Michael Saylor, MicroStrategy’s co-founder and executive chairman, said in a recent interview that the demand for Bitcoin coming from the recently listed spot Bitcoin exchange-traded funds (ETFs) is tenfold the supply available from natural sellers, who are miners. Saylor believes the ETFs are supporting the surge in the Bitcoin price since there is an imbalance in the crypto’s supply. Demand for Bitcoin Products is 10x the Supply In an interview with CNBC, Saylor noted that...
Read More »Cathie Wood Doubts SEC Approval for Crypto ETFs Beyond Bitcoin and Ethereum
Cathie Wood, founder of ARK Investment Management, has expressed skepticism regarding the Securities and Exchange Commission’s (SEC) stance on approving spot exchange-traded funds (ETFs) following cryptocurrencies beyond Bitcoin and Ethereum. Wood’s sentiment was echoed in her recent remarks on WSJ’s Take On the Week podcast: “We’d be surprised to see anything but Bitcoin and Ether being approved by the SEC.” Franklin Templeton Joins the ETF Race This sentiment follows...
Read More »Meetup Bitcoin à Monteux
Pas de présentations, ni de structure, mais des échanges autour d’un verre avec des passionnés et nouveaux venus. Meetup ouvert à tous. Où ? – Au Café de Paris, 22 Bd de Verdun à Monteux Quand ? – Mercredi 14 février à partir de 18h30 En savoir plus : https://twitter.com/BitcoinVaucluse ...
Read More »Crypto Fear and Greed Index Soars to Highest Level Since Bitcoin’s ATH in 2021
The Crypto Fear and Greed Index, a tracking tool for market sentiment in crypto, has surged as high as 79 out of 100, hitting a level not seen since Bitcoin peaked at $69,000 in November 2021. The increase, observed on February 13, comes as Bitcoin surpassed the $50,000 mark a day earlier. Crypto Fear and Greed Index Hits ‘Extreme Greed’ For the first time in more than two years, the Crypto Fear and Greed Index is in the “extreme greed” zone, which happens when the value of...
Read More »Will BTC Soar to an All-Time High in February Following 13% Weekly Push? (Bitcoin Price Analysis)
Bitcoin’s price has finally created a new higher high, following weeks of consolidation and correction. This has caused many investors to believe that a new all-time high will be created in the upcoming months. Technical Analysis By TradingRage The Daily Chart On the daily chart, the price has broken above the key $48K resistance level after a previous rejection. Bitcoin is currently targeting the $52K resistance level in the short term. Meanwhile, the Relative Strength...
Read More »XRP Price Surges to $0.53 amid Legal Battle and Broader Market Rally
CoinspeakerXRP Price Surges to $0.53 amid Legal Battle and Broader Market Rally As the overall market conditions got significantly bullish today, XRP broke out from the falling channel pattern. XRP Price Surges to $0.53 amid Legal Battle and Broader Market Rally
Read More »Over $200 Million Liquidated as Bitcoin (BTC) Price Dumps Almost $2K
Bitcoin’s price suffered a substantial correction today, a day after it finally broke above the coveted $50,000 line. This has resulted in a large number of liquidated traders, as well as over $200 million of wrecked positions on a daily scale. BTCUSD. Source: TradingViewAfter a positive last week, in which BTC soared from $43,000 to over $48,000, the asset had a relatively quiet weekend, standing at around the latter. Monday started with a minor retracement that drove the...
Read More »Bitcoin Price Reclaims $50K Again, but It’s Different This Time as Macro Factors Have Changed
CoinspeakerBitcoin Price Reclaims $50K Again, but It’s Different This Time as Macro Factors Have Changed Bitcoin price has registered more bullish sentiments before halving this cycle than any other in the past. Bitcoin Price Reclaims $50K Again, but It’s Different This Time as Macro Factors Have Changed
Read More »Umoja Releases Beta of Its Crypto Hedging Solution
CoinspeakerUmoja Releases Beta of Its Crypto Hedging Solution At present, Umoja only supports CeFi-based hedging, but with v2 of its beta, it will turn its attention to DeFi. Umoja Releases Beta of Its Crypto Hedging Solution
Read More »Bitcoin Spot ETFs Record Explosive Net Inflows of Nearly $500M for Yesterday as BTC Price Breaks $50,000
CoinspeakerBitcoin Spot ETFs Record Explosive Net Inflows of Nearly $500M for Yesterday as BTC Price Breaks $50,000 The inflow recorded by spot Bitcoin ETFs nearly surged to $500 million yesterday, as the price of Bitcoin hit a level not seen for 2 years. Bitcoin Spot ETFs Record Explosive Net Inflows of Nearly $500M for Yesterday as BTC Price Breaks $50,000
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