Blackrock’s spot bitcoin exchange-traded fund (ETF) set a new daily trading volume record after bitcoin hit $89,000 for the first time. Bitcoin ETFs Continue to Set New Records With bitcoin hitting new all time highs on a daily basis, bitcoin ETFs have experienced the same boom with lots of new capital pouring in. The biggest […] Original
As bitcoin prices continue to reach new highs, the prices of related spot exchange-traded funds (ETFs) have surged significantly. According to the Hong Kong Stock Exchange, the three spot Bitcoin ETFs listed in Hong Kong recorded a trading volume of over HK$120 million last week, marking a remarkable increase of more than 55% compared to […] Original
Bitcoin almost hit the $90,000 mark earlier today and became the eighth-largest asset in the world. Bitcoin (BTC) reached an all-time high of $89,604 earlier today as the broader crypto market enjoyed impressive gains — the global crypto market cap also hit an ATH of $3.11 trillion. Following the rally, Bitcoin’s market cap surged to $1.77 trillion, surpassing silver’s $1.7 trillion value, and sitting close to the $1.8 trillion market cap of Saudi Aramco, a national Saudi Arabian petroleum and gas company. One reason was the $1.1 billion net inflows…
“Assets in the US spot bitcoin ETFs are now up to $84b, which is 2/3 of the way to what gold ETFs have, all the sudden there’s a decent shot they surpass gold before their first birthday (we predicted it would take 3-4yrs),” Eric Balchunas, a senior analyst at Bloomberg, said in a post on X. Original
U.S. Spot Bitcoin ETFs continued their inflow streak on Nov. 11, recording the second time daily inflows surpassed $1 billion this month. Since the start of November, a total of $4.96 billion has flown into Bitcoin ETFs according to SoSoValue data. The recent uptick in demand followed Donald Trump’s victory in the U.S. elections which has sparked market-wide optimism across the broader sector. BlackRock’s IBIT led the market on Monday, drawing $756.4 million in new investments and extending its three-day streak of positive inflows, while also setting a record with…
Bitcoin’s rally after the U.S. elections continues as the total crypto market cap reaches a new all-time high. Bitcoin (BTC) reached an ATH of $89,604 early on Tuesday with a market value of $1.77 trillion. The leading crypto asset saw a gentle drop as long-term holders started to make movements. BTC is trading at $88,400 at the time of writing. Its daily trading volume keeps growing — currently at $133 billion. BTC price, dormant circulation and MVRV ratio | Source: Santiment According to data provided by Santiment, Bitcoin’s two-year dormant…
The volatility caused nearly $700 million in liquidations on crypto-tracked futures, impacting both longs and shorts (or bets on higher and lower prices, respectively), with $380 million in bearish traders and $290 million in bullish bets evaporated. Such cumulative losses are the highest since early April, when BTC briefly crossed its previous peak at over $73,000. Original
Este artículo también está disponible en español. Ethereum price started a fresh increase above the $3,120 resistance. ETH is showing positive signs but struggling to catch up Bitcoin’s momentum. Ethereum started a fresh increase above the $3,000 resistance zone. The price is trading above $3,120 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $3,230 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to rise if it clears the $3,350 resistance. Ethereum Price Eyes Steady Increase…
Bitcoin’s new all-time high has ignited fear of missing out (FOMO) among investors, driving speculation on how high it could soar before any realities dampen the momentum. Bitcoin’s Unstoppable Climb Ignites FOMO Across Global Markets Bitcoin has reached a new all-time high, spurred by investor enthusiasm and a wave of “fear of missing out” (FOMO) […] Original
Bitcoin is on the cusp of $100,000, driven by Trump’s pro-crypto agenda, which Devere CEO Nigel Green says could catalyze record-breaking growth and mainstream adoption for the digital asset. BTC on the Edge of $100K — A New Record-Breaking Chapter Begins Bitcoin is poised to reach $100,000 following President-elect Donald Trump’s win, driven by his […] Original