Grayscale’s Bitcoin ETF Outflows Surpassed for the First Time


Cathie Wood’s ARK 21shares Bitcoin ETF experienced a daily outflow of $87.5 million on April 2, marking a historic event as it exceeded Grayscale’s Bitcoin Trust’s outflow for the first time since the introduction of spot bitcoin ETFs in the U.S. Despite this outflow and...

Goldman Sachs CIO Says Bitcoin Is Not an Investment Asset Class


Goldman Sachs chief investment officer Sharmin Mossavar-Rahmani, said in an interview with the Wall Street Journal, Bitcoin is not considered an investment asset class, adding "we’re not believers in crypto.”   The post Goldman Sachs CIO Says Bitcoin Is Not an Investment Asset Class appeared...

3 Major UK Banks Bet On Blockchain Property Network With $12M Backing


Lloyds Bank, Nationwide Building Society, NatWest Group, and property portal Rightmove collectively invested £10m (about $12.6m) in Coadjute, a blockchain firm focused on property transactions. The post 3 Major UK Banks Bet On Blockchain Property Network With $12M Backing appeared first...

Arkon Energy Strikes Deal With Bitmain for 27,700 Bitcoin Mining Rigs


On Tuesday, the Ohio-based bitcoin mining and colocation company Arkon Energy announced its procurement of 27,700 bitcoin mining rigs from Bitmain, equaling a hashpower of 6 exahash per second (EH/s). Ohio’s Arkon Expands Mining Fleet With 6 EH/S Boost From Bitmain Arkon Energy has revealed...

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