Grayscale Bitcoin ETF nullifies $66.9M inflows in 2 days

The rare inflows to Grayscale’s spot Bitcoin exchange-traded fund (ETF) dried up within two days as outflows returned. The Grayscale Bitcoin Trust (GBTC) ETF recorded inflows worth $66.9 million in May after... Read more »

Binance hits back at WSJ, Hong Kong crypto ETF’s take ‘$50B equivalent’: Asia Express

Our weekly roundup of news from East Asia curates the industry’s most important developments. Binance is under scrutiny yet again  Cryptocurrency exchange Binance has been accused of firing its own investigators after... Read more »

Stablecoins on Bitcoin coming soon, suggests Lightning Labs CEO

Stablecoins running on Bitcoin are edging closer to reality through new functionality built by Lightning Labs using the network’s Taproot upgrade implemented in late 2021. Elizabeth Stark, CEO of Lightning Labs, unpacked... Read more »

Bitcoin price to ‘sustain’ $265K level once boring consolidation ends — Analysts

Bitcoin’s (BTC) price could continue its uptrend and triple its market capitalization, propelling its price above $260,000, according to founder and CEO of on-chain and market analytics firm CryptoQuant Ki Young Ju.... Read more »

What do crypto market makers actually do? Liquidity, or manipulation

Few ordinary crypto holders understand the role of market makers.At the simplest level, market makers provide liquidity to keep assets tradable in the cryptocurrency market, ensuring that if a user tries to... Read more »
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