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Bitcoin ETFs, Led by BlackRock's IBIT, See Record $40B Trading Volume as Institutions Capitulate 👀The U.S.-listed spot bitcoin ETFs saw a record $40 billion in trading volume last week, with IBIT leading the way. What to know:🧠 ✅The U.S.-listed spot bitcoin ETFs saw a record $40 billion in trading volume last week, with IBIT leading the way. ✅The surge in trading volume, along with price plunge and record redemptions, suggests institutional capitulation. #BTC #ETFs $BTC
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📍VanEck CEO Jan van Eck questioned whether Bitcoin has “enough encryption” and “enough privacy” in a CNBC interview. Some longtime Bitcoin holders are looking at Zcash’s stronger privacy features, he said. The remarks drew both support from technologists focused on quantum risks and sharp pushback from some long-term ("OG") Bitcoin advocates. 🔥 🧠What to know: VanEck CEO Jan van Eck questioned whether Bitcoin has “enough encryption” and “enough privacy” in a CNBC interview. Some longtime Bitcoin holders are looking at Zcash’s stronger privacy features, he said. The remarks drew both support from technologists focused on quantum risks and sharp pushback from some long-term ("OG") Bitcoin advocates.#BTCVolatility $BTC
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Hobbyist Miner Beats "1 in 180 Million Odds" to Win $265K Bitcoin Block Using Just One Old ASIC The winning miner controls just 0.0000007% of Bitcoin’s total network hashpower, which recently hit a record 855.7 exahashes per second. 🧠 know: A lone Bitcoin miner with only 6 terahashes per second of hashpower mined a full BTC block, earning 3.146 BTC plus fees worth nearly $265,000. The miner had just a one in 180 million chance of solving a block on any given day, controlling only 0.0000007% of Bitcoin's total network hashpower. This event marks one of the luckiest solo-mined blocks in recent memory, highlighting the rarity of such occurrences as Bitcoin's hashrate continues to climb.#BTCVolatility $BTC
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👀👀Grayscale's DOGE, XRP ETFs to Go Live on NYSE Monday Rival crypto asset manager Bitwise launched its XRP ETF earlier this week. What to know:🧠 ✅Grayscale’s Dogecoin (GDOG) and XRP (GXRP) ETFs will begin trading on NYSE Arca, offering spot exposure to each asset. ✅The launches follow rising demand for altcoin ETFs, with Bitwise and Franklin Templeton also expanding into DOGE, XRP and Solana products. #xrp #Dogecoin #Live $XRP $DOGE
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The decline leaves BTC down more than 7% over the past 24 hours and more than 20% over the past month, outpacing losses across equities, which remain comparatively firm thanks to strong earnings from Nvidia, which fought off fears of an AI bubble.#BTC #BTCVolatility $BTC
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