Tether Increases its Bitcoin Reserves
On March 31, Tether, the company responsible for the stablecoin USDT, acquired 8,888 Bitcoins worth $618 million.
130,000 Bitcoins Withdrawn from Exchanges This Year
Since January 11, nearly $10 billion worth of Bitcoins have been withdrawn from exchange wallets.
London Stock Exchange to Launch Crypto ETNs Trading
The announcement that the London Stock Exchange will begin trading Bitcoin and Ether crypto exchange-traded notes has come two weeks after the initial announcement of accepting applications.
Spot Bitcoin ETFs’ Outflows Continue for 3rd Consecutive Day
As of March 20, there was a net outflow of $261 million from spot Bitcoin ETFs.
Bitwise Believes Large Investment Platforms Clients Will Have Access to Bitcoin ETFs
In a few weeks, the first major investment platform is expected to announce support for a spot Bitcoin ETF, according to Bitwise CIO Matt Hougan.
MicroStrategy Plans to Buy More Bitcoin
MicroStrategy plans to secure $500 million through the sale of convertible notes due in 2030 to qualified investors.
