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Bitcoin Dips Below $59K Despite $436M Net ETF Inflows Last Week
Monday, September 16, 2024 - 7:48am | 669Read More...Although the digital asset market experienced a significant reversal last week, with inflows reaching $436 million, Bitcoin (CRYPTO: BTC) is down to $58,700 in early Monday morning trading. What Happened: After a prolonged period of outflows amounting to $1.2 billion, a shift in sentiment has...
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Bitcoin Spot ETFs See $39M Inflows, 'Bullish Correction' May Be In Play, Expert Tells Benzinga
Friday, September 13, 2024 - 7:24am | 598Read More...Spot Bitcoin ETFs continue to rebound, with a slight net inflow recorded on Thursday. What Happened: Bitcoin (CRYPTO: BTC) is trading flat this morning, up 0.6% at $58,280 but down 4.6% over the past 30 days. Ethereum (CRYPTO: ETH) is up 0.9% at $2,368 but down 13% in the last month,...
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Crypto Bank Anchorage Digital Challenges Coinbase's ETF Custody Dominance
Thursday, September 12, 2024 - 10:35am | 553Read More...Anchorage Digital Bank has secured a role as custodian for the ARK 21Shares Bitcoin ETF (BATS:ARKB), challenging Coinbase‘s (NASDAQ:COIN) dominance in the cryptocurrency ETF custody market. What Happened: The development marks a notable shift in an industry where Coinbase has been the primary...
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Bitcoin Will Hit $125K If Donald Trump Wins, $75K In Case Of A Kamala Harris Victory: Standard Chartered
Thursday, September 12, 2024 - 10:28am | 636Read More...A potential Donald Trump win in the November election would be more bullish for Bitcoin, a new Standard Chartered report predicts. What Happened: In a report released on Thursday, the investment bank predicted that Bitcoin could hit new all-time highs by the end of 2024, regardless of the outcome...
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Bitcoin, Ethereum ETF Inflows Surge To $117M: 'Regardless Of Which Party Wins, Both Candidates Need To Establish Leadership,' Expert Says
Wednesday, September 11, 2024 - 8:16am | 612Read More...Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) spot ETFs saw substantial inflows on Sep. 10, with Bitcoin ETFs attracting $117 million and Ethereum ETFs $11.437 million in net inflows. This surge coincides with the cryptocurrency market’s response to recent political developments and...
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Crypto Goes Mainstream: 57% Of Investors Ready To Allocate 5% Or More To Bitcoin, Ethereum
Tuesday, September 10, 2024 - 12:06pm | 455Read More...The majority of cryptocurrency owners are now comfortable making digital assets a significant part of their investment strategy, signaling a growing mainstream acceptance of cryptocurrencies, a new report finds. What Happened: According to Gemini‘s 2024 Global State of Crypto report, 57% of...
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Bitcoin Back To $57K, But Monday's ETF Inflows Don't Drag It Out Of Bearish Territory, Analysts Say
Tuesday, September 10, 2024 - 9:28am | 706Read More...Bitcoin (CRYPTO: BTC) spot ETFs recorded a total net inflow of $28.72 million on Sep. 9, while Ethereum (CRYPTO: ETH) spot ETFs continued their streak of outflows. What Happened: The Bitcoin ETF market saw mixed performance among its top players. While Grayscale‘s (OTC:GBTC) experienced an...
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Bitcoin ETFs Bled $643M In Outflows Last Week, Ethereum $98M, Analysis Shows
Monday, September 9, 2024 - 10:58am | 395Read More...Digital asset investment products experienced substantial outflows totaling $726 million last week, matching the largest recorded outflow set in March this year. What Happened: This shift in investor sentiment comes amid uncertainty surrounding potential Federal Reserve interest rate cuts and...
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Bitcoin, Ethereum Need New Catalyst For 'Enhanced Retail Engagement,' JPMorgan Says
Monday, September 9, 2024 - 8:11am | 531Read More...According to a new JPMorgan report, the cryptocurrency market needs a new catalyst to drive the sector forward and spark “enhanced retail engagement” to reverse August’s market downtrend. What Happened: JPMorgan analysts, led by Kenneth Worthington, highlighted the broader...
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Bitcoin Nears $55,000 As Experts Warn Of Market Peak: Potential Drop Below $50K 'Inevitable'
Friday, September 6, 2024 - 9:52am | 572Read More...As Bitcoin (CRYPTO: BTC) hovers near the $55,000 mark, experts are sounding alarms about a potential drop below $50,000, citing critical market indicators. On Friday morning, Bitcoin was trading at $56,680, up 0.1%, after hitting a low of $55,282, according to CoinGecko data. Ethereum (CRYPTO:...
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Bitcoin Below $50K? Crypto Market Braces For Volatility As ETF Outflows Continue
Thursday, September 5, 2024 - 8:23am | 521Read More...Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) spot ETFs continued to experience significant outflows. This potentially sets the stage for increased volatility in the coming weeks. Analysts now warn of potential downside risks, macroeconomic concerns and weakening on-chain metrics. According to...
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Bitcoin Dips Below $60,000 As Spot ETFs See $71.7M Outflow
Friday, August 30, 2024 - 8:06am | 600Read More...Bitcoin and Ethereum spot ETFs experienced notable fund outflows on Aug. 29, signaling ongoing uncertainty in the cryptocurrency markets. What Happened: Bitcoin spot ETFs saw a total net outflow of $71.73 million, with the Grayscale Bitcoin Trust (OTC:GBTC) leading the withdrawals at $22.68 million...
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Bitcoin Surges To $61,000 As Experts Eye Pre-Election Patterns And ETF Flows
Thursday, August 29, 2024 - 12:01pm | 757Read More...Bitcoin (CRYPTO: BTC), the world’s leading cryptocurrency, has surged back to $61,000, marking a 3.4% increase over the last 24 hours. What Happened: This upward momentum comes as market analysts and experts closely watch historical patterns related to U.S. presidential elections and their...
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Bitcoin, Ethereum Have Left FTX Collapse Behind, But MicroStrategy Has Outperformed: Report
Thursday, August 29, 2024 - 7:44am | 624Read More...The digital assets sector has shown resilience, bouncing back after the fallout from the FTX exchange collapse in November 2022, according to a research report released by Canaccord on Wednesday. What Happened: In the report, analysts led by Joseph Vafi highlighted a significant shift in the...
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Donald Trump's Pro-Bitcoin Stance Influenced Ethereum ETF Approval, Analyst Posits
Wednesday, August 28, 2024 - 10:48am | 584Read More...Bloomberg Intelligence ETF analyst James Seyffart believes political considerations played a significant role in the SEC’s surprise approval of Ethereum (CRYPTO: ETH) ETFs earlier this year. What Happened: In an interview with “BitLab Academy,” Seyffart pointed to several factors...
















