First Mover Americas: BTC Holds Stable at $70K

. Almost $125 million flowed out of GBTC on Thursday, according to on-chain data. Up to Thursday, the bitcoin ETFs had reported a total weekly outflow of $227.9 million.One of the aims of the partnership is to increase provision for Asia-Pacific users of messaging app Telegram's wallet to enter and leave the service with both fiat currencies and crypto.

Recent news that the U.S. Securities and Exchange Commission is investigating companies associated with the Ethereum Foundation is consistent with the view that there is no more than a 50%JPMorgan said in a research report on Thursday. The bank reiterated its view that approval of these products is unlikely next month, a position first expressed in January. The SEC must make final decisions on some ETF applications by May 23.

Bitcoin's rally has stalled since setting record highs above $73,000 in mid-March, while gold continues to clock new lifetime highs, brushing aside the resurgent DXY.in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence.

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