CoinspeakerCrypto Investment Products Record Highest Inflows in 5 Weeks The United States recorded the highest crypto investment inflows, totaling $135 million. Crypto Investment Products Record Highest Inflows in 5 Weeks
Read More »Bitcoin’s Kimchi Premium Dips by 1.54% amid Market Fluctuation
CoinspeakerBitcoin’s Kimchi Premium Dips by 1.54% amid Market Fluctuation This current drop in the Bitcoin Kimchi Premium comes as trading volumes on South Korea’s top five crypto exchanges plummet. Bitcoin’s Kimchi Premium Dips by 1.54% amid Market Fluctuation
Read More »Second Daily Outflows Witnessed by Hong Kong’s Bitcoin Spot ETFs since Launch
CoinspeakerSecond Daily Outflows Witnessed by Hong Kong’s Bitcoin Spot ETFs since Launch In a similar manner to the Hong Kong spot Bitcoin ETFs, their US counterparts also experienced a net outflow of $11.29 million on Thursday. Second Daily Outflows Witnessed by Hong Kong’s Bitcoin Spot ETFs since Launch
Read More »ESMA Considers Adding Crypto to €12T Investment Market, Seeks Expert Opinion
CoinspeakerESMA Considers Adding Crypto to €12T Investment Market, Seeks Expert Opinion ESMA wants feedback by August 7, 2024, about whether UCITS can include assets other than traditional stocks and bonds. ESMA Considers Adding Crypto to €12T Investment Market, Seeks Expert Opinion
Read More »JPMorgan: SEC’s Wells Notice to Robinhood Won’t Obstruct Approval of Spot Ethereum ETFs
CoinspeakerJPMorgan: SEC’s Wells Notice to Robinhood Won’t Obstruct Approval of Spot Ethereum ETFs The JPMorgan analysts believe the US SEC will establish a middle ground between security and commodity for Ethereum, thus leading to imminent approval of spot ETFs. JPMorgan: SEC’s Wells Notice to Robinhood Won’t Obstruct Approval of Spot Ethereum ETFs
Read More »Hong Kong Bitcoin ETFs See First Outflows Since Launch
Hong Kong’s Bitcoin ETFs experienced their first setback after launching on April 30, following their first cumulative daily BTC outflows on Monday. The outflow came from the China Asset Management Bitcoin ETF, while the other Hong Kong-based products had no flows. Hong Kong ETFs See Modest Inflows According to Farside data, the China AMC Bitcoin ETF saw an outflow of $4.9 million on Monday. In contrast, the other Bitcoin and Ethereum ETFs in Hong Kong reported “zero” flows...
Read More »South Korea’s Newly Elected Party to Fulfill Election Promise with Bitcoin ETF Review Request
CoinspeakerSouth Korea’s Newly Elected Party to Fulfill Election Promise with Bitcoin ETF Review Request During the campaign, the Democratic Party of Korea promised to allow trading and listing of spot ETFs in the country to entice young voters to participate in the election. South Korea’s Newly Elected Party to Fulfill Election Promise with Bitcoin ETF Review Request
Read More »Grayscale (GBTC) Sees 5% Jump after $17.46B Consecutive Outflow
CoinspeakerGrayscale (GBTC) Sees 5% Jump after $17.46B Consecutive Outflow The recent influx of $63 million offers a glimmer of hope for the Grayscale Bitcoin Trust. This positive trend coincides with a broader upswing in the cryptocurrency market. Grayscale (GBTC) Sees 5% Jump after $17.46B Consecutive Outflow
Read More »Bernstein’s Bitcoin Price Prediction of $150K Reaffirmed by Analysts
Analysts at investment research firm Bernstein have reaffirmed their prediction that bitcoin (BTC) would hit $150,000 in this bull cycle despite the asset’s retracement in recent weeks. According to a recent report, Bernstein analysts Gautam Chhugani and Mahika Sapra said Bitcoin metrics show the network is in a healthy cycle still in its early stages. Notwithstanding the latest dip, the leading cryptocurrency is far from done. Bernstein Reiterates BTC $150K Prediction...
Read More »Bitcoin Price Rebounds Above $65k Amid Heightened Greed
CoinspeakerBitcoin Price Rebounds Above $65k Amid Heightened Greed The recent Bitcoin price rise above $65K has carried with it the altcoin market led by Solana, Toncoin, and Avalanche, among others. Bitcoin Price Rebounds Above $65k Amid Heightened Greed
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