Bitcoin Spot ETFs Record 17 Straight Inflow Days, Reaching $15.3B Year-To-Date
Bitcoin spot exchange-traded funds (ETFs) continued their impressive streak of net inflows on June 5, attracting a total of $488 million. What Happened: This marks the 17th consecutive day of positive
Bullish factors are "gathered together"? Billionaire investors speculate that by the end of the year, bitcoin could break through $100,000!
Novogratz said that the political resistance is decreasing, which is a positive factor for cryptos.
Bitcoin has surged 154% in a year! Spot ETF approved to meet institutional investor demand.
More importantly, the approval of bitcoin ETFs in the spot market may have a greater impact in the future.
Express News | Bitcoin has surged 154% in one year. The approval of spot ETF releases the demand for institutional investors.
Bitcoin ETFs Set for New Wave of Adoption as Marathon Digital Sells Portions of Its Mined Coins
Marathon Digital sold a large portion of its Bitcoin mined in May.
A series of bullish news is helping USA regain dominance in the cryptos market.
From a series of record-breaking bitcoin ETFs, to looser regulatory institutions, expanding political donations, and crypto supporter Trump becoming a strong contender for president, signs of a recovery in the US crypto market are suddenly everywhere.
Bitcoin Spot ETFs Record $887M Inflow On Wednesday, Second-Highest Ever
Bitcoin spot ETFs on June 4 recorded a net inflow of $887 million, marking the second-highest single-day net inflow in history.Grayscale, Fidelity, And BlackRock Lead The ChargeGrayscale's Bitcoin Inv
With increased expectations of interest rate cuts, bitcoin has risen back above $70,000.
Due to the unexpected decrease in job vacancies in April's JOLTs report in the USA, boosting investors' expectations of interest rate cuts this year, Bitcoin has once again broken through the $70,000 mark and has seen a continuous increase for the fifth consecutive trading day.
Express News | Galaxy Digital CEO: Bitcoin is expected to rise to $100,000 or higher by the end of 2024.
Bitcoin Could See Higher Volatility Spike If a New All-time High Is Reached
Bitcoin long-term holders are still holding onto a large portion of unrealized profit
JOLTs 'ignites' expectations of a rate cut in September! Bitcoin 'enthusiastically responds', approaching 71,000 ETF inflows indicate increased investor interest.
On Tuesday (June 5th), during the American market trading session, the price of Bitcoin (BTC) trended upward. Prior to this, the latest data from the US Bureau of Labor Statistics showed that the number of job vacancies in the US in April fell to the lowest level since February 2021. The data, which was lower than expected, indicates further cooling of the labor market from the hiring boom that occurred when the US economy reopened after the COVID-19 pandemic, which strengthened hopes of a possible interest rate cut as early as September. Bitcoin responded to the report by rising sharply, briefly surpassing $70,500 and currently reporting at $70,749.22, with an intraday increase of 2.81%.
Will the European Central Bank's interest rate cut benefit bitcoin?
It is expected that the European Central Bank (ECB) will lower interest rates by 0.25% to 4.25% on June 6th. This interest rate cut may boost investors' interest in risk assets such as bitcoin. Bitfinex derivatives director Jag Kooner said: "It is expected that the European Central Bank will cut interest rates next week to stimulate economic growth. Lower interest rates typically weaken the euro and increase liquidity, which can boost risk assets including bitcoin."
Cryptocurrency trading volume surges by 86.4% and prices soar, jpmorgan reveals the truth behind it.
According to JPMorgan's strategist, retail investors returned to the crypto market after a pause in April, driving popular cryptos like bitcoin and ethereum to multi-week highs.
US Bitcoin ETFs Cap $170M Inflow Week As Australia Welcomes First Spot Bitcoin ETF
Bitcoin (CRYPTO: BTC) ended last week on a high, with a total net inflow of $48.738 million on May 31, bringing the total net inflow for the week to $170.9 million.What Happened: saw an outflow of $12
Express News | Bitcoin hit an upward trend of 68,000 US dollars/coin and rose 0.33% during the day.
Cathie Wood Of Ark Invest Believes Ethereum ETF Approval Linked To US Politics, Sees Likelihood Of A Solana ETF As Well
ARK Invest CEO Cathie Wood has stated that cryptocurrency has become a significant political issue in U.S. elections, leading to the unexpected approval of key Ethereum (CRYPTO: ETH) ETF filings.What
Will the US “directly” offer Bitcoin spot trading? The president of the New York Stock Exchange sent a big signal...
The president of the New York Stock Exchange revealed that if the regulatory situation becomes more clear, they will consider directly offering cryptocurrency spot trading.
BlackRock's IBIT Topples GBTC as the World's Largest Bitcoin Fund
Express News | The New York Stock Exchange collaborates with CoinDesk Index to launch a financial product that tracks Bitcoin's spot price
Cryptocurrency expert: ETF approval will trigger a large-scale bull market, and Ether may soar 500% this cycle
On Tuesday (May 28), SynFutures CEO Rachel Lin said that positive reviews of spot Ether ETFs will drive up prices. Lin anticipates that the price of Ether may reach $15,000 to $22,500 during this cycle, which means that the price of Ether will rise by more than 500% from current levels.