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GBTC Buys More MicroSategy BTC Amid Net Outflows of 147,792 BTC After ETF Conversion

According to official Grayscale data, GBTC's bitcoin holdings were 472,345 BTC as of May 6 (local time). This is a decrease of 2,526 BTC from the previous day (May 5th). The market value of these holdings is $203.45 billion. GBTC has seen a net outflow of 147,792 BTC (worth $61.49 billion) since January 11, according to BitMEX research. Meanwhile, MicroStrategy announced the purchase of an additional 850 BTC valued at $37.2 million.

Binance WBTC plunges to $5200, then recovers

Cointelegraph reports, “A flash crash in the price of WBTC occurred on Binance on Nov. 23 (local time). This caused WBTC to briefly drop from $98,000 to $5,200, but has since recovered. The cause of the error is still unknown.

blockchain crypto cryptocurrency Trump nominates Crypto Proponent Secretary (SpotedCrypto)

Trump nominates 'Crypto Proponent' Howard Lutnick as Commerce Secretary, while US SEC chairman struggles to narrow down candidates to four.

US President-elect Donald Trump has nominated US investment bank Cantor Fitzgerald CEO Howard Lutnick to serve as Secretary of Commerce, according to the Wall Street Journal (WSJ). Lutnick is an avid supporter of Bitcoin and Tether (USDT), with Cantor Fitzgerald reportedly serving as Tether's U.S. Treasury bond

blockchain crypto cryptocurrency IBIT Option hit 1.9B first day od trading (SpotedCrypto)

BlackRock IBIT Options Hit $1.9 Billion in First Day of Trading, Grayscale Begins Trading on November 20th.

Bloomberg ETFs analyst James Seyffart reports via X that “Options volume on BlackRock's bitcoin spot ETF IBIT, which began trading today (Nov. 19), was about $1.9 billion. A total of 35.4 million contracts were active, of which 28.9 million were calls (82%) and 65,000

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