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Bitcoin (BTC)

ETF Recap: Bitcoin, Ethereum Funds See Best Inflow Week in Months

US investors showed increased demand for the spot Bitcoin ETFs during the entire trading week, with more than $1 billion entering the 11 such US-based funds. Interestingly, the interest for their spot Ethereum counterparts has also picked up, as they registered their second-best week since going live in July. Over $1B in Bitcoin ETFs in a Week CryptoPotato reported last weekend the growing net inflows into the spot Bitcoin ETFs, especially after the US Federal Reserve cut the...

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Spot Bitcoin ETF Options Could Attract Longer-Term Investors, But There’s a Catch: CryptoQuant

The United States spot Bitcoin exchange-traded fund (ETF) market is seeing a new wave of trading alternatives, including the availability of options. This latest move could attract liquidity and longer-term investors to the Bitcoin ecosystem, but it has a downside. According to a CryptoQuant report, the availability of options for spot Bitcoin ETFs could increase the paper supply of BTC, allowing investors to gain exposure to the leading digital asset without investing...

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Ripple (XRP) Soars to 7-Week Peak, Bitcoin (BTC) Calms Below $66K: Weekend Watch

Bitcoin’s price actions have calmed once again during the weekend, and the asset has retraced by a grand since the $66,500 peak registered earlier. Most altcoins have also corrected on a daily scale, aside from Ripple’s native token, which has soared past $0.62 for the first time since early August. BTC Falls Short at $66K Last weekend went in a similar fashion, as the largest digital asset slipped from $64,000 to around $63,000. However, it went on the offensive once again...

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Bitcoin meetup à Cernay (Haut-Rhin)

Le premier Bitcoin meetup de Cernay (organisé par @colmarbtc). Où ? – A l’Odysseo, Bar à jeux situé au 5 rue du Vieil Armand à Cernay (Haut-Rhin) Quand ? – Jeudi 3 octobre 2024 à partir de 20h00 En savoir plus : https://t.me/+pRiJcv5sNRE1YWE0 – https://x.com/colmarbtc

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BTC Price Analysis: Is Bitcoin Targeting $70K in the Short Term?

Bitcoin’s price has broken post a key level recently and is seemingly targeting a new all-time high in the short term. Technical Analysis By Edris Derakhshi (TradingRage) The Daily Chart On the daily chart, the price has finally broken above the $64K level and the 200-day moving average, which is located around the same mark. With the RSI also showing a clear bullish momentum, the cryptocurrency will likely continue its uptrend toward the $68K resistance zone in the short...

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Crypto-Friendly NYC Mayor Eric Adams Indicted in Corruption Probe

Federal prosecutors have indicted New York City Mayor Eric Adams following corruption investigations that have triggered the retirements and resignations of several members of his administration. Adams, a former police captain, made the headlines in 2021 when he pledged to take his first three paychecks in Bitcoin (BTC) when he became mayor. Charges Remain Unclear According to reports from the New York Times, it is still unclear what Adams is being charged with since the...

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Over 90% of BTC Holders in Profit as Bitcoin Price Surges Past $65K

Bitcoin’s price is on the run again, as the asset has jumped past $65,000 for the first time in a month. This has more than 90% of its holders in profit, which could actually mean danger for the largest cryptocurrency. Bitcoin is steadily climbing, and with it, the number of holders in profit. If $BTC breaks $65k, well over 90% of holders will be in profit; a level we last saw in July, when Bitcoin ultimately failed to reach a new high. The question now is: will this time be...

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Bitcoin Price Analysis: Is BTC Heading Toward $70K or $60K Next?

Bitcoin’s price is currently at a critical level, and its reaction will likely determine the mid-term trend of the entire crypto market. Technical Analysis By Edris Derakhshi (TradingRage) The Daily Chart On the daily chart, the asset has been rallying since it rebounded from the $52K support level and has broken both the $56K and $60K levels to the upside with momentum. However, the market has finally reached the 200-day moving average, which coincides with the key $64K...

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