Traders: Bitcoin price needs “fresh all-time highs” to end pump-and-dump cycles
[Jun 13, 2024 11:18 AM] Bitcoin price requires high demand side liquidity to push the price out of a long-lasting consolidation.
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Hedge Funds Heavily Betting For Bitcoin To Fall: Will This Strategy Fail?
[Jun 10, 2024 11:30 AM] Looking at the formation in the daily chart, there is no relief for Bitcoin at spot rates. Following the flash crash on June 6, prices reversed sharply from the $72,000 level, further highlighting the significance of the liquidation level. In the…
Bitcoin ETFs Witness 18 Straight Days Of Inflows, Options Traders Eye $100,000
[Jun 7, 2024 12:00 PM] US spot Bitcoin ETFs have experienced a noteworthy streak of net inflows for 18 consecutive days, contributing to the upward momentum of the leading cryptocurrency as it inches closer to its all-time high levels set in March. According to…
Bitcoin ETF flows will send BTC price into ' parabolic run,' traders say
[Jun 7, 2024 11:13 AM] BTC price remains steady above $69,000; analysts say increased spot Bitcoin inflows could take the price higher.
VC Lists 2 Reasons Why Bitcoin Is Still Trending Below $100,000
[Jun 7, 2024 9:30 AM] Bitcoin traders are upbeat, confident that bulls have more legs to push prices above $72,000 and all-time highs. While the excitement about what lies ahead is primarily due to the mass inflow into spot Bitcoin exchange-traded funds (ETFs), Charles…
Bitcoin Approaching All-Time Highs: Why Is Retail Interest Rapidly Declining?
[Jun 6, 2024 1:00 PM] Bitcoin is in an uptrend and will likely breach the all-important liquidation line at $72,000. At the spot rate, the coin is up approximately 25% from May lows and may rally, even breaking all-time highs of $73,800. Retail Interest In Bitcoin…
Bitcoin Will Explode If Bulls Break The “Fuse” At $72,000
[Jun 5, 2024 8:00 PM] Bitcoin’s price has risen roughly 2% in the past 24 hours, trending above $70,000, a psychological level. As bulls prepare for more gains, Willy Woo, an on-chain analyst, believes the coin could soar even higher after breaking above the…
Bitcoin Ready To Takeoff? Analyst Eyes $85,000 as Fundamentals Align
[Jun 4, 2024 11:30 AM] Bitcoin prices are hovering near $70,000, bouncing from a critical dynamic support line, evident in the daily chart. Even though bulls have yet to breach $72,000 and break above March 2024 highs, traders are optimistic about what lies ahead…
JPMorgan Predicts ‘Negative’ Initial Reaction for Ethereum ETFs — Expects Lower Demand Than Bitcoin ETFs
[Jun 1, 2024 5:20 PM] JPMorgan has predicted an initial negative market reaction for spot ethereum exchange-traded funds (ETFs), expecting lower demand compared to bitcoin ETFs. The global investment bank also cautions that approximately $1 billion may exit the…
Bitcoin ETFs boost TradFi Investments: Binance France president
[May 30, 2024 4:15 AM] Bitcoin is increasingly viewed as a retirement investment product by traditional investors, thanks to the approval of spot Bitcoin ETFs.
Bitcoin Inflow To Exchanges At 2016 Levels, Impact On Price Will Be Low Even If Mt. Gox Sells
[May 28, 2024 3:00 PM] Bitcoin briefly shot over $70,000 yesterday before plunging below $69,000 to spot rates. While there are hints of weakness, one analyst on X notes that inflow to exchanges like Binance and OKX is subdued, meaning that users are not keen to sell…
Bitcoin investment inflows hit $1B as long-term holders accumulate
[May 28, 2024 11:22 AM] Inflows to crypto Bitcoin funds top $1 billion as BTC price remains stuck in a range below all-time highs.
ETH/BTC Bounces From A 7-Year Support Trend Line: Ethereum To $4,900?
[May 27, 2024 1:30 PM] After a crucial week for Ethereum, a technical candlestick arrangement shows that ETH prices could prepare for a sharp upturn in the coming weeks and months. Pointing out events in the monthly chart, one analyst notes that the ETH/BTC ratio…
Did MicroStrategy Mess Up By Choosing Bitcoin Over Ethereum? Analyst Weighs In
[May 24, 2024 3:30 PM] Earlier today, the United States Securities and Exchange Commission (SEC) approved 19b-4 fillings for eight spot Ethereum exchange-traded funds (ETFs), paving the way for the highly anticipated institutional adoption of the second most valuable…
Bitcoin Bulls Are Strong: Over 450,000 Addresses Bought 273,000 BTC At This Level
[May 22, 2024 12:00 PM] Bitcoin is cooling off after an impressive 25% spike from May 2024 lows. Even with this cool-off, some analysts are upbeat, predicting the coin will extend gains in future sessions. Bitcoin Finds Strong Support Between $70,180 and $70,600 In a post…
Bitcoin Analyst Says The BTC Leg Up Is Halfway: Next Stop $74,000?
[May 21, 2024 2:00 PM] Bitcoin is firm, recently trending above $71,200 and easing past local resistance levels, much to the delight of holders. However, the current leg up is just the beginning for Willy Woo, an on-chain analyst. Bitcoin Rally Getting Started: Analyst…
US Spot Bitcoin ETFs Maintain Momentum With Sixth Day of Positive Gains
[May 21, 2024 9:35 AM] According to the latest data, U.S. spot bitcoin exchange-traded funds (ETFs) have experienced positive inflows for six consecutive days. Over this period, the spot bitcoin ETFs attracted a total of $1.186 billion. Ark Invest’s ARKB Tops…
Grayscale CEO Michael Sonnenshein steps down
[May 20, 2024 7:23 AM] The CEO will be replaced by Goldman Sachs executive Peter Mintzberg effective Aug. 15.
10 US Spot Bitcoin ETFs Absorbed 548,556 BTC Worth $36 Billion in 128 Days
[May 19, 2024 9:43 AM] According to recent data, the ten spot bitcoin exchange-traded funds (ETFs), excluding Grayscale’s Bitcoin Trust (GBTC), acquired 548,556.62 BTC from the market over the last 128 days. This acquisition means the ten newly introduced spot…
Bitcoin Bulls “Warming Up” As Spot ETF Inflows Exceeds $1.3 Billion In 2 Weeks
[May 17, 2024 10:00 AM] Even after the upswing mid-this week, Bitcoin prices remain wavy, considering price action in lower time frames. The coin is retesting $66,000 at spot rates, but traders expect the breakout to have been confirmed, pushing BTC prices toward $70,000…
Decreasing Bitcoin Supply on Exchanges Indicating Possible Bullish Shift
[May 17, 2024 2:00 AM] Bitcoin’s supply on exchanges has significantly decreased, reaching new lows amid a bullish market trend, which analysts interpret as a shift towards long-term holding rather than short-term trading. A report by Bybit claimed that the…
Millennium Management and Morgan Stanley Report Significant Spot Bitcoin ETF Holdings
[May 16, 2024 9:33 AM] According to 13F filings with the U.S. Securities and Exchange Commission (SEC), Millennium Management, a highly successful hedge fund, holds nearly $2 billion in spot bitcoin exchange-traded fund (ETF) shares. This week, it was further revealed…
Vanguard CEO Salim Ramji Sticks to Firm’s Anti-Crypto Stance, No Plans for Bitcoin ETF
[May 15, 2024 10:30 PM] Salim Ramji, the new CEO of Vanguard and former head of Blackrock’s global ETF business, has affirmed the company’s position against launching a spot bitcoin exchange-traded fund (ETF), emphasizing the need for consistency with Vanguard’s…
Vanguard Appoints Crypto-Friendly Salim Ramji as CEO, Sparks Speculation on Bitcoin ETFs
[May 15, 2024 12:56 AM] Salim Ramji, a former executive at Blackrock renowned for his leadership in Ishares and Index Investments, and for overseeing the filing for Blackrock’s Ishares Bitcoin Trust, has been appointed the new CEO of Vanguard, signaling a potential…
Bitcoin: This Indicator Flashes Green For The First Time Since January 2024
[May 14, 2024 3:00 PM] According to the candlestick arrangement in the daily chart, Bitcoin is moving inside a range. BTC is also down roughly 20% from the all-time high at spot rates. Though the series of lower lows posted in the past few trading days is bearish, one…
Ethereum ETFs Face Uphill Battle With SEC: Analyst Foresees Possible Delay Until 2025
[May 12, 2024 6:12 PM] A senior Bloomberg ETF analyst predicts that spot ethereum exchange-traded funds (ETFs) in the U.S. are unlikely to emerge this year. Despite the Securities and Exchange Commission (SEC) approving spot bitcoin ETFs, the same is not expected for…
Grayscale Maintains Steady Revenue Despite Massive GBTC Outflows in Q1
[May 10, 2024 1:19 PM] Grayscale Investments maintained stable revenue in the first quarter despite substantial outflows from the Grayscale Bitcoin Trust (GBTC), its converted spot bitcoin exchange-traded fund (ETF). The firm reported $156 million in revenue, little…
Bitcoin Traders Closing More Positions As Prices Range Above $60,000
[May 9, 2024 1:00 PM] Bitcoin has been trending lower after failing to break above $66,000 in early May, deflating hopes of immediate price gains post-Halving. Taking to X, one analyst shared on-chain data that paints a more nuanced picture than a simple loss of…
New South Korean leadership will press for Bitcoin ETF trading
[May 7, 2024 12:01 PM] The Democratic Party of Korea promised to allow Bitcoin exchange-traded funds, and it expects to follow through — one way or another.
Former Bitmex Chief Expects Bitcoin to Trade Within $60K-$70K Range Until August
[May 4, 2024 7:33 PM] Former Bitmex CEO Arthur Hayes predicts bitcoin will range-bound trade between $60,000 and $70,000 until August. “The slow addition of billions of dollars of liquidity each month will dampen negative price movement from here on out,”…