Bookmarking Crypto Insights
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With bitcoin trading above $65K, crypto enthusiasts are anticipating big price moves in October. Many still believe BTC will exceed its all-time high before the year ends. On Polymarket, a blockchain-powered predictions platform, the odds currently show a 61% chance that bitcoin will top the record it set seven months ago. Polymarket Bettors: Bitcoin Record … Read more
Lou Jiwei stresses that China must assess cryptocurrency developments, particularly as the US shifts policy on Bitcoin ETFs. Go to Source
According to a weekend market insights analysis provided by QCP Capital, risk assets experienced a notable rally this week, driven by central bank stimulus measures and key political developments. Analysts from QCP highlighted multiple factors contributing to the uptick, including economic support from China and interest rate expectations in the United States and Japan. Global … Read more
With two days remaining in September, bitcoin’s monthly gain stands at 11.11%, setting the stage for the widely anticipated ‘Uptober.’ Historically, October has been a strong month for bitcoin, delivering positive returns 81.82% of the time since 2013. ‘Uptober’ on the Horizon: Bitcoin Looks to Buck September’s Bearish History As of Saturday, Sept. 28, 2024, … Read more
On Friday, U.S. spot bitcoin exchange-traded funds (ETFs) continued their upward momentum, raking in a sizable $494.27 million in inflows. Spot ethereum ETFs followed suit, adding $58.65 million to their tally. Bitcoin ETFs Lead the Charge with $494M Inflows; Ethereum ETFs See Strong Growth Data from sosovalue.xyz shows that 12 U.S. spot bitcoin ETFs collectively … Read more
The crypto world is full of technical terms, some of which are so difficult that almost no one understands them. Go to Source
Cantor Fitzgerald CEO Howard Lutnick advocates for Bitcoin to be classified as a commodity, citing its similarities to gold and oil. Go to Source
Suze Orman, a well-known financial advisor, advocates for bitcoin exposure, despite contrasting views from other prominent investors like Dave Ramsey and Warren Buffett. She underscores the potential gains for those who can manage its volatility. “Everybody should absolutely have exposure to bitcoin,” she said. Suze Orman Encourages Bitcoin Investment With Caution Financial advisor Suze Orman … Read more
Bitcoin’s break above $65,000 and solid buying in-the-spot BTC ETFs have traders convinced that the bull market is back in full swing. Go to Source
From Jan. 11 to Sept. 26, 2024, Blackrock, the world’s largest asset manager, collected an astonishing 363,626.36 bitcoin, valued at just over $24 billion as of Sept. 27. This accumulation puts Blackrock’s exchange-traded fund (ETF), IBIT, on the cusp of controlling nearly 2% of bitcoin’s total supply. A Look at How Blackrock Quickly Accumulated Billions … Read more
