Bitcoin and Ether can “greatly improve” portfolio performance: BBVA
Bitcoin price has outperformed the returns from the S&P 500 more than threefold in 2024. Go to Source
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Digital asset funds see biggest weekly outflow since March
According to data from a CoinShares report, weekly total outflows for digital asset funds hit $600 million on June 14. Go to Source
Terraform Labs to shut down after $4.5B SEC settlement: Law Decoded
Terraform Labs plans to sell key projects within the Terra ecosystem and give the community control of the Terra blockchain. Go to Source
Australian Securities Exchange (ASX) Approved Listing Its First Bitcoin ETF
Vaneck, a global investment firm, has announced the launch of the Vaneck Bitcoin ETF (VBTC), the first Bitcoin exchange-traded-fund on the Australian Securities Exchange (ASX). Set to commence trading on June 20, 2024, the ETF is touted as the most cost-effective Bitcoin fund exposure in Australia. Arian Neiron, Vaneck’s CEO for the Asia-Pacific region, emphasized … Read more
Analysts Predict BTC Hitting $200,000 Next Year and $1 Million by 2033 — ‘We Believe Bitcoin Is in a New Bull Cycle’
Global asset management firm Alliance Bernstein’s analysts predict that the price of bitcoin could soar to $200,000 by 2025, $500,000 by 2029, and an astounding $1 million by 2033. “We believe bitcoin is in a new bull cycle,” they said. Bullish Bitcoin Price Prediction Bernstein analysts Gautam Chhugani and Mahika Sapra shared their bitcoin price … Read more
Bitcoin whale accumulation reaches pre-2020 bull run levels — Is BTC set to break $70K?
Bitcoin’s short-term holder realized price rose to $63,729, suggesting a definitive breakout above the $70,000-level next. Go to Source
DeFi Technologies adopts Bitcoin treasury strategy
The publicly listed Canadian company announced the purchase of 110 BTC and repayment of $5 million in debt by its subsidiary, Valour. Go to Source
ETFs See 18 Days of Gains: Blackrock’s Bitcoin Holdings Surpass 300,000
Blackrock, the world’s largest asset manager, now holds more than 300,000 bitcoins following $217.7 million in positive inflows from all of the U.S. spot bitcoin exchange-traded funds (ETFs). Thursday’s inflows marked the 18th consecutive day of gains for the bitcoin ETFs. Bitcoin ETF Gains Continue Spot bitcoin ETFs in the U.S. have been thriving recently, … Read more
US elections are a ‘huge variable’ for Solana ETF approval
The approval of spot Ether ETFs has opened Pandora’s box for another altcoin ETF. Solana, XRP, Chainlink or Dogecoin could be next, but is the crypto market overly optimistic? Go to Source
Can Bitcoin close above $70K amid strong labor market?
Stronger-than-expected employment data could put more downward pressure on Bitcoin price. Are ETF inflows enough to get a weekly BTC close above $70,000? Go to Source