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The recent launch of Ethereum Exchange-Traded Funds (ETFs) on July 23 has infused a new optimism into the cryptocurrency market. Generating over $1 billion in trading volume on their first day, these ETFs mark a significant…
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Crypto investors had a reason to smile last week as Bitcoin (BTC) prices returned to the $67K range. The increase in BTC price was driven by the positive inflows of BTC ETFs for 11 consecutive days.…
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The world was shocked by the events experienced by US Presidential Candidate Donald Trump during a campaign in Milwaukee, where Trump’s ear was injured by a bullet. Surprisingly, this event had a positive impact on the…
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Hitting its lowest point since February at $55,000, Bitcoin’s price faces headwinds from the Fed’s reluctance to cut rates, declining ETF inflows in the US, and recent actions by Mt. Gox and the German government. Check…
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Bitcoin (BTC) has been quite dull throughout June 2024, dominated by bearish sentiment. However, this phase can actually be quite positive for investors who want to continue building their BTC portfolio. Technically, BTC still appears bearish…
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Following the Federal Reserve’s (Fed’s) decision to halt interest rate cuts and the German government’s $325 million BTC sell-off, which contributed to BTC prices hovering around $64,000, the crypto market continued to come under immense pressure…
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The Federal Open Market Committee’s (FOMC) decision to hold interest rates steady sent shockwaves through the crypto market. Bitcoin (BTC) plummeted to $66K, dashing investor hopes for a rate cut that would have boosted the entire…
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Bitcoin (BTC) surged to $71,000 again on June 5, fueled by the highest inflow of US spot Bitcoin ETF funds since March 2024, reaching $880 million. Overall, the crypto market sentiment remains bullish, with investors anticipating…
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After experiencing a decline in April, Bitcoin (BTC) closed May with a notable monthly gain of 10.69%. A significant driver of this positive trend was the launch of the Ethereum (ETH) Exchange-Traded Fund (ETF). But what…
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Last week, the crypto market was taken by surprise when the U.S. Securities and Exchange Commission (SEC) approved an ETH (Ethereum) Exchange-Traded Fund (ETF). This approval led to a significant increase in the price of ETH,…
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Crypto investors celebrated as Bitcoin (BTC) surged above $67k after weeks of hovering around $60k. The rise was driven by predictions of lower interest rates and positive inflows into the US Bitcoin Spot ETF on May…
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Over the past three weeks or so, Bitcoin (BTC) has been consistently hovering around the $60,000 price mark. Recently, a Bitcoin ETF began trading in Hong Kong, with a combined inflow of BTC ETF funds totaling…
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Bitcoin (BTC) has experienced considerable volatility in recent weeks, influenced by a range of negative sentiments including Fear, Uncertainty, and Doubt (FUD) stemming from news about the former Binance CEO CZ receiving a four-month prison sentence,…
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Despite the recent optimism surrounding Bitcoin, its price has shown little movement after a week since the halving event. It currently sits around $60,000. A contributing factor could be the lack of investment in Bitcoin Spot…
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Last Friday, the much-anticipated Bitcoin halving finally took place. This marked the fourth halving for the Bitcoin network, reducing the block reward for miners from 6.25 Bitcoin to 3.125 Bitcoin. However, this event happened amidst an…