Following a recent whirlwind of advancements witnessed within Shiba Inu’s ecosystem, the meme coin’s community again nabbed the interest of crypto market traders and investors today as it revealed the 17th edition of its magazine, The Shib, garnering significant attention. This magazine, coming as the community’s effort to spread the word for the meme coin’s […]

The OKX cryptocurrency exchange has announced its decision to cease operations in India. This decision comes nearly three months after the Financial Intelligence Unit (FIU) of India’s Ministry of Finance cracked down on crypto exchanges. The FIU had issued compliance notices to nine foreign cryptocurrency exchanges, including OKX. OKX Shuts Down Services In India In […]

The BlackRock iShares Bitcoin ETF (IBIT) has swiftly amassed a total of 239,252 bitcoins, surpassing the holdings of MicroStrategy, a significant player in the cryptocurrency investment arena. This milestone is particularly remarkable considering IBIT’s relatively short existence, having achieved this feat in less than two months since its inception. The rapid accumulation of bitcoin by […]

Eric Balchunas, Bloomberg’s senior Bitcoin ETF analyst, suggests that the price performance of the world’s Bitcoin is independent of spot Bitcoin ETF exchange flows. Although the BTC ETF activities that trigger Bitcoin transactions are typically implied to determine Bitcoin market movement, Balchunas pointed out that “bigger forces” also influence the game. This remark has been […]

The Grayscale Bitcoin ETF GBTC continues to bleed putting an overall dent on the Bitcoin ETF market. On Thursday, March 21, GBTC recorded yet another day of major outflows at $359 million. With this, the total outflows from the Grayscale Bitcoin fund have skyrocketed to $1.8 billion for this week. after a strong bounce back […]