Tag: Bitcoin

What Does a 60/40 Portfolio Look Like if We Add Bitcoin (BTC) to the Mix, It Becomes a Lot Better: Van Straten

For equities, Curvo chose iShares Core MSCI World UCITS ETF USD in the MSCI World Index and for the bonds, they take Xtrackers Global Sovereign UCITS ETF 1C EUR hedged in the FTSE World Government Bond – Developed Markets index. Since the beginning of 2014, an initial investment of euro 10,000 ($10,500) investment would have returned just above euro 20,000 ($21,000), essentially doubling in 10 years. Which seems like good returns. Source

Bitcoin mining protocol Prosper bags token funding from BIT Mining

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Decentralized protocol Prosper secures investment from BIT Mining as it expands its solution to include institutional-grade Bitcoin mining and liquidity farming. Prosper, a decentralized protocol bridging Bitcoin (BTC) mining to the blockchain by providing hashrate-backed tokens representing live Bitcoin mining power, has announced that BIT Mining has made a strategic investment in its native token, PROS. In a blog announcement on Nov. 14, Prosper said the investment represents โ€œanother significant validationโ€ of its thesis by institutional backers. โ€œThis investment reinforces the credibility and viability of Prosperโ€™s new strategic vision,โ€ the…

Bitcoin open interest hits an ATH of $55.7b: here’s what to expect

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Bitcoinโ€™s open interest in futures markets recently reached an all-time high amid the latest market upsurge that has seen the asset claim new price peaks. The Bitcoin (BTC) OI has spiked to $55.7 billion, indicating a massive increase in trading activity and investor interest, according to the data aggregator Coinglass. This latest surge follows a previous slump to $26.65 billion on Aug. 6. BTC open interest | Source: Coinglass CME accounts for most of this figure, holding about 32.3% of the total Bitcoin futures OI with 197,620 BTC, valued at…

Bitcoin Crosses $93,000 โ€“ Is There More Room for Gains or Are We Nearing a Peak?

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Este artรญculo tambiรฉn estรก disponible en espaรฑol. Bitcoin has continued with its strong bullish momentum, trading at highs that have never before been seen. Today, the asset has achieved a new all-time high of roughly $93,477. This ATH was achieved not long ago following an earlier dip today to $85,000. However, at the time of writing, BTC has seen a slight pullback, now down 0.5% from its peak to currently trade at $92,544, albeit still up 5.6% in the past day. Related Reading Bitcoin Finally At Its Peak? Amid the…

Bitcoin (BTC) Traders Make $100K Price Bets Through CME Options as Price Hits Record High: CF Benchmarks

According to CF Benchmarks, traders are flocking to the $100,000 call option on the CME, a location favored by institutional investors, following the lead of their Deribit-based counterparts. A call option gives the purchaser the right, but not the obligation, to purchase the underlying asset at a predetermined price on or before a specific date. A call buyer is implicitly bullish on the market. Source CryptoX Portal

Bitcoin ETFs see record trading volume amid BTC all-time high

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Spot Bitcoin exchange-traded funds in the United States continued their positive inflow streak for the sixth consecutive day, recording net inflows of $510.11 million on Nov. 13 as Bitcoin surpassed $93,000 for the first time. According to data from SoSoValue, the 12 spot Bitcoin ETFs logged net inflows of $4.73 billion over the six straight days of trading ending on Nov. 13. BlackRockโ€™s IBIT led the group for the fifth consecutive day on Thursday with inflows of $230.81 million. Notably, IBIT has seen over $29.15 billion in net inflows since…

Bitcoin surpassed $93k after CPI report; here are 2 more macro events to watch

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Bitcoin made an impressive run after the U.S. Consumer Price Index report came as expected. But two more key events could add to the positive sentiment this week. Bitcoin (BTC) reached a new all-time high of over $93,400 hours after the U.S. CPI report was released on Wednesday. The inflation rate in the largest economy in the world increased by 0.2% year-over-year in October and reached 2.6% as expected. ๐Ÿšจ BREAKING ๐Ÿšจ US CPI DATA CAME IN AT 2.6% EXPECTATIONS: 2.6% โ€” Ash Crypto (@Ashcryptoreal) November 13, 2024 The global…

Bitcoin Price Could Peak In 200 Days, Before US Recession In Mid-2025, Report Says

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Este artรญculo tambiรฉn estรก disponible en espaรฑol. The current Bitcoin (BTC) rally could extend until mid-2025, with a potential price peak before a US recession. Bitcoin Could Peak In Mid-2025 Before US Recession A recent Copper Research report, a recentย crypto research firm, positsย that the leading cryptocurrency by market cap could extend its bullish momentum until mid-2025.ย  Related Reading As of November 13, Bitcoin is on day 555 of its current market cycle, and a price peak for the digital asset could arrive within the next 200 days. Notably, this peak…