Tag: Cryptocurrency investments

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Grayscale SUI Trust Launch Boosts SUI Price – CoinJournal

Grayscale's Launch of SUI Trust Sparks Price Surge and Institutional InterestGrayscale, a renowned cryptocurrency asset management firm, recently made waves in the digital asset market with the launch of its Grayscale SUI Trust. This...
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Bitcoin ETFs See Consistent Inflows for 6th Day Amid BlackRock Surge

Bitcoin ETFs continue to attract significant investment, with a sixth consecutive trading day of inflows reported amidst a surge in interest from institutional investors. On August 22nd, Bitcoin ETFs saw a total inflow of...
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Grayscale Launches MakerDAO Trust to Expand DeFi Investment Opportunities

Grayscale, a prominent investment firm, has recently introduced a new crypto trust fund focused on MakerDAO, known as the Grayscale MakerDAO Trust. This trust fund aims to provide investors with direct exposure to MakerDAO's...
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Bitcoin Volume Hits Record High After FTX Collapse: What It Means

Bitcoin trading volume surged to a record high following the collapse of major cryptocurrency exchange FTX. This development has raised questions about the future of the digital currency and what it means for investors.The...
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Bitcoin Profitability Before and After Halving: A Detailed Analysis

Bitcoin's profitability has been a hot topic of discussion recently, especially with the upcoming halving event. According to recent data, the percentage of Bitcoin addresses in profit hit 100% before the halving but fell...
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Ronin Network Hit by $9.8 Million Exploit, Halts Bridge Operations

Ronin Network, a popular blockchain network for games that powers the Axie Infinity game, recently made headlines after pausing its bridge operations following a $9.8 million exploit. The incident, which occurred on August 6,...
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Bitcoin’s Correlation with Gold Strengthening During Economic Downturns

During times of economic uncertainty, investors often look for safe-haven assets to protect their wealth. In recent years, both Bitcoin and gold have emerged as popular options for investors seeking to hedge against market...
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Morgan Stanley Advisors Now Offering Bitcoin ETFs to Clients

Morgan Stanley, a major Wall Street bank, has made a significant move by allowing its financial advisors to offer Bitcoin exchange-traded funds (ETFs) to its clients. This decision allows over 15,000 financial advisors at...
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Genesis Trading Returns $3 Billion to Customers, Transfers 32,256 BTC

Genesis Trading recently completed a significant transfer of assets, moving 32,256 BTC valued at $2.12 billion and 256,775 ETH worth about $838 million to various addresses. This transfer is part of the company's efforts...
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CleanSpark’s Bitcoin Treasury Grows by 567% Since 2023

CleanSpark, a public Bitcoin miner in the US, has seen a significant increase in its Bitcoin treasury, growing by 567% since 2023. The company reported mining 494 BTC in July 2024, with a total...