Spot Bitcoin exchange-traded funds (ETFs) in the US registered $1.3 billion in inflows over the past two weeks, shared Bloomberg ETF analyst Eric Balchunas on X. This was enough to recover completely from April’s net outflows of over $343 million. The Bitcoin ETFs traded in the US now hold more than $12.3 billion under management, […]
Bitcoin Is Booming, Hits Highest Price Since the Halving
The price of Bitcoin has surged to its highest since the much-talked about halving event on April 19, touching a recent high of $67,422 on Friday before dipping again. CoinGecko data shows that the biggest digital asset is up by nearly 3% in the past day. Over seven days, the coin has risen by more […]
Bitcoin Transforms From Fringe Asset To Presidential Talking Point
(Full disclosure: I’m helping build Coinbits.app, a bitcoin banking platform.) In the ever-evolving landscape of political campaigns, where traditional issues like foreign policy and the culture wars have dominated, a new player has emerged with striking force: Bitcoin Bitcoin . This shift is not merely a blip on the political radar but a significant evolution […]
Bitcoin Price Hits $67,000 – Legendary Analyst il Capo Explains What To Expect Next
After a break, the Bitcoin price exceeded the $ 67,000 limit again and is trading at $ 67,091 at the time of writing. Il Capo of Crypto, one of the most well-known analysts of the cryptocurrency market, presented his new comments after the additional rise experienced today. The analyst, who said in his statement yesterday […]
Bitcoin Rises Above $67K, but Lags Broader Crypto Market as ETH, SOL, LINK Post Big Gains
The price of bitcoin (BTC) has nudged above the $67,000 level for the first time in nearly one month as animal spirits in cryptocurrencies return following eight weeks of sideways-to-lower action. At press time, bitcoin was trading at $67,250, up 2.8% over the past 24 hours and about 10% from its lowest levels on Monday. […]
Michael Saylor Reacts as BTC Price Successfully Reclaims $66,000
As Bitcoin’s value hovers above $66,000, a noteworthy tweet from MicroStrategy chairman Michael Saylor, a prominent figure in the cryptocurrency industry, has sparked interest. His tweet, “Get the Message,” comes at a time when the market is observing Bitcoin’s performance with keen interest. Get the Message. #Bitcoin pic.twitter.com/MnX7vd9eWN — Michael Saylor⚡️ (@saylor) May 17, 2024 […]
Bitcoin ETFs compensate April outflows, analyst predicts long-term returns
Spot Bitcoin ETFs offset April losses in the first two weeks of May. Eric Balchunas, Senior ETF Analyst for Bloomberg, noted that Bitcoin ETFs have already seen $1.3 billion in inflows in May, offsetting all of the negative inflows in April for a total inflow of $12.3 billion since launch. The bitcoin ETFs have put […]
Dan Tapiero Names Top Catalyst to Drive Bitcoin (BTC) Growth
Bitcoin (BTC) might benefit from China in a rare move from a market with a deep stake in real estate. While trailing behind the United States in capital for market liquidity, China is still an important region that can influence market recovery. Dan Tapiero sentiment Dan Tapiero, the founder and CEO of 10T Holdings, teased […]
$1.5T Morgan Stanley is Buying US Spot Bitcoin ETF
Recent 13F SEC filings have revealed several major US financial institutions are allocating serious money to Bitcoin via spot ETFs, with these filings disclosing the holdings of institutional investors with over $100 million allocated. After the SEC approved several spot Bitcoin ETFs earlier this year, investors have eagerly awaited these disclosures. The filings reveal names […]
Bitcoin Pushes Above $66K, is a New All-Time High in Sight? (BTC Price Analysis)
Bitcoin’s price is finally gaining some bullish momentum following almost two months of correction. It seems that the bulls are looking to paint a new record high in the coming weeks, but will they make it? Technical Analysis By TradingRage The Daily Chart Bitcoin’s daily price action has been showing an apparent corrective behavior. The […]