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Bitcoin crossing $50k opens the space for $60k before summer


Bitcoin last danced below $50,000 on February 14, 2024, and has since then experienced a new height. BTC has maintained the jump above $50,000 conveniently, now opening up to speculation that it could soon surpass the milestone of $60,000 by summer, that is, June. Analysts said that Bitcoin...

Bitcoin Price to Hit $100k by June 2024, Predicts Rich Dad Poor Dad Author


Robert Kiyosaki, author of the best-selling financial book “Rich Dad Poor Dad,” has once again made a bullish case for bitcoin price. On Sunday, he took to X (formerly Twitter) to declare, “BITCOIN to $100k by June 2024.” This bullish forecast further cements his position...

Bitcoin ETFs Gobble Another $477 Million Despite Rising GBTC Sales


Bitcoin spot ETFs in the United States absorbed another $477 million in net flows on Thursday, maintaining record growth despite a revival of outflows from the Grayscale Bitcoin Trust (GBTC). Data compiled from BitMEX Research shows that Bitcoin ETFs have absorbed over $400 million of flows...

Jupiter’s Compliance Team Blocks Crypto ETP Investment: Report


Jupiter Asset Management’s compliance team blocked its team from having any exposure to a cryptocurrency exchange-traded product (ETP) in one of its Irish UCITs funds, according to a Financial Times report. The reason for blocking investment was due to, “divergent regulatory approaches in the EU.”...

VanEck Slashes Bitcoin ETF Fees Down to 0.20% in Competitive Market


VanEck has slashed its fees for the HODL exchange-traded fund (ETF), the VanEck Bitcoin Trust down to 0.20% from 0.25% according to a recent filing submitted to the Securities and Exchange Commission. Nearly a dozen Bitcoin ETFs are competing for investor attention in a saturated market. BlackRock...

Bitcoin Price Holds Above $52,000 As Pre-Halving Rally Intensifies


Bitcoin’s recent price surge past $52,000 has sparked speculation about a pre-halving rally, a historical trend associated with the upcoming reduction in mining rewards. Analyst Jag Kooner, Head of Derivatives at Bitfinex, believes the current market movement aligns with such a rally...

Bitcoin Price Prediction as BTC Pumps 20% in 7 Days – Time to Buy Bitcoin?


Bitcoin Price Prediction In a week marked by a 20% surge in Bitcoin’s price, BTC currently trades around $52,000, demonstrating modest growth and maintaining its position as the market leader with a valuation exceeding $1 trillion. This period of slight growth amidst a volume of $37.66...

Bitcoin ETFs May Hurt Coinbase’s Bottom Line In 2024: Analyst


Senior Researcher at Leverage Shares, Sandeep Rao, believes that Coinbase’s dominant market position as “the dominant venue for all things crypto” faces a new challenge. In a recent interview with Cryptonews, Rao warned that the company’s medium-to-long-term performance could suffer...

Bitwise Bitcoin ETF transitions to native SegWit


Bitwise took to X to share the news that it is transitioning its Bitcoin address from P2PKH to native SegWit P2WPKH. The aim is to adopt new technology and offer an enhanced experience to investors and the entire crypto sphere. The most has been defined as power play, for it reduces the cost...

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