In-depth cryptocurrency market analysis. Expert insights on Bitcoin, altcoin price trends, technical indicators, and data-driven market predictions.
"If there were no net inflows into the Grayscale Bitcoin Investment Trust (GBTC) fund on the 11th (local time), most of the ETF trading may have been out of GBTC into other ETFs with lower fees, and there may have been very little actual net inflows into the spot ETF," Nathan, Chief Strategy...
According to the 2023 Dapps Industry Report released by DAPP RADAR, a dapps market data platform, on the 11th (local time), "The number of unique active wallets using dapps grew 124% last year compared to the previous year. The average number of active wallets per day was about 4.2 million." Here...
According to The Block, JPMorgan has released a report stating that "the launch of a bitcoin spot ETF could attract up to $36 billion in inflows. It's not that big." "There is widespread optimism that the launch of a bitcoin spot ETF will result in a massive influx of new money into the crypto...
The U.S. Securities and Exchange Commission (SEC) today (Nov. 11) sought a court order for Ripple (XRP) to produce financial statements for 2022 and 2023, as well as contracts for the sale of XRP to institutions (from the time of the SEC filing), Cryptoslate reports. The deadline is set for the...
The saying goes. Buy on the rumor, sell on the news", although of course, you should follow your heart... Jan Van Eck, CEO of US asset manager VanEck, told CNBC: "Investing in bitcoin using dollar cost averaging (a popular accumulation approach to asset management) has always proven to be a...
"On Tuesday (local time), the SEC approved the listing and trading of a number of bitcoin spot exchange-traded products (ETPs)," U.S. Securities and Exchange Commission Chairman Gary Gensler announced on the SEC's official website. "The SEC is acting within the law and consistent with how the...
In today's article, we take a look at the SEC's BTC ETF approval mishap starting at 6:00 AM ET as an hourly event. The BTC and ETH prices presented are taken from charts on the OKX crypto exchange. sec x btc etf approval (SpotedCrypto) 06:11 am. SEC official X (Twitter) tweets. Approves all BTC...
Crypto data provider Alternative's self-assessed 'Fear-Greed Index' rose five points from the previous day to 76. The rebound in sentiment has moved the index from greed to extreme greed. This is the first time the index has moved to extreme greed since November 2021. The index indicates extreme...
"Bitcoin is topping out now," said CNBC Mad Money host Jim Cramer, according to WatchGuru. In the stock and crypto community, Jim Cramer is mocked as a "human indicator" for his contrarian market predictions.
"EU (European Union) investors will not be able to invest in a BTC spot ETF, even if it is approved in the U.S. Instead, there are Bitcoin ETP/ETC products in Europe," said Patrick Hansen, head of EU regulation at USDC Issuer Circle. However, even the largest fund size is only €1 billion. In...
Eric Balchunas, a Bloomberg ETF analyst, said of the analysis. In this regard, he added: "If GBTC's conversion to a spot ETF is successful along with all the issuers that have applied for a bitcoin spot ETF, a full-scale battle for market share will begin. However, the high management fee of 1.5%...
Jamie Coutts, a crypto market analyst at Bloomberg Intelligence, told X: "The media has attributed bitcoin's 150% rise over the past year to anticipation of a spot ETF launch. However, BTC's network fundamentals, along with new use cases like inscription, are the strongest they've been since the...