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Bitcoin ETF Slowdown A Brief Pause, Not A Negative Trend: Bernstein Says As BTC Trades 2% Lower
Monday, April 29, 2024 - 7:27am | 631The recent slowdown in bitcoin (CRYPTO: BTC) exchange-traded fund (ETF) inflows is a temporary pause, not a negative trend, according to a report by broker Bernstein. What Happened: Bernstein’s research report suggests that the current slowdown in bitcoin ETF inflows is merely a short-term...
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Robert Kiyosaki Says 'No' To Bitcoin ETFs: 'Prefer To Stay As Far Away From Wall Street's Financial Products As Possible'
Friday, April 12, 2024 - 1:15am | 716Renowned author, Robert Kiyosaki, has expressed his disinterest in Bitcoin (CRYPTO: BTC) ETFs, favoring direct ownership of assets over Wall Street’s financial products. What Happened: On Thursday, Kiyosaki, the author of “Rich Dad Poor Dad,” took to Twitter to answer a question...
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Edward Snowden Predicts SEC Will 'Lose So Hard In Court' against Coinbase: Gensler Had To Approve Bitcoin ETFs 'With Tears In His Eyes'
Wednesday, March 27, 2024 - 9:06pm | 726Whistleblower and Bitcoin (CRYPTO: BTC) supporter Edward Snowden isn’t bothered by the U.S. Securities and Exchange Commission’s latest legal wrangling with Coinbase Global Inc. (NASDAQ:COIN). What Happened: Snowden’s comment came in response to a tweet about a court ruling...
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Bitcoin Believer From 2018 Nails It: Is He Right About $150,000?
Monday, March 25, 2024 - 4:26pm | 414Thomas Lee, co-founder of Fundstrat Global Advisors, took a bullish stance on Bitcoin (CRYPTO: BTC) in 2018. His position seems prescient in light of today’s market. What Happened: Lee’s central argument rested on the potential of Bitcoin to become a mainstream store of value. The Wall...
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Forget What You Know About The Bitcoin Halving: Here's Why This Cycle Could Be Wild
Monday, March 25, 2024 - 10:13am | 562As the crypto market braces for the Bitcoin (CRYPTO: BTC) halving, crypto analytics firm Glassnode highlights a twist in the narrative — Exchange Traded Funds (ETFs) are now playing a dominant role in shaping market dynamics, potentially diminishing the traditional impact of the halving. What...
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Bitcoin Bull Run Far From Over, Says Crypto Trader Alex Krüger: 'We're Very Far Off On The Wirehouse Side'
Monday, March 18, 2024 - 7:08am | 675Crypto trader and noted economist Alex Krüger believes that the Bitcoin (CRYPTO: BTC) bull market is just warming up, with the full effects of the recently sanctioned Bitcoin ETFs yet to unfold. What Happened: In a recent conversation on the 1000x Podcast, Krüger delved into the complexities of an...
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EXCLUSIVE: Which Bitcoin ETF Is Preferred By Benzinga Users? 28% Say They've Already Bought Bitcoin ETFs
Wednesday, March 13, 2024 - 6:18pm | 895Leading cryptocurrency Bitcoin (CRYPTO: BTC) soared in value in 2024, setting several new all-time highs, including passing $73,000 for the first time Wednesday. Here's how Bitcoin ETFs could have played a role and what Benzinga users are saying about the new investment vehicles. What Happened: The...
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Bitcoin Experiences Price Swings With ETFs, But Analyst Foresees Long-Term Volatility Dampening: 'Will Likely Ease As Funding Rates Normalize'
Tuesday, March 12, 2024 - 3:04am | 816As the cryptocurrency market continues to evolve, the introduction of Bitcoin (CRYPTO: BTC) exchange-traded funds (ETFs) has led to unexpected outcomes, with volatility levels reaching new heights. What Happened: Bitcoin’s volatility has surged, contradicting expectations that ETFs would...
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Bitcoin Hits New All-Time Highs, Nears Meme Number: Could $69,420 BTC Break The Internet?
Wednesday, March 6, 2024 - 7:45pm | 797Leading cryptocurrency Bitcoin (CRYTPO: BTC) hit new all-time highs on Tuesday reaching past the $69,000 price level. While this accomplishment was well-received by the crypto community, many point to the next milestone prices, including $100,000. Another upcoming milestone is a meme number...
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If You Invested $1,000 In Bitcoin When Warren Buffett Called It 'Rat Poison Squared,' Here's How Much You'd Have Today
Wednesday, March 6, 2024 - 4:51pm | 901Berkshire Hathaway Inc (NYSE:BRK)(NYSE:BRK) is one of the largest companies in the world. The firm’s longtime CEO, Warren Buffett, conducted countless acquisitions and investments over the years, achieving legendary status as one of the greatest investors of a generation. One sector that...
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EXCLUSIVE: Bitcoin Hits New All-Time High: Here's When Benzinga Readers Think $100K Milestone Could Be Reached
Tuesday, March 5, 2024 - 6:59pm | 734Leading cryptocurrency Bitcoin (CRYPTO: BTC) soared to a new all-time high this week. While the all-time high mark has now been passed for the first time since November 2021, investors and analysts could be turning their attention to new price milestones. What Happened: Bitcoin hit a high of $69,...
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Bitcoin To $140K In 2 Weeks? Here's What Happens After It Hits New Highs
Tuesday, March 5, 2024 - 2:22pm | 589Bitcoin (CRYPTO: BTC) hit new all-time highs when it briefly crossed the $69,000 level on Tuesday. Pomp Investments’ Anthony Pompliano says it’s hard not to be bullish on Bitcoin right now. What To Know: Over the last year, Bitcoin has been working its way back towards the highs it set...
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Jim Cramer Has An Answer For Why Bitcoin Is Rallying, Tells Investors To 'Get Ready' For What's Next
Monday, March 4, 2024 - 5:43pm | 653Bitcoin (CRYPTO: BTC) crossed the $67,000 level for the first time since 2021 on Monday, adding another leg to the unrelenting rally over the last six months. CNBC’s Jim Cramer believes he knows what’s pushing the world’s largest cryptocurrency higher. What To Know: Bitcoin has...
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Robinhood CFO Sees 'Nice Interest' In Bitcoin ETFs, Notes They Account For 5% Of Overall Crypto Trading Activities
Tuesday, February 13, 2024 - 11:50pm | 608Robinhood Markets Inc (NASDAQ:HOOD) Chief Financial Officer, Jason Warnick, on Tuesday addressed the role Bitcoin (CRYPTO: BTC) exchange-traded-funds have begun to play following their addition to the trading platform. What Happened: During an earnings call on Tuesday, Warnick, in a response to...
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Bitcoin ETFs More Likely 'Off-Ramp For Whales' Than 'On-Ramp For Traditional Investors': Analyst
Friday, January 26, 2024 - 4:16pm | 442Bitcoin (CRYPTO: BTC) exchange-traded funds (ETFs) are emerging not as a gateway for mainstream investors but as an offramp for seasoned whales, according to Schwab Network's Oliver Renick. The stock market has undergone changes — valuations, a critical factor in gains, have fallen from...