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Best Crypto to Buy Today March 20 – KCS, Stacks, Toncoin
20.3.2024
As concerns about Ether (ETH)’s regulatory status in the US weigh on market sentiment on Tuesday, and one day after spot Bitcoin ETFs just saw their biggest daily outflow, traders are hunting for the best crypto to buy today to maximize their chances of securing quick gains.
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Bitcoin Spot ETFs Lose $326 Million In Largest Daily Outflow Since Launch
20.3.2024
Bitcoin spot ETFs in the United States are showing signs of waning momentum after Tuesday marked their largest daily net outflow since launch.
The post Bitcoin Spot ETFs Lose $326 Million In Largest Daily Outflow Since Launch appeared first on Cryptonews
Goldman Sachs Sees More Institutions Diving Into Crypto — Says Bitcoin ETFs Prompt a ‘Psychological Shift’
20.3.2024
Goldman Sachs is seeing more institutions diving into crypto, the global investment bank’s head of digital assets has revealed, noting that until now the bitcoin price action has been driven primarily by retail investors. “But it’s the institutions that we’ve started to see come...
‘Wolf of All Streets’ Warns Bitcoin Market Could ‘Cool off Massively’
20.3.2024
Scott Melker, also known as the “Wolf of All Streets,” has shared some concerns regarding the bitcoin market. Pointing to his “top signals,” he cautioned that the market could “cool off massively for a few months before hopefully ramping up again in...
CoinShares Report: Investors Remain Bullish on Bitcoin Despite Market Downturn
19.3.2024
A report by CoinShares on the performance of Bitcoin investment products sheds new light on how the recently launched spot Bitcoin ETFs, together with bullish investment, have helped the products post all-time high inflows last week. Published yesterday, the digital asset manager’s findings...
Spot Bitcoin ETFs Are Just the Beginning for Wall Street
19.3.2024
Bitcoin ETFs' Hot Start Seems Largely Driven by Retail Investors
18.3.2024
Data shows that the average trade size for the biggest spot bitcoin ETF suggests that demand is largely coming from retail investors
Binance CEO Richard Teng Predicts Bitcoin Breaking $80,000 Fueled by ETF Inflows
18.3.2024
Binance CEO Richard Teng forecasts that Bitcoin will surpass $80,000 before the year ends. He attributed this likely increase to the growing interest from institutional investors in crypto-backed exchange-traded funds (ETFs).
The post Binance CEO Richard Teng Predicts Bitcoin Breaking $80,000...
9 New Bitcoin ETFs Surpass GBTC by Accumulating 450,000 BTC Worth Over $30B
17.3.2024
The latest statistics on bitcoin reserves from the nine new spot bitcoin exchange-traded funds (ETFs) reveal they currently possess 453,503.98 bitcoins, valued at approximately $30.29 billion based on the current exchange rates. The 9 New ETFs Hold Nearly a Half Million Bitcoin Since their...
$200B Financial Group Cetera Approves 4 Spot Bitcoin ETFs on Its Platform
17.3.2024
Cetera Financial Group, a platform with $475 billion in assets under administration and $190 billion in assets under management, has approved four U.S. spot bitcoin exchange-traded funds (ETFs) for use in brokerage accounts on its platform. “We are prudently embracing bitcoin ETFs and...
‘Not a Store of Value’ — Vanguard CEO Labels Bitcoin Too Speculative for Long-Term Portfolios
16.3.2024
After the U.S. investment advisor Vanguard chose not to offer spot bitcoin exchange-traded funds (ETFs), its CEO Tim Buckley, in a recent discussion, described bitcoin as a speculative asset, unfit for inclusion in long-term investment portfolios. Vanguard’s CEO Confirms: No Change in Bitcoin...
US Senators Push SEC to Stop Approving Spot Crypto ETFs — Say Other Crypto Markets Risker Than Bitcoin
16.3.2024
Two U.S. senators have urged U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler to refrain from approving additional crypto exchange-traded fund (ETF) applications. The lawmakers cautioned: “However vulnerable bitcoin may be to fraud and manipulation, markets for other...
Galaxy Digital CEO: Bitcoin Unlikely to Fall Below $55,000 — ‘That’s the New Floor’
16.3.2024
Galaxy Digital CEO Michael Novogratz says he doesn’t believe the price of bitcoin will fall back down to the $50K-$55K level. “I think that’s the new floor unless something dramatic happens,” he described. “This has been a wild ride of an asset,” he added...
Bitcoin Surpasses Gold in Investor Portfolios: JPMorgan
15.3.2024
As reported by a JP Morgan analyst, Bitcoin has surged past gold in terms of investor portfolio allocation, taking volatility into account.
The post Bitcoin Surpasses Gold in Investor Portfolios: JPMorgan appeared first on Cryptonews
Ether ETFs Could Be Bigger Than Bitcoin ETFs, Says VanEck
14.3.2024
The issuer of the VanEck Bitcoin Trust this week dropped its management fee to zero for a limited time in an attempt to attract more capital to that fund
NYSE Signals US SEC to List Crypto Firm 7RCC’s Eco-Conscious Spot Bitcoin ETFs
14.3.2024
7RCC's spot Bitcoin ETF comprises of 80% of Bitcoin and the remaining 20% holding carbon credits futures.
The post NYSE Signals US SEC to List Crypto Firm 7RCC’s Eco-Conscious Spot Bitcoin ETFs appeared first on Cryptonews
Analyst: Spot Bitcoin ETFs Anticipated to Attract $220 Billion in Three Years
14.3.2024
Spot Bitcoin (BTC) exchange-traded funds (ETFs) could witness an influx of $220 billion over the next three years.
The post Analyst: Spot Bitcoin ETFs Anticipated to Attract $220 Billion in Three Years appeared first on Cryptonews
Thai Rule Change Allows Asset Management Funds to Invest in Bitcoin ETFs
14.3.2024
Thailand-based asset management funds can now launch private funds for investing in U.S. spot bitcoin exchange-traded funds (ETFs), according to the country’s securities regulator. The approval of bitcoin ETFs by U.S. regulators has opened opportunities for Thai asset management firms to gain...
Bitcoin Will Never Go Back Below $55,000, Mike Novogratz Predicts
13.3.2024
Galaxy Digital CEO Mike Novogratz thinks Bitcoin is forever beyond $55,000 after cracking beyond $73,500 on Tuesday.
The post Bitcoin Will Never Go Back Below $55,000, Mike Novogratz Predicts appeared first on Cryptonews
Spot Bitcoin ETFs Could See $220B of Inflows in Next 3 Years: JMP Securities
13.3.2024
Crypto exchange Coinbase (COIN) looks well-positioned to benefit from these growing inflows, the report said