Bitcoin Exchange Deposits Stay Low: Whales Not Selling?

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On-chain data shows the Bitcoin exchange inflows have remained low recently, a sign that the whales have been disinterested in selling. Bitcoin Inflows For Binance & OKX Have Stayed Low Recently As pointed out by CryptoQuant founder and CEO Ki Young Ju in a post on X, the BTC deposits for cryptocurrency exchanges Binance and […]

Hong Kong Set To Greenlight Bitcoin And Ether ETFs By Monday

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Hong Kong is on the cusp of approving its first spot Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds (ETFs) with potential final approvals as early as Monday, according to Bloomberg, citing two people familiar with the matter. This move positions Hong Kong as a pivotal player in the Asian cryptocurrency market and underscores its ambition […]

Grayscale CEO Reveals When GBTC Fees Will Go Down Amid Concerning Outflows |

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Grayscale’s Chief Executive Officer (CEO) Michael Sonnenshein recently revealed when his company will reduce fund fees for the Grayscale Bitcoin Trust (GBTC). His statement comes amid concerns about outflows from the fund, which have continued to overwhelm the Bitcoin ecosystem.  GBTC Fees Will Drop When This Happens According to a Cointelegraph report, Sonnenshein mentioned during […]

Bitcoin At A Discount: Whales Continue To Gobble Up Every Price Dip |

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Despite already possessing more Bitcoin than over half the crypto community, numerous BTC whales continue to rapidly acquire the cryptocurrency. Thus, taking advantage of any slight dips in its price as buying opportunities to purchase and HODL the pioneer cryptocurrency.  Whale Appetite For Bitcoin Continues To Grow Usually, it might appear that investors with minimal […]

US CPI Comes In Hot: What This Means For Bitcoin And Crypto

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The latest Consumer Price Index (CPI) figures released by the United States have exceeded expectations, signaling a robust inflationary trend that could significantly influence the Federal Reserve’s forthcoming monetary policy decisions. The Bitcoin and crypto markets reacted with a swift downtrend. The BTC price initially dropped by 2.7%, falling below $67,200. Altcoins have reacted even […]

Bitcoin ETF Outflows Nearing Equilibrium: Grayscale Chief

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The Grayscale Bitcoin Trust (GBTC) appears to be approaching a critical balance point after a period of significant outflows, according to Michael Sonnenshein, CEO of Grayscale Investments. In an exclusive interview with Reuters on the latest episode of Inside ETFs, Sonnenshein delved into the challenges and transformations faced by the GBTC. Grayscale Investments has been […]

Bitcoin Trading At A Huge Discount: This Pre-Halving Dip Last Chance To Buy?

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Bitcoin is changing hands at around a three-week high when writing following refreshing gains on April 8. With the coin trading higher and above previous resistances, now support, analysts on X are upbeat.  In a post, one analyst said the recent dip before the upcoming Halving could be the final fire sale of 2024 before ordinary […]

Crypto Expert Says Bitcoin Price Is Set To Double, Here’s Why |

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A crypto analyst has forecasted that Bitcoin, the world’s largest cryptocurrency, will double in price in the coming months.  Bitcoin Price Displays Rare Technical Pattern In a recent X (formerly Twitter) post, a crypto analyst and Bitcoin enthusiast identified as ‘TechDev’ disclosed a rare technical pattern observed in BTC’s price movements. Sharing a price chart […]

Bitcoin Gives Mixed Signals: Here Are Key Events To Watch Out For This Week |

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Bitcoin (BTC) is back below $70,000 after momentarily rising above this psychological price range on April 7. This price action suggests that the bears are still in control, which could remain the case throughout this week. As the tug of war continues, here are some key events to watch out for.  Is The Pre-Halving Retrace […]

BlackRock’s Bitcoin ETF Broadens Reach, Securing 5 New Wall Street Banking Giants As APs |

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In recent times, the increasing appeal of Bitcoin (BTC) among asset managers and traditional finance (TradFi) institutions has gained significant attention, particularly with the notable success of Bitcoin ETF products offered by industry leaders like BlackRock, Grayscale, and Fidelity.  This success has prompted more Wall Street banking institutions to eagerly enter the newly approved ETF […]

Bitcoin Bullish: Accumulation Addresses Continue Buying Big

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Bitcoin on-chain data shows the so-called “accumulation addresses” have been buying large amounts of the cryptocurrency this month. Bitcoin Accumulation Addresses Have Seen Large Inflows Recently As analyst Ali pointed out in a new post on X, Bitcoin accumulation addresses have been observing inflows recently. The “accumulation addresses” here refer to the wallets of the […]

Bitcoin ETF: Morgan Stanley “Salty” As UBS Joins The Race

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Institutional interest and adoption significantly increased after Spot Bitcoin ETFs (exchange-traded funds) were approved in the US. As a result, Morgan Stanley and UBS have entered a race to add crypto products to their platforms. Morgan Stanley Meets Competition As reported by Bitcoinist, the news was broken by crypto commentator Andrew from Arch Public on […]