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US Bitcoin ETFs See $78M Outflow, Breaking 12-Day Inflow Streak

U.S. spot bitcoin exchange-traded funds (ETFs) experienced a downturn on Tuesday, with $77.97 million exiting, breaking a streak of 12 consecutive days of inflows. In contrast, the newly launched spot…

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From Peak to Present: GBTC’s Bitcoin Holdings Decrease by 266,827 BTC in 71 Days

As of March 22, the bitcoin holdings of Grayscale’s Bitcoin Trust (GBTC) have diminished by 27,917.37 compared to its status three days prior, now amounting to 350,252 bitcoin valued at…

Continue ReadingFrom Peak to Present: GBTC’s Bitcoin Holdings Decrease by 266,827 BTC in 71 Days

ETH Continues to Leave Trading Platforms, Ethereum Balance on Exchanges Lowest in 3 Years

While the second-largest crypto asset by market cap has gained more than 15% in value against the U.S. dollar during the last week, the number of ethereum stored on exchanges…

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Bitcoin Exchange Reserves Drop to Lowest Point in 3 Years

The number of bitcoin held on exchanges has continued to drop in recent times as the metric suggests crypto advocates are pulling funds off of trading platforms for long-term holding.…

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IRS Agent Poses as Bitcoin Trader Called ‘Mr. Coins,’ Biden’s IRS Wants ‘Outflow and Inflow’ Data From Banks

Over the last few weeks, Americans have read about the U.S. Internal Revenue Service (IRS) upping its tax enforcement to catch cryptocurrency users who have not paid taxes. According to…

Continue ReadingIRS Agent Poses as Bitcoin Trader Called ‘Mr. Coins,’ Biden’s IRS Wants ‘Outflow and Inflow’ Data From Banks