Cryptocurrency News
Short positions in Bitcoin worth almost $40 million were liquidated within the past 24 hours as the cryptocurrency’s price surged upwards. As Bitcoin surpassed the $68,000 mark, short positions were swiftly eliminated, resulting in significant liquidations. During the last 24 hours, the leading digital asset by market capitalization experienced a […]
As Bitcoin steadily approaches its final five weeks before the much-anticipated halving event, all eyes remain fixated on its price action and the continuous surge to All-Time High levels. Alongside this fervor, the growing influence of Blackrock and AI assets in the cryptocurrency sphere is also drawing significant crowd interest […]
Today marked a historic milestone for Bitcoin exchange-traded funds (ETFs) as total net inflows surged to an unprecedented $1.05 billion, setting a new single-day record since the inception of ETF trading. According to SoSoValue data, on March 12, the total net inflow into Bitcoin spot ETFs reached $1.05 billion, setting […]
Bitcoin made headlines yesterday by reaching a new all-time high of $70,199 on Coinbase, marking another significant milestone for the cryptocurrency. While this achievement is noteworthy, the trading community is currently exhibiting a blend of fatigue and disinterest in altcoins. 🥳 #Bitcoin has established yet another new #AllTimeHigh today, reaching […]
The influx of funds into Bitcoin Exchange-Traded Funds (ETFs) has reached a staggering $233 million, signaling a notable surge in investor interest in the cryptocurrency. Despite the inherent volatility of the market, Bitcoin has maintained a relatively stable price, hovering consistently around $51,000. On February 23, reports from SoSoValue indicated […]
Bitcoin exchange-traded funds (ETFs) witnessed unprecedented trading activity, setting new daily volume records, possibly influenced by the closure of markets for Presidents Day. 📈 #Bitcoin #ETF volumes & inflows have seen record daily highs, perhaps aided by closed markets for #PresidentsDay. Amongst the 7 largest ETF's, there was a combined […]
In a resurgence of activity, Bitcoin’s ETF trading volume has soared in mid-February, surpassing $1.8 billion per day across the seven most prominent ETFs: GBTC, IBIT, FBTC, ARKB, BTCO, BITB, and HODL. This surge in trading volume coincided with Bitcoin’s breach of the $50,000 mark earlier this week, signaling a […]
Bitcoin’s trading volume surged to a highly-high as its market value peaked at $50k during the weekend frenzy, marking a +18% growth week. While Ethereum also experienced a slight boost, most other trading volumes remained relatively stagnant in comparison. 🚨 JUST IN: #Bitcoin Hits $50kFirst time since 12 months ago […]
In the wake of the SEC’s approval of 11 Spot ETFs just four weeks ago, the number of wallets holding Bitcoin continues to dwindle. This trend is attributed to the prevailing fear, uncertainty, and doubt (FUD) among investors, alongside the increasing array of alternative investment options competing for attention. 📉 […]
Bitcoin continues to assert its dominance in the financial landscape, with approximately $7.7 billion worth of economic value processed daily through Bitcoin transfers, underscoring its robustness. #Bitcoin Transfer Volumes remain extremely robust with around $7.7B/day in economic volume processed. However, an elevated presence of large size entities can be observed, […]
Recent on-chain data from CryptoQuant indicates a notable uptick in selling activity among Bitcoin miners. Over the last 24 hours, miners have reportedly sold nearly 10,600 BTC, equivalent to approximately $455.8 million. Simultaneously, the Bitcoin network has experienced a 34% decrease in hashrate since last Friday, dropping from a peak […]
While Bitcoin’s price has been in a consolidation phase post ETF adoption, Ethereum is witnessing significant gains. Currently trading at $2,571, Ethereum’s market valuation has reached $308.97 billion, marking a 1.53% increase. According to Santiment data, Ethereum’s price dominance against Bitcoin has surged by +22.4% in the past week. This […]
The U.S. Bitcoin spot ETFs witnessed a staggering total trading volume of almost $10 billion within a span of three days, according to insights from Bloomberg analyst James Seyffart. Grayscale GBTC led the charts with a three-day trading volume of $5.174 billion, followed by BlackRock’s IBIT at $1.997 billion and […]
The U.S. Securities and Exchange Commission (SEC) is under investigation for suspected market manipulation after a misleading announcement regarding the approval of Bitcoin Spot ETFs. Reports initially suggested the SEC’s endorsement of certain Bitcoin ETF funds, causing Bitcoin’s price to surge above $47,000 before stabilizing around $45,000. BREAKING: Securities lawyers […]
Big news in the finance world! Fidelity Investments, the financial powerhouse, is diving into the Ethereum Exchange-Traded Fund (ETF) competition by filing a 19b-4 with the Chicago Board Options Exchange (CBOE). And guess what? They’re not alone—BlackRock, another heavy hitter, threw their hat in the ring just a day before. […]
The cryptocurrency market experienced a brief however significant surge in XRP prices following false reports of BlackRock’s contribution in a XRP exchange-traded fund (ETF). The saga unfolded on X (formerly Twitter) when users stumbled upon a Delaware filing indicating the registration of “iShares XRP Trust,” seemingly indicating BlackRock’s move towards […]
Cryptocurrency markets remain on an upward trajectory as optimism and anticipation continue to fuel prices. The resurgence in the crypto market can be attributed to the increasing likelihood of Exchange-Traded Fund (ETF) listings, which have generated significant interest from both institutional and retail investors. 📰 #Crypto markets have continued to […]
Earlier today, Blackrock, worth $10 trillion, refiled for Bitcoin ETF approval, and now all eyes are on the SEC. It has given the crypto community hope and expectation of good news. Notably, One X(Twitter) user commented on the news, saying the crypto market will be crazy after the Bitcoin ETF […]