Jim Bianco has raised concerns over the potential for a new kind of volatility in the bitcoin market, spurred by the dominance of speculative traders in the recently approved spot bitcoin ETFs. This d...
Category: Bitcoin
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Bitcoin, Ethereum lead crypto in $145m liquidation day
Bitcoin and Ethereum led cryptocurrencies in liquidations as over 54,000 traders saw leveraged positions wiped out, and the total market cap neared $2.1 trillion. CoinGlass reported that over $145 mi...
Bitcoin’s correlation with Wall Street rises: Good news or bad?
Journalist Posted: February 20, 2024 Bitcoin outperformed traditional U.S. stocks in 2024. The higher correlation has affected Bitcoin’s safe haven narrative. The crypto market and traditional financ...
Investors in Collapsed Ponzi Scheme Resist Liquidator’s Attempts to Force Repayment at Current BTC Prices
Investors in the bitcoin Ponzi scheme Mirror Trading International are reportedly resisting liquidators’ attempts to have them repay digital assets withdrawn before it collapsed. According to the inve...
BlackRock Premieres Bitcoin ETF Ad: IBIT’s Growing Dominance
Investment firm giant BlackRock has released a new advertisement for its iShares Bitcoin ETF product. The ad is clearly aimed at older, more traditional investors who want to invest in Bitcoin without...
JASMY up +36.86%, BTC -0.42%, Arweave is The Coin of The Day – Daily Market Update for Feb 20, 2024 | CoinCodex
Key highlights: The total cryptocurrency market cap decreased from $ 1.99T to $ 1.98T in the past 24 hours, representing a -0.50% change The Bitcoin price at press time is $ 51,906 after falling by -0...
BlackRock’s Bold Bet: Spot Bitcoin ETF Branded as Progress in Financial Evolution
– Advertisement – SPONSORED BlackRock has officially embraced Bitcoin, marking a significant step in the cryptocurrency’s institutional adoption. The firm’s latest ad campaign for its spot...
Can Ethereum Narrow the Gap as BTC/ETH Hits 2-Year Highs?
Even as Ethereum does well and traders expect good things, the value of Bitcoin compared to Ethereum is still 18 times, which is the highest in two years. The lasting power of Bitcoin compared to Ethe...
Bitcoin ETFs Attract Record $2.4 Billion Amid Crypto Investment Surge
– Advertisement – SPONSORED Last week marked a significant leap in cryptocurrency investments, focusing on Bitcoin ETFs with a record $2.4 billion inflow. CoinShares reports this historic ...
Bitcoin Price Eyes $58,000 in Pre-Halving Surge, Says Top Analyst
Cover image via www.freepik.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is i...
The Impact of Bitcoin Halving on Long-term Investment Strategies
In the vibrant world of cryptocurrency, the event known as ‘Bitcoin halving‘ often stirs a mix of speculation and strategy among investors. While some market participants fixate on the short-term impl...
Bitcoin drives record $2.4b weekly digital asset investment inflows
Bitcoin was a pacesetter as the U.S. dominated inflows to crypto-based products between Feb. 12 and Feb. 16, with 2024 YTD numbers hitting $5.2 billion. Digital asset investment vehicles took in $2.4 ...
Can Ethereum Catch Up with Bitcoin? ETH Analysis with Current Data!
– Advertisement – SPONSORED While Ethereum succeeds and traders anticipate positive developments, Bitcoin’s value relative to Ethereum is still 18 times, marking a two-year high. Ethereum’...
Bitcoin ETF inflows surge, threatening gold’s reign as store-of-value
Bitcoin ETF inflows surge, threatening gold’s dominance. Divergence in fund flows: Bitcoin gains, gold loses. Bitcoin acts as a ‘risk-on’ investment and a safe-haven asset. In a seismic shift within t...
Bitcoin Price Might Reach $100k In June 2024
Rich Dad Poor Dad book’s author, Robert Kiyosaki, believes in Bitcoin and has predicted that Bitcoin might reach $100K within the next four months. As Bitcoin has reached the $52k mark, people are wai...
BlackRock takes a mature approach in Bitcoin ETF marketing amid industry competition
BlackRock, the world’s largest asset manager, has taken a mature and measured approach in promoting its new spot Bitcoin exchange-traded fund (ETF). Unlike competitors who have opted for flashy advert...
Bitcoin at the Forefront as Digital Asset Inflows Reach Record $2.45 Billion
In an astonishing week for digital asset investment, the latest report from CoinShares reveals that inflows into digital asset investment products have shattered previous records, amassing a staggerin...
FixedFloat Exploited $26M In Bitcoin (BTC) And Ethereum (ETH)
FixedFloat decentralized exchange fell victim to a hack, losing at least $26 million worth of Bitcoin (BTC) and Ethereum (ETH). The attack was initially reported on X, and saw FixedFloat attribute ma...
Altcoins Poised for Growth Amidst Bitcoin's Dominance in 2024
Despite Bitcoin’s dominance marking a significant milestone with a market cap surpassing $1 trillion, the altcoins are not left in the shadows. An event that signals Bitcoin’s established ...
Edward Snowden calls Bitcoin ‘most significant’ in this area
Journalist Posted: February 20, 2024 Edward Snowden, the renowned former National Security Agency contractor, expressed his support for Bitcoin [BTC] on the 18th of February. Notably, he called the ki...
Bitcoin Roadmap To $150,000: Why A 40% Correction Is Expected
The Bitcoin price surged above $50,000 and mounted a sustained rally to $53,000 before retracing back downward, something that has taken the market by surprise. However, with expectations waxing stron...
Will Bitcoin Price Continue Its Rise in the Coming Weeks? Latest Report!
– Advertisement – SPONSORED A Bloomberg report suggests that if Bitcoin’s current trend continues, the prices of the oldest cryptocurrency could significantly increase in the coming weeks....
Michael Saylor Highlights Bitcoin’s 333% Surge Since 2020
Michael Saylor, the former CEO of MicroStrategy and a prominent figure in the cryptocurrency world, has brought attention to Bitcoin’s significant performance advantage over gold since 2020. Michael S...
Finance Expert Predicts Bitcoin Will Touch $100,000 Soon, Here’s When
Renowned finance author Robert Kiyosaki has once again made a bullish price prediction for the flagship cryptocurrency, Bitcoin. This time, he predicts that Bitcoin will hit $100,000 and mentions when...
Bitcoin and Shiba Inu Have Crucial Similarity, And It Will Surprise You
Cover image via www.freepik.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is i...
Record Inflows in Bitcoin and Ethereum Funds: CoinShares’ New Report!
– Advertisement – SPONSORED The latest report from CoinShares reveals record weekly inflows of $2.45 billion into Bitcoin and Ethereum products. Weekly inflows into digital asset investmen...
Goldman Sachs Reveals S&P 500 Forecast: Will Bitcoin Continue to Rise?
Goldman Sachs expects the S&P 500 index to rise to 5,200. Surpassing 5,000, the S&P 500 enhances the positive outlook in the stock market. The correlation between Bitcoin and the U.S. stock ma...
Total BTC Accumulation Tops $13.9B
Within the last few weeks since spot Bitcoin ETF launched, eight of the ten filers who received approval from the United States Securities and Exchange Commission (SEC) have accumulated up to 268,149 ...
Edward Snowden Calls Bitcoin ‘Most Significant Monetary Advance Since the Creation of Coinage’
Edward Snowden, a privacy advocate and former National Security Agency (NSA) contractor and whistleblower, says bitcoin “is the most significant monetary advance since the creation of coinage.” He vie...
Current State of the Spot Bitcoin ETF Market: BTC Purchases Exceed $13 Billion!
– Advertisement – SPONSORED Eight out of ten issuers approved by the United States Securities and Exchange Commission (SEC) have collectively accumulated 268,149 BTC. The estimated value o...
Price analysis 2/19: SPX, DXY, BTC, ETH, BNB, SOL, XRP, ADA, AVAX, DOGE
Bitcoin price struggles to find support at the $52,000 level, but the next phase of consolidation could be beneficial to altcoins. The S&P 500 Index (SPX) snapped its five-week winning streak and ...
Top wirehouses will become involved with spot Bitcoin ETFs, Galaxy executive says
A representative from Galaxy has predicted that spot Bitcoin ETFs will gain further adoption in the coming months, as reported by FOX Business on Feb. 19. Steve Kurz, global head of Galaxy Asset Manag...