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Blackrock Closes in on Grayscale in the Battle for the ‘World’s Largest’ Bitcoin ETF
17.4.2024
U.S. spot bitcoin exchange-traded funds (ETFs) experienced three consecutive days of net outflows, with a loss of $58 million on Tuesday. Leading the outflow for the day was Grayscale’s GBTC. After Another Day of Outflow, IBIT Nears GBTC as Potential Leader in Spot Bitcoin ETF Market...
Bitcoin Price Prediction: Anticipating $150K Post-Halving Amid Market Corrections
17.4.2024
Amidst a volatile market, Bitcoin's price hovers at $61,577, with Bernstein projecting a surge to $150K post-halving, reflecting robust future growth.
The post Bitcoin Price Prediction: Anticipating $150K Post-Halving Amid Market Corrections appeared first on Cryptonews
Crypto Investors are Moving Funds into This Virtual Reality Project Before it Lists on Exchanges – What Does it Do?
17.4.2024
As cryptocurrency markets dip amid growing macro headwinds and as sentiment wanes amid slowing spot Bitcoin ETF inflows, crypto investors are moving funds into an exciting new virtual reality project called 5thScape (5SCAPE) ahead before it lists on exchanges.
The post Crypto Investors are Moving...
The Protocol: Bitcoin Halving Spectacular, With Runes, 'Epic Sat,' Stacks Nakamoto
17.4.2024
Unlike the last Bitcoin halving, a ho-hum affair where Covid-locked-down gawkers had little choice but to tune into livestreamed watch parties, the upcoming Bitcoin halving comes with project launches, competitions and IRL celebrations in Denver and Costa Rica
What Is Bitcoin Meant to Hedge?
17.4.2024
The cryptocurrency underperformed this week as an economic safe haven. But bitcoiners are taking a longer term view
BTC Bears Eye Break Below $60,000 as ETF Flows Slow, Macro Headwinds Grow – Here’s Where the Bitcoin Price is Headed Next
17.4.2024
Bitcoin (BTC) bears are eyeing a break below the key psychological $60,000 level, with ETF flows having slowed this week, and macro headwinds continuing to pile up, with some predicting that the Bitcoin price could be headed towards $50,000 next.
The post BTC Bears Eye Break Below $60,000 as...
27% of Ethereum Now Staked: $98 Billion Committed as Interest Peaks
17.4.2024
Recent data reveals that over 27% of all ether, amounting to 32,472,720 ethereum, is currently staked, as interest in this activity has heightened significantly within the past year. Liquid staking derivative (LSD) protocols have locked in more than $40 billion, with Lido Finance holding $28.77...
Bitcoin Miners Are Set for a Coiled Spring Rally
17.4.2024
Miners face uncertain times as the halving changes Bitcoin’s economics. Which groups are best positioned for the future? Dan Weiskopf, at Tidal Financial Group, gives a run-down
Hong Kong Bitcoin ETFs Likely Not Available for Mainland Chinese Investors: Bloomberg
17.4.2024
Investors in mainland China won’t likely be allowed to buy into the newly approved Hong Kong-listed spot bitcoin ETFs, analysts at Bloomberg Intelligence reported, weakening excitement over the funds even further
Bitcoin Tumbles Below $60K, Ether Under $3K; Correction Not Over, Says Strategist
17.4.2024
Large bitcoin investors haven't started to buy the dip yet, suggesting that the correction may continue for a while, an LMAX Group strategist noted
Bitcoin miners troubled by fresh legislation in Norway
17.4.2024
Bitcoin miners in Norway are seemingly extremely troubled by the fresh set of legislations being passed, which will come with more stringent rules about the data centers that are running their businesses in the country. As per the legislation, it is now mandatory to formally register all data...
Crypto Market Continues to Slide — QCP Capital Reports Increasing Market Anxiety
17.4.2024
The cryptocurrency market contracted by nearly 2% on Wednesday, descending to a total value of $2.23 trillion. Bitcoin reached a daily low of $60,760 per unit, while ether declined to $2,944 per coin. Cryptocurrency Market Loses More Than $400 Billion in a Week Amidst Severe Volatility Since...
Ordinals Explorer Ord.io Nets $2M in Pre-Seed Round to Pioneer Next-Gen Bitcoin Services
17.4.2024
On Wednesday, Ord.io, the Ordinals explorer, announced a $2 million pre-seed funding achievement to pioneer the expansion of Runes. Leonidas, the founder of Ord.io, stated that the startup is strategically positioning itself to “serve the next generation of bitcoiners.” Ordinals...
Ethereum Classic (ETC) & Dogecoin (DOGE) advocates leverage Kelexo (KLXO) P2P lending, expecting a 25x surge with Bitcoin (BTC) halving on the horizon
17.4.2024
Investors are lining up their portfolios to match the advent of Bitcoin’s (BTC) halving. As such, Ethereum Classic (ETC) and Dogecoin (DOGE) rallies are met with price corrections, along with the general market. Despite these, trading volumes and market cap are still high. At this junction...
Why Bitcoin's 'Monetary Maximalists' Oppose 'JPEG Enjoyers' (and Why They're Wrong)
17.4.2024
Asset Manager Bitwise Says Market Underestimates Long-Term Impact of Halving
17.4.2024
Bitwise Asset Management has issued a word of caution ahead of Bitcoin's highly anticipated halving, which is set to occur on April 20.
The post Asset Manager Bitwise Says Market Underestimates Long-Term Impact of Halving appeared first on Cryptonews
Koala Coin (KLC) reinventing crypto outlook as market leaders Bitcoin (BTC) and BNB face instability
17.4.2024
As investors navigate the rollercoaster of crypto volatility, the presale of Koala Coin emerges as a beacon of opportunity. Currently in stage one at a tempting price of $0.014, Koala Coin (KLC) stirs a sense of urgency and FOMO, promising an innovative leap amidst the fluctuating fortunes...
First Mover Americas: BTC Post-Halving – Remember the Macroeconomy: Goldman Sachs
17.4.2024
The latest price moves in bitcoin (BTC) and crypto markets in context for April 17, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Bitcoin’s Outperformance Means Some of Expected Post-Halving Rally May Have Come Early: JPMorgan
17.4.2024
Recent weakness in bitcoin mining stocks ahead of the reward halving offers an attractive entry point for investors, the report said
Bitcoin Technical Analysis: Key Indicators Signal Bearish Outlook
17.4.2024
As bitcoin’s price action shows signs of continued bearishness, the digital currency’s trading volume and market capitalization suggest a volatile but keenly watched market. Bitcoin Bitcoin’s (BTC) current trading price of $62,891 to $63,075 per unit underscores a market...