Author name: Peter

Grayscale’s Bitcoin ETF Sees Record Outflows as Bitcoin Price Falls

Grayscale's Bitcoin ETF Outflows Grayscale's spot bitcoin exchange-traded fund (ETF), known as GBTC, has experienced increased outflows since its recent update. Present data reveals that a substantial 14,292.18 bitcoin, valued slightly above $556 million, exited the fund after Monday's trading activities. Recent figures indicate a notable decrease in Grayscale's spot bitcoin ETF holdings, declining from

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JPMorgan Downgrades Coinbase Stock as Challenges Loom for Crypto Market

JPMorgan's Crypto Market Outlook, Coinbase's Downgrade Global investment bank JPMorgan has downgraded Coinbase Global (Nasdaq: COIN) from Neutral to Underweight, citing a challenging future for the crypto market. With crypto prices already under pressure, JPMorgan warns of the potential for further deflation fueled by cryptocurrency ETF enthusiasm, resulting in lower crypto prices and trading volume.

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Bitcoin vs. Real Estate: The Better Store Of Value In Times Of Conflict

Introduction We live in a highly digitalized world, but physical goods still dominate as a means of storing value. Real estate, in particular, is the most widely used store of value, accounting for approximately 67% of global wealth. However, recent macroeconomic and geopolitical challenges have shed light on the vulnerabilities of real estate as a

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Ethereum and Solana Showcase Unique Market Dynamics in Recent Altcoin Trends

Altcoin Dynamics Altered: Ethereum and Solana Lead Post-ETF Era In the ever-changing world of cryptocurrency markets, recent trends have revealed interesting divergences in the altcoin market, specifically between ethereum and solana in comparison to bitcoin. Glassnode, an onchain analytics firm, has published a comprehensive report that explores this phenomenon. The latest edition of Glassnode's "The

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Core DAO Launches $5 Million ‘Innovation Fund’ to Support Africa-Based Web3 Developers

Introduction Core DAO, the foundation supporting Core Chain protocol, has recently announced the launch of a $5 million fund. The fund aims to provide resources and networks to support African Web3 builders. With a significant portion of Core DAO's community based in Africa, the foundation believes it is crucial to support the continent's Web3 builders.

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