Assessing Bitcoin as Grayscale GBTC ETF Future Sees New Inflows

Last week, US BTC ETFs had outflows of $156 million, amid the market decline. Meanwhile, GBTC saw inflows for two days in a row as markets improved. Bitcoin ETFs saw outflows of $156 million last week, although this has apparently been changing as Grayscale’s GBTC decline comes to an end. According to a report presented […]

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Binance CEO Defends His Employees in Nigeria

Richard Teng, CEO of Binance, condemns the Nigerian government’s actions by inviting company executives to meetings as a strategy and then detaining them. Richard Teng, CEO of Binance, asked Nigerian authorities to immediately release his executive, Tigran Gambaryan, who is the head of compliance with respect to financial crimes at Binance, the most prominent company […]

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Swiss National Bank Prefers Tokenized Assets over CBDCs, and other News

The president of the BNS refers to the tokenization of assets as an alternative to CBDCs. SNB explores RTGS connection and supports private token money. In other news, 1.238 trillion PEPE tokens on Binance were deposited by a crypto whale. The Swiss National Bank (SNB) plays a paramount role in the integration of cutting-edge technology […]

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US Congressman Blasts Against SEC’s Ruthless War on Cryptocurrencies

John Rose, a Republican congressman from Tennessee, recently called the SEC chairman a “rogue regulator,” as the regulatory agency appears to exceed its role in protecting investors. As is known, for several years the United States Securities and Exchange Commission (SEC) has maintained a relentless war against cryptocurrencies. This regulatory force has become more notable […]

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Bitcoin Miners Are Not Currently Selling

As there has been a decline in network activity, Bitcoin miners’ income has fallen to its lowest level in the past year. Taking into consideration the Mining Position Index [MPI], Bitcoin is currently in its longest period of reduced selling pressure from miners post-Halving, pseudonymous CryptoQuant analyst Papi found in a new report. BTC’s MPI […]

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