Blockchain Marketing Advisor | Top Exchange Listing Partner | Fundraising | Investor
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The pace of bitcoin purchases by exchange-traded funds in the US is eight times higher than the mining of new coins by miners. Last week, spot bitcoin-ETFs bought 25,729 BTC (~$1.8 billion at the average exchange rate) - only 3,150 BTC were mined during the same period.
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/ Market makers / In the context of cryptocurrency, market makers are individuals, entities, or algorithms that facilitate trading on cryptocurrency exchanges by providing liquidity to the market.
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