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Glassnode warns traders of Bitcoin halving
26.3.2024
Bitcoin is undergoing its long-awaited halving, which is expected to incite favorable sentiment in the current market. As a prominent provider of crypto intelligence, Galssnode recommended that traders and analysts be motivated to profit from this impending uptrend. By interpreting shifting trends...
PlanB tables its prediction for Bitcoin in March 2024
26.3.2024
Bitcoin was trading at around $71,000 at the time of writing this article. There is speculation that the token may navigate all the way to $85,000 or $92,000 by the end of this month. There is an expectation that there will be a significant dip before BTC can take such a huge jump. PlanB,...
Bitcoin surges past $70k again, fueled by demand and inflows
26.3.2024
Bitcoin is back on the bull, with its value having surpassed the milestone of $70,000 for the second time in 2024. The most recent was bagged on Monday with an increase of 7.1% when the markets closed. That took BTC to $70,816. Interestingly, the dominating crypto token has sustained the high...
Spot Bitcoin Exchange-Traded Funds See Net Inflow Following Five Days of Outflows
26.3.2024
Spot Bitcoin exchange-traded funds (ETFs) experienced net inflows yesterday, breaking a streak of five consecutive days of outflows.
The post Spot Bitcoin Exchange-Traded Funds See Net Inflow Following Five Days of Outflows appeared first on Cryptonews
London Stock Exchange to Roll Out Crypto ETNs on May 28
26.3.2024
London Stock Exchange signalled that it would start accepting applications for physically-backed crypto ETNs from April 8.
The post London Stock Exchange to Roll Out Crypto ETNs on May 28 appeared first on Cryptonews
Asset Managers Continue to Embrace Bitcoin as Key Portfolio Diversification Tool: QCP
26.3.2024
Recognizing the potential benefits of Bitcoin's role as a portfolio diversifier, asset managers have been actively increasing their Bitcoin allocations.
The post Asset Managers Continue to Embrace Bitcoin as Key Portfolio Diversification Tool: QCP appeared first on Cryptonews
What are the unrevealed facts about Bitcoin?
26.3.2024
Over the last week, Bitcoin has increased by 8.34%, marking a surge of 50% in the last month and a staggering 50% growth in the last year, as per CoinMarketCap. It has surpassed its previous ATH levels, rising by almost more than 4.5% in the last 24 hours, at the time while writing this article....
Bitcoin Price Maintains $70,500 as GBTC Net Outflows Exceed $14.1 Billion
26.3.2024
The price of Bitcoin has maintained a level around $70,500 despite recent outflows from spot ETFs led by Grayscale's GBTC.
The post Bitcoin Price Maintains $70,500 as GBTC Net Outflows Exceed $14.1 Billion appeared first on Cryptonews
South American Gold Miner Nilam Resources Plans to Buy 24,800 Bitcoin
26.3.2024
Nilam Resources enters a letter of intent with Xyberdata to acquire MindWave, securing 24,800 Bitcoin and expanding its digital assets holdings to issue a new stock.
The post South American Gold Miner Nilam Resources Plans to Buy 24,800 Bitcoin appeared first on Cryptonews
Bitcoin Price Prediction Hits $70,550 Amid ETF Speculation & LSE’s Crypto Move
26.3.2024
Bitcoin's ascent to $70,550 amid ETF buzz and LSE's pioneering ETNs signals a bullish horizon, igniting fervent price predictions and investor interest.
The post Bitcoin Price Prediction Hits $70,550 Amid ETF Speculation & LSE’s Crypto Move appeared first on Cryptonews
Robert Kiyosaki Recommends Buying One-Tenth Of A Bitcoin, Backs Michael Saylor
25.3.2024
Famed 'Rich Dad Poor Dad' author Robert Kiyosaki doubles down on Bitcoin, plans to buy more ahead of April's halving event. He anticipates a price surge to $100K by September, driven by dollar weakness.
The post Robert Kiyosaki Recommends Buying One-Tenth Of A Bitcoin, Backs Michael Saylor...
Arkham Intelligence Predicts Grayscale’s GBTC to Run Out of Bitcoin in 96 Days
25.3.2024
At the start of the year, Grayscale possessed 618.28K BTC for their Bitcoin Trust GBTC. They now hold only 356.44K BTC.
The post Arkham Intelligence Predicts Grayscale’s GBTC to Run Out of Bitcoin in 96 Days appeared first on Cryptonews
Bitcoin set for worst week as JP Morgan predicts further fall in price as ETF demand falls
22.3.2024
Bitcoin has retraced over 10% of it’s all-time high on March 14. This has direct consequences, as the appetite for spot Bitcoin exchange-traded funds (ETF) has gone down. JP Morgan Chase and Co. analysts have also warned that the retreat might continue to fall with a phenomenal price decline...
Crypto market update: Risk assessment, Bitcoin trend, and fed impact
22.3.2024
The past few months have witnessed the crypto market go on a dynamic journey. Now that the market is catching breath, analysts are surfacing with their takes on navigating the industry. Benjamin Cowen from IntoTheCryptoverse is one such analyst who shared keen insights into the BTC market. Cowen...
Bitcoin may expand for 18 months after halving, says Benchmark Senior Analyst
22.3.2024
As it approaches its fourth halving, Bitcoin, the largest cryptocurrency since its inception in 2009, has been in the news, causing price fluctuations in the cryptocurrency trading industry. The price experienced a 6.86% decline to 62,974.30 USD on March 19, representing a reduction of 6.86% from...
JPMorgan Warns of Further Bitcoin Decline Despite Recent Correction
22.3.2024
Bitcoin has experienced a pullback of over 10% from its all-time high, with the demand for spot Bitcoin exchange-traded funds (ETFs) showing signs of moderation.
The post JPMorgan Warns of Further Bitcoin Decline Despite Recent Correction appeared first on Cryptonews
Bitcoin slows down after massive surge as analysts eye rebound
22.3.2024
The year has been a rollercoaster ride for Bitcoin and the crypto market. The biggest crypto ended its long slump in the past few months, even crossing the 70,000-dollar mark. However, the massive surge cooled off after BTC hit its all-time high of 73,800 dollars. Now, the crypto is hovering around...
Investors Take Profit After Bitcoin Rally, Bull Cycle is Far From Over: CryptoQuant
22.3.2024
The Bitcoin bull cycle is still far from over with many large Bitcoin investors selling the market is entering a period of price correction, according to on-chain analytics platform CryptoQuant.
The post Investors Take Profit After Bitcoin Rally, Bull Cycle is Far From Over: CryptoQuant appeared...
Spot Bitcoin ETFs See Fourth Consecutive Day of Net Outflows, GBTC Bleeds $358M
22.3.2024
The Grayscale Bitcoin Trust's (GBTC) exchange-traded fund (ETF) experienced another day of significant outflows, with nearly $359 million exiting the fund on March 21.
The post Spot Bitcoin ETFs See Fourth Consecutive Day of Net Outflows, GBTC Bleeds $358M appeared first on Cryptonews
Bitcoin advancements in AI and machine learning
22.3.2024
Bitcoin is at the forefront of the ever-changing cryptocurrency ecosystem, as technological developments in AI and Machine Learning continue to influence it. In this article, we will explore the recent Bitcoin advancements in artificial intelligence and machine learning and how they have affected...