Trading volume on major cryptocurrency exchanges has experienced a significant decline in April, coinciding with Bitcoin’s retreat from its all-time high. Spot trading volume on centralized exchanges like Coinbase Global, Binance, and Kraken dropped by … Crypto Exchange Trading Volume Declines in April as Bitcoin Retreats from Record HighRead more
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Grayscale’s GBTC Bitcoin ETF Records Inflows For The First Time in 78 Days
After a prolonged period of continuous outflows, Grayscale’s Bitcoin Trust exchange-traded fund (ETF) recorded its first day of net positive inflows. According to preliminary data from Farside, on May 3, Grayscale’s Bitcoin Trust (GBTC) witnessed $63 million in net inflows. The positive momentum comes … Grayscale’s GBTC Bitcoin ETF Records Inflows For The First Time in 78 DaysRead more
Altcoins and Memecoins Poised for Short Squeeze Following BTC’s 4th Halving
The completion of Bitcoin’s fourth halving has left traders and investors speculating about the short-term market dynamics. While the spot price of Bitcoin saw a slight increase over the weekend, not much significant movement was observed immediately … Altcoins and Memecoins Poised for Short Squeeze Following BTC’s 4th HalvingRead more