Tag Archives: Market News

CoinspeakerGold Set to Hit $2,200 with Silver Expected to Rise When Federal Reserve Begins Cutting Rates, Says UBS A UBS strategist says that both gold and Bitcoin will benefit from the Fed when the agency decides to cut interest rates. Gold Set to Hit $2,200 with Silver Expected to Rise When Federal Reserve Begins Cutting Rates, Says UBS

CoinspeakerBlackRock’s BTC ETF Outpaces Grayscale’s GBTC on This Front Fidelity’s Wise Bitcoin Fund (FBTC) and BlackRock’s IBIT have posted $6 billion in cumulative inflows in the past three weeks. BlackRock’s BTC ETF Outpaces Grayscale’s GBTC on This Front

CoinspeakerSpot BTC ETFs Are Bullish despite US Fed’s ‘Hawkish’ Stance Spot BTC ETFs enjoy bullish momentum based on consecutive cumulative net inflows despite BTC's short-term pullback after the US Fed’s rate decision. Spot BTC ETFs Are Bullish despite US Fed’s ‘Hawkish’ Stance

CoinspeakerBlackRock Proposes Bitcoin ETF Ads on Former Banks Ads for BlackRock’s Bitcoin ETF will be projected onto closed bank buildings, as per a new filing. The ads will show major milestones in the financial world, including the creation of Bitcoin. BlackRock Proposes Bitcoin ETF Ads on Former Banks

CoinspeakerUS Bitcoin ETFs Attract $255 Million in Investments While Grayscale's GBTC saw outflows running in millions on Monday, companies like BlackRock and Fidelity received a combined net inflow of $406 million on the same day. US Bitcoin ETFs Attract $255 Million in Investments

CoinspeakerInvesco, Galaxy Cut Fees on Spot Bitcoin ETF in Bid to Attract Investors This fee war started before spot Bitcoin ETFs were approved, with issuers lowering their costs even then. Invesco, Galaxy Cut Fees on Spot Bitcoin ETF in Bid to Attract Investors

CoinspeakerCrypto Community Awaits Bitcoin ETF Ads as Google Updates Its Policies Bitcoin ETFs may see massive inflows from Google's high transaction processing capability. Crypto Community Awaits Bitcoin ETF Ads as Google Updates Its Policies

CoinspeakerJPMorgan: GBTC Profit-Taking Is Likely Over as Bitcoin Recovers Slightly The JPMorgan analysts highlighted BlackRock and Fidelity Investment’s spot Bitcoin ETFs as emerging competitors to GBTC. JPMorgan: GBTC Profit-Taking Is Likely Over as Bitcoin Recovers Slightly

Since the launch of the BTC ETFs last week, the industry has recorded a significant inflow of BTC products compared to other ETFs in the market. Cryptocurrency exchange Bybit said on Tuesday that the recent approval of the first spot Bitcoin (BTC) exchange-traded funds (ETFs) in the United States represents a “watershed moment” for retail investors. On January 10, 2024, the Securities and Exchange Commission (SEC) granted approval to 11 prominent financial companies, including Grayscale...

While being bullish on Bitcoin ETFs for the long term, Arthur Hayes expressed bearish sentiments on Bitcoin in January, anticipating a short-term correction of up to 30% in prices. In a recent post on Tuesday, Arthur Hayes, Chief Investment Officer of the family office Maelstrom and former CEO of BitMEX, delves into the allure of Bitcoin (BTC) for investors, citing market inefficiency and its uncorrelated behavior with traditional assets as key factors attracting billions in capital from...