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Category: Bitcoin
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Crypto investment products see first outflows of the year amid Bitcoin’s ‘very high trading volumes’
Crypto-related investment products experienced their first outflow for this year, totaling $21 million, according to CoinShares’ latest weekly report. The downturn coincided with an unprecedented surg...
New Bitcoin Share from BitMEX Former CEO Arthur Hayes! “The Fall in Bitcoin May Continue Until This Date!”
A new post came from BitMEX co-founder and former CEO Arthur Hayes, who made a name for himself with his statements about Bitcoin and the cryptocurrency market. At this point, the famous CEO, sharing ...
Bitcoin ETPs Dominate Trading Volume While Blockchain Equities See Another Week of Inflows: CoinShares
Digital assets manager CoinShares says institutions are delving into Bitcoin (BTC) exchange-traded products (ETPs) after the U.S. Securities and Exchange Commission (SEC) approved a spot BTC exchange-...
ProShares’ Bitcoin strategy ETF sees massive drop in trading activity
The cryptocurrency market is renowned for its volatility and the recent decline in the trading activity of ProShares Bitcoin Strategy ETF (BITO) is a testament to this. ProShares, once the beacon of t...
BitMEX Former Co-Founder Arthur Hayes Bets on Bitcoin Dropping Below $40K
– Advertisement – Arthur Hayes, former co-founder of BitMEX, predicts a further decline in Bitcoin, expecting it to fall below $40,000. Hayes has reportedly purchased put options with an e...
Bitcoin (BTC) Price to Drop Below $40,000, Predicts Arthur Hayes
Arthur Hayes, the co-founder of the BitMEX cryptocurrency exchange, has adopted a pessimistic view of Bitcoin, predicting a decline in its value below the $40,000 threshold. ` In response to this outl...
BitMEX Founder Arthur Hayes Predicts Bitcoin (BTC) Will Print New Leg Down – Here’s His Price Target
Arthur Hayes says he’s purchased a Bitcoin (BTC) put option with a $35,000 strike price that expires on March 29. The BitMEX founder says on the social media platform X that the flagship crypto is loo...
Bitcoin’s price drop and Grayscale outflows – Here’s what’s up
Outflows from Grayscale have been more than net inflows into other spot ETFs. The management fees charged by Grayscale were the highest among all ETF issuers. Bitcoin [BTC] dipped below $41,000 for th...
Experts Eye $120,000 Price Target for Bitcoin In 2024; Say Bull Market Could Rhyme with Past Trends ⋆ ZyCrypto
Advertisement     Bitcoin (BTC) faced another setback on Monday, displaying signs of a further decline despite optimistic expectations in recent months. Notably, hopes were high that t...
Will Bitcoin (BTC) Price Drop below $40k or Breakout above $45k?
Bitcoin (BTC) price is trading above $41,000 in the early trading hours of Jan. 22, after bulls swung in to avert a reversal below $40,000 with on-chain signals suggesting the sell-off is not over yet...
Let’s pour one out for the first-day spot bitcoin ETF investors
Those who bought shares in spot bitcoin ETFs earlier this month have suffered a frustrating feeling common among crypto investors — as soon as you buy bitcoin, the price goes down. Reddit thread afte...
Bitcoin faces the $40,000 test as GBTC drains reserves
The cryptocurrency stage is set for a thrilling showdown as Bitcoin, the digital currency pioneer, grapples with the critical $40,000 mark. Amidst this nail-biting scenario, the Grayscale Bitcoin Trus...
Analyst Foresees Bitcoin Downtrend Until GBTC Is Liquidated
Chris J Terry, a cryptocurrency analyst and enthusiast, has revealed his insights on the price action of Bitcoin, predicting a continuous decline in the price of the crypto asset. Analyst Says Bitcoin...
Grayscale sell over $2.14 billion worth of Bitcoin
In this article, we will explore a significant development in the cryptocurrency market: Grayscale Investments’ strategic decision to sell over $2.14 billion worth of Bitcoin. This move comes in the a...
FTX Sold About $1B of Grayscale’s Bitcoin ETF (GBTC): Sources
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Grayscale offloads further 13k BTC as revenues still way above competition
Data from Arkham Intelligence shows Grayscale has continued its daily Bitcoin outflows, which have occurred daily shortly before the U.S. market opened each day since its conversion to a spot Bitcoin ...
Bitcoin Dips Amid JPMorgan CEO’s Comments on Satoshi Nakamoto: Community Reacts
– Advertisement – JPMorgan CEO Jamie Dimon’s recent criticisms of Bitcoin have ignited discussions among Redditors, suggesting a potential strategy to lower Bitcoin’s value. Dimon’s remark...
Crypto Analyst Predicts Altcoin Boom While Bitcoin Dips: Good Time to Buy?
Bitcoin dipped after reaching its Jan 11th peak, causing analysts to predict a market cap rally soon. With Bitcoin consolidating, analyst van de Poppe expects altcoins to take the lead and outperform ...
Marathon Digital Buys BTC Mining Sites for $178.6M and BlockDAG Coin Debuts Miners
Marathon Digital has acquired new mining sites, adding to its diversified portfolio. The purchase of $178.6 million worth of mining sites in Nebraska and Texas has added 910 MW to the company’s capaci...
Crypto community speculates about Bitcoin transfer to Satoshi’s genesis block
Why send 26.9 Bitcoin to Satoshi Nakamoto’s inactive wallet? Cointelegraph gathered the most outlandish theories and asked crypto industry leaders for their craziest hypotheses. For a crypto advocate,...
Grayscale Bitcoin Sales May Keep BTC Movement Limited Until Completion!
– Advertisement – The world’s largest cryptocurrency, Bitcoin (BTC), continues to face strong selling pressure from Grayscale after the sale of GBTC shares. Analysts emphasize the intercon...
These Altcoins Could Pump as Bitcoin Dominance Falls: $LINK, $SOL, $TIA, $MATIC, $GFOX
The post These Altcoins Could Pump as Bitcoin Dominance Falls: $LINK, $SOL, $TIA, $MATIC, $GFOX appeared first on Coinpedia Fintech News Bitcoin Dominance is a popular metric that measures how Bitcoin...
Arthur Hayes Talks about BTC and SPX Post U.S. BTC ETF Launch
Arthur Hayes, the co-founder of BitMEX, recently sparked a discussion with his tweet dated January 22, 2024, questioning why Bitcoin (BTC) and the S&P 500 Index (SPX) have stopped moving in tandem...
The most expensive bitcoin fund might be MSTR, not GBTC
For years, the flagship Grayscale Bitcoin Trust (GBTC) has been the world’s largest publicly traded bitcoin fund. Grayscale charged shareholders 2% every year to manage up to $30 billion worth of bitc...
Near future of Bitcoin after ETF approval
It was a historic moment when the US Securities and Exchange Commission approved 11 applications for the Bitcoin ETF. The community sang praises for estimates that the token will now inch closer to it...
Bitcoin ETFs Sliding Away From The Ideals Of Crypto – Blockchain Executives
Billions of dollars have flowed into the United States spot Bitcoin ETFs, but some crypto executives say the instruments come as a departure from crypto ideals. Money flowed into ETFs in the first wee...
Bitcoin Falls Below $41,000 Level as Bears Continue Domination
At the time of writing, Bitcoin is trading at $40,812, down 2.13% in the last 24 hours. If the price manages to go below $40,340 level then it will likely test $37,690 support level. Crypto Quant repo...
May 2024 Could Be Best Opportunity for Bitcoin (BTC) Bulls, According to Top Analyst
An analyst who accurately called the market top in 2021 says that May of this year could be one of the last great opportunities for investors bullish on Bitcoin (BTC). The pseudonymous analyst known a...
Bitcoin Crashes When It Reaches The Psychological Threshold Of $40,000
Jan 22, 2024 at 11:26 // Price The price of Bitcoin (BTC) has fallen below the moving average lines but remains above $40,500. Bitcoin price long term forecast: bearish On January 16, Bitcoin correcte...
Bitcoin BTC Price Prediction: Experts Debate Bitcoin $150k Potential Amid ETF Surge & Dollar Threat
Bitcoin experienced a drop this week to around $41,000, continuing its recent bearish momentum amid both positive and concerning developments. While interest in Bitcoin ETFs has exploded with over $4 ...
Bitcoin Nears $40K: Analyzing the Recent Price Decline and Upcoming Halving Event
– Advertisement – Bitcoin’s price witnesses a significant decline, approaching the crucial $40K mark. The underwhelming launch of the spot Bitcoin ETF and overheated crypto markets contrib...