Bitwise Asset Management expects bitcoin to have a great next 12 months. A Bitwise researcher has explained that the cryptocurrency will likely continue to test its “higher highs” this year and next. He considers regulatory risk to be the primary concern for bitcoin. ‘I Think We’re Just Getting Started’ Bitwise Asset Management has reaffirmed its […]
U.S. spot bitcoin exchange-traded funds (ETFs) experienced three consecutive days of net outflows, with a loss of $58 million on Tuesday. Leading the outflow for the day was Grayscale’s GBTC. After Another Day of Outflow, IBIT Nears GBTC as Potential Leader in Spot Bitcoin ETF Market Grayscale’s GBTC continued to report reductions in its bitcoin […]
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 […]
While Blackrock’s spot bitcoin exchange-traded fund (ETF), IBIT, experienced a continuous influx for 71 days before halting this week, Grayscale’s Bitcoin Trust (GBTC) holds the record with 72 consecutive days of outflows, surpassing all other ETFs on record. “No ETF has ever done anything close to that,” observed Eric Balchunas, Bloomberg’s senior ETF analyst, on […]
On-chain data shows that Bitcoin has flipped Ethereum in another metric, as the transaction fees paid on the BTC network are now higher than those paid on the ETH network. Bitcoin Total Transaction Fees Is Now Higher Than Ethereum’s As pointed out by analyst James Van Straten in a post on X, the Bitcoin transaction […]
Samson Mow, CEO of Jan3, a Bitcoin adoption firm, recently reignited discussions on two crucial aspects of the cryptocurrency: user privacy and future price trajectory. In a thought-provoking conversation, Mow referenced Satoshi Nakamoto’s privacy vision from the Bitcoin white paper, emphasizing its continued relevance. Related Reading: Ethereum ETFs On Hold? US Regulators Expected To Block […]
Oracle chairman Larry Ellison made the surprise announcement Tuesday that
Federal Reserve Chair Jerome Powell says recent data show a lack of further
We have all been guilty of falling under the foundation model spell of the past year-and-a-half, initiated by OpenAI’s unveiling of ChatGPT to the public. But it is not only where large language models (LLMs) such as GPT-4 are concerned that incredible progress has been made in the field of artificial intelligence. And one company has been behind more impressive milestones than most — DeepMind, acquired by Google in 2014 for a reported £400mn to £650mn. Speaking at the TED 40th...
Elon Musk said Friday (April 12) that charging users a “small fee” to become active on X may be necessary to reduce bots and spam on the social media platform. “Unfortunately, a small fee for new user write access is the only way to curb the relentless onslaught of bots,” he wrote in a Monday […]
The US says it won't take part in any Israeli response and urges its ally to exercise caution.
Asset management firm Grayscale has disclosed new details about its new Bitcoin Mini Trust fund, a “spin-off” of the GBTC exchange-traded fund (ETF). The new fund, which was first announced in March, is expected to operate independently and offer a cost-effective investment option to GBTC shareholders. Grayscale Offers Industry-Low Fee With New Fund According to […]