CME Traders Currently Shorting Over $6 Billion Of Bitcoin DAILY MARKET WATCH March was a big month for Bitcoin. It reached new all-time highs and ETF trading volumes reached $111 billion – almost tripling February’s $42 billion. ETFs purchasing 66,000 Bitcoin worth $3.3 billion, seriously outpaced miner production numbers of around 28,000, with that number soon to be halved. MicroStrategy’s $1.4 billion push to enter Bitcoin’s “1% [...]
IBIT is Bitcoin’s Trojan Horse for Institutions Daily Market Watch Each day, Coinrule will run through the state of the digital assets market for Blockbeat, your home for news, analysis, opinion and commentary on blockchain and digital assets. The last time Bitcoin was over $57,000 was December 2021. Back then, euphoria was still in the air after touching $69,000. Theories of a ‘super-cycle’ were being thrown around [...]
Building Blocks: Getting to grips with all the blockchain terminology blockchain Every week Blockchain Sensei will be walking you through the basics of blockchain technology. Consider this your crash course in all things web3! In today’s ever-evolving financial landscape, grasping the fundamentals of digital assets is paramount. As we delve into the realm of blockchain technology and exchange-traded funds (ETFs), let’s go back to the start. [...]