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3 reasons why Bitcoin (BTC) is up today
1.7.2024
Weak tech corporate earnings, spot Bitcoin ETF inflows, and the potential arrival of a new major investor drove Bitcoin price above $63,000
Steady Above $60K: Bitcoin Weathers Government Sell-Offs, Says QCP Capital
27.6.2024
Despite a brief dip below $60,000 on June 23, bitcoin has demonstrated formidable resilience by closing above this pivotal level for 118 days in 2024. According to QCP Capital, the cryptocurrency continues to hold strong against various market pressures, including substantial governmental...
US Bitcoin ETF Inflows Reach $21.52M as FBTC and GBTC Lead Gains
27.6.2024
U.S. spot bitcoin exchange-traded funds witnessed a second day of inflows as they captured $21.52 million on Thursday. The leader in terms of gains was Fidelity’s FBTC led the pack with a $19 million increase. Modest Inflows for Bitcoin ETFs on Thursday With Fidelity’s FBTC Leading...
Spot Bitcoin ETFs reverse 7-day outflow streak
26.6.2024
As of June 25, the 11 spot Bitcoin funds that debuted in January have seen net inflows of $14.42 billion
Bitcoin Bets Hit Peak of $37B as ETF Inflows Set New Record
7.6.2024
The long-short ratio is starting to tilt in favor of bulls since Wednesday, data indicates, as some traders expect bitcoin to set fresh all-time highs in the coming weeks
Why isn’t the BTC price moving despite billions in ETF inflows?
7.6.2024
Spot Bitcoin ETFs in the United States have just notched their 19th day of inflows. Traders explain why it hasn’t led to a surge in the price of Bitcoin
First Mover Americas: Bitcoin Tops $71K After Best Day for ETF Inflows Since March
5.6.2024
The latest price moves in bitcoin (BTC) and crypto markets in context for June 5, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Why is Bitcoin stagnated despite $2B in spot ETF inflows?
31.5.2024
Reasons for BTC's weakness include Mt. Gox coin movements, regulatory actions, and the U.S. Senate's anti-crypto lobby
UBS Raises Gold Price Forecast Amid Rising Central Bank Demand and Geopolitical Tensions
25.5.2024
UBS has raised its gold price forecast following a record surge in gold prices, driven by anticipated Federal Reserve rate cuts and a weakening U.S. dollar. The main factors behind the investment bank’s upgraded gold price prediction include softer U.S. economic data, increased central bank...
BlackRock’s IBIT leads record Bitcoin ETF inflows
23.5.2024
With the US SEC on the verge of approving ether-based exchange-traded funds (ETFs), the focus shifts to skyrocketing Bitcoin tracking instruments. Some of the leading products in this context are Blackrock’s iShares Bitcoin Trust (IBIT), Fidelity’s Wise Origin Bitcoin Fund (FBTC), and Grayscale’s...
Bitcoin Price Prediction 23 May: BTC Struggles at the $70,000 Resistance – What’s the Next Level to Watch?
23.5.2024
Bitcoin faces significant resistance at $70,000 despite a bullish week, peaking at $71,957 and gaining 13% driven by ETF inflows.
The post Bitcoin Price Prediction 23 May: BTC Struggles at the $70,000 Resistance – What’s the Next Level to Watch? appeared first on Cryptonews
Strong Bitcoin ETF inflows boost BTC stability, says Bitfinex
22.5.2024
Bitcoin ecosystem recorded consistent high daily closes, massive BTC outflows from crypto exchanges and inflows into the spot Bitcoin ETF market
4 reasons why Bitcoin was a buy below $70K
21.5.2024
Technical chart patterns suggest that Bitcoin could see more upside momentum in the following weeks, mirroring previous bull cycles
Bitcoin Price Prediction as BTC Blasts Toward All-Time High – Are Whales Buying Again?
21.5.2024
With Bitcoin approaching $71,000, speculation rises about whether whales are buying again, driven by significant ETF inflows and market optimism.
The post Bitcoin Price Prediction as BTC Blasts Toward All-Time High – Are Whales Buying Again? appeared first on Cryptonews
Blackrock Bitcoin ETF Attracts 414 Institutional Holders — Analyst Says IBIT ‘Blows Away Record’
18.5.2024
Blackrock’s spot bitcoin exchange-traded fund (ETF), the Ishares Bitcoin Trust (IBIT), has amassed 414 insitutional holders in less than three months, according to filings with the U.S. Securities and Exchange Commission (SEC). A senior Bloomberg analyst described this achievement...
Bitcoin will stay in $55K to $75K zone for now: Novogratz
15.5.2024
Mike Novogratz says crypto is in a “consolidation phase” and predicts that prices will bounce higher at the end of the current quarter
Hong Kong Bitcoin, Ether ETFs wipe 2 weeks of inflow in a single day
14.5.2024
Net outflows for Hong Kong’s crypto ETFs reached a record $39 million on Monday with bleeding felt across all six funds
Bitcoin Price Prediction: Falls to $60,620 Amid Fed Rate Cut Speculation and ETF Inflows
10.5.2024
Bitcoin dips to $60,620 as U.S. economic data hints at possible Fed rate cuts, sparking a bullish sentiment in crypto markets.
The post Bitcoin Price Prediction: Falls to $60,620 Amid Fed Rate Cut Speculation and ETF Inflows appeared first on Cryptonews
Grayscale Bitcoin ETF nullifies $66.9M inflows in 2 days
10.5.2024
Grayscale's Bitcoin ETF saw substantial investment outflows that surpassed the $66.9 million it had attracted just a few days earlier
Bitcoin Price Prediction: $64K Surge Amid ETF Inflows & 1B Transactions
6.5.2024
Bitcoin's price soars past $64K, buoyed by a surge in ETF investments and a historic milestone of 1 billion blockchain transactions.
The post Bitcoin Price Prediction: $64K Surge Amid ETF Inflows & 1B Transactions appeared first on Cryptonews