Grayscale (GBTC) Sees 5% Jump after $17.46B Consecutive Outflow
The recent influx of $63 million offers a glimmer of hope for the Grayscale Bitcoin Trust. This positive trend coincides with a broader upswing in the cryptocurrency market.
Bitcoin is a peer-to-peer payment system and digital currency introduced as open source software in 2009.
The recent influx of $63 million offers a glimmer of hope for the Grayscale Bitcoin Trust. This positive trend coincides with a broader upswing in the cryptocurrency market.
Among the top 10 cryptocurrencies, TON emerged as the only fresh face on the scene.
The recent Bitcoin price rise above $65K has carried with it the altcoin market led by Solana, Toncoin, and Avalanche, among others.
It’s been two weeks since the halving and the price of Bitcoin has not seen a sizable jump. Rather, the coin has seen significant bearish fluctuations, going below $60,000.
The launch of the crypto trading platform in Hong Kong comes a few days after the introduction of Bitcoin and Ethereum spot ETFs in the market.
According to exprts, there is no better time than now for China to seek alternative investment opportunities.
The blockchain infrastructure sector attracted over $1 billion in crypto funding in April, closely followed by the DeFi, CeFi, and GamiFi sectors.
The updated law welcomes donations in local government-issued, KRW-pegged stablecoins and blockchain-based gift vouchers.
Novel protocols like Bitcoin Ordinals and Runes have been bringing in more activity to the world’s first blockchain.
Raboo is making the rounds among crypto news outlets after the initial stages of its presale drew over $1 million in fresh investment.