Bookmarking Crypto Insights
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Ten new U.S. spot bitcoin exchange-traded funds (ETFs) have shattered both inflow and trading volume records. The 10 funds took in $673.4 million, with Blackrock’s Ishares Bitcoin Trust (IBIT) accounting for $612.1 million of the total inflow. The 10 bitcoin ETFs also set a new record for total trading volume. Spot Bitcoin ETFs Set New … Read more
The chief executive of Bitwise Asset Management expects the price of bitcoin to hit $250,000 sooner than most people would imagine. Moreover, he believes that bitcoin is going to eat into gold’s total addressable market “faster than people expect.” He opined: “Bitcoin ETFs were bitcoin’s IPO moment. It’s now available to any investor with the … Read more
As bitcoin weaves its way through the market’s intricacies, its pricing path exhibits an unyieldingly positive trend, marked by a train of successive increases. Reaching $59,992, the leading digital currency experienced a significant intraday journey, fluctuating between $56,383 and $59,992, highlighting a period of volatility but with an extremely bullish undertone. Bitcoin The market cap … Read more
Veteran trader Peter Brandt has provided an update on his bitcoin price prediction. He explained that the price target for “the current bull market cycle” scheduled to end in Aug/Sep next year has been raised from $120,000 to $200,000. Peter Brandt on Bitcoin Bull Market Cycle Peter Brandt provided an update on his bitcoin price … Read more
Nine recently launched spot bitcoin exchange-traded funds (ETFs) broke their all-time daily volume record on Monday as the price of bitcoin soared. “It’s official…the new nine bitcoin ETFs have broken all-time volume record today with $2.4b,” said a Bloomberg ETF analyst, noting that Blackrock’s Ishares Bitcoin Trust (IBIT) “went wild,” breaking its record by about … Read more
JPMorgan Chase has discussed three main catalysts driving crypto prices over the coming months. The global investment bank’s analysts believe that the Bitcoin halving event and the next major upgrade of the Ethereum network are largely priced in. JPMorgan on Catalysts Affecting Crypto Prices Global investment bank JPMorgan Chase has provided its insights into three … Read more
In the last week, 23 cryptocurrencies experienced notable gains against the U.S. dollar, with flare (FLR) and uniswap (UNI) leading the charge. Concurrently, dymension (DYM) and helium (HNT) saw significant declines over the same period. FLR and UNI Lead Gains in a Diverse Week for Cryptos, Despite DYM and HNT Setbacks As of now, the … Read more
Ethereum’s price movement on Feb. 26, 2024, showcases a strong uptrend despite recent market volatility. With the second leading crypto asset’s price hovering around $3,064, it reflects a significant surge over the past month. At press time, market oscillators and moving averages signal mixed sentiments, hinting at both potential pullbacks and further gains. Ethereum Ethereum … Read more
Amid shifting market sentiments, bitcoin’s market activity on Feb. 26, 2024, demonstrates both consolidation and fluctuation. Within the intraday, bitcoin’s value oscillated between $50,926 and $51,917, highlighting the persistent unpredictability of the crypto economy while bitcoin’s market capitalization remains over the trillion-dollar mark. Bitcoin Bitcoin’s (BTC) 24-hour trading volume hit $14.57 billion, indicating a decrease … Read more
American hedge fund Pantera Capital has predicted “a strong bull market” for cryptocurrencies over the next 18-24 months. “With the halving expected to occur in late April 2024, we believe the convergence of these positive things will provide strong tailwinds for the next bull market,” said Pantera founder Dan Morehead. Pantera’s Bull Market Prediction Pantera … Read more