Major cryptocurrencies on Tuesday evening posted some gains following a weekend characterized by consolidation %20earlier%20this%20week.)as profit-taking occurred. What Happened: Bitcoin has faced pressure following the introduction of spot exchange-traded funds (ETF) in the U.S. According to data from Paris-based Kaiko, selling pressure has been focused on Binance, OKX, and Upbit by trading volumes. On January 16, the Grayscale Bitcoin Trust (NYSE:GBTC) transferred 8,730 Bitcoin, valued at over $376 million, to Coinbase Prime deposit addresses. This transfer was disclosed by blockchain analyt…

Read More