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BlackRock's iShares Bitcoin Trust had a $13.5 million outflow on August 29th, its first since May 1st, amid ongoing Bitcoin ETF withdrawals.
While U.S. Bitcoin ETFs see outflows, Australia's spot Bitcoin ETFs are steadily growing, reflecting rising local demand.
Bitcoin's hashrate reached a record 746 EH/s on September 3rd, strengthening security amid price declines.
Bitcoin • Business • Sep 03, 2024Tether has announced its plans to launch a new stablecoin pegged to the United Arab Emirates Dirham (AED). The development of this stablecoin will involve a partnership with Phoenix Group PLC, a technology company based in the UAE, and will also be supported by Green Acorn Investments Ltd. The Dirham-pegged
Business • News • Aug 21, 2024South Korea's National Pension Service (NPS) has invested $34 million in MicroStrategy, purchasing shares in the business intelligence firm known for its substantial Bitcoin holdings. According to a recent SEC filing, the NPS acquired 24,500 shares of MicroStrategy during the second quarter at an average price of
Bitcoin • Business • Aug 16, 2024