Grayscale’s GBTC stops bleeding: First inflow since launch

Bitcoin’s move above $40,000 and the strong double-digit rallies of multiple altcoins prove bulls are running the show. 1107 Total views 7 Total shares The price of Bitcoin (BTC) hit a new all-time high above $40,000 on Jan. 7 after the price increased by more than $5,000 in less than 24-hours.BTC/USDT 4-hour chart. Source: TradingView.comThe…

Bitso is also known as the core crypto service provider for El Salvador’s official Bitcoin wallet, launched in September. 436 Total views 5 Total shares Bitso, a major Latin American cryptocurrency exchange, is collaborating with the USD Coin (USDC) stablecoin operator Circle to launch a new cross-border payment tool between Mexico and the United States.The…

Bitcoin price made a strong downside move yesterday, dropping nearly 16% from the daily open at $9,691 to a new local low at $8,164. In doing so, price broke strong support at $9,090 and exited the range that it has been trading in since June. Bitcoin’s price action remains bearish below this range.BTC/USD Daily Chart.…

Bitcoin (BTC) circled $30,500 at the June 26 Wall Street open as bulls held newfound support.BTC/USD 1-hour chart. Source: TradingViewBitcoin ETF hype puts demands on U.S. sessionData from Cointelegraph Markets Pro and TradingView showed BTC price action retaining $30,000 around the weekly close.The largest cryptocurrency began the week on a stable note as U.S. markets…

It's grim news for economists and a bittersweet advertisement for Bitcoin this week after the latest CPI report. 1086 Total views 1 Total shares Bitcoin (BTC) gained more free publicity this week as inflation data showed that prices are rising faster than even experts had anticipated.The latest Consumer Price Index (CPI) report on June 10 from the…

The Japan Association of New Economy (JANE) has asked the Japanese Financial Services Agency (FSA) to reduce the current tax rate for crypto trading income, Cointelegraph Japan reported on Feb. 14.Led by Hiroshi Mikitani, the CEO of Japanese e-commerce giant Rakuten, JANE has reportedly sent a proposal request to the country’s financial regulator asking them…

The acquisition is scheduled to follow Galaxy's domestication in Delaware, which is expected to become effective between Q2 and Q4 of 2022. 155 Total views 33 Total shares Cryptocurrency investment firm Galaxy Digital has not managed to finalize the acquisition of the digital asset custodian BitGo in the first quarter of 2022 as the firm…

Uniswap (UNI) looks ready to post its best monthly performance in more than a year as it rallied approximately 80% in July, but signs of an extended pullback in the near term are emerging. Uniswap price nearly doubles in JulyUNI's price is having one of its best months ever, reaching nearly $9 on July 30 versus…

Bitcoin price action receives a welcome boost to $49,000 shortly after the Fed confirms rate hikes and a reduction of its bond purchasing policy in 2022. 1577 Total views 10 Total shares Bitcoin (BTC) climbed by over $2,000 on Dec. 15 as markets quickly reacted to news that the United States Federal Reserve would raise…