Grayscale’s Bitcoin ETF Sees Massive $358M Outflows but Analyst Predicts End in Sight
TL;DR Fund outflows from Grayscale’s Bitcoin Trust (GBTC) have been significant, reaching nearly $359 million in a single day and $1.8 billion in a week. Eric
Discover in our section the latest cryptocurrency news, bitcoin and the so-called altcoins (alternative crypto).
Since 2011, thanks to the standard Bitcoin open source, new cryptocurrencies known as Altcoins are beginning to emerge, that use blockchain technology as an alternative to Bitcoin, complementing their ecosystem with new algorithms and functionalities.
Some of the best known altcoins are Ethereum [ETH], Ripple [XRP], Tron [TRX] or Litecoin [LTC].
Today there are many exchange houses or crypto exchanges, where these cryptocurrencies have established themselves as a new investment market for financial assets that grows in volume and complexity every day.
Some of the best known cryptocurrency exchanges and where you can make your exchanges are: Binance, Poloniex, Kukoin, or Kraken, among others.
If you want to be informed about everything that is happening in the cryptocurrency ecosystem, be sure to visit our news.
TL;DR Fund outflows from Grayscale’s Bitcoin Trust (GBTC) have been significant, reaching nearly $359 million in a single day and $1.8 billion in a week. Eric
Key points of the news The Avalanche Foundation launches Phase 1 of Memecoin Rush, a liquidity mining incentive program. The goal is to scale liquidity and
TL;DR Thala expands to M2, establishing itself as one of the leading next-generation protocols on Ethereum. Partnering with Movement allows the project to maintain the security
TL;DR Bitcoin ETFs in the United States have experienced three consecutive days of net outflows, totaling $742 million during that period. The Grayscale Bitcoin Trust (GBTC)
TL;DR Real-world assets in cryptocurrencies are on the rise, with a focus on USD-backed stablecoins. Commodity-backed tokens reach a market cap of $1.1 billion, with gold
TL;DR The CCData report highlights explosive growth in the stablecoin market, with Tether (USDT) market capitalization surpassing $100 billion. Stablecoins are digital assets designed to maintain
TL;DR Diversity in Staking: Vitalik Buterin’s “Rainbow Staking” proposal for Ethereum aims to diversify the staking process by including a wide range of participants, reducing centralization
TL;DR Solana stands out as the most popular blockchain ecosystem of 2024. Ethereum remains relevant as the second most popular blockchain ecosystem, with increasing attention towards
TL;DR Wallet Growth: Cardano’s wallet count has surpassed 4.65 million, with an average daily increase of 2,100 wallets, highlighting significant adoption and growth. Smart Contract Expansion: The network
TL;DR The Napoli update on Polygon introduces support for RIP-7212, a Rollup Improvement Proposal that enhances interoperability with conventional technology. Napoli also includes improvements in block
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