Bitcoin ETFs: Bloomberg Analyst Outlines US Market Supremacy Over Hong Kong
Amid the buzzing excitement following the approval of Bitcoin and Ethereum Spot Exchange-Traded Funds (ETFs)…
Amid the buzzing excitement following the approval of Bitcoin and Ethereum Spot Exchange-Traded Funds (ETFs) in Hong Kong, Bloomberg Intelligence analyst Eric Balchunas has made a post highlighting the explosive growth of the products in the United States. US Bitcoin ETFs Assets Surpasses Hong Kong’s According to Eric Balchunas, the combined asset pool held by…
Bitcoin is perceived as a risk asset, and therefore with nations on the brink of war, a sell-off of bitcoin could be set to continue. That said, there is nothing like bitcoin which is outside of the monetary system and unable to be controlled by governments. Bitcoin is the freedom asset. War and finance War…
Bitcoin recovered a lot of ground yesterday and spiked to $67,000, but the landscape has changed once again in a bearish manner, and the asset plummeted hard today. Most altcoins have followed suit with massive price declines, led by SOL, TON, BCH, and others. Bitcoin’s Struggles Continue It’s safe to say that the past few…
Ethereum, the second-largest cryptocurrency by market capitalization, has faced choppy waters. Over the past few days, Ethereum’s price has taken a nosedive, plunging to lows of $2,800 on April 12, echoing the broader downturn witnessed across the crypto landscape. However, in the face of volatility, a fascinating development has emerged: Ethereum whales, the behemoths of…
Buying the dip in cryptocurrency trading refers to buying digital assets at lower lows to cash out when the price returns up. Buying the dip can be lucrative when the trend is favorable; however, it may take significant experience in knowing specific market directions and deploying safety shells for strategic gambling. Buying the dip is…
Solana (SOL) has faced scrutiny due to uncertainties surrounding its future price potential. Declining decentralized exchange (DEX) trades and bearish indicators like the Average Directional Index (ADX) suggest potential network limitations and transaction failures, hinting at a potential decline to $137. However, InQubeta (QUBE) has emerged as a noteworthy competitor to Chainlink’s (LINK) dominance. This…
For the second trading day in a row, nine of the eleven newly launched spot Bitcoin ETFs have had a fund flow of zero. Only Grayscale and BlackRock have had flows on April 12 and 15 as every other fund was inactive, according to preliminary data from Farside Investors. The continued outflow of funds from…
Road town, Bvi, April 16th, 2024, Chainwire As a world-class digital asset exchange, LBank continues to focus on providing its users with quality projects to participate in. Here is a weekly report made by LBank Exchange presenting this week’s exciting new listings and a summary of the ones listed last week, offering users more information…
OKX Ventures has strategically invested in Privasea, a DePIN and AI technology-driven data infrastructure platform, to address the rising need for high-quality data. The unique technology solution from Privasea facilitated by its DePIN approach helps ensure that data privacy and security are maintained while the AI is used for computation. We are delighted to announce…
Even with Bitcoin prices facing pressure from sellers, Willy Woo, an on-chain analyst, thinks the coin will reach new highs thanks to the launch of new Bitcoin exchange-traded funds (ETFs). In a post on X, Woo said the coin could soar to as high as $91,000 in a bear bottom but soar to as high as…