Paul Tudor Jones says ‘all roads lead to inflation,’ long Bitcoin
The hedge fund veteran also suggests holding gold, commodities, and technology stocks. Go to Source
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Massive Inflows Push Bitcoin ETFs Higher as Ether Funds Falter
On Monday, U.S. spot bitcoin exchange-traded funds (ETFs) marked another day of gains, pulling in $294.29 million in positive inflows. In contrast, ether ETFs saw a different story, losing $20.8 million across nine funds during the trading day. As Bitcoin ETFs Surge Again, Ether Funds See $20.8M in Outflows According to sosovalue.xyz metrics, the 12 … Read more
Bitcoin Miner Ionic Digital Renews IPO Push, Reports Significant BTC Holdings
Ionic Digital has revived its plans for an initial public offering (IPO) following the appointment of BDO USA as its new auditor. The company, which is primarily involved in bitcoin (BTC) mining, also revealed that it holds 2,102.29 BTC, valued at $135.3 million as of Sept. 30, 2024. Ionic Digital Revives IPO Plan, Reports 2,102 … Read more
‘Quantile model’ analyst predicts $135K to $285K Bitcoin price in 2025
A unique Bitcoin price model charts a potential $285,000 top for BTC in 2025. Go to Source
European investors pour record $105B into US Bitcoin ETFs
Despite the record European inflows, Bitcoin price has been unable to recover above the $70,000 psychological level since July. Go to Source
Bitcoin stalls below $70K despite $20B ETF inflow milestone
Spot Bitcoin ETF inflows can have a delayed effect on the BTC price, which takes a couple of days to materialize, according to market analysts. Go to Source
Bitcoin open interest exceeds $40B amid brush near $70K
High open interest signals more leverage, which could induce another flush-out if positions are liquidated. Go to Source
How Bitcoin’s Success Could Be Fueling Poverty for Latecomers and Non-Holders, ECB Economists Claim
Bitcoin’s rise is enriching early adopters at the expense of society, according to a paper by European Central Bank (ECB) economists. They argued that bitcoin’s speculative growth leads to wealth redistribution, where early investors gain while non-holders and latecomers are left poorer. Economists warn this dynamic could harm societal stability, deepening inequality and threatening democracy … Read more
Bitcoin’s Potential ATH Signals Bull Run, But Altcoin Season Remains Elusive
As Bitcoin gears up to possibly achieve a new all-time high (ATH) by the end of the year, the anticipated bull run seems to be on the horizon. However, altcoin season has yet to kick off. In light of the current surge in interest surrounding artificial intelligence (AI) tokens, we’ve analyzed key on-chain data and … Read more
Bitcoin Supply Held By New Investors Hits 2-Year High Amid ETF Inflows
The percentage of Bitcoin supply held by addresses that bought within the last 12 months has reached its highest point in two years, signaling renewed interest from newer investors. This surge has been driven in part by a significant inflow of capital into Bitcoin exchange-traded funds (ETFs). According to data from @intotheblock, Bitcoin ETFs saw … Read more