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Bitcoin Will Hit $125K If Donald Trump Wins, $75K In Case Of A Kamala Harris Victory: Standard Chartered
Thursday, September 12, 2024 - 10:28am | 636A potential Donald Trump win in the November election would be more bullish for Bitcoin, a new Standard Chartered report predicts. What Happened: In a report released on Thursday, the investment bank predicted that Bitcoin could hit new all-time highs by the end of 2024, regardless of the outcome...
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Bitcoin, Ethereum ETF Inflows Surge To $117M: 'Regardless Of Which Party Wins, Both Candidates Need To Establish Leadership,' Expert Says
Wednesday, September 11, 2024 - 8:16am | 612Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) spot ETFs saw substantial inflows on Sep. 10, with Bitcoin ETFs attracting $117 million and Ethereum ETFs $11.437 million in net inflows. This surge coincides with the cryptocurrency market’s response to recent political developments and...
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Crypto Goes Mainstream: 57% Of Investors Ready To Allocate 5% Or More To Bitcoin, Ethereum
Tuesday, September 10, 2024 - 12:06pm | 455The majority of cryptocurrency owners are now comfortable making digital assets a significant part of their investment strategy, signaling a growing mainstream acceptance of cryptocurrencies, a new report finds. What Happened: According to Gemini‘s 2024 Global State of Crypto report, 57% of...
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Bitcoin Back To $57K, But Monday's ETF Inflows Don't Drag It Out Of Bearish Territory, Analysts Say
Tuesday, September 10, 2024 - 9:28am | 706Bitcoin (CRYPTO: BTC) spot ETFs recorded a total net inflow of $28.72 million on Sep. 9, while Ethereum (CRYPTO: ETH) spot ETFs continued their streak of outflows. What Happened: The Bitcoin ETF market saw mixed performance among its top players. While Grayscale‘s (OTC:GBTC) experienced an...
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Bitcoin ETFs Bled $643M In Outflows Last Week, Ethereum $98M, Analysis Shows
Monday, September 9, 2024 - 10:58am | 395Digital asset investment products experienced substantial outflows totaling $726 million last week, matching the largest recorded outflow set in March this year. What Happened: This shift in investor sentiment comes amid uncertainty surrounding potential Federal Reserve interest rate cuts and...
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Bitcoin, Ethereum Need New Catalyst For 'Enhanced Retail Engagement,' JPMorgan Says
Monday, September 9, 2024 - 8:11am | 531According to a new JPMorgan report, the cryptocurrency market needs a new catalyst to drive the sector forward and spark “enhanced retail engagement” to reverse August’s market downtrend. What Happened: JPMorgan analysts, led by Kenneth Worthington, highlighted the broader...
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Bitcoin Nears $55,000 As Experts Warn Of Market Peak: Potential Drop Below $50K 'Inevitable'
Friday, September 6, 2024 - 9:52am | 572As Bitcoin (CRYPTO: BTC) hovers near the $55,000 mark, experts are sounding alarms about a potential drop below $50,000, citing critical market indicators. On Friday morning, Bitcoin was trading at $56,680, up 0.1%, after hitting a low of $55,282, according to CoinGecko data. Ethereum (CRYPTO:...
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Bitcoin Below $50K? Crypto Market Braces For Volatility As ETF Outflows Continue
Thursday, September 5, 2024 - 8:23am | 521Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) spot ETFs continued to experience significant outflows. This potentially sets the stage for increased volatility in the coming weeks. Analysts now warn of potential downside risks, macroeconomic concerns and weakening on-chain metrics. According to...
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Bitcoin Dips Below $60,000 As Spot ETFs See $71.7M Outflow
Friday, August 30, 2024 - 8:06am | 600Bitcoin and Ethereum spot ETFs experienced notable fund outflows on Aug. 29, signaling ongoing uncertainty in the cryptocurrency markets. What Happened: Bitcoin spot ETFs saw a total net outflow of $71.73 million, with the Grayscale Bitcoin Trust (OTC:GBTC) leading the withdrawals at $22.68 million...
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Bitcoin Surges To $61,000 As Experts Eye Pre-Election Patterns And ETF Flows
Thursday, August 29, 2024 - 12:01pm | 757Bitcoin (CRYPTO: BTC), the world’s leading cryptocurrency, has surged back to $61,000, marking a 3.4% increase over the last 24 hours. What Happened: This upward momentum comes as market analysts and experts closely watch historical patterns related to U.S. presidential elections and their...
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Bitcoin, Ethereum Have Left FTX Collapse Behind, But MicroStrategy Has Outperformed: Report
Thursday, August 29, 2024 - 7:44am | 624The digital assets sector has shown resilience, bouncing back after the fallout from the FTX exchange collapse in November 2022, according to a research report released by Canaccord on Wednesday. What Happened: In the report, analysts led by Joseph Vafi highlighted a significant shift in the...
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Donald Trump's Pro-Bitcoin Stance Influenced Ethereum ETF Approval, Analyst Posits
Wednesday, August 28, 2024 - 10:48am | 584Bloomberg Intelligence ETF analyst James Seyffart believes political considerations played a significant role in the SEC’s surprise approval of Ethereum (CRYPTO: ETH) ETFs earlier this year. What Happened: In an interview with “BitLab Academy,” Seyffart pointed to several factors...
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Bitcoin Drops 4%, Loses $60,000 Support As ETFs See $127M Outflow
Wednesday, August 28, 2024 - 9:20am | 603Bitcoin (CRYPTO: BTC) spot ETFs experienced a significant daily outflow of $127.05 million on Aug. 27 while Ethereum spot ETFs saw a more modest outflow of $3.4452 million, continuing a nine-day streak of withdrawals. What Happened: This activity occurred against a backdrop of market anticipation...
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Bitcoin ETFs Surge Past $18B In Net Inflows, Ethereum ETFs Have Bled $478M: What Is Going On?
Tuesday, August 27, 2024 - 7:24am | 721Bitcoin (CRYPTO: BTC) ETFs have amassed a whopping $18.08 billion in cumulative net inflows as of Aug. 26, while Ethereum (CRYPTO: ETH) ETFs have seen net outflows of $477.88 million since their inception. What Happened: This contrast in fund flows highlights a clear preference among institutional...
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BTC Closing In On $64,000 After Bitcoin ETFs Gobbled Up Over $500M In Net Inflows Last Week
Monday, August 26, 2024 - 8:05am | 695In a week that saw renewed investor enthusiasm for digital assets, cryptocurrency exchange-traded funds (ETFs) experienced substantial inflows, with Bitcoin (CRYPTO: BTC)-focused products leading the charge. What Happened: This surge in investment activity comes in the wake of Federal Reserve...