In a significant development, U.S.-based Bitcoin ETFs experienced a massive outflow of $563 million on Wednesday. It marked a record withdrawal despite Federal Reserve Chairman Jerome Powell’s assurance against a rate hike. According to data from Farside Investors and CoinGlass, […]
Record $563M Outflow from U.S. Bitcoin ETFs Despite Fed’s Powell Rejecting Rate Hike Read More »
Peter Schiff, a well-known advocate for gold, recently expressed doubts about Bitcoin’s current bullish trend. He also mentioned projections suggesting a $100,000 price target. Schiff, who has been critical of Bitcoin in the past, particularly focused on spot Bitcoin exchange-traded
Peter Schiff Raises Doubts on Bitcoin ETF Demand and $100K BTC Price Prediction Read More »
After a rocky weekend with Iran and Israel tensions, Bitcoin (BTC) is back above $65,000. The U.S. calmed things down by stopping Israel from attacking Iran, easing worries about more conflict. The market got shaky because Iran launched drones and
Bitcoin Rises as Crypto Market Anticipates Hong Kong ETF Decision Read More »
The recent approval of spot Bitcoin ETFs has ignited discussions regarding similar offerings in other cryptocurrencies. In the dynamic realm of cryptocurrency investments, Solana stands out for its flourishing ecosystem, speed, and scalability. Currently, traders are abuzz with speculation about
Solana ETF: A New Frontier in Crypto Investment Read More »
Grayscale Investments, a prominent player in the cryptocurrency investment space, is making waves again with its latest announcement: the launch of a mini-version of its flagship bitcoin exchange-traded fund (ETF). This move comes in the wake of increased competition in
Grayscale’s Innovative Move: Introducing the Bitcoin Mini ETF Read More »
On January 10, 2024, the cryptocurrency market saw a historic turning point when, following a ten-year journey, the U.S. Securities and Exchange Commission (SEC) approved the spot Bitcoin (BTC) exchange- traded fund (ETF). This approval opens the door for institutional
