Category: grayscale
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US Spot Bitcoin ETFs Record $19.4 Million in Outflows, GBTC Holdings Decline
GBTC Drops Nearly 3,000 BTC in a Day as Blackrock, Fidelity Command Record Inflow Streaks
Charles Hoskinson Criticizes Cardano ‘Dunking,’ Expresses Concern Over ‘Carnival Barkers’ Dominance
Grayscale Removes Cardano From Its Crypto Large Cap Fund
US Bitcoin ETFs See $85.7M Outflow After 4 Days of Gains; Grayscale’s GBTC Leads the Dip
Grayscale Study Pinpoints Bitcoin in Mid-Phase Bull Run, Eyes Future Growth
Bitcoin Market Observers Remain Cautious As Price Movement Slows
As the bitcoin market continues to exhibit signs of consolidation following a dynamic start to the year, industry observers are closely monitoring key indicators to gauge the cryptocurrency’s future trajectory. Despite hovering near its all-time highs, bitcoin has struggled to maintain crucial support levels in recent trading sessions. Renowned analyst Ali Martinez recently highlighted a potential head-and-shoulders formation on bitcoin’s 30-minute chart. Martinez suggests that if bitcoin manages to sustain its position above the 200EMA and surpasses the neckline resistance at $71,580, it could signal a bullish trend reversal. In such a scenario, investors could anticipate a potential price increase
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GBTC Experiences Its Largest Daily Drain Yet, Nearly 239,000 BTC Gone in Under 70 Days
Bitcoin Reaches New All-Time High Amid Dormant Coins Resurgence
Bitcoin surged to yet another all-time high, reaching $72,764, signaling a robust bull market. Notably, a significant influx of dormant coins is re-entering circulation, reinforcing the bullish sentiment. Despite the remarkable price performance, discussions surrounding Bitcoin remain relatively subdued, suggesting potential for further price gains. 🥳📈 #Bitcoin has hit another #AllTimeHigh of $72,764. Massive dormant coins are moving back into circulation, which is a primary validator of a #bullmarket. $BTC discussions are low relative to price performance, a sign that prices can continue climbing. https://t.co/LEXPRQg6uc pic.twitter.com/LP1nAyhGz3 — Santiment (@santimentfeed) March 11, 2024 The average age of investments has seen a
The post Bitcoin Reaches New All-Time High Amid Dormant Coins Resurgence appeared first on The Merkle News.