“If this $2.7b exits fully the bitcoin house then such an outflow would after all put extreme downward stress on bitcoin costs,” the authors wrote. “If as a substitute most of this $2.7b shift into different bitcoin devices such because the newly created spot bitcoin ETFs put up SEC approval, which is our greatest guess, then any destructive market influence could be extra modest.”
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Crypto traders are watching quietly. Prices are...
WhiteBIT, a cryptocurrency exchange recently labeled an “undesirable organization” by Russia, said it lost 30% of its customer base after...
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin has slipped below the $87,000 level,...
At the time of writing, gold is changing hands at $5,079.30 per ounce, while silver is trading at $113.24—levels that...
Key Takeaways:BitMine increased its holdings by 40,302 ETH in the span of one week, bringing its total amount of ETH...
