Bitcoin price advance toward $68K sets a bullish path for SOL, ICP, GRT and BONK – Cointelegraph
Bitcoin (BTC) is gradually moving towards $70,000, indicating that market sentiment remains positive. According to data from Far Side Investors, a U.S.-based spot Bitcoin exchange-traded fund (ETF) saw inflows of $383 million on July 19, bringing cumulative net inflows into the ETF to more than $17 billion since its inception. Bitcoin whales appear to be […]
US Bitcoin ETFs see record $17B in net inflows – Cointelegraph
In a landmark achievement, a U.S. Bitcoin spot exchange-traded fund (ETF) recorded cumulative inflows of over $17 billion, setting a new record. According to the data Monitored Net inflows were driven primarily by BlackRock’s IBIT, which alone brought in $18.968 billion, according to Far Side Investors, while Fidelity’s FBTC also contributed significantly with $9.962 billion […]
Bitcoin large sellers 'exhausted' as $67K price holds – Cointelegraph
Bitcoin whales are easing up on the selling pressure as the cryptocurrency continues to gain strength over the past seven days and remains above $67,000. “Bitcoin’s big sellers are exhausted and valuation metrics are showing positive momentum,” CryptoQuant head of research Julio Moreno wrote in a July 20 Xinhua News Agency post. postThis refers to […]
DOGE open interest up 19% amid price 'breaking out' to monthly high – Cointelegraph
Traders have been increasing their Dogecoin positions since its price “breakout” and hit a monthly high on July 20. However, not everyone is yet convinced that the bullish pattern has been confirmed. “DOGE has broken out and an aggressive upside movement is expected,” anonymous crypto trader Shelby wrote on Xinhua on July 20. postThey reiterated […]
Ether price may dip after ETF 'novelty' wears off due to surging supply – Cointelegraph
If Ethereum supply continues to grow at its current pace, the initial excitement around a spot Ethereum exchange-traded fund (ETF) may fade and Ethereum prices may fall, according to analysts. “If ETH supply continues to grow by about 60,000 per month as it has since April, supply will return to merger levels by December,” crypto […]
Bitcoin price soars above $66K as crypto market momentum ramps up – Cointelegraph
A new wave of volatility has boosted the cryptocurrency market, with Bitcoin rising by more than $3,000 in a four-hour period on July 19. BTC/USD daily chart. Source: Trading View Data from Cointelegraph Markets Pro Trading View A nightmare for short traders unfolded early on the weekend of July 19th when BTC/USD suddenly rose from […]
Bitcoin’s next leg could hit $110K, despite ‘lower highs and lower lows’ – Cointelegraph
Bitcoin could see its next big rally surge to $110,000, despite concerns that a “lower high, lower low” pattern is forming on the BTC price chart, according to a crypto trader. “The next phase will likely see Bitcoin reach $110,000,” MN Capital founder Michael van de Poppe wrote in a blog post on July 17. […]
Bitcoin miner Cipher receives takeover offer, considers sale: Report – Cointelegraph
Bitcoin mining company Cipher is considering a sale after receiving a takeover bid, according to a recent Bloomberg report. of report The company is currently in discussions with advisers to gauge potential interest, but management may consider not selling the company, according to anonymous sources. Cipher (CIFR) shares surged to a high of $8.00 on […]
Ether ETF opens the floodgates for Solana ETFs and crypto products: Analyst – Cointelegraph
The launch of the first spot Ethereum exchange-traded fund (ETF) opens the door for more cryptocurrency exchange-traded funds, including Solana-based ETFs. The upcoming launch of the first spot Ether (ETH) ETF could pave the way for more cryptocurrency ETFs, according to Bloomberg senior ETF analyst Eric Balchunas. Analysts expect to see more products based on […]
Ether ETFs on the move, Messi promotes memecoin, and more: Hodler’s Digest, July 7-13 – Cointelegraph
This week’s top stories VanEck and 21Shares File Amended Ether ETF Application with SEC Asset management firms VanEck and 21Shares amended their S-1 filings with the U.S. Securities and Exchange Commission for an Ethereum exchange-traded fund (ETF) on July 8. Although neither amended filing provided a specific launch date, experts have suggested that the Ethereum […]