Bitcoin Reserves Plummet On Coinbase Amid Spot ETF Surge: Report

The reputable analytical platform CryptoQuant also shared valuable insights regarding Bitcoin accumulation on Coinbase. Based on platform observation, Bitcoin reserves on the top cryptocurrency exchange have been relatively decreased from February 2024. According to a recent report, the first reason for this sort of fast reduction is the increased demand for Spot Exchange-Traded Funds (ETFs). […]

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From Peak to Present: GBTCs 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 approximately $22.2 billion. Since evolving into an exchange-traded fund (ETF) listed on public exchanges, GBTC has shed billions in bitcoin over the preceding 71 days. [...]

The post From Peak to Present: GBTCs Bitcoin Holdings Decrease by 266,827 BTC in 71 Days appeared first on Crypto Breaking News.

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Sen. Lummis Boldly Reintroduces Bitcoin Act, Targeting 1 Million BTC Reserve

Sen. Cynthia Lummis reintroduces the Bitcoin Act to create a U.S. Strategic Bitcoin Reserve following President Trump's executive order on digital assets.

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Bitcoin Reserves? Japan Remains Hesitant Amid Global Talks

The Japanese government has made its position known on holding Bitcoin as part of its foreign exchange reserves. In an official response dated the 20th of this month, the Japanese Prime Minister Shigeru Ishiba addressed a query by Senator Satoshi Hamada, who urged the country to study and consider emulating the example of the United […]

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Hut 8 surpasses $1B in Bitcoin holdings after $100M acquisition

Hut 8 has acquired 990 Bitcoin for $100 million, boosting its total BTC holdings to over $1 billion as institutional adoption of cryptocurrency accelerates.

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Trump win drives Bitcoin to $76K, PlanB sets $500K target

Bitcoin broke through $76,000 following Trumps election victory, with PlanBs stock-to-flow model forecasting a $500,000 BTC price within four years. 

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Hoth Therapeutics allocates $1M to Bitcoin as treasury asset

Hoth Therapeutics allocates $1 million to Bitcoin, reflecting rising business adoption amid increasing attention on BTCs inflation-resistant value.

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US Bitcoin reserve would have profound impact on adoption: CoinShares

The Bitcoin Acts passage could eventually send BTCs price past $1 million per coin, industry executives say.

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