Current data reveals that Blackrock’s IBIT spot bitcoin exchange-traded fund (ETF) currently possesses 52,025.76 bitcoin, with a total value of $ 2.18 billion. Furthermore, Fidelity’s FBTC has increased its bitcoin holdings, now standing at 46,238.09 bitcoin as of Jan. 29, 2024. Blackrock Snags 52,025 Bitcoin, While Fidelity Now Holds 46,238 Several of the …
Nearly Half of Users Primarily Use Crypto to Earn Extra Income — Binance Study
Nearly half of the crypto exchange Binance’s users list “earning extra income as their primary use for crypto.” The survey also revealed that 36% of the respondents consider “achieving financial security and independence” as the primary objective for using crypto for savings. Achieving Financial Independence With Crypto According to a survey conducted by Binance, one […]
Bitcoin Breaks $40K Barrier — Highest Value in Nearly Two Years
Report: Operator of South Korean Crypto Exchange Upbit Sees a Nearly 40% Drop in Operating Profit
Dunamu, the operator of the South Korean crypto exchange Upbit, recently said it had realized an operating profit amounting to $ 79 million in the third quarter of 2023. Virtual asset valuation losses contributed to the 81.6% drop in the operator’s net profit for the period. Operating Profit Down by Nearly 40% In …
South Korea’s Crypto Premiums Roar Back, Bitcoin Trades Nearly $1,300 Above Global Average
Recent data reveals the crypto economy has experienced notable growth over the past month, with a substantial portion of its trading activity originating from South Korea. As an illustration, on Saturday, November 18, 2023, the Korean won accounted for 3.53% of all bitcoin (BTC) trades in the previous 24 hours. Bitcoin Price Soars $ …