GBTC outflows overpower spot bitcoin ETF inflows – The Block
Funding • April 9, 2024, 2:54 a.m. EDT issued 1 minute ago upon The US spot Bitcoin exchange-traded fund recorded net outflows yesterday after four consecutive days of inflows. The main reason was Grayscale’s GBTC Spot ETF, which had net outflows of more than $303 million in one day. All other Bitcoin ETFs recorded net […]
Bitcoin halving in 11 days, here's how it will impact BTC mining costs – Cointelegraph
Bitcoin halving is a significant milestone event that occurs every 210,000 blocks, or approximately every four years. The halving event reduces the block rewards that miners receive by half. In addition to indirectly affecting the price of Bitcoin (BTC), the halving event also has a significant impact on miner behavior, as it costs twice as […]
Bitcoin ETF activity to remain robust until the halving: Santiment – Cointelegraph
Spot Bitcoin exchange-traded fund (ETF) flows are likely to remain high until the Bitcoin halving at the end of this month, according to on-chain analytics firm Santiment. The blockchain data firm observed that Bitcoin ETF volume has not slowed down since hitting an all-time high in mid-March. to add “Trader activity remains significantly higher than […]
This Week in Crypto Games: Notcoin Token at Bitcoin Halving, Saga Breaks Binance Record, and BTC 'Game Boy' – Decrypt
Cryptocurrency and NFT The gaming world is busier than ever these days, with big-name games starting to be released, token airdrops piling up, and other things that always seem to be happening. There’s a lot to take in! Fortunately, DecryptionGG is displayed on the entire surface. And if you want a quick way to stay […]
Bitcoin bulls nudge at $70K as BTC price sees 'not typical' weekend – Cointelegraph
Bitcoin (BTC) headed higher towards the week’s close on April 7th as BTC’s unusual price action over the weekend boosted the bull market. BTC/USD 1 hour chart. Source: TradingView BTC price reflects initial price up to $70,000 Cointelegraph Markets Pro and TradingView showed a sudden move above $69,000 over the weekend, with Bitcoin hitting a […]
Bitcoin price forecast: Prepare for a new peak – ForexLive
I expect Bitcoin to reach new all-time highs in the near future. Check where the seller is located. Bitcoin technical analysis: Preparing for a new ATH. 🔍 Cryptocurrency king’s technical outlook: Taking a closer look at Bitcoin’s weekly chart, it is clear that the bullish momentum continues to soar. I have my sights set on […]
Bitcoin: ‘Good time in ETF land’ means you should replace gold with BTC? – AMBCrypto News
Bitcoin ETF’s $12 billion success may be a sign of mainstream acceptance BTC’s ability to provide returns without too much volatility is also gaining recognition. The recent success of the Bitcoin ETF, which raised $12 billion in just two months after approval, highlights the rapid growth and acceptance of cryptocurrencies in mainstream finance. In a […]
Bitcoin 'pretty unlikely' to revisit $50K price level, says analyst – Cointelegraph
The frequency with which Bitcoin (BTC) hits higher support price levels and the “lack of immediate froth” in derivatives markets could see its price return to $50,000 soon, according to one cryptocurrency analyst. This suggests that the gender is low. Dylan LeClair, senior analyst at digital asset fund UTXO Management, explained among the analysts. Note […]
South Korean party bets on US Bitcoin ETF access for votes – Cointelegraph
South Korea’s major political parties are promising crypto-related incentives to secure voter support ahead of the upcoming parliamentary elections. according to According to a Bloomberg report on April 5, the opposition Democratic Party has vowed to remove restrictions on domestic and foreign exchange traded funds (ETFs) that directly hold virtual currency tokens, including US Bitcoin […]
Pantera Capital posts 66% gain for crypto fund last quarter, despite selling Bitcoin: Bloomberg – The Block
Market • April 6, 2024, 1:08 PM EDT issued 1 minute ago upon Pantera Capital, a $5.2 billion asset management firm that first focused on blockchain technology and digital assets, recorded a 66% return on its Liquid Token Fund in the first quarter of 2024. According to Bloomberg, the rally was led by Solana as […]