‘Major line in the sand’: Analyst names next BTC levels to watch
Bitcoin (BTC) continues to exhibit bullish sentiment, maintaining its position above the $50,000 mark as the market anticipates a possible push toward a new record high. Despite the optimistic market…
Historic Bitcoin Stashes Mobilize Amid Rising Market Valuations
With bitcoin’s value rising past the $51,000 mark, numerous long-dormant bitcoin hoards have begun to mobilize unspent transaction outputs (UTXOs) that have remained untouched for an extended period. Although instances…
Vanguard Leaving Bitcoin ETF Inflows in the Dust
According to Eric Balchunas, a senior ETF analyst, Vanguard has absorbed approximately $30 billion in inflows since the launch of Bitcoin ETFs, a figure six times greater than what Bitcoin…
Dr. Profit’s Bold Prediction for Bitcoin: New All-Time Highs Ahead
Renowned crypto analyst Doctor Profit, known for his weekly reports that dissect the intricacies of the cryptocurrency market, has made a bold prediction regarding Bitcoin’s future trajectory. In his latest…
Crypto Analyst Warns Bitcoin Remains Vulnerable Above $50,000, Says Zero Reasons To Be Bullish on One DeFi Altcoin
A widely followed crypto strategist thinks that Bitcoin (BTC) is in a tough spot even as it trades above $50,000. Analyst Justin Bennett tells his 112,000 followers on the social…
Bitcoin ETFs surge: iShares & Fidelity lead with record holdings
Exchange-traded funds (ETFs) have significantly increased their Bitcoin holdings, showcasing remarkable market confidence in cryptocurrency investments. Leading the charge, iShares by BlackRock (IBIT) now holds nearly 116,000 BTC, with Fidelity’s…
9 New ETFs Capture 177,949 Bitcoin, Pulling Nearly 40M BTC off Market After GBTC Outflows
In the latest reports, a number of the nine spot bitcoin exchange-traded funds (ETFs) that were launched on Jan. 11, 2024, have increased their bitcoin holdings following the last day…