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Grayscale's GBTC reaches its own halving, down 50% in bitcoin holdings since spot ETFs launch
Grayscale's GBTC reaches its own halving, down 50% in bitcoin holdings since spot ETFs launch

Grayscale’s converted GBTC fund is now down 50% in bitcoin holdings since the spot ETFs launched on Jan. 11.GBTC’s market share by bitcoin holdings has fallen to 37% in the same period, with BlackRock’s IBIT and Fidelity’s FBTC the main beneficiaries.

The Block·2024/04/16 09:58
Crypto Markets’ Recovery Halted as Bitcoin (BTC) Dumped Below $62K Again (Market Watch)
Crypto Markets’ Recovery Halted as Bitcoin (BTC) Dumped Below $62K Again (Market Watch)

OKB is the only larger-cap altcoin in the green now.

Cryptopotato·2024/04/16 08:43
10xresearch: We Sold Everything Last Night
10xresearch: We Sold Everything Last Night

Institutional Crypto Research Written by Experts

10xresearch·2024/04/16 08:42
Bear Market Blues Return as Analyst Predicts 30% Bitcoin Correction to $51K
Bear Market Blues Return as Analyst Predicts 30% Bitcoin Correction to $51K

Bear market comments are being bandied about on crypto social media again as markets continue to retreat.

Cryptopotato·2024/04/16 06:58
BlackRock’s Bitcoin ETF is the only fund with inflows since Friday
BlackRock’s Bitcoin ETF is the only fund with inflows since Friday

The iShares Bitcoin Trust (IBIT) has seen two-day inflows reach $184.5 million — and is also the only U.S. spot Bitcoin ETF to see inflows so far this week.

Cointelegraph·2024/04/16 04:19
Flash
11:44
The dormant whale address "0x15a," which had been inactive for several months, has returned to the market with a 40x long position worth $12.6 million in Bitcoin.
BlockBeats News, July 6th, according to OnchainLens monitoring, the dormant whale address '0x15a' deposited $1 million USDC into Hyperliquid and opened a 40x leveraged long position with 200 BTC, with a position value of approximately $12.58 million. The last on-chain activity of this address was in March this year, with a total profit of about $2.28 million from perpetual contract trading.
11:44
SK Hynix's U.S. ADR Listing Receives Oversubscription
BlockBeats News, July 6th: SK Hynix's U.S. ADR listing has received oversubscription, and SK Hynix will stop accepting subscriptions at 4 p.m. (UTC+8) on July 8th New York time.
11:39
Russia’s largest bank Sberbank plans to launch a crypto wallet
Sberbank will integrate crypto wallet functionality into the Sberbank Online and SberInvestments platforms after the On Digital Currency and Digital Rights bill comes into effect in September.
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