Bitcoin briefly surpassed a fully diluted valuation of $1 trillion on Friday as the price of the world's largest digital asset rose above $47,000 for the first time since March, 2022.
"GBTC selling seems to have slowed, to an average of $59 million per day this week, while flows into the other ETFs continue to be strong, with an average $244 million per day this week. This change is enough to push bitcoin higher," Kendrick added.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Coin Coin Latest News, Coin Coin Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
AI Model ChatGPT's Price Forecasts for Bitcoin Cash, Ethereum Classic, and Bitcoin MinetrixOpenAI’s model ChatGPT offers objective price predictions for Bitcoin Cash, Ethereum Classic, and Bitcoin Minetrix. This article explores ChatGPT’s price forecasts for these cryptocurrencies and discusses their potential for a lucrative 2024.
Source: Crypto_Potato - 🏆 568. / 51 Read more »
GoMining Introduces Liquid Bitcoin Hashrate to Lower Entry Barrier for Bitcoin MiningGoMining has introduced Liquid Bitcoin Hashrate (LBH) to make bitcoin mining more accessible by allowing holders to own a share of computing power that mines BTC daily, bypassing the complexities of building and maintaining a mining farm.
Source: Crypto_Potato - 🏆 568. / 51 Read more »
Bitcoin Is Wasteful, Top Berkeley Scientist SaysDr. Robert Rohde has called out Bitcoin for its excessive energy consumption
Source: Utoday_en - 🏆 295. / 63 Read more »