Mon, April 22

Bitcoin Surges Over $70,000 on Back of Rising ETF Inflows

Bitcoin (BTC) surged past the $71,000 mark, marking a strong start to the week following a brief dip in prices last week. The renewed bullish sentiment has been fueled by increased investor interest, with net inflows into Bitcoin exchange-traded funds (ETFs) again turning positive. According to Spot on Chain’s report,

March 26, 2024 1 min read

Will BlackRock’s Bitcoin ETF Ever Overtake Grayscale’s Holdings?

BlackRock’s spot Bitcoin ETF is poised to overtake the Grayscale Bitcoin Trust (GBTC) in terms of Bitcoin holdings within the next few weeks. As of March 22, BlackRock’s ETF holds approximately 243,126 Bitcoin, valued at $15.48 billion, with a steady daily inflow of around $274 million. On the other hand,

March 25, 2024 2 mins read

Bitcoin Dips Below $61K Amid ETF Outflows & Fed Decision

Bitcoin (BTC) has displayed a notable downturn, succumbing to pressures as it dropped by a significant 7% today, March 20. This downward spiral marks the second consecutive day of outflows for Bitcoin ETFs, with $326 million exiting the market, more than doubling the previous day’s figures. The BTC price decline

March 20, 2024 2 mins read

Bitcoin Soars Above $68,500—Will It Reach All-Time High This Week?

Bitcoin (BTC) surged close to its all-time high, rallying nearly 8.5% to trade above $68,750 as of 7:25 a.m. IST on Tuesday. This marked the second consecutive day of gains for the cryptocurrency, driven by the anticipation of robust demand for exchange-traded funds (ETFs) at the beginning of the week.

March 5, 2024 2 mins read

Bitcoin Cash Jumps 30% in 24 Hours, Can BCH Break $500?

Amid a bullish surge in the cryptocurrency market, Bitcoin Cash (BCH) has displayed a significant turnaround, breaking through the $400 mark and soaring by over 30% in the last 24 hours. This surge marks a significant reversal from its recent slump, with BCH now trading at $410, a level not

March 2, 2024 2 mins read

Spot Bitcoin ETFs Propel BTC to $64,000. All-Time High in Sight?

The crypto market titan Bitcoin (BTC) has entered a bullish streak, achieving a significant breakthrough by exceeding the $64,000 zone for the first time since November 2021.  BTC’s rally continued as it peaked at a new yearly high of $64,058 on February 28, marking a 12% price surge in just

February 29, 2024 2 mins read

Bitcoin Heads Towards $58,000 Amid Record Spot ETF Trading

Bitcoin (BTC) continues its upward trajectory, rallying toward the $58,000 mark amidst heightened demand for spot Bitcoin ETFs. With BTC ETF trading volumes surpassing $3.05 billion for the second consecutive day, the market witnesses significant activity, notably with IBIT setting a new record of $1.32 billion in trading volume. The

February 28, 2024 1 min read

Bitcoin (BTC) Climbs Above $57K for the First Time in Two Years

Bitcoin (BTC) has surged past $57,000, marking its highest level in more than two years. The largest cryptocurrency has defied expectations of a looming price correction, climbing steadily in 2024. The rally, which saw Bitcoin reach $57,148, displayed a significant 12% increase from its previous trading range. This surge comes

February 27, 2024 2 mins read

Hong Kong Attracts 18 Crypto Exchanges for License 

Hong Kong’s Securities and Futures Commission (SFC) has seen a surge in crypto license applications from both local and global players in the past two months. On Feb. 20, Huobi HK, the Hong Kong arm of crypto exchange Huobi, became the 18th applicant for a virtual asset trading platform license.

February 21, 2024 3 mins read

BTC Falls Below $43K Despite Bitcoin ETF Momentum

Despite Bitcoin’s (BTC) attempts to breach the $43,500 resistance level, it faced challenges in extending its gains, slipping below $42,800 in recent trading sessions. At the time of writing, Bitcoin was trading at $42,701, with a slight decline of 0.57% in the last 24 hours. In contrast, BlackRock and Fidelity’s

February 5, 2024 2 mins read