According to Michael Sonnenshein, CEO of Grayscale Investments, the Grayscale Bitcoin Trust (GBTC) seems poised for a pivotal moment following a prolonged spell of outflows. In an interview with Reuters during the most recent episode of Inside ETFs, Sonnenshein discussed the hurdles and evolutions confronting GBTC. Since 2013, Grayscale Investments has led the way in … Read more
To safeguard your investments, it’s essential to hold a variety of asset classes. By incorporating cash, digital currencies such as Bitcoin, and commodities into your portfolio, you can minimize risks when stock markets experience downturns. The role of cash and other liquid assets is crucial during volatile stock market conditions. When share prices decrease, cash … Read more
The Shiba Inu initiative, famous for its meme token SHIB, is creating ripples in the crypto market with two significant advancements: a tactical partnership and a spike in online buzz. This action underscores Shiba Inu‘s ambition to become a dominant force in the emerging Web3 sphere. Shiba Inu Sponsors Web3 Summit Dubai 2024 At the … Read more
According to IntoTheBlock’s latest report, the number of unique Shiba Inu (SHIB) cryptocurrency wallet addresses has surpassed the four million milestone. Reaching this achievement highlights the increasing popularity and curiosity around SHIB, signifying a significant milestone in its crypto market adventure. In simpler terms, the term “total addresses” refers to all the unique addresses on … Read more
A fresh perspective emerged in the ongoing debate between Bitcoin (BTC) and gold as renowned trader Peter Brandt presented his analysis. On the X app, Brandt displayed a chart demonstrating Bitcoin‘s superiority over gold in terms of price performance over the past year. Bitcoin versus gold rivalry Gold has been an essential protective asset against … Read more
ExSat simplifies the process of checking Bitcoin and related ecosystem token balances by allowing for straightforward inquiries. This results in a smooth transfer of assets and data between various networks and Bitcoin Layer 2 scaling solutions. exSat bridges the gap between “native” Bitcoin and L2s According to the announcement from exSat’s team, they have introduced … Read more
The Bitcoin market is buzzing with excitement as the digital currency approaches its all-time price high. After a strong price increase in March that reached $73,805, analysts predict even greater gains before the upcoming Bitcoin halving event takes place. Bitcoin Halving: A Catalyst for Price Rise? Bitcoins’ built-in events called halvings significantly impact its system, … Read more
David Schwartz, the CTO of Ripple, has clarified the ongoing misunderstanding about the distinction between XRP and Ripple. While they share a common origin, these two entities are frequently confused and mistakenly treated as being the same thing. This misconception has persisted for quite some time within the XRP community. Bill Morgan, a community leader … Read more
Billy Markus, co-creator of Dogecoin, the first meme cryptocurrency launched in 2013 with Jackson Palmer, expressed his thoughts on the recent market turmoil in the crypto and stock sectors via social media platform X (previously known as Twitter). Markus, also known as “Shibetoshi Nakamoto” on X, posted a screenshot of what could be his investment … Read more
Bitcoin exchange-traded funds (ETFs) recorded yet another day of outflows on Apr. 9. For comparison, Bitcoin ETFs logged $224.8 million worth of outflows the day before. On Tuesday, Grayscale’s GBTC ETF experienced significant redness, with a substantial withdrawal of approximately $154.9 million. Yet, this pales in comparison to the massive loss of around $303 million endured … Read more