BlackRock's Entry into Bitcoin Market Raises Hopes for ETF Approval
Investors have withdrawn millions of dollars from cryptocurrency funds in recent weeks, amid geopolitical tensions and uncertainty in the digital asseThe cryptocurrency market has experienced a sharp correction in recent days, with the total market capitalization dropping by over $400 billion. The sDespite recent market volatility, inflows into bitcoin exchange-traded funds (ETFs) have remained strong, with $48,000 in new assets last week. This iEl Salvador's debt situation has reached a critical point, with the country's credit rating being downgraded to CCC by Fitch Ratings. The government iFTX US has halted trading due to liquidity issues, according to a statement from the exchange's spokesperson. The move comes after sibling firm WinterThe dollar is facing a potential squeeze as the Federal Reserve eyes a rate hike, with the DXY index rising to 114.78 and the RSI indicating a bullish
Grayscale Bitcoin Trust (GBTC) Sees Outflows Amid Price Drop
The ongoing investigation into the collapse of FTX has uncovered allegations of misconduct and fraud, according to a recent court filing. The filing,Grayscale Bitcoin Trust (GBTC) saw a significant outflow of $18 million in one day, with investors selling their holdings at a record-low fee of 0.19%Bitcoin prices have recovered from a 20-day low, with analysts eyeing a potential rally in the short-term. According to TradingView, the cryptocurrenc
FTX's auditor, Prager & Co., has been accused of violating independence rules by the U.S. Securities and Exchange Commission (SEC). According to the SInvestors are placing bearish bets on Ether (ETH) as the put-call ratio reaches an 18-month high, indicating a potential price drop. According to dataThe Bitcoin (BTC) market has been trading in a narrow range over the past few days, with prices fluctuating between $21,954 and $27,000. Despite the c
Bitcoin's price plummeted to $66,500 on Tuesday, marking a sharp decline from its previous all-time high of $70,136. The drop was accompanied by a sur"The ongoing conflict between Russia and Ukraine has reached a boiling point, with both countries preparing for a potential all-out war. The situationThe cryptocurrency market has been experiencing significant volatility in recent days, with Bitcoin and Ether prices fluctuating rapidly. According toA recently discovered exploit in the Evmos ecosystem, which is built on top of the Cosmos blockchain, has allowed attackers to steal millions of dolla