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Introduction This article provides a heuristic analysis of GBTC (Grayscale Bitcoin Trust) outflows and aims to help readers understand the current state of GBTC selling and estimate the scale of future outflows. It is important to note that this analysis is not strictly mathematical, but rather serves as a tool to gain a high-level understanding […]

Analysts Speculate on Charles Schwab's Potential Entry into the Bitcoin ETF Market In recent weeks, the U.S.-based spot bitcoin exchange-traded funds (ETFs) have gained significant traction, accumulating a total trading volume of $25.36 billion in just 11 days. This impressive performance has sparked discussions about the involvement of Charles Schwab, the American multinational financial services

The Commodities Futures Trading Commission (CFTC) has issued a warning to investors regarding the potential risks associated with artificial intelligence (AI)-created trading algorithms in the cryptocurrency market. The commission advises investors to exercise caution and conduct thorough background research on companies or individuals offering such algorithms. Risks of AI-Created Trading Algorithms The CFTC has identified

Self-Directed Gold IRAs are an excellent way to invest in gold without dealing with the hassles of buying physical bullion. This type of account permits investors to buy gold straight from the federal government and store it under their own name. Although many prefer to have the physical form of gold, it is not possible

The Opposition to a CBDC A recent blog post by the non-partisan American think tank, the Atlantic Council, reveals that the U.S. Federal Reserve is falling behind its peers in the development of a central bank digital currency (CBDC). The post emphasizes the lack of resources and personnel dedicated to CBDC development and innovation within

Introduction Bitcoin, the leading digital currency, has experienced a range of fluctuations in its trading value over the past hour. With an impressive market capitalization of $834 billion, bitcoin continues to demonstrate its volatile nature. In this article, we will delve into the technical analysis of bitcoin, examining various signals and macro decisions that could

Stablecoin Market Capitalization Surges In the past month, data reveals a significant increase in the combined market capitalization of leading stablecoins, rising from $131.71 billion to $136.56 billion. The top two stablecoins, tether (USDT) and usd coin (USDC), experienced notable expansions in their supplies, with increases of 4.8% and 7.2% respectively. Growth of the Stablecoin

Introduction Discreet Log Contracts (DLCs) have been around for a while and were initially proposed by Thaddeus Dryja, the co-creator of the Lightning Network protocol, in 2017. DLCs are a smart contract structure designed to address three key issues with previous contract schemes: scalability, data integration, and user privacy. Scalability One of the main challenges

GBTC's Bitcoin Holdings Decline In the latest update, Grayscale's Bitcoin Trust (GBTC) has experienced a decrease in its bitcoin holdings. Over the past day, GBTC's holdings have decreased by 4,461.36 bitcoin, which is valued at approximately $190.53 million. Since January 12, 2024, GBTC has observed a cumulative reduction of about 124,967.54 bitcoin, equivalent to an

Bitcoin and Gold Price Appreciation Drive Tether's Financial Success In the fourth quarter of 2023, Tether Holdings Limited achieved an unprecedented milestone with a net profit of $2.85 billion. This remarkable achievement contributed to Tether's overall net profit of $6.2 billion for the year. Tether's secured loans, totaling $4.8 billion, were fully backed by excess