On Friday, U.S. spot bitcoin exchange-traded funds (ETFs) amassed inflows of $376.59 million, while spot ether funds raked in $83.76 million. Crypto ETFs Continue to Shine Throughout the week, the 12 spot bitcoin ETFs saw steady inflows daily, culminating in Friday’s impressive $376.59 million haul. Leading the charge was Blackrock’s IBIT, bringing in $257.03 million, […] Original
Bitcoin has set a new all-time high (ATH) beyond the $104,000 mark during the past day, but on-chain data shows investors are still unwilling to sell. Bitcoin Exchange Netflow Has Remained Negative During Latest Rally As explained by an analyst in a CryptoQuant Quicktake post, Bitcoin has continued to leave exchanges recently. The on-chain metric of relevance here is the “Exchange Netflow,” which, as its name suggests, keeps track of the net amount of BTC that’s entering into or exiting out of the wallets attached to centralized platforms. When the…
Asset managers are turning to new derivatives-based Bitcoin ETFs to help cautious investors navigate the crypto’s notorious price swings. U.S. asset managers have filed plans with regulators to launch Bitcoin (BTC) exchange-traded funds that use derivatives to eliminate or at least minimize potential losses in an effort to attract cautious investors seeking exposure to the crypto market with reduced risk. According to a Financial Times report on Monday, Dec. 2, the proposals include a range of “buffered” and “managed floor” strategies, which reduce risks by protecting investors from big losses…
Bitcoin’s astronomical price rise shows the coin is now coasting along at $97,227 per coin on Sunday, Dec. 1, 2024, at 11:57 a.m. With a $100,000 milestone in sight, it’s been sparking questions about its appeal—or lack thereof—among retail investors. The Gold Standard Trap: Bitcoin’s Struggle With Retail Appeal Bitcoin (BTC) has reached unprecedented heights, […] Original
Robert Kiyosaki warns bitcoin will soon surpass $100,000, urging investors to buy now before the middle class is permanently priced out by the ultra-rich. ‘Bitcoin Will Soon Break $100,000,’ Robert Kiyosaki Urges Investors to Buy Now Rich Dad Poor Dad author Robert Kiyosaki is back with more advice, advocating for gold, silver, and bitcoin as […] Original
Ethereum (ETH) is once again in the news, but this time it’s good news for buyers. Recent data shows that over 90% of Ethereum users are now making money because the price of the cryptocurrency has risen to impressive levels. According to IntoTheBlock, this upward trend is the best time in five months for people who own ETH to make profits. Inspired by Bitcoin’s comeback above $96,000, the token jumped to $3,680, its biggest level since June. While Bitcoin cleared the path, Ethereum’s momentum is clearly seen since it broke…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Bitcoin dips as investors shift focus to three rising altcoins gaining traction, according to Santiment’s latest report. Bitcoin‘s price has slipped, prompting investors to explore other options. Santiment reports that three altcoins are gaining significant attention in the crypto market. As the leading cryptocurrency faces challenges, these alternative assets are rising in prominence. Discover which digital coins are attracting investors and why they are standing out during Bitcoin’s downturn.…
Bitcoin retail investors have yet to reach fear of missing out levels, according to Ki Young Ju, the founder and CEO of CryptoQuant. Young Ju shared this perspective as Bitcoin (BTC) fell below $92,000, continuing its decline from near $100,000 last week. The CryptoQuant CEO highlighted that recent retail trading behavior has not shown signs of panic or excessive excitement. “Bitcoin retail investors aren’t in FOMO yet,” the analyst posted on X. “This indicator is based on the surge in trading count across all exchanges, tickers, and markets (spot and…
Mad Money host Jim Cramer has picked bitcoin over Microstrategy’s stock (MSTR), calling the cryptocurrency “a winner.” Jim Cramer Picks Bitcoin Over Microstrategy’s Stock Jim Cramer, host of CNBC’s Mad Money, shared his insights on bitcoin and Microstrategy’s stock (Nasdaq: MSTR) during his show’s Lightning Round segment this week. Cramer is a well-known TV host, […] Original
Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more…