Over a span of six days in the U.S. market, nine newly launched spot bitcoin exchange-traded funds (ETFs), along with the recently revamped GBTC, collectively saw a trading volume of $ 16.53 billion. GBTC, commanding the majority of this trade volume, experienced a substantial reduction in its bitcoin holdings. In just the past 24 …
Recent blockchain analytics reveal that 4,000 bitcoins, valued at approximately $ 175 million, have been transferred from addresses believed to be controlled by Grayscale’s Bitcoin Trust, commonly referred to as GBTC. Records indicate that these transfers occurred in four separate batches of 1,000 bitcoins each, directed towards Coinbase. Arkham Data Shows Flagged Grayscale Wallets …
U.S. spot bitcoin exchange-traded funds (ETFs) racked up $ 4.6 billion in total trading volume on their first day of trading. Blackrock, the world’s largest asset manager, debuted with more than $ 1 billion in trading volume for its Ishares Bitcoin Trust. Grayscale’s spot bitcoin ETF, which converted from the Grayscale Bitcoin Trust, …
As the clock turned to 2024, bitcoin’s price danced between $ 42,094 and $ 42,781 per unit. On Jan. 1, amid the holiday’s quiet, bitcoin’s current technical indicators offer a mixed bag of signals, setting a contemplative stage for the year ahead. Bitcoin Jan. 1, 2024, saw bitcoin (BTC) with a modest 24-hour …
In the past week, trading activity on the decentralized exchange (dex) Thorchain has experienced a significant surge, reaching $ 1.854 billion in trade volume. Data shows that Thorchain is currently the third-largest dex in terms of volume, following the popular dex protocols Uniswap and Pancakeswap. 2% of Global Bitcoin Spot Trading Channeled Through Thorchain …