U.S. spot Bitcoin ETFs have experienced their first two consecutive weeks of net inflows in five months, totaling $568.45 million for March, which marks a reversal from a four-month streak of outflows. This increase in inflows signifies a stabilizing market sentiment, as institutional demand for Bitcoin has risen, driven by purchasing through ETFs amid global instability and market fluctuations.
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Today, Strategy’s at-the-market offering (ATM) achieved a significant milestone, with $STRC closing at $100.005 on a trading volume of 1.82 million shares, indicating that 97% of the volume was above the ATM threshold. This resulted […]
Florida has proposed a law that would eliminate capital gains tax on Bitcoin, becoming the first state to do so. Although the proposal could provide a state-level exemption for Bitcoin, it is important to note […]
The United Arab Emirates has successfully mined $453.6 million worth of Bitcoin through Citadel, reflecting its strategic move to accumulate cryptocurrency amid global adoption trends. Analytics firm Arkham indicates that most of the Bitcoin mined […]