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Standard Chartered estimates further upside for Bitcoin


Bitcoin is currently listed at $62,626.23, down by 1.45% in the last 24 hours. Despite the majority of the community anticipating a surge post-Bitcoin Halving, a long-awaited consolidation occurred. The ongoing phase of BTC has raised questions about its future predictions—for instance, if BTC will...

Wintermute to Provide Liquidity for Hong Kong-listed Crypto ETFs


Crypto market maker Wintermute is providing liquidity and supporting the newly launched Hong Kong spot Bitcoin and Ethereum exchange-traded funds (ETFs). The post Wintermute to Provide Liquidity for Hong Kong-listed Crypto ETFs appeared first on Cryptonews

Grayscale’s GBTC spot Bitcoin ETF rakes in $4M


The GBTC spot exchange-traded fund belonging to Grayscale managed to rake in $4 million within the converted trust. This was the second inflow. This is after 78 days of the GBTC ETF net outflows when it came in for a further .$63 million. From the time GBTC converted into the spot bitcoin trust...

Bitcoin whale’s dormant wallet reactivates after a decade


In an unexpected turn of events that has created discussion and intrigue in the cryptocurrency industry, a dormant Bitcoin wallet belonging to a well-known whale has unexpectedly resurfaced after being idle for over a decade. The rapid activity in the wallet, which contains a significant amount...

Bitcoin exchange inflows witnessing a real downslide


BTC exchange inflows have been declining for some time, as CryptoQuant author Axel Adler Jr. noted in a post on X.  Where the exchange inflow is concerned, it is an on-chain identifier tracking the full volume of Bitcoin that investors have deposited into wallets connected with centralized...

Bitcoin slips to $63K amid increased U.S. regulatory pressure


Speculations are doing the rounds that though Bitcoin is experiencing a downward slide to $63,000, it will soon make a substantial recovery. The reason for the drop is being attributed to the added regulatory strictures.  The price ups and downs continued following RobinHood, a brokerage business...

Bitcoin makes history: Surpasses one billion transactions


Bitcoin, the pioneering cryptocurrency, has reached a significant milestone, surpassing the one billion transactions mark nearly eight hundred weeks after its launch. This achievement underscores Bitcoin’s enduring relevance and adoption as a decentralized digital currency, with implications...

Bitcoin’s latest dip: Crypto dreams clash with Reality


Following a remarkable seven-month price increase, Bitcoin experienced its worst month since November 2022 in April, with a loss of over 16% of its value. Unexpectedly, this decline occurred immediately following the highly anticipated Bitcoin halving event that took place on April 18. However,...

Hong Kong Spot Bitcoin ETFs Reach $230 Million AUM In First Week


Hong Kong's newly launched spot Ethereum and Bitcoin ETFs accumulate about $2.73 million in assets under management in just one week, outperforming futures ETFs by 80%. The post Hong Kong Spot Bitcoin ETFs Reach $230 Million AUM In First Week appeared first on Cryptonews

Bitcoin Crosses One Billion Transactions After 15 Years


Over a decade after its creation in 2009, Bitcoin achieves a major milestone by processing its one-billionth transaction as its price rebounds to $64,000 level. The post Bitcoin Crosses One Billion Transactions After 15 Years appeared first on Cryptonews

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