Data shows that U.S. spot bitcoin exchange-traded funds (ETFs) experienced negative outflows on Friday, totaling $55.1 million, with Grayscale’s Bitcoin Trust (GBTC) seeing another notable decrease. Metrics from Thursday reveal GBTC held 316,193.43 bitcoins, but after a decline of 2,048.23 bitcoins, the fund’s holdings reduced to 314,145.2 bitcoins. Blackrock and Fidelity Absorb Bitcoin Despite GBTC’s […]
This week, the value of the fiat-pegged cryptocurrency economy has climbed to $160 billion, a peak last observed in May 2022, shortly before Terra’s UST detached from its intended $1 parity on May 9, 2022. In the past month, various stablecoins have experienced an increase in supply, with Ethena’s USDE at the forefront, registering a […]
Magic Eden, a Solana-based NFT marketplace, achieved its highest monthly trading volume in March, outpacing Blur with a 194.4% increase to $756.5 million, attributed to its Diamond reward program and support for creator royalties. This surge led Magic Eden to become the top NFT marketplace by trading volume, dethroning Blur for the first time since […]
Shares of iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG – Get Free Report) saw strong trading volume on Monday . 1,163,042 shares traded hands during mid-day trading, an increase of 119% from the previous session’s volume of 532,048 shares.The stock last traded at $114.34 and had previously closed at $116.17. iShares Core S&P U.S. Growth […]
On Monday, U.S. spot bitcoin exchange-traded funds (ETFs) experienced another round of outflows, shedding $36.7 million since the outflows on Friday. Additionally, after the close of Monday’s market, Grayscale’s Bitcoin Trust (GBTC) offloaded 2,524.1 bitcoins valued at $159.25 million. Blackrock’s IBIT and Fidelity’s FBTC Lead in Bitcoin Accumulation as GBTC Sells Off Since the trading […]
IBIT’s share of Bitcoin ETF volume crossed 50% for the first time since launch.
The market has shaken off concerns of escalations between Iran and Israel
Of the 11 financial institutions that issued spot Bitcoin ETFs in January
Dimensional Emerging Core Equity Market ETF (NYSEARCA:DFAE – Get Free Report) shares saw unusually-high trading volume on Friday . Approximately 3,344,212 shares were traded during mid-day trading, an increase of 383% from the previous session’s volume of 692,679 shares.The stock last traded at $24.09 and had previously closed at $24.18. Dimensional Emerging Core Equity Market […]
Bitcoin Standard Hashrate Token (BTCST) traded down 0.2% against the dollar during the twenty-four hour period ending at 20:00 PM E.T. on April 21st. Bitcoin Standard Hashrate Token has a market cap of $4.88 million and approximately $82,090.55 worth of Bitcoin Standard Hashrate Token was traded on exchanges in the last day. One Bitcoin Standard […]
The fifth-largest stablecoin in the crypto economy by market capitalization, Ethena’s USDE, temporarily detached from its peg on Saturday amid market declines. Data reveals that the token, designed to mirror the U.S. dollar’s value, declined to $0.965 each. Similarly, the market witnessed the fourth largest stablecoin, FDUSD, fall to a low of $0.9557 per coin. […]
Sometime in the next few days or even hours, the “miners” who chisel bitcoins out of complex mathematics are going to take a 50% pay cut — effectively slicing new production of the world’s largest cryptocurrency in half. That could have a lot of implications, from the price of the asset to the bitcoin miners […]