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BlackRock has withdrawn 4,172 BTC from a certain CEX in the past 8 hours, worth approximately $296 million.
Gate News reports that on March 6, according to Onchain Lens monitoring, over the past 8 hours, BlackRock withdrew 4,172 BTC (worth approximately $296 million) from a certain CEX. Data shows that since February 23, BlackRock has cumulatively withdrawn 26,735 BTC (about $1.83 billion) from the exchange, deposited 5,783 BTC (about $377 million), resulting in a net inflow of 20,953 BTC (about $1.48 billion).
GateNews2m ago
BlackRock IBIT has had a net inflow of 21,814 BTC since February 24.
Gate News Report, March 6, according to Lookonchain monitoring, BlackRock's Bitcoin spot ETF IBIT continues to accumulate BTC. Since February 24, IBIT has a net inflow of 21,814 BTC, worth $1.58 billion.
GateNews3m ago
Jiuzi Targets 10,000 Bitcoin In $1B Treasury Shift
Institutional interest in Bitcoin continues to expand across industries. A surprising new player has now entered the spotlight. Nasdaq listed Chinese electric vehicle company Jiuzi Holdings plans a massive Bitcoin acquisition worth about $1 billion. The company aims to acquire nearly 10,000 Bitcoin
Coinfomania10m ago
Bitcoin's comeback over gold? Economist Lyn Alden predicts that cryptocurrency returns will outperform precious metals over the next three years.
Macroeconomist Lyn Alden predicts that Bitcoin will outperform gold over the next two to three years due to significant differences in market sentiment towards the two assets. Although billionaire investor Ray Dalio considers Bitcoin risky and views gold as more mature, the correlation between the two is gradually increasing, potentially offering unique opportunities for investors in the future.
GateNews13m ago
The strengthening of the US dollar suppresses Bitcoin's rebound, and Middle East conflicts may trigger a price decline
The tense situation in the Middle East has triggered a strengthening of the US dollar, putting pressure on Bitcoin and high-risk assets. Analysis indicates that the appreciation of the dollar and high inflation may limit capital inflows into the crypto market. Although Bitcoin experienced a brief rebound, it still faces institutional sell-offs and market weakness. Investors should monitor the dollar trend and market dynamics to assess potential risks.
GateNews16m ago