Surges | Page 3 of 3

IBIT Among Most-Traded ETFs as Bitcoin (BTC) Surges; Mining Stocks Sink

Bitcoin BTC$91,986.14 bounced back on Tuesday, gaining about 6% over the last 24 hours after a sharp sell-off to start the week. The rebound helped drive heavy activity in crypto-related exchange-traded funds (ETFs), especially BlackRock’s iShares Bitcoin Trust (IBIT), which was among the most-traded ETFs… Read More

Tether’s Gold Hoard Surges to 116 Tons, Rivals Small Central Banks

10 months ago by Crypto InsightsCrypto

Investment bank Jefferies said the recent surge in gold prices can’t be explained by traditional drivers alone and points instead to Tether as a major new buyer. Attestation data and on-chain activity show that the stablecoin issuer has accumulated substantial bullion in recent months, tightening… Read More