A recent report by CoinShares revealed that higher-cost crypto fund issuers in the United States have experienced a significant outflow of $2.9 billion since the new spot Bitcoin ETFs hit the market. Growing Dominance Of Bitcoin ETFs Per the report, while experiencing minor outflows of $21 million last week, digital asset investment products showed significantly

Samson Mow, former Chief Strategy Officer at Blockstream and the CEO of Jan3, recently shared an insight into Bitcoin’s impact on modern financial technology. 1000x Superiority Over Traditional Finance In a bold statement on X, Mow proclaimed that Bitcoin represents a “quantum” leap in monetary technology, surpassing traditional financial systems by “1,000.” The CEO of

In a surprising turn of events that has garnered attention within the crypto community, Robinhood, the prominent American…

CryptoQuant CEO has explained there is a delay between when Grayscale made Bitcoin outflows and when they made a disclosure. Grayscale Has Made Some Bitcoin Outflows That Are Yet To Be Disclosed A few days ago, CryptoQuant founder and CEO Ki Young Ju revealed a discrepancy between on-chain data and the off-chain disclosures made by

On-chain data lets us see the extent and scope of the activity surrounding spot Bitcoin ETFs beyond its impact on BTC price. CryptoSlate’s analysis of on-chain metrics first brought on in Glassnode’s Cointime Economics research paper shows how this affected the activity-to-vaulting ratio (A2VR). The A2VR metric assesses the balance between Bitcoin’s active and inactive
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The world of cryptocurrency has become a hotbed of innovation and wealth creation. Many investors have become millionaires by recognizing the potential of cryptocurrencies early on. While Bitcoin and Ethereum have been the pioneers in this space, newer projects are emerging with innovative features that offer exciting opportunities for investors.

After crypto exchange FTX and its trading arm Alameda Research filed for bankruptcy in November 2022, the failed company has been attempting to recover assets to refund its creditors. In a new development, the FTX affiliate has decided to drop its lawsuit against Digital asset manager Grayscale voluntarily. Related Reading: Grayscale Leads The Pack: Over

FTX, a now-defunct crypto exchange, has reportedly sold off its stake in Grayscale Bitcoin Trust (GBTC). Recent reports indicate that FTX liquidated approximately 22 million shares, valued at nearly $1 billion, effectively reducing its GBTC ownership to zero. This massive sale emerges after GBTC’s transformation into a spot exchange-traded fund (ETF), marking a pivotal moment

In the dynamic landscape of cryptocurrencies, Bitcoin is currently traversing a terrain marked by uncertainty and divergent perspectives. Once a dominant force in the digital currency realm, Bitcoin is now experiencing a period of skepticism and reevaluation. The initial surge in anticipation surrounding the introduction of Bitcoin Exchange-Traded Funds (ETFs) has waned, leading to a

In a recent analysis, Kiarash Hossainpour, founder of Colorways Ventures and The Consensus, warns of a potential shockwave in the Bitcoin market and pointed to several significant Bitcoin holdings that could exert significant selling pressure on the market in the first half of 2024. Potential Bitcoin Sellers First, Hossainpour drew attention to the Grayscale Bitcoin