Bitwise files for ETF tracking firms with big Bitcoin treasuries
Bitwise has filed for an ETF that would invest in large market cap public companies with at least 1,000 Bitcoin on their balance sheets. Go to Source
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Bitwise has filed for an ETF that would invest in large market cap public companies with at least 1,000 Bitcoin on their balance sheets. Go to Source
Tuesday saw a significant breakout in the altcoin market, even as Bitcoin briefly dipped to $92.4K before staging a mild recovery. Investors who seized the opportunity to buy speculative cryptocurrencies during the dip are now reaping the rewards. However, it’s important to note that Bitcoin has been the driving force throughout this bull cycle. 📈 … Read more
Ethereum whales are back in action, taking advantage of the market’s recent dip to make significant purchases. Over the last 96 hours, whales have accumulated 340,000 ETH, worth over $1 billion. Ethereum fees have declined by 80% in ETH terms over the past three years, leading to less ETH being burnt pic.twitter.com/vGQuq1YDdC — IntoTheBlock (@intotheblock) … Read more
2024 has firmly established itself as the year of Bitcoin dominance. The leading cryptocurrency has outperformed the broader market, demonstrating resilience both during rallies and corrections, solidifying its position as the cornerstone of the crypto space. 2024 can be marked as the year of Bitcoin dominance. The largest crypto asset has largely outperformed the rest … Read more
Bitcoin’s surge to a new all-time high of $107.8K and Ethereum’s rally back above $4K have reignited bullish narratives across the crypto market. Amid this momentum, a few tokens are gaining significant social media traction, driven by major developments and price action. Bitcoin ($BTC): Bitcoin continues to dominate discussions as it unexpectedly broke through its … Read more
Bitcoin buying led by Coinbase launches BTC price action back toward the six-figure mark. Go to Source
Bitcoin’s price surge is attracting a shift in capital flow, with long-term holders selling to short-term, FOMO-driven investors. This dynamic reflects a change in market sentiment as BTC approaches the $100,000 mark. Notably, Bitcoin whales’ unrealized profit ratio sits at approximately 1.2, signaling that the market is not yet overheated despite the rally. For comparison, … Read more
Over the past 30 days, Bitcoin distribution has accelerated, signaling a notable shift in market behavior. Holding Bitcoin ($BTC) is no longer the default strategy for many participants, as evidenced by the Long/Short-Term Holder Supply Ratio dropping to 3.78, the lowest level in this cycle. Amid this redistribution, key demand zones are emerging. While 482,000 … Read more
The new funds add to Grayscale’s expanding suite of single-asset crypto products. Go to Source
Traders’ anticipation of a SOL ETF approval and a $750 price target from Bitwise are fueling traders’ optimism in Solana. Go to Source