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Bitcoin Price Prediction: Dips to $43,000 as CBOE Pulls ETF Amid Economic Shift
31.1.2024
In the dynamic world of cryptocurrencies, Bitcoin’s price approaches the $43,000 threshold, marking a decline of over 1.25% on Wednesday. This adjustment in price occurs against the backdrop of significant market and regulatory news. The CBOE Exchange has retracted its application for...
Bitcoin and Ethereum Price Prediction as BTC Spikes Up 10% and ETH Approaches $2,500 – Time to Buy?
31.1.2024
  Bitcoin and Ethereum price predictions Amidst a rally that has seen Bitcoin (BTC) spike over 10%, crossing the $43,000 threshold, and Ethereum (ETH) approach the $2,500 mark, the crypto market is riding a wave of bullish momentum. This surge sparks an intense focus on Bitcoin and Ethereum...
Bitcoin ETFs Net $255 Million Daily Inflows As Grayscale Sell-off Cools
30.1.2024
U.S. Bitcoin ETFs met a tsunami of inflows on Monday as Bitcoin (BTC)’s price came roaring back above $43,000. The asset absorbed $255 million of net flows across all ten publicly traded spot ETFs that launched on January 11. That even factors in the Grayscale Bitcoin Trust (GBTC) – the oldest...
Bitcoin Heads Towards Fifth Consecutive Monthly Gain, Longest Winning Streak Since Pandemic
30.1.2024
Bitcoin is poised to achieve its fifth consecutive monthly gain, marking its longest winning streak since the pandemic-induced rally fueled by accommodative monetary policies. In January, Bitcoin (BTC) experienced notable price swings, driven by the introduction of the first US spot Bitcoin...
Portal Raises $34 Million to Develop Decentralized Bitcoin Cross-Chain Swaps
30.1.2024
Fintech provider Portal has raised $34 million in seed funding to develop its Bitcoin-based decentralized exchange (DEX) which will aid cross-chain swaps between multiple networks. In a Jan 30 announcement, the company disclosed an exit from stealth mode and an inflow of $34 million to build...
Invesco Galaxy slashes Bitcoin ETF fees
30.1.2024
Invesco Galaxy has lessened its Bitcoin ETF fee under the moniker BTCO and is awaiting six months of earning its initial $5 billion in the form of assets, whichever comes first. The present rating of the fee is 0.25%, similar to BlackRock, Valkyrie, VanEck, and Fidelity. It has been lowered from...
London Trial Sheds Light on Alleged Bitcoin Laundering in £5 Billion Fraud Case
30.1.2024
In a trial unfolding at London’s Southwark Crown Court, prosecutors have revealed details of an alleged Bitcoin (BTC) laundering scheme connected to a £5 billion ($6.3 billion) fraud case originating from China. The trial centers around Wen Jian, a woman accused of converting Bitcoin into...
Bitcoin booms: $220k by year-end? Analysts divided
30.1.2024
Bitcoin is currently up by 2.90% in the last 24 hours, trading at $43,377.62 while the article is being drafted. The jump has sparked interest and optimism among crypto enthusiasts. Most of the analysts have come forward to say that more ups are on the way, quoting the possibility of a new...
SEC Charges Two Masterminds Behind $1.9 Billion HyperFund Crypto Ponzi Scheme
30.1.2024
The US Securities and Exchange Commission (SEC) has charged two masterminds behind the $1.9 billion crypto fraud investment scheme HyperFund. The regulator has indicted Australian blockchain entrepreneur Sam Lee and HyperFund promoter Brenda Chunga for their involvement in the Ponzi scheme....
Bitcoin Price Prediction Surges to $43,500 Amidst New ETF Launches and Fidelity Gains
30.1.2024
In the dynamic world of cryptocurrency, the latest Bitcoin price prediction sees the digital asset making a notable surge, reaching $43,500 with an increase of approximately 2.75% on Tuesday. This uptick in Bitcoin’s value comes amidst a flurry of activity in the exchange-traded fund (ETF)...
GBTC Outflows Topped $2.2 Billion Last Week, Outweighing All Spot Bitcoin ETF Gains: CoinShares
29.1.2024
Newly released data reported by CoinShares reveals Grayscale’s spot bitcoin ETF (GBTC) saw over $2.2 billion in outflows last week, greatly outweighing the total weekly inflows of its competitors. ETF Outflows are Finally Subsiding According to CoinShares’ report, newly issued spot bitcoin ETFs...
Bitcoin Price Pumps Above $43,000 as BTC Bulls Regain Control – Here’s What to Watch This Week
29.1.2024
The Bitcoin price pumped back to the north of the $43,000 level for the first time in two weeks on Monday as the BTC bulls regained control, with sentiment strengthening due to easing concerns about Grayscale sell pressure, and as new bullish bets come in. Grayscale’s GBTC has been hit by heavy...
Bitcoin and Ethereum Price Prediction as BTC Surpasses $42,000 Resistance and ETH Turns Red
29.1.2024
In the dynamic world of cryptocurrencies, Bitcoin and Ethereum continue to be the key players with their recent price movements catching the attention of investors. Bitcoin, the trailblazer of the crypto market, has recently rebounded, breaking through the $42,000 resistance level and registering...
Analysts Foresee a Bitcoin ETF Offering by Charles Schwab – Trillions to Enter the Market?
29.1.2024
Charles Schwab, a financial giant with $8.5 trillion in assets, has analysts speculating about the possibility of the company entering the spot Bitcoin (BTC) exchange-traded fund (ETF) market. While Charles Schwab currently offers third-party spot Bitcoin ETFs, analysts believe the company might...
Google’s New Crypto Ad Policy Might Increase Investors’ Attention towards Bitcoin ETFs
29.1.2024
Tech behemoth Google announced last month that it would enable new crypto ad policy effective January 29, 2024. As a result, the crypto community speculates that the amendment might include the recently approved Bitcoin exchange-traded funds (ETFs) promotions. Google announced at the time that...
Bitcoin (BTC) surges past $42k, Eyes post-halving surge
29.1.2024
Bitcoin has generated an annual return on investment of more than 150%. It is expected only to rise, especially since its ETF has been approved. A total of 11 applications have made their way into the market, allowing traders to diversify their portfolios. Udomsak Rakwongwan, a researcher from...
Crypto Whales Accumulate $3 Billion in Bitcoin in January, Data Shows
29.1.2024
Large investors in the cryptocurrency market, known as crypto whales, have been busy accumulating Bitcoin (BTC) this month, amassing a total of $3 billion worth of the leading cryptocurrency. According to data from onchain analytics firm IntoTheBlock, the amount of Bitcoin held in whale wallets...
Top Chinese Asset Manager Moves to Launch Bitcoin ETF in Hong Kong
29.1.2024
The Hong Kong subsidiary of Chinese asset management firm, Harvest Fund Management, applied for a spot Bitcoin ETF on Jan. 26. This marks the first submission of its kind in Hong Kong, Tencent News reported on Monday. The Securities and Futures Commission (SFC) is said to be expediting approval...
Bitcoin Price Prediction: Hits $42,400 Amid ETF Ad Buzz & Election Pledges
29.1.2024
In the realm of cryptocurrency, Bitcoin‘s trajectory has captured the market’s attention yet again. As whispers turn into conversations about Bitcoin price predictions, the digital currency has edged up by 0.41 percent, steadying at $42,403. This subtle yet optimistic rise coincides...
Bitcoin and Ethereum Price Prediction as BTC Rallies 10% From Recent Bottom and ETH Sees $5 Billion Flood In – Time to Buy?
28.1.2024
In the dynamic world of cryptocurrency, Bitcoin’s price prediction seems bullish, especially as it experiences a noteworthy upswing, currently trading at $42,220, marking a nearly 1% increase on Sunday. This positive trend in Bitcoin’s valuation coincides with a high-ranking...