Crypto News Highlights: Grayscale’s BTC Holdings Surge to $20.84B Amid, BlackRock’s IBIT Bitcoin ETF Hits $3B Deposits

Crypto News Highlights: Bitcoin echoed a speculative buzz across the broader crypto market once again, as the token’s price slipped past the $40 mark briefly today, after facing a pullback to $38K yesterday. As of writing, the Bitcoin price noted a 2.36% jump over the past 24 hours and is currently trading at $39,981. However, the BTC price witnessed a flux near the $40K mark today. Meanwhile, altcoins like Ethereum, Solana, and XRP continued to witness a slump, collectively plunging 3%-6%, garnering significant attention globally.

On the other hand, Elon Musk’s artificial intelligence, xAI (Grok), recently announced that the project has successfully secured $500 million in investments. With this, the AI project is one step closer to its $1 billion evaluation goal, although the bigger picture is for a $15 billion evaluation, according to sources familiar with the matter.