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

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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 |

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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 |

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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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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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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: […]

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

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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 |

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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 |

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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 […]

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 […]