Launch

Bitcoin Faces Downward Pressure as $1.5 Billion Exits Grayscale’s GBTC Post-Spot ETF Launch

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In the aftermath of the inaugural launch of spot exchange-traded funds (ETFs) last week, Bitcoin (BTC) has experienced a notable decline of over 15%. A research report from JPMorgan reveals that a substantial $1.5 billion has flowed out of the Grayscale Bitcoin Trust (GBTC), potentially signaling a significant shift in investor behavior post-ETF conversion. The …

Bitcoin Faces Downward Pressure as $1.5 Billion Exits Grayscale’s GBTC Post-Spot ETF Launch Read More »

El Salvador’s ‘Volcano Bonds’ Get Green Light: Expected Launch on Launch in Q1 2024

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In a significant development, El Salvador’s long-anticipated Bitcoin bonds, dubbed ‘Volcano Bonds,’ are reportedly nearing fruition after securing regulatory approval for an expected issuance in the first quarter of 2024. The announcement, shared by El Salvador’s National Bitcoin Office on the social platform X, indicates that the bonds will be offered on Bitfinex Securities, a …

El Salvador’s ‘Volcano Bonds’ Get Green Light: Expected Launch on Launch in Q1 2024 Read More »

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