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Grayscale Bitcoin Trust’s (GBTC) Market Share Drops to 30%: Kaiko

Since the introduction of spot Bitcoin ETFs earlier this year, GBTC has experienced substantial outflows, resulting in its AUM (Assets Under Management) decreasing to $23.7 billion as of Thursday. While…

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Will Genesis Dump $1.6 Billion Worth of Bitcoin and Ethereum Trust Shares on the Market? Details of the Latest Court Ruling

Genesis Global has been approved by the bankruptcy court to sell around 35 million shares of Grayscale Bitcoin Trust, with an estimated value of $1.3 billion. U.S. Bankruptcy Judge Sean…

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Bitcoin Long-Term Holders Spent 300k BTC Since Supply Peak in November 2023: Glassnode

Long-term Bitcoin investors have seen their patience and conviction rewarded thanks to the crypto asset’s rally to multi-year highs above $50k. According to the latest data from Glassnode, although Bitcoin…

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Bitcoin Halving 2024 — Grayscale Study Reveals Unprecedented Market Evolution

According to the latest data, the countdown to the Bitcoin network’s halving event shows fewer than 10,000 blocks from becoming a reality. Further analysis suggests that the halving is anticipated…

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One Crucial Factor for Ethereum ETF Approval: Bitfinex’s Head of Derivatives

The industry is bustling with the trading of the newly introduced spot Bitcoin ETF in the United States, yet there’s no equivalent for Ethereum. However, Jag Kooner, Bitfinex’s Head of Derivatives,…

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What Needs to Happen for Bitcoin to Mark a Local Bottom? CryptoQuant Reports

Analysts at market intelligence platform CryptoQuant have revealed that BTC’s price bottoming signal can not be triggered until unrealized profit margins for short-term holders reach -10%. According to the CryptoQuant…

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Bitcoin Could Retest Support at $36K as ETF Hype Fades and Selling Pressure Increases

According to a Matrixport Research analysis report shared with CryptoPotato on Jan. 26, Bitcoin prices may retest lower support around $36,000 to $38,000 if ETF hype fully unwinds. However, this…

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