GBTC has seen $12 billion in outflows since due in part to its high fees compared to its competitors.

Prices could be headed to as low as $55,000 in the coming weeks, one trader said, but the long-term bullish outlook remains intact.

The so-called Coinbase premium has evaporated, indicating a weaker stateside buying pressure.

Outflows of GBTC tend to add pricing pressure to bitcoin because of increased selling

Large sell orders worth $55.49 million drove bitcoin’s price down to $8,900 on BitMEX. The overnight crash was short-lived.

The action may foreshadow regulatory restrictions in the region for the largest stablecoin by market capitalization and trading volume, as upcoming

Fidelity’s Wise Origin Bitcoin Fund (FBTC) is the fifth most popular exchange-traded fund (ETF) on the market right now, attracting more than $6.9

Bitcoin ETF inflows on Monday and Tuesday will be the "real test" for what's next for the largest crypto asset's price, Markus Thielen wrote.

Some called the move a marketing trick, as news of the burn went viral on X.

Blockchain bettors see a clear path to victory for Trump, and are bullish on ether hitting an all-time high in 2024 – but SOL might get there first