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GBTC ETF Sees Another $515M in Outflows as Bitcoin Price Remains Below $40k


GBTC has reported another $515 million in outflows on January 23, taking the total outflows to $3.4 billion since its conversion to spot ETF earlier this month. Nine other recently approved spot Bitcoin ETFs recorded a total of $249 million in inflows. Bitcoin lost all of its gains since...

Grayscale Selling Bitcoin But This Meme Crypto Explodes 20%


Bitcoin (BTC) hit fresh lows for the year on Friday in the $40,200s, as concerns mount about Grayscale’s ongoing Bitcoin selling, but a meme crypto called Sponge ($SPONGE) has exploded another 20% higher. Grayscale is selling Bitcoin as traders dump is Grayscale Bitcoin Trust (GBTC), which just...

Coinbase, Nifty Island and Nyan Heroes – Top NFT News Today – 19 January


The non-fungible token (NFT) is seeing another mixed day with NFT news varying in sentiment. Sales volume was down 13% over the past 24 hours at the time of writing and is currently at $42,893,676. NFT transactions have seen a 9% drop in the same period. And while sellers are down 3.5%, buyers...

Donald Trump’s Bitcoin Oridnals NFT Collection Sparks Controversy


Former U.S. President Donald Trump has launched yet another series of digital collectibles, sparking controversy in the cryptocurrency community. Trump’s latest creation is hosted on the Bitcoin (BTC) blockchain but has a unique twist. Trump Digital Trading Cards on Bitcoin Ordinals Come with...

Cathie Wood’s Ark Invest Buys Another $15M of its Spot Bitcoin ETF Shares


Cathie Wood’s Ark Invest has continued to buy its own ARK 21Shares spot Bitcoin exchange-traded fund (ETF) worth $15 million. Cathie Wood and Ark Invest's trade activity from today 1/18 pic.twitter.com/zFT4XXbstM — Ark Invest Daily (@ArkkDaily) January 19, 2024 According to Ark Invest...

Bitcoin Miners Curtail Operations During Texas Winter Storm


Everything is bigger in Texas – including the weather. In recent years, The Lone Star State has seen dramatic weather related events, including overly hot summers and unusually cold winters. For instance, an arctic blast hit Texas in February 2021, leaving many Texans literally out in the cold....

Top NFT News Today – 11 January, 2024


Source: AdobeStock / Passakorn Non-fungible tokens (NFTs) are making (yet another) comeback. Over the last 24 hours, the NFT sales volume went up more than 30% to $50.5 million, according to CryptoSlam. That said, transactions have seen a small drop of less than 0.5%, recording 313,887 at the time...

Ark Invest Continues to Sell Coinbase Shares


In a strategic move, Ark Invest has offloaded another portion of its Coinbase holdings, selling over $29 million worth of COIN shares from its ETFs. This decision aligns with Ark’s target weighting policy and follows Coinbase’s strong performance in the last quarter of 2023. Ark Invest...

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