Cryptocurrency

Green Trading Day for Bitcoin ETFs U.S. spot bitcoin exchange-traded funds (ETFs) rebounded from the significant outflow with modest gains of $18.44 million, according to trading metrics from Sosovalue. On a quiet trading day, Blackrock’s IBIT brought in $30.14 million in inflows, while Ark and 21Shares’ ARKB saw $11.7 million in outflows. The other 10 spot bitcoin ETFs remained neutral, […]

Bitcoin has been making waves in the financial world, with many speculating about its potential to reach new heights. As we explore whether the Bitcoin price can realistically hit $200,000 this cycle, we’ll dive into the market dynamics and what drives prices higher. For an in-depth complete analysis, refer to the original Can Bitcoin Realistically […]

Bitcoin (BTC) may drop to $75,000 should it trigger a so-called ‘double top’ bearish reversal pattern. A double top comprises two consecutive peaks at approximately the same price, with a trendline drawn through the low point between these peaks. The failure to break above the previous peak, followed by a subsequent decline, suggests that the […]

News MicroStrategy co-founder Michael Saylor posted the Bitcoin tracker for the 12th consecutive week, signaling an impending Bitcoin purchase on Jan. 27. The company’s most recent purchase of 11,000 BTC occurred on Jan. 21, at an average purchase price of $101,191 per coin. According to SaylorTracker, MicroStrategy currently holds 461,000 BTC, valued at approximately $48.4 billion […]

With all-important coins like Bitcoin, (BTC 0.34%) Solana, (SOL 1.09%) and XRP (XRP 0.17%) hovering near their all-time highs, it’s a good time to be a cryptocurrency investor. And, quite soon, a few new developments waiting in the wings that could make it an absolutely great time. Here are the catalysts that could usher in […]

During the 2008 financial crisis, Lehman Brothers collapsed just months after posting $4 billion in earnings, brought down by troubles hidden in opaque accounting and complex financial instruments. Nearly 15 years later, history repeated itself when FTX’s collapse wiped out $12 billion in customer funds that many had trusted would be their life savings. Proponents […]

Nasdaq has filed a proposed rule change to allow in-kind creation and redemption for the BlackRock iShares Bitcoin Trust (IBIT), according to a Friday filing to the U.S. Securities and Exchange Commission (SEC). The process allows large institutional investors, called authorized participants (APs), to buy and redeem shares of the fund directly to bitcoin (BTC). […]

The cryptocurrency market is experiencing volatility as major coins see substantial price movements. Bitcoin, having recently dipped more than 3% to $102,661.93, has secured attention at the World Economic Forum in Davos, Switzerland. BlackRock CEO Larry Fink offered a bold prediction of Bitcoin reaching a remarkable $700,000. Fink points to small allocations by asset managers, […]

The price of Bitcoin (CRYPTO: BTC) soared 119% in 2024, and the bulls have been out in full force lately, making predictions about where the cryptocurrency is headed this year. Most recently, the head of research at Fundstrat, Tom Lee, said the price of one Bitcoin could reach as high as $250,000 by the end […]

Bitcoin, the world’s largest cryptocurrency, edged higher in choppy trading on Tuesday after backing off its fresh Monday record amid investor disappointment over U.S. President Donald Trump’s failure to unveil crypto-friendly policies on his first day in office. Bitcoin hit a record high $109,071 on Monday when Trump – who has pledged to be a […]