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Bitcoin tumbles from record high as Grayscale ETF outflows hit $12bn – Financial Times

Unlock Editor’s Digest for free FT editor Roula Khalaf has chosen her favorite stories in this weekly newsletter. Bitcoin has fallen 16% from last week’s all-time high, reversing the influx of money into new equity markets that had driven this year’s huge rally. The world’s largest cryptocurrency, which reached $73,800 last Thursday, fell to $60,760 […]

Bitcoin Registers Biggest Single-Day Loss Since FTX's Collapse – CoinDesk

Bitcoin’s (Bitcoin) The price correction accelerated on Tuesday as U.S.-listed spot exchange-traded funds (ETFs) lost popularity. The leading cryptocurrency by market value fell more than 8% to less than $62,000, according to data from charting platform. TradingView Show. This is the largest daily percentage (UTC) decline since November 9, 2022. Prices plummeted more than 14% […]

Grayscale bitcoin ETF saw record daily outflows as bitcoin tumbled – Yahoo Finance

Written by Suzanne McGee (Reuters) – Bitcoin continued to fall on Tuesday with record outflows from Grayscale’s Bitcoin Trust, accelerating the fund’s asset losses since converting to an exchange-traded fund this year. On Monday, when Bitcoin fell about 4%, the Grayscale ETF hit a record single-day outflow of $642.5 million, according to data from BitMEX […]

Inside NYC’s bullish crypto party scene, after Bitcoin hit new all-time $70K high

“We really are back,” exclaimed Bitcoin investor Aubrey Strobel. Last week was a celebratory “I said so” moment for Strobel and his colleagues, as Bitcoin topped $70,000 for the first time, marking a remarkable recovery from the crash just a year ago. And New York City is poised to become the center of the industry, […]

Ethereum Could Top $14,000 Next Year Alongside Bitcoin Boom: Standard Chartered – Decrypt

British multinational Standard Chartered isn’t just bullish Bitcoin—Ethereum Analysts say it also plans to go to the moon. The bank’s Monday report claims the second-largest digital asset could reach $8,000 by the end of this year and $14,000 by 2025. This means that if a physical Ethereum exchange-traded fund (ETF) is approved, Jeffrey Kendrick, the […]

Bitcoin Will Hit $150,000 This Year, Standard Chartered Analysts Say – Decrypt

British multinational bank Standard Chartered is even more bullish on Bitcoin, predicting that the largest cryptocurrency will reach $150,000 in price this year. Analysts at the bank added in a research note on Monday that the digital coin could reach $250,000 in 2025 if exchange-traded fund (ETF) flows continue to increase. Standard Chartered Analyst Said […]

Bitcoin to enter pre-halving 'danger zone,' but crypto CEOs remain bullish – Cointelegraph

Bitcoin (BTC) may be just days away from entering the pre-halving “danger zone,” a period in which prices have historically fallen in the lead-up to halvings, according to one analyst. . “Within two days, Bitcoin will officially enter the ‘danger zone’.” […] A historic pre-halving retrace has begun here,” crypto analyst Recto Capital shared on […]

Bitcoin (BTC) Price Prediction For Coming Months – Coinpedia Fintech News

In the latest Crypto Rus show, Host George talked about Bitcoin’s recent big win, saying that Bitcoin hit a new all-time high today and easily broke that record. Although there have been some ups and downs, Bitcoin continues to rise, showing that even in volatile markets, it is tough. Investors are looking forward to the […]