opinion

BlackRock IBIT could surpass Grayscale BTC holdings in two weeks

"BlackRock's bitcoin spot ETF, IBIT, could surpass Grayscale GBTC's BTC holdings within 14 trading days if current outflows and inflows continue," Cointelegraph reports. As of February 22 (local time), IBIT held 238,500 BTC, with inflows of approximately 4,120 BTC per day. On the other hand, GBTC, which holds 350,252 BTC, has seen an average outflow of 4,140 BTC per day. If this trend continues, IBIT's holdings will surpass GBTC's on April 11. Previously, Bloomberg ETF analyst Eric Balchunas predicted that GBTC's outflows would end in the coming weeks.

Bitcoin recovers $64,000 price after 42-day Bitcoin correction, absorbing more than $3 billion in selling pressure

BTC has regained $64,000, according to Coinness Market Monitor. On the Binance USDT market, BTC is trading at $64,102.48. "Bitcoin has completed a 25.6% correction that lasted 42 days," an anonymous crypto trader, Rekt Capital, told X. "It's been a long

blockchain crypto cryptocurrency Altcoins have topped out (SpotedCrypto)

Andrew Kang: "Altcoins have topped out, except for some memes"

As Andrew Kang, co-founder of crypto investment firm Mechanism Capital, recently told X, "A common mistake crypto investors make is buying too quickly when an uptrend turns down. The correction is longer and deeper than most people expect. When the majority are liquidating and questioning that crypto is dead,

blockchain crypto cryptocurrency michael saylor btc rise to 10m (Spoted Crypto)

Michael Saylor "BTC to rise to $10 million"

Michael Saylor, founder of MicroStrategy, which holds the most Bitcoin by a single company, said in a YouTube podcast that "Bitcoin will go to $10 million". "BTC is the perfect money, it's economically immortal. Economics is a quasi-religious humanities discipline, full of people's

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