Month: January 2025

JPMorgan Predicts $14 Billion Inflows For Proposed Crypto ETFs If Approved By US SEC

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Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five years of extensive research and unwavering dedication, he has cultivated a profound interest in the world of cryptocurrencies. Ronaldo’s journey began with a spark of curiosity, which soon transformed into a deep passion for understanding the intricacies of this groundbreaking technology. Driven by an insatiable thirst for knowledge, Ronaldo has delved into the depths of the crypto space, exploring its various facets, from blockchain fundamentals to market trends and investment strategies. His tireless exploration…

Last Dip For Altcoins? Expert Predicts Final Correction Before Bull Market Resurgence

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Este artículo también está disponible en español. As the cryptocurrency market grapples with a broader decline, altcoins have faced significant challenges, with Ethereum (ETH) leading the way with losses nearing 20%.  This drop comes after Ethereum’s repeated failures to break through the crucial resistance level of $4,000, a barrier that has proven formidable in recent months also preventing the cryptocurrency to reach new record levels as Bitcoin (BTC) did to close 2024. Mid-Cycle Correction For Altcoins: A Path To Recovery? Market expert Ash Crypto has recently offered insights in a…

Osprey Funds to convert Bitcoin Trust into ETF as Bitwise acquisition talks end

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United States-based Osprey Funds is gearing up to convert its Bitcoin trust into an exchange-traded fund after an acquisition deal with Bitwise fell through. The investment management firm said in a Jan. 14 statement that it would file a Form S-1 with the U.S. Securities and Exchange Commission “as soon as practicable” to convert the Osprey Bitcoin Trust (OBTC) into an ETF. Launched in February 2021, OBTC offers investors exposure to Bitcoin without the complexities of direct investment, such as managing wallets or keys. The fund carries a management fee…

Thailand SEC considers green lighting Bitcoin ETFs as active crypto accounts near 300k

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Thailand regulators are considering approval for exchange-traded funds that invest directly in Bitcoin for the first time in history in order to boost the nation’s budding crypto sector. According to a Bloomberg report published on Jan. 15, the Thailand Securities and Exchange Commission might allow Bitcoin ETFs to list on local exchanges for the first time as the country attempts to keep up with other countries like Singapore, Hong Kong and the U.S. in terms of developing its cryptocurrency sector. As of Nov. 30, 2024, data from the Thailand SEC…

5 Top Crypto Presales Analysts Are Watching in January 2025

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The crypto market has entered 2025 with a bullish momentum, fueled by a number of global developments. Recently, Bitcoin touched the $100K mark for the first time, driven by the appointment of Paul Atkins, a pro-crypto advocate, as SEC Chair under the Trump administration. This move marks a significant regulatory shift towards fostering innovation in the digital asset market in the US. As the bull run market continues, the Crypto Market Sentiment Index climbed to 63, which reflects the growing optimism of investors. Popular altcoins like XRP and Solana closely…

Bitcoin ETFs continue to see outflows while Ether ETFs rebound

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Spot Bitcoin exchange-traded funds in the United States recorded their fourth consecutive day of outflows on Jan. 14, while Ethereum ETFs shifted to inflows. According to data from SoSoValue, the 12 spot Bitcoin ETFs logged $209.82 million in net outflows on Tuesday, extending their outflow streak to four days, during which over $1.2 billion exited the funds. The majority of outflows on the day came from BlackRock’s IBIT, which logged an outflow of $219.48 million, followed by Bitwise’s BITB, which saw an outflow of $8.93 million. WidomTree’s BTCW managed to…

Crypto Options Exchange Deribit Is Evaluating Buyout Offers

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Deribit, a major venue for trading cryptocurrency options, is reviewing offers from potential acquirers, according to a Bloomberg report. The American crypto giant Kraken expressed interest in acquiring the options trading platform but did not proceed further. The exchange could be valued between $4 billion and $5 billion. “Not Been Put Up for Sale” Although Deribit has not disclosed any plans for a sale, it acknowledged receiving investment interest. “In short, Deribit has not been put up for sale,” Deribit stated to the publication. “Over time, we have received interest…

ETH Recovers From Drop, Analyst Points At 2021 Rally

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Este artículo también está disponible en español. After Monday’s drop, Ethereum (ETH) fell below key support levels and hit its lowest price since November. Nonetheless, several market watchers remain bullish, predicting a massive rally for the cryptocurrency this quarter. Related Reading Ethereum Drops To Two Month Lows Ethereum started the week with a significant correction, falling from the weekend range to its lowest price in two months. Over the weekend, Ethereum hovered between $3,200 and $3,340 after recovering from last week’s lows. Amid this performance, crypto analyst Ali Martinez pointed…

Analyst Says Bitcoin Fun Will Begin When This Flip Happens

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An analyst has explained how a crossover between these two Bitcoin metrics would have to happen before the ‘fun’ can begin for the asset. Bitcoin Realized Price Is Yet To Flip 200-Week MA In a new post on X, analyst James Van Straten has discussed about the Realized Price and 200-week moving average (MA) for Bitcoin. The “Realized Price” here refers to an on-chain indicator that, in short, keeps track of the cost basis or acquisition price of the average investor on the BTC network. When the spot price of…

Dogecoin (DOGE) Finds Its Footing: Bulls Regain Traction

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Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…