bitcoin ETF applications by the US Securities and Exchange Commission (SEC) on…

Leading the Path: First US Bitcoin ETF by Bitwise Publicly Reveals Wallet Address

Benito Cormi2 years ago2 min read

Bitwise Revolutionizes Spot Bitcoin ETF with Onchain Authentication Bitwise, a prominent digital asset manager, has made a groundbreaking move by becoming the first U.S. spot bitcoin…

Bitwise Leads the Way with On-Chain Addresses for Bitcoin ETF Holdings

Noah Rypton2 years ago3 min read

The Bitwise Bitcoin ETF (BITB) Embraces Transparency with On-Chain Addresses The Bitwise Bitcoin ETF (BITB) has taken a significant step towards transparency by publishing the on-chain…

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