Spot Bitcoin ETFs Lose $400M
On Thursday, there was a decrease of $400.67 million in investments for spot Bitcoin exchange-traded funds in the US. The ETFs managed by Ark and Bitwise experienced their largest single-day withdrawals, putting an end to their streak of six consecutive days of positive flows. According to data from SoSoValue, the largest outflow was from Fidelity’s […]
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Bitcoin ETFs’ Trading Volume Hit New High
The United States’ Bitcoin exchange-traded funds (ETF) yesterday reached a record high of $10 billion in trading volume, coinciding with Bitcoin’s new all-time high.
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Grayscale Records Slowdown in Spot Bitcoin ETF Outflows
Crypto asset management firm Grayscale has seen a decrease in outflows from its spot Bitcoin ETF, but experts believe that there is still potential for more.
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Bitcoin Blockchain Accounts for More Than 40% of NFT Trading Volume
In 2023, the combined value of non-fungible tokens in the top ten networks experienced a sharp decline of 55.1%, reaching $11.8 billion.
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Bitcoin Futures Open Interest Reaches $21B
According to CoinGlass, the total value of active Bitcoin futures contracts, known as notional open interest, has reached a 26-month high.
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Arthur Hayes Says Alternative to ICO Can Be Used in Crypto Promotion
According to former BitMEX CEO Arthur Hayes, the use of “points” is a more effective way of promoting cryptocurrencies compared to ICOs and income farming.
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Ark Invest CEO: Investors Ought to Protect Their Capital Through Bitcoin
Cathie Wood, CEO of the Ark Invest fund, recently highlighted the unique nature of Bitcoin as an independent asset that is not influenced by central banks.
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MicroStrategy Buys 850 Bitcoins
In January, according to a recent post by Michael Saylor, the founder and chairman of MicroStrategy, the company purchased an additional 850 Bitcoin for $37.2 million.
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