Bitcoin

VanEck’s Bitcoin ETF goes live on Australia’s top exchange

The launch of VanEck's Bitcoin ETF on Australia's top exchange signifies a growing institutional acceptance and integration of cryptocurrency into mainstream financial markets, potentially paving the way for increased investor participation and further financial innovation.

2 years ago · By VIVIAN NGUYEN

Bitcoin’s June downtrend faces potential reversal

A potential reversal in Bitcoin's June downtrend could stabilize investor sentiment and influence market dynamics, particularly as it relates to the behavior of key stakeholders like whales, long-term holders, and miners.

2 years ago · By GINO MATOS

BlackRock sees Bitcoin ETFs inflows mostly from ‘self-directed investors,’ not institutions

BlackRock's CIO reveals that Bitcoin ETFs are mainly bought by self-directed investors, with retail dominating over institutions.

2 years ago · By DIEGO ALMADA LOPEZ

Bitcoin reduced volatility points to market growth and institutional influence

Bitcoin's decreasing volatility in 2024 indicates a more mature and stable market for the leading crypto, opposing the higher volatility periods from 2022.

2 years ago · By GINO MATOS

Latest

Drake’s $500K Bitcoin bet ‘upset’ as Celtics beat Mavericks 4-1

Jun. 18, 2024

Drake’s $500K Bitcoin bet ‘upset’ as Celtics beat Mavericks 4-1

Drake lost a $500,000 Bitcoin bet on the Dallas Mavericks winning the NBA Finals and could face a similar loss with his NHL bet on the Edmonton Oilers.

By VINCE DIOQUINO

Bitcoin price pressured by whales, long-term holders, and miners: Bitfinex

Jun. 17, 2024

Bitcoin price pressured by whales, long-term holders, and miners: Bitfinex

Bitcoin's 4.4% drop last week was driven by long-term holders, whales, and miners selling their holdings, primarily through exchange sales and OTC transactions, highlighting their significant impact on market liquidity and price fluctuations.

By GINO MATOS

Investors pull $600 million from crypto products following hawkish FOMC stance

Jun. 17, 2024

Investors pull $600 million from crypto products following hawkish FOMC stance

Investors withdraw $600M from digital assets after a hawkish FOMC meeting, with Bitcoin seeing the largest outflow and altcoins gaining.

By GINO MATOS

Financial advisors still figuring out Bitcoin spot ETFs, says BlackRock CIO

Jun. 16, 2024

Financial advisors still figuring out Bitcoin spot ETFs, says BlackRock CIO

BlackRock CIO sheds light on the cautious Bitcoin ETF adoption by financial advisors amid market volatility and risk considerations.

By VIVIAN NGUYEN

Bitcoin battles to maintain $65,000, but market prospect remains positive

Jun. 14, 2024

Bitcoin battles to maintain $65,000, but market prospect remains positive

Bitcoin hovers near $65,000 despite a recent drop, as analysts predict a positive trend amid static US interest rates.

By GINO MATOS

Bitcoin’s delayed breakout signals a healthy bull market, suggests analyst

Jun. 14, 2024

Bitcoin’s delayed breakout signals a healthy bull market, suggests analyst

Analyst Rekt Capital views Bitcoin's consolidation as groundwork for a future bull market, in sync with historical trends.

By VIVIAN NGUYEN

Bitcoin set to reach $1M by 2033, forecast Bernstein analysts

Jun. 14, 2024

Bitcoin set to reach $1M by 2033, forecast Bernstein analysts

According to Bernstein, Bitcoin may reach $1 million by 2033, with MicroStrategy's strategic holdings poised to benefit.

By VIVIAN NGUYEN

MicroStrategy to expand Bitcoin stash with $500 million convertible notes offering

Jun. 13, 2024

MicroStrategy to expand Bitcoin stash with $500 million convertible notes offering

MicroStrategy announces a $500M convertible notes offering to finance additional Bitcoin acquisitions, highlighting its investment strategy.

By GINO MATOS

Bitcoin set to benefit whether FOMC cuts or holds rates: Bitfinex

Jun. 12, 2024

Bitcoin set to benefit whether FOMC cuts or holds rates: Bitfinex

Bitfinex analysts predict a favorable outcome for Bitcoin with either a rate cut or hold decision at today's FOMC meeting.

By GINO MATOS

Bitcoin potential upside muted by hedge funds shorting futures, Glassnode reports

Jun. 11, 2024

Bitcoin potential upside muted by hedge funds shorting futures, Glassnode reports

Cash-and-carry arbitrage strategies are impacting US Spot ETF inflows and the broader ETF market dynamics in our latest analysis.

By GINO MATOS