European investors pour record $105B into US Bitcoin ETFs
Despite the record European inflows, Bitcoin price has been unable to recover above the $70,000 psychological level since July. Go to Source
spot bitcoin ETFs
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Harris Backs Plan to Tax Unrealized Gains, Kiyosaki Says Prepare for Crash Landing, and More — Week in Review
Vice President Kamala Harris supports President Biden’s proposal to increase taxes on unrealized gains for the wealthy. Financial author Robert Kiyosaki warns of an impending market crash, urging investments in gold, silver, and bitcoin for safety. Economist Peter Schiff calls for higher interest rates, even at the risk of triggering a recession. Meanwhile, bitcoin ETFs … Read more
Spot Bitcoin ETFs See Light Inflows as Grayscale Adds Mini Bitcoin Trust
On Wednesday, the list of spot bitcoin exchange-traded funds (ETFs) grew from 11 to 12 with the introduction of Grayscale’s Mini Bitcoin Trust. The day’s trading session saw these funds attracting a modest $298,930 in net inflows. Spot Bitcoin ETFs Report Modest Inflows During Tuesday’s trading session, only two spot bitcoin ETFs experienced inflows. Blackrock’s … Read more
Bitcoin traders back in profit even as price slows alongside spot BTC ETF inflows
Despite this week’s Bitcoin price sell-off, the rally to $68,000 put short-term traders back in profit and onchain metrics remain bullish. Go to Source
Bitcoin price soars above $66K as crypto market momentum ramps up
Bitcoin price surged to a new 1-month high near $67,000 as a variety of bullish factors converged to push cryptocurrencies higher. Go to Source
Bitcoin price rally to $65K fueled by ‘complete exhaustion’ from sellers — Glassnode
Bitcoin price displayed surprising strength after various market participants absorbed over 48,000 BTC that the German government sold. Go to Source
Bitcoin traders forecast ‘splendid’ bullish price action now that BTC is above $65K
Multiple Bitcoin price metrics point to an incredibly bullish “post-halving growth trajectory.” Go to Source
Blackrock CEO Larry Fink Explains Why Everyone Should Consider Bitcoin in Portfolios
Larry Fink, the CEO of Blackrock, the world’s largest asset manager with $10.5 trillion in assets under management, has explained why he shifted from skepticism to advocacy for bitcoin, viewing the cryptocurrency as “digital gold” and a hedge against economic instability. “I believe bitcoin is legitimate,” he emphasized, adding: “I do believe there’s a real … Read more
Digital Assets Thrive in H1 2024, CME and Glassnode Report Finds
Digital assets showed significant growth in the first half of 2024, driven by increased institutional interest and the approval of spot bitcoin ETFs. According to a report from CME Group and Glassnode, these factors have cemented digital assets as a crucial asset class with unique opportunities and inherent risks. Institutional Interest Drives Digital Asset Growth … Read more
Binance CEO: Crypto Prices May Fluctuate but Fundamentals Are Strong
Binance CEO Richard Teng has highlighted the significant interest in bitcoin and other cryptocurrencies, noting that U.S.-listed bitcoin exchange-traded funds (ETFs) had attracted over $14.7 billion in net inflows over the past six months. Teng emphasized the industry’s robust long-term fundamentals and urged the community to stay focused and continue building despite market fluctuations. Binance’s … Read more
