Bitcoin Volatility Reaches Highest Level in 20 Months
As Bitcoin dropped below $50,000, a significant indicator of its volatility reached its highest point in 20 months.
US Spot Bitcoin ETFs Lose $168M in a Day
On Monday, there were $168.4 million in net outflows reported for spot Bitcoin ETFs in the US, as the crypto market experienced significant volatility.
Bitcoin Dominance Approaches 60%
The percentage of Bitcoin’s market value compared to the overall cryptocurrency market, known as Bitcoin dominance, has reached a new yearly high of 58% amidst a decline in both crypto and stock markets.
Xapo Bank Starts Offering Interest-Bearing Bitcoin Accounts in UK
Xapo Bank has become the first UK bank to offer interest-bearing accounts for both Bitcoin and fiat currencies.
Morgan Stanley Will Allow Clients to Access Bitcoin ETFS
Morgan Stanley has informed its financial advisors that select clients will soon be able to access spot bitcoin exchange-traded funds (ETFs).
MicroStrategy Reveals its Bitcoin Reserves Have Risen to 226,500
In the second quarter of this year, MicroStrategy reported a net loss of $102.6 million or $5.74 per share.
Grayscale’s Bitcoin Mini Trust Starts Trading
Grayscale Investment’s smaller version of the Grayscale Bitcoin Trust officially began trading yesterday after receiving approval from the US Securities and Exchange Commission.
