Withdrawals from Grayscale’s Bitcoin Trust (GBTC) have fallen to an all-time low, signalling a significant change in the financial landscape. This development represents a central turning point in the history of GBTC, which has seen erratic withdrawal levels. According to the most recent data from BitMEX Research, on February 23, GBTC saw a total of […]
In a recent occurrence in the cryptocurrency space, 60 million XRP, or roughly $34 million, were transferred by Ripple to an unidentified wallet, garnering significant attention in the industry. The XRP community is anxious due to this decision, and many wonder if Ripple would dump tokens on the market. The deal’s ramifications for XRP’s market […]
The CEO and chief investment officer of Ark Invest, Cathie Wood, recently made a noteworthy forecast about the direction exchange-traded funds (ETFs) will go in the cryptocurrency space. Wood predicts that the US Securities and Exchange Commission (SEC) would only approve Bitcoin and Ethereum-based cryptocurrency exchange-traded funds (ETFs). This prediction clarifies the cautious stance the […]
