BlackRock’s Bitcoin ETF Nears New Record With 69-Day Inflow Streak | Bitcoinist.com

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Bitcoin, bitcoin ETF, Bitcoin ETF filings, Bitcoin ETF Market, Bitcoin ETF news, bitcoin ETFs, Bitcoin News, bitcoin price, BlackRock Bitcoin ETF, btc, btc price, btcusd, BTCUSDT, Crypto, Crypto News, cryptocurrencies, Cryptocurrency, DeFi, digital currency, Grayscale Bitcoin ETF, Grayscale GBTC, Grayscale news

The Bitcoin ETF market has witnessed a notable inflow streak, with BlackRock’s iShares Bitcoin Trust ETF (IBIT) leading the race. Since gaining approval from the US Securities and Exchange Commission (SEC) on January 10, the ETF market has experienced over three months of trading.  However, BlackRock stands out as the frontrunner, boasting an impressive inflow […]

BREAKING: Bitcoin Halving 2024 Is Complete! Here’s What To Expect | Bitcoinist.com

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Bitcoin, Bitcoin Halving, bitcoin price, Breaking News, btc price, BTCUSDT

Bitcoin has now successfully undergone its fourth halving event, with miners’ block rewards slashed in half again (from 6.25 to 3.125 BTC). The Bitcoin halving (also called “the halvening”) is programmed to happen every 210,000 blocks – approximately every four years. With miners set to receive 50% fewer BTC, the rate of Bitcoin creation will […]

Komodo CTO Warns That Bitcoin Is Becoming Too Centralized, Here’s Why | Bitcoinist.com

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Bitcoin, Bitcoin News, bitcoin price, btc, BTC news, btc price, btcusd, BTCUSDT

Kadan Stadelmann, the Chief Technology Officer (CTO) of Komodo, an open-source technology workshop, has raised concerns about the increasing centralization of the world’s largest cryptocurrency, Bitcoin. Stadelmann asserts that the rising centralization poses a threat to the fundamental principle of BTC as a decentralized digital currency.  Centralization Poses Existential Threat To Bitcoin According to Stadelmann, a […]

Hong Kong’s Bitcoin ETFs To Attract $1 Billion: Bloomberg

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Bitcoin, Bitcoin ETF Hong Kong, Bitcoin News, bitcoin price, btc, btc price, china, hong kong, Spot Bitcoin ETFs

Hong Kong is poised to become a leader with its new spot Bitcoin and Ether Exchange Traded Funds (ETFs), but how can they fare up against their US peers which have drawn more than $28 billion in the first three months? Bloomberg ETF analyst Eric Balchunas has updated his projections, now estimating these ETFs could […]

Demand For Spot Bitcoin ETFs Stagnate For 4 Straight Weeks: More Pain For BTC HODLers?

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Bitcoin, Bitcoin News, bitcoin price, btc, btc price, BTCUSDT, GBTC, Spot Bitcoin ETFs

Despite the active on-chain accumulation, demand for Bitcoin exchange-traded funds (ETFs) in the United States appears to have stagnated over the past four weeks, according to Ki Young Ju, the founder of CryptoQuant, an on-chain analytics platform. This assessment, the founder notes, is even when excluding ETF settlement transactions.  Netflows into spot Bitcoin ETFs | Source: […]

Bitcoin Whales Calm Amid Market Panic, Holdings Stay Strong

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Bitcoin, Bitcoin Bearish, Bitcoin Bearish Price Action, Bitcoin News, bitcoin price, Bitcoin Price Action, Bitcoin Whale Accumulation, bitcoin whales, btc, btcusd

On-chain data shows the Bitcoin whales have continued to hold onto their coins despite the fact that BTC has gone through bearish action recently. Bitcoin Whales Have Participated In Net Accumulation Since March 1st As explained by the on-chain analytics firm Santiment in a post on X, the large BTC holders in the market haven’t […]

Germany’s Largest Federal Bank To Offer Crypto Services

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Bitcoin, bitcoin price, btc, Crypto, Crypto News, Ethereum, Germany, Germany LBBW, Largest German Federal Bank, LBBW

Landesbank Baden-Württemberg (LBBW), the largest federal bank in Germany with total assets of €333 billion, has announced a strategic partnership with Bitpanda Technology Solutions, a leading European crypto platform. This collaboration is set to launch in the second half of 2024, introducing cryptocurrency services to LBBW’s corporate clients. Major German Bank Enters Crypto As part […]

Hong Kong’s Approval Of Spot Bitcoin And Ethereum ETFs Triggers Crypto Market Recovery | Bitcoinist.com

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Bitcoin, Bitcoin News, bitcoin price, btc, BTC news, btc price, btcusd, BTCUSDT, Ethereum

On Monday, the Hong Kong Securities and Futures Commission (SFC) announced that it had approved a number of Spot Bitcoin and Ethereum ETFs for trading. This decision has been a long time in the making and has been expected by all in the crypto community. As expected, the announcement turned out to be bullish for […]

Why Bitcoin Price Dropped Below $67,000, According To Blockchain Firm | Bitcoinist.com

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Bitcoin, Bitcoin News, bitcoin price, btc, btc price, BTCUSDT, Federal Reserve, Santiment

The cryptocurrency market experienced a sudden and sharp downturn on Friday, April 12, which saw the Bitcoin price and the value of other large-cap assets take severe hits. The price of Bitcoin, which has been mostly moving sideways over the past few days, fell below the $67,000 mark for the first time in more than […]

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

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Bitcoin, bitcoin ETF, Bitcoin News, bitcoin price, btc, BTC news, btc price, btcusd, BTCUSDT, ETF, ETF news, spot Bitcoin ETF

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 | Bitcoinist.com

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Bitcoin, Bitcoin News, bitcoin price, btc, BTC news, btc price, btcusd, BTCUSDT

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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Bitcoin, Bitcoin News, bitcoin price, Crypto, Crypto News, Fed, US CPI, US Inflation data

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 […]