As data shows Bitcoin miners are done selling BTC, crypto fund manager calls it a bullish signBTC $9710 (-0.3%) • ETH $243 (-0.1%) • XRP $0.20 (-0.2%)
The Grayscale Bitcoin Trust has seen massive adoption rates in recent times, as it provides retail investors with a way to add Bitcoin exposure to their portfolio through a traditional brokerage account. This fund caters to multiple investor bases, including non-tech savvy investors who may be intimidated by cryptocurrency exchanges, investors looking to add BTC exposure to their 401Ks, and funds who want to indirectly invest in Bitcoin in a regulated way. Demand for GBTC has rocketed in recent times, causing it to trade at a massive premium over spot Bitcoin.
More news ⏬Why the crypto mining industry may see its first big change since 2014
Internal struggles at Bitmain, the biggest Bitcoin mining equipment maker in the world, are persisting. Thanks to our premium sponsors⭐️ Phemex - Phemex is a Singapore-based and fastest cryptocurrency and derivatives exchange. It supports six trading pairs with up to x100 leverage. ⭐️ Bitamp - Bitamp is an open-source, client-side, free Bitcoin wallet that allows you to send and receive Bitcoin securely on the blockchain. ⭐️ Switchere- Switchere is a safe, licensed & non-custodial crypto exchange where you can sell & buy crypto with credit card instantly. ⭐️ Cred - Cred is a global financial services platform serving customers in 183 countries. ⭐️ OKCoin - OKCoin is one of the world’s first and largest regulated crypto exchanges, with millions of users in more than 100 countries around the world. ⭐️ Paradox Group - Paradox is the Official Advertising Partners of CryptoSlate and specialises in Marketing and Blockchain Advertising. Cardano’s (ADA) Shelley public testnet set to open for all pool operators on June 9
A new phase for Shelley is about to begin, as the testnet for Cardano’s staking era will be open to all stake pool operators on June 9. Craig Wright’s appeal dismissed, lawsuit against Hodlonaut to continue in Norwegian court
The Norwegian Court of Appeals has dismissed Craig Wright’s appeal against the decision made in January, which stated that Norway had jurisdiction against his case with Hodlonaut. Ethereum chart prints “major bullish signs” as explosive move against Bitcoin nears
In 2018 and 2019, cryptocurrency investors were almost solely focused on Bitcoin. Analyst: Ethereum’s rocketing usage rates could fuel an explosive rally
Ethereum has seen a stark divergence between its technical outlook and its fundamental strength throughout the past year. Featured event
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