In-depth cryptocurrency market analysis. Expert insights on Bitcoin, altcoin price trends, technical indicators, and data-driven market predictions.
BlackRock's BTC Spot ETF (IBIT) saw net outflows of $36.9 million in one day (local time), reports X, citing Treenews. This is the first net outflow since IBIT launched in January. Meanwhile, BTC fell below $57,000, according to Coinness Market Monitor. On Binance's USDT market, BTC is trading at...
Bitcoin (BTC), which has fallen below the $60,000 mark, may be headed for another decline. On Monday (local time), investment bank Standard Chartered predicted that BTC could fall to $50,000 to $52,000. The decline is expected to be driven by a combination of crypto-specific factors and macro...
Cointelegraph lists three signs that the Bitcoin (BTC) price may be nearing a bottom, including These are: easing market uncertainty after the Fed rate announcement, weak miner selling even after the halving, and rising demand for stablecoins in China. “Market uncertainty was somewhat eased after...
Crypto data provider Alternative's self-estimated “Fear-Greed Index” fell 11 points from the previous day to 43. The index moved from neutral to fear as sentiment worsened. The index indicates extreme fear in the market, with readings closer to zero indicating extreme fear, and readings closer to...
Solana's SOL coin, a strong competitor to Ethereum (ETH), has lost more than 12% of its value in a week and is trading below $140 as of today (May 30). The fifth-largest cryptocurrency by market capitalization, SOL was trading at $137.77 as of 8:43 a.m. ET, down 12.47% from a week ago on...
Hong Kong Ethereum ETF issuer China Asset Management (华夏基金, ChinaAMC) held a press conference to announce that “we expect the trading volume of our cryptocurrency spot ETF, the first of its kind to trade in Hong Kong, to exceed the US record ($1.25 billion) on its first day of trading,” according...
MicroStrategy (NASDAQ ticker: MSTR), the largest single holder of BTC outside of Bitcoin spot ETFs, reported its first quarter earnings, revealing that the company's Bitcoin impairment loss for the period was $191 million, according to CoinDesk. Impairment losses are the difference when the price...
According to DL News, Nate Geraci, CEO of US ETF specialist ETFstore, recently commented on the recent net outflows from Bitcoin spot ETFs, “Bitcoin ETFs are still in the early stages of adoption. Financial institutions are not even allowing brokers to recommend bitcoin spot ETFs. It's a slow...
Users of decentralized cryptocurrency betting platform Polymarket are giving former Binance CEO Zhao Changpeng a 96% chance of being released from prison within two years, according to Coindesk. The odds are 42% that he will serve less than six months in prison, 17% for 6-11 months, and 19% for...
Citing data from Glassnode, crypto media outlet Cryptoslate reports that “wallets holding 0.01-0.1 BTC have seen a distinct increase in the volume of holdings during Bitcoin's recent short-term correction. This suggests that retail (individual) investors have become more active in buying,” the...
Michael Saylor says he hasn't met anyone who has spent 100 hours studying Bitcoin. On April 29, Michael Sailer shared a video with X explaining how his views on Bitcoin change depending on the number of hours he has studied it. “You can't be critical of Bitcoin if you've only studied it for 100...
“The Australian Securities Exchange (ASX), which handles about 80% of Australia's stock trading, is expected to approve the launch of the country's first bitcoin spot ETF within the year,” Bloomberg reports, citing unnamed sources familiar with the matter. “ETF issuers including VanEck Australia...