The Spot Bitcoin ETFs have recently faced a significant decrease in demand, leading to considerable outflows on April 26. Farside Investors reported that on April 25 alone, these ETFs recorded $217 million in net outflows, with Grayscale’s Bitcoin Trust (GBTC) accounting for the majority of these outflows by investors moving $139.4 million out of the
Bitcoin
Peter Schiff, a prominent chief economist and Bitcoin critic, has recently issued a somber prediction regarding the world’s largest cryptocurrency. In a cautionary X post, Schiff emphasized the importance of Bitcoin maintaining its stronghold above the critical support level of $60,000. He warned investors of the potential repercussions should BTC drop below these key levels,
The recent Bitcoin halving event, which took place on April 20, 2024, has ignited a sense of hope in the cryptocurrency market. Following the halving, there was a brief period of uncertainty indicated by a drop in a key futures metric. However, overall market indicators are pointing towards a bullish trend gaining momentum. Analysts at
Bitcoin has experienced a wave of volatility leading up to the recent Halving event, but has managed to rebound successfully. The cryptocurrency has surged to the $66,000 mark, sparking optimistic forecasts from renowned crypto analysts regarding its trajectory in the coming months. Captain Faibik’s Bold Prediction Captain Faibik, a prominent cryptocurrency analyst and trader, has
The recent Bitcoin halving event has brought about significant changes in the cryptocurrency space. Bitfinex, a leading crypto platform, has conducted a thorough analysis of the market dynamics post-halving. The report released by Bitfinex on April 22 highlights some reassuring signs for investors, indicating that the market dynamics of BTC have remained positive despite the
The inclusion of Bitcoin futures in B3’s offerings has marked a significant milestone in the Brazilian stock exchange market. With the launch of Bitcoin futures on April 17, there has been a massive surge in demand from cryptocurrency enthusiasts to trade these new financial instruments. This article aims to delve into the impact of Bitcoin
After the recent Bitcoin halving event, market analysts and experts are now eagerly anticipating a potential bull run in the BTC market. One crypto analyst, known as ecoinometrics, has made a bold prediction regarding the future price of Bitcoin. According to ecoinometrics, if Bitcoin follows a similar growth pattern as seen in previous bull cycles,
Rekt Capital, a well-known crypto analyst, recently shared insights into the potential timeline for the next Bitcoin market peak. According to his analysis, Bitcoin typically reaches its bull market peak between 518 and 546 days following a Halving event. The upcoming Bitcoin Halving event is set to happen between today and tomorrow, April 20, but
The founder and managing partner of Skybridge Capital, Anthony Scaramucci, recently made a bold prediction regarding the future price of Bitcoin. He suggested that the cryptocurrency could potentially reach $200,000 following its upcoming halving event. This forecast comes at a time of significant volatility within the crypto markets, driven by geopolitical tensions and economic uncertainty.
The cryptocurrency market has been experiencing ongoing fluctuations, but amidst this volatility, the price of Bitcoin has surged by 1.7% in the past 24 hours, reaching above the $62,000 mark. This price increase has garnered attention, but cautionary warnings from CryptoQuant, a leading crypto analytics platform, signal that Bitcoin could face a significant downturn to