Bitcoin has been trading around $70,000 after a major retracement that dragged the leading crypto asset below $63,000 briefly. Despite a few flat trading sessions, data reveals that a pump could be in the offing that could further trigger a new wave of buying pressure. CryptoQuant’s latest analysis reveals a remarkable surge in USDC deposits, surpassing $1.4 billion on Coinbase. $1.4 Billion USDC Inflow Stablecoins serve as a bridge between traditional finance and the digital...
Read More »Bitcoin ETFs Witness 4th Consecutive Day of Surging Inflows, Amass 500K BTC Worth $35B
CoinspeakerBitcoin ETFs Witness 4th Consecutive Day of Surging Inflows, Amass 500K BTC Worth $35B Despite the uncertainty regarding Ethereum ETFs, the overall projection for Bitcoin is favorable. Bitcoin ETFs Witness 4th Consecutive Day of Surging Inflows, Amass 500K BTC Worth $35B
Read More »Here’s Why Bitcoin ETF Flows Will Continue for Years, According to Bitwise CIO
Matt Hougan, the CIO of the crypto index fund and asset management firm Bitwise, believes inflows into spot Bitcoin exchange-traded funds (ETFs) will continue for years as more investors and institutions adopt the products. In a tweet detailing his experiences during a 20-day road trip, Hougan said he met financial advisors who have already allocated 3% of their client’s portfolios to Bitcoin ETFs and those who have not nursed the thoughts at all, showing a gap in the...
Read More »Bitwise CIO Predicts Potential Trillion-Dollar Inflows into Bitcoin Spot ETFs
CoinspeakerBitwise CIO Predicts Potential Trillion-Dollar Inflows into Bitcoin Spot ETFs Hougan's bullish prediction is based on Bitcoin's impressive growth of nearly 300% over the past 15 months. Bitwise CIO Predicts Potential Trillion-Dollar Inflows into Bitcoin Spot ETFs
Read More »Bitcoin ETF Success in US Sparks Debate among Japan’s Crypto Exchanges
CoinspeakerBitcoin ETF Success in US Sparks Debate among Japan’s Crypto Exchanges US's success with Bitcoin ETFs challenges Japan's stricter regulations on crypto investment products. Bitcoin ETF Success in US Sparks Debate among Japan’s Crypto Exchanges
Read More »Asset Manager VSFG Joins Race for Spot Bitcoin ETF Approval in Hong Kong
CoinspeakerAsset Manager VSFG Joins Race for Spot Bitcoin ETF Approval in Hong Kong The prospect of spot Bitcoin ETFs gaining approval in Hong Kong represents a significant step toward the mainstream adoption of digital assets in the region. Asset Manager VSFG Joins Race for Spot Bitcoin ETF Approval in Hong Kong
Read More »Bitcoin Price Rally Past $70,000 Welcomes Record Capital Inflows Thanks to Spot BTC ETFs
CoinspeakerBitcoin Price Rally Past $70,000 Welcomes Record Capital Inflows Thanks to Spot BTC ETFs The Bitcoin market is expected to continue to grow and mature as more investors look for exposure to BTC through spot ETFs and other investment vehicles. Bitcoin Price Rally Past $70,000 Welcomes Record Capital Inflows Thanks to Spot BTC ETFs
Read More »Investor Hesitation Blamed as Crypto Investments See $942M Weekly Outflow: CoinShares
Investment products in digital assets witnessed a significant weekly outflow of $942 million, breaking the continuous seven-week streak of inflows reaching $12.3 billion. According to the CoinShares, this shift can be attributed to investor hesitation. Hesitant Investors Cause US ETF Inflows Dip The latest edition of Digital Asset Fund Flows Weekly Report revealed that the trading volumes in Exchange-Traded Products (ETPs) remained high and reached $28 billion for the week....
Read More »Bitcoin ETF Issuer WisdomTree Bags NYDFS License to Launch Crypto App
CoinspeakerBitcoin ETF Issuer WisdomTree Bags NYDFS License to Launch Crypto App WisdomTree intends to use the WisdomTree Digital Trust Company to provide products and services to institutions and commercial customers in the future. Bitcoin ETF Issuer WisdomTree Bags NYDFS License to Launch Crypto App
Read More »Bitcoin (BTC) Price Recovers But Danger Still Looms: QCP Capital
Bitcoin’s setback below $61,000 triggered a market-wide correction. Despite the inflow of fresh capital, the leading crypto asset registered 15% in weekly losses at one point after hitting new all-time highs earlier this month. QCP Capital’s analysis suggests that the Bitcoin bull market is far from over while simultaneously highlighting a continued liquidity rotation, which is likely to propel the asset to new highs post-halving. Having said that, a “violent” near-term...
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