Grayscale GBTC Records Lowest Daily Net Outflow as BTC Price Rises
For the first time since becoming a regular Bitcoin exchange-traded fund (ETF) on Wednesday, Grayscale Bitcoin Trust (GBTC) had a comparatively small outflow of $17.5 million in investments. (Source: Farside…
Luno Among First Crypto Firms to Receive South Africa License
South Africa has started licensing crypto firms, with Luno among the first batch of companies to receive regulatory approval. Regulators in the country have said around 60 firms are set…
Shiba Inu (SHIB) Burn Rate Skyrockets by 50,000%: Details
TL;DR The burn rate for Shiba Inu skyrocketed, with millions of tokens removed from circulation. Analysts envision substantial price growth for SHIB based on various factors such as the advancement…
Stablecoins Are Beneficial to U.S. Economy, Tether’s Custodian Says
Stablecoins boost demand for U.S. Treasury notes, said Howard Lutnick, the CEO of Tether custodian Cantor Fitzgerald. Lutnick says China may see a potential digital dollar as a spy wallet.…
UNI Slumps 17% Following SEC Developments, BTC, ETH, DOGE, TON on the Rise (Market Watch)
Yesterday, Bitcoin‘s value took a significant hit after the US Consumer Price Index (CPI) was announced, causing its price to drop. However, within hours, Bitcoin bounced back and is now…
Bitcoin Ecosystem Tokens, RUNE, STX, and ORDI May See Gains After Halving
Bitcoin’s halving event could increase bets on related networks and ecosystem tokens, with traders expecting tokens such as STX, RUNE, and ORDI to rise.Bitcoin-based meme coins, NFTs, and Ordinals could…
This Popular AI Cryptocurrency Explodes by 15% Following Support From Binance
TL;DR The leading AI-related cryptocurrency experienced a 15% increase in value after being listed on Binance, but later adjusted to a lower price. The company alerted users to conduct thorough…
Bitcoin’s Meteoric Rise Makes Everything Else Looks Like ‘Junk,’ Trader Says
Bitcoin continues to outperform major assets, with a near 100% increase in six months, surpassing Nvidia and the S&P 500. The cryptocurrency’s RSI is 79.02, the highest since the 2021…
Shiba Inu (SHIB) Predictions, Bitcoin (BTC) Price Swings, Ripple (XRP) Developments: Bits Recap April 11
TL;DR Bitcoin (BTC) saw its price fluctuate significantly but recovered to above $70,000 despite market dips influenced by US inflation reports. Ripple (XRP) experienced a 9% weekly rise in value,…
EOS Price Analysis: Bulls Aim For Move Above $1.15
EOS price started a downside correction from the $1.1420 zone against the US Dollar. The price is now trading above $1.050 and the 55 simple moving average (4 hours). There…