Tag: btc

Bitcoin (BTC), Asian Equities May Be Losing Capital to China Stocks

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“The current surge in Chinese stocks, driven by the stimulus package and investor activity during the national holiday week, represents a calculated risk-reward trade for savvy investors. Even with a 3-5% cost to convert [stablecoin] USDT into equities, the potential upside of 50-70% makes this a strategic move,” Danny Chong, co-founder of multi-staking protocol and co-founder of Digital Assets Association Singapore, told CoinDesk in an email. Original

Bitcoin Price Fall Increases Buying Momentum, Pushes Exchange BTC Balances To 6-Year Lows

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Este artículo también está disponible en español. Following a major price decline in Bitcoin (BTC), market sentiment dropped back to strong levels of fear, indicating that investors are becoming increasingly cautious and risk-averse. Despite this trend, on-chain data analytics provider CryptoQuant has revealed a significant increase in BTC buying momentum, resulting in the Bitcoin balances on various exchanges dropping to six-year lows.  Related Reading Bitcoin Reserve On Exchanges Sees Sharp Plunge  With ongoing market volatility and the recent decline in Bitcoin, on-chain data has identified a significant shift in the…

BTC and ETH ETFs Post Positive Inflows Despite GBTC, ETHE Losses

On Friday, the 12 U.S. s pot bitcoin exchange-traded funds (ETFs) experienced positive inflows, totaling $25.59 million. Concurrently, the nine spot ether ETFs garnered a combined $7.39 million in inflows during the day’s trading session. Bitcoin ETFs Rebound With $25.59M Inflows, Ether Funds Add $7.39M Both bitcoin and ethereum ETFs showed positive growth on Friday, […] Source CryptoX Portal

Market Signals Hint At Bitcoin (BTC) Fall To $52,000—Analyst

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Este artículo también está disponible en español. The Bitcoin market is grappling with mixed predictions, fueled by both technical analysis and external factors like geopolitics. Political turmoil has hurt Bitcoin before. When tensions grow, cryptocurrency prices fall, unlike gold, market analysts say. Related Reading Bitcoin shot down to about $59,000 as the Middle East’s crisis worsened, and then recovered somewhat, but continuing volatility is probably in the cards. In spite of this uncertainty, CoinCodex’s latest BTC price prediction offers a huge 40% gain in the price of the crypto asset,…

BOB (“Build on Bitcoin”) Announces Integration of One-Click BTC Staking into the Everstake platform

Integration of the BOB Stake SDK will allow Everstake to offer their retail and institutional users access to Bitcoin staking with just one click LONDON, Oct. 3, 2024 /PRNewswire/ — BOB (“Build on Bitcoin“), a first-of-its-kind hybrid Layer-2 combining the best of both Bitcoin and Ethereum, announced that Everstake, a leading blockchain service provider focused on staking, is bringing the BOB Stake one-click Bitcoin staking solution to the Everstake platform. This collaboration will provide up to 900,000 retail and institutional users secure and simple access to Bitcoin staking. The integration…

Spot ETH and BTC ETFs Hit by Withdrawals, Losing $54.13M and $3.2M Respectively

The latest figures reveal that 12 U.S. spot bitcoin exchange-traded funds (ETFs) faced $54.13 million in net outflows on Thursday. Similarly, nine spot ether ETFs weren’t spared, as they saw $3.2 million pulled from their funds. Crypto ETFs Face More Losses On Oct. 3, 2024, the nine spot ethereum ETFs posted losses after enjoying gains […] Source BitcoincryptoexchangeExchanges CryptoX Portal

Bitcoin Price (BTC) Gains 0.2% While Ether Price (ETH) Drops 1.4%, XRP Plunges 9.2%

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