Crytocurrency
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Market Analysis -
3 months ago
In an exclusive interview with Colin Butler, Global Head of Institutional Capital at Polygon Labs, Butler brings a unique and informed perspective to the table, discussing various pivotal aspects shaping the future of blockchain and cryptocurrency. T...
Crytocurrency
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Market Analysis -
3 months ago
One of the most common comparisons we’ve seen concerning the launch of spot Bitcoin ETFs in the United States is the one with the launch of the first gold ETF (GLD) in 2004. Interestingly, comparing the two asset classes’ premieres throug...
Crytocurrency
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Market Analysis -
3 months ago
Inflows into crypto-related investment products soared to more than $1 billion last week as investors piled in for the newly launched spot Bitcoin exchange-traded funds (ETF) in the U.S.
In its latest weekly report, CoinShares disclosed a notable upt...
Crytocurrency
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Market Analysis -
3 months ago
Bitcoin (BTC) fell below $42,000 for the second time over the weekend after failing to break above $43,100 amid subdued trading volumes after the ETF hype at the end of last week.
As of press time, BTC was trading at $41,870 on most of the large exch...
Crytocurrency
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Market Analysis -
3 months ago
Bitcoin (BTC) prices fell significantly on Jan. 12 as Bitcoin ETFs headed into the weekend after their first two days of trading on U.S. markets.
The price of Bitcoin fell as low as $41,730 at 10:25 p.m. UTC on Friday, marking a 24-hour loss of appro...
Crytocurrency
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Market Analysis -
3 months ago
Grayscale has begun moving Bitcoin out of its trust and sending it to Coinbase as of 2 p.m. GMT, Jan. 12. A total of 4,000 BTC (roughly $200M) has been sent as of press time, with all Bitcoin going to Coinbase Prime, one of the key participants in th...
Crytocurrency
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Market Analysis -
3 months ago
Bitcoin (BTC) experienced significant volatility following the launch of the first spot BTC exchange-traded funds (ETFs) in the United States.
BTC surged above the $49,000 threshold, marking its highest level since December 2021, immediately after th...
Crytocurrency
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Market Analysis -
3 months ago
On a sure-to-be historic day for Bitcoin, I spent the morning looking back at historical data to see how impactful the first Gold ETF was at the time. We’ve seen plenty of analysts, including our own, talk about how Gold ETFs changed the landsc...
Crytocurrency
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Market Analysis -
3 months ago
Ethereum’s value against Bitcoin has dropped to historical lows as market anticipation grows for an imminent launch of a spot exchange-traded fund in the U.S.
Data from Paris-based crypto intelligence platform Kaiko showed that the ETH/BTC rati...
Crytocurrency
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Market Analysis -
3 months ago
The price of Bitcoin (BTC) surpassed $47,100 on Jan. 8 amidst expectations of spot Bitcoin ETF approvals over the coming days.
Bitcoin was priced at $47,162 at 7:15 p.m. UTC. At the time, its market cap is roughly $918 billion.
The latest high repres...
Crytocurrency
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Market Analysis -
3 months ago
Bloomberg analyst Eric Balchunas posited whether crypto exchanges would be forced to revisit their pricing structures should a spot Bitcoin ETF be approved, given the seemingly low fees charged by some of the most prominent players.
However, regardin...
Crytocurrency
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Market Analysis -
3 months ago
Bitcoin’s potential surge could unseat Elon Musk as the world’s wealthiest individual and create new billionaires and the first trillionaires in the world, considering the massive amounts of BTC some whales hold, according to analysis by...
Crytocurrency
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Market Analysis -
3 months ago
Betting odds on Polymarket concerning the approval of pending spot Bitcoin exchange-traded funds (ETFs) briefly fell to 70% on Jan. 3.
On whether a spot Bitcoin ETF will be approved by Jan. 15, Polymarket displayed a “yes” outcome as pric...
Crytocurrency
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Market Analysis -
3 months ago
Major crypto-centric firms are off to a robust start in the new year, marked by significant market trading upticks in their shares amid Bitcoin’s rally above $45,000.
According to Yahoo Finance data, leading crypto companies like Coinbase, Micr...
Crytocurrency
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Market Analysis -
3 months ago
The cryptocurrency market kicked off the new year slowly as over 99,000 traders were liquidated of approximately $225 million within the past day.
Data from Coinglass shows that traders betting on further price increases bore the brunt of the losses,...