Investor hesitancy continued as digital asset investment products witnessed a modest sum of $126 million in outflows last week. This reluctance could potentially be due to the stall in positive price trends. While trading volumes increased slightly from $17 billion to $21 billion compared to the previous week, activity in ETP/ETFs decreased relative to the […]
The bull market euphoria appears to have come to a screeching halt as the crypto market correction continues and digital assets keep dumping. On April 16, prominent market analyst “Cold Blooded Shiller” told his 269,000 followers on X that Bitcoin is “still the cloud that hangs over crypto.” BTC has retreated 15% from its March […]
Crypto markets have been battered over the past week but started to show signs of recovery during the Monday morning trading session in Asia. However, another busy economic calendar week lies ahead and political tensions in the Middle East have escalated so investors may seek flight to safe-haven assets. Markets will also focus on earnings, […]
While the past several weekends went quite calmly for Bitcoin and the entire crypto market, this time, things are significantly different. Whether propelled by yesterday’s announcements by a few presidents of the US Federal Reserve or today’s reports of Iran preparing an attack against Israel, the reality is that BTC’s price has tumbled hard, and […]
The cryptocurrency market is known and critiqued (by some) for its enhanced volatility, a good example of which it witnessed in the past 12 hours or so when prices tumbled, leaving nearly $1 billion in liquidations. Bitcoin was among the least affected assets, but its price still tumbled from around $71,000 to $65,000 before it […]
American author and financial educator Robert Kiyosaki has voiced his agreement with a $2.3 million per Bitcoin (BTC) prediction that Cathie Wood’s asset management firm Ark Invest made earlier this year. According to his tweet, Kiyosaki believes Wood’s predictions because he trusts her opinion, she is smart, and BTC has the potential to become worth […]
There are roughly 21,000 Bitcoin options contracts due to expire on Friday, April 12. These have a notional value of around $1.5 billion, which is slightly higher than last week’s expiration event. Additionally, crypto markets have been relatively stable this week, with total capitalization hovering at just over $2.7 trillion, and Bitcoin is dominating market movements. […]
The boss of America’s largest crypto mining firm, Marathon, said that spot Bitcoin ETF approvals had brought forward what would otherwise have been the post-halving rally. “I think the ETF approval, which has been a huge success, has attracted capital into the market and essentially brought forward what could have been the price appreciation we […]
Monday, April 8, saw an aggregate outflow of $224 million from the newly launched eleven spot Bitcoin ETFs, according to preliminary data from Farside Investors. This reverses four days of inflows, during which a total net of $570 million flowed into the institutional investment products. This week’s outflow was again exacerbated by Grayscale, which saw […]
Bitcoin’s price recovery continues as the asset jumped to over $69,000 and came close to challenging $70,000 hours ago. This price fluctuation comes amid increased activity from large BTC investors, according to on-chain data. BTCUSD. Source: TradingView The first whale move was observed by several on-chain data providers, such as Lookonchain and Whale Alert. The […]