Biden out, bull run in? Here’s what analysts think
Biden’s sudden move to abandon the 2024 presidential race could be a “huge boost” for crypto assets, but it may be too soon to get excited about a massive crypto rally. Go to Source
Bitcoin ETF
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Grayscale announces plans for Bitcoin ETF spinoff
Current GBTC shareholders will receive shares in Grayscale’s new Bitcoin ETF in proportion to what they currently hold in GBTC. Go to Source
Bitcoin oversold after German gov’t sell-off — ARK Invest
Bitcoin miners seem to be capitulating, a harbinger of a bullish reversal, according to Ark. Go to Source
Bitcoin analysts say 74K is the next stop for BTC price
Bitcoin could be gearing up for a rally to the $74,000 mark, but to confirm the move, it needs to reclaim the old all-time high of $69,000. Go to Source
21Shares Ether ETF to waive fees for up to 6 months as issuers prep for listings
21Shares joins other Ethereum exchange-traded fund issuers that are slashing fees to woo investors. Go to Source
BTC price tags $66K — can Bitcoin bulls beat out $100M of asks?
Bitcoin buyers need to ramp up pressure to squeeze the market back toward all-time highs, BTC price analysis concludes. Go to Source
Bitcoin price rally to $65K fueled by ‘complete exhaustion’ from sellers — Glassnode
Bitcoin price displayed surprising strength after various market participants absorbed over 48,000 BTC that the German government sold. Go to Source
Institutions are more bullish on Ether than retail ahead of ETH ETF launch
Ether price could double during the 2025 bull cycle, thanks to increased institutional interest introduced by ETH ETFs, according to Bybit’s head of institutions. Go to Source
Ether ETF opens the floodgates for Solana ETFs and crypto products: Analyst
The market could even see the launch of new crypto ETFs with mixed exposure to Bitcoin and Ether, according to prominent ETF analyst Balchunas. Go to Source
Bitcoin Market Dynamics: From ATH To Recent Recovery
The Bitcoin market has navigated through several phases over the past 18 months, beginning with a period of steady price appreciation post-FTX, followed by three months of consolidation after reaching an all-time high (ATH) of $73,000. During May to July, Bitcoin underwent its deepest correction cycle, experiencing a drawdown of over -26% from its ATH. … Read more
