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Fidelity Bitcoin ETF’s $191 million outflow surpasses Grayscale as BlackRock records first redemptions

Quick Take Farside data shows that on May 1, Bitcoin exchange-traded funds (ETFs) suffered a record $563. 7 million outflow – the worst single-day performance since their inception. This massive capital exodus marked the sixth consecutive trading day of withdrawals, aligning with Bitcoin’s over 20% plunge from its all-time high. дальше »

2024-5-2 16:59


Bitcoin’s 2024 cohort sees over 10% profit, indicating a strong market support level

Quick Take Analyzing average prices at which Bitcoin was withdrawn from major digital asset exchanges using Glassnode data offers valuable insights into the market’s cost basis. According to Glassnode data, the analysis indicates that Coinbase and Binance exhibited parallel movement from the start of 2021 to the conclusion of 2023, maintaining average withdrawal prices around […] The post Bitcoin’s 2024 cohort sees over 10% profit, indicating a strong market support level appeared first on CryptoSlate. дальше »

2024-4-30 11:32


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Analysts clash over future of Bitcoin ETFs as institutional interest lags

Quick Take Jim Bianco, head of Bianco Research, has been a vocal critic of the Bitcoin ETFs due to their centralization concerns. Bianco recently said: “A spot ETF is NOT, repeat not, decentralized!” He also believes that the main investors in these ETFs are “Orange FOMO poker chips for paper-handed small-time traders (degens). дальше »

2024-4-30 22:00


Dogecoin’s Resilience Redefines Crypto: Are Memecoins Becoming a Legitimate Asset Class? Experts Highlight These DOGE Metrics

The resilience of memecoins like Dogecoin has ignited a heated discussion about the legitimacy of such assets. Despite being born as a satirical take on the crypto craze, Dogecoin has defied expectations by bottoming at $8 billion market cap amid the market turmoil lately. дальше »

2024-4-29 17:20


Experts anticipate $10 pricing at launch: Shiba Inu investors take advantage of 600.000% gains

As anticipation builds in the cryptocurrency sector, experts are projecting an extraordinary launch price of $10 for Option2Trade (O2T). This remarkable expectation has caught the attention of the ShiThe post Experts anticipate $10 pricing at launch: Shiba Inu investors take advantage of 600.000% gains appeared first on AMBCrypto. дальше »

2024-4-29 10:45


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IBIT vs GLD: A compelling tale of Bitcoin’s growing dominance over traditional gold investments

Quick Take Bitcoin left a significant mark on the ETF industry in 2024, with Bitcoin ETFs drawing in more than $12 billion in net inflows combined. Leading this surge is BlackRock’s iShares Bitcoin ETF (IBIT), which has accumulated over $15 billion in net inflows and stands at the forefront of this success narrative. дальше »

2024-4-25 19:25


Are Inscriptions following the path of the Dodo?

Quick Take In the aftermath of the April 20 Bitcoin halving, the digital asset has experienced significant changes in its fee structure, transaction composition, and hash rate resilience. Data from Glassnode shows that miner revenue derived from fees reached an all-time high of approximately 75% on the halving day before settling at around 45%, indicating […] The post Are Inscriptions following the path of the Dodo? appeared first on CryptoSlate. дальше »

2024-4-25 18:55


BEFE Coin Millionaire Maker: The $100 Investment with Million-Dollar Potential

Are you also checking out crypto websites for the next altcoin that turns gold in terms of returns given? Well, you are no different as the crypto market is as volatile as it gets and everyone wants to take a bet on a relatively smaller and less popular coin that has more chances of tremendous […] The post BEFE Coin Millionaire Maker: The $100 Investment with Million-Dollar Potential appeared first on CaptainAltcoin. дальше »

2024-4-24 12:20