Bitcoin ETF Issuers May Dwindle by End of Year, Says Valkyrie CIO – Decrypt
Stephen McClurg, chief investment officer at Valkyrie Funds, said the Spot Bitcoin exchange-traded fund (ETF) is approaching its first month of operation, but the ETF space could shrink by the end of the year. Stated. McClurg predicts that only “about seven or eight” of the 10 issuers currently operating will survive.he tells the reason DecryptionThat’s […]
3 key Bitcoin price metrics hint at BTC gains above $48K – Cointelegraph
Bitcoin price rose 6.28% in the past 24 hours, hitting an all-time high of $48,200 on February 9th. Considering this performance, technical indicators, rising Bitcoin ETF stock and on-chain data, the strength for Bitcoin (BTC) to revisit post-Bitcoin ETF approval highs above $49,000. Traders say Bitcoin Supertrend indicator shows rare buy signal Bitcoin’s monthly chart […]
'Big volume day' for BlackRock as Bitcoin ETFs notch $1B volume – Cointelegraph
Spot Bitcoin Exchange Traded Fund (ETF) total daily trading volume exceeded $1 billion on February 7th, with BlackRock leading the way. Bloomberg Intelligence analyst James Seifert said it was a “huge volume day” for BlackRock’s IBIT Bitcoin ETF, with daily trading volume of $341.2 million and Grayscale’s That surpassed Bitcoin Trust’s trading volume of $296.5 […]
Former Starbucks Bitcoin Partner Bakkt Says It’s Running Out of Cash – Decrypt
Digital asset firm Bakkt told regulators this week that it is short on funding, citing the “rapidly evolving environment” of the crypto industry. The company once boasted major partners such as Starbucks and Mastercard, and traces its lineage back to the same company that owns the New York Stock Exchange. Disclosed in SEC filings On […]
Who is the mysterious Bitcoin creator ‘Satoshi’? Man claims the identity in UK trial
Check out what’s being clicked on FoxBusiness.com An Australian man has testified in court that he is the mysterious creator of Bitcoin. Computer scientist Craig Wright told London’s High Court on Tuesday that he was the person behind the pseudonym “Satoshi Nakamoto” used in the original white paper that launched the original cryptocurrency. Ta. Wright […]
Craig Wright claims to be inventor of bitcoin, denies hoax
An Australian-born computer scientist who claims to be the mysterious Bitcoin inventor known as Satoshi Nakamoto was grilled Tuesday by lawyers for a group of crypto developers backed by Jack Dorsey over allegations of an elaborate hoax. pursued. In a London courtroom, Craig Wright was pressured by lawyers from the Crypto Open Patent Alliance to […]
Genesis Seeks Approval to Sell $1.6B in Bitcoin, Ether Trust Holdings – CoinDesk
Bankrupt crypto financier Genesis filed a motion Friday asking a U.S. judge to approve the sale of more than $1.6 billion in Bitcoin. (Bitcoin),ether (Ethereum) and Ethereum Classic (etc) Held in Grayscale’s trust product. If this motion is approved, the market could see even more selling pressure on Bitcoin. Exchange FTX went bankrupt in January […]
BlackRock and Fidelity Bitcoin ETFs reach top 10 in January flows – Cointelegraph
BlackRock and Fidelity’s Spot Bitcoin Exchange Traded Fund (ETF) ranked among the ETFs with the highest flows in January, totaling about $4.8 billion. BlackRock’s iShares Bitcoin Trust (IBIT) ranks 8th with an estimated net flow of $2.6 billion, while Fidelity Wise Origin Bitcoin ETF (FBTC) ranks 10th with a net flow of $2.2 billion. Ta. […]
Bitcoin and Ethereum Has ‘Free Walk’ to New All-Time Highs Amid Unprecedented Bullish Setup, Says Crypto Expert – The Daily Hodl
Ikigai Asset Management’s Chief Investment Officer believes Bitcoin (BTC) and Ethereum (ETH) will hit new all-time highs (ATH) due to an unprecedented setup in crypto history. In a lengthy thread on social media platform “BTC basically has free access to ATH. I got a spot BTC ETF. This will give him secure access to trillions […]
Bitcoin faces 'sell the news event' before 2024 BTC price all-time high – Cointelegraph
Bitcoin (BTC) should hit a new all-time high in 2024, but a new analysis suggests the halving will punish the bulls first. In the latest market update released On February 2nd, trading suite DecenTrader predicted a classic “halving” BTC price trend. DecenTrader: Bitcoin will ‘test investors’ resolve’ ahead of Q4 highs DecenTrader believes Bitcoin will […]