External news feeds 907/2360

TON Foundation to Launch Bitcoin Bridge on The Open Network

The TON Foundation has announced the upcoming launch of TON Teleport BTC, a bridge designed to facilitate trustless and secure transfers of bitcoin to and from The Open Network (TON). This initiative aims to expand bitcoin’s utility by…

Research Shows Institutional Custodians and ETFs Drive Significant Bitcoin Market Movements

The bitcoin market recently saw a significant sell-off, absorbing over 48,000 BTC from the German government. Amidst this and upcoming Mt Gox distributions, a report from Glassnode researchers explores how these sell-side forces and exchange-traded…

Cryptoquant Insights Report: Seller Fatigue Suggests Bitcoin Price Bottom

Bitcoin prices may have reached a local low, as suggested by researchers at cryptoquant.com. The firm’s recent institutional insights report says large sellers appear to have depleted their selling power, and key valuation metrics point to…

US Bitcoin ETFs Record Ninth Consecutive Day of Gains, Adding $53.35 Million

U.S. spot bitcoin exchange-traded funds (ETFs) achieved their ninth consecutive day of gains on Wednesday, amassing $53.35 million. Blackrock’s IBIT garnered $110.37 million in inflows, whereas Grayscale’s GBTC experienced $53.86…

Why Did The German Government Sell Off 50,000 Bitcoin In 2 Weeks

The German government has sold all of its Bitcoin (BTC) in just two weeks. The reason for the substantial Bitcoin dump was unveiled in a recent statement by the Saxony Central Office for the Protection and Realization of Virtual Currencies. Why…