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Next Bitcoin Halving to Propel Prices to Between $150,000 and $169,000, Says Bitfinex

A new analysis by Bitfinex researchers predicts a 160% surge in bitcoin’s price in the upcoming 12-14 months, potentially reaching over $150,000 per unit. This forecast, derived from historical data…

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GBTC Drops Nearly 3,000 BTC in a Day as Blackrock, Fidelity Command Record Inflow Streaks

Recent market data highlights that spot bitcoin exchange-traded funds (ETFs) in the United States experienced a net outflow of $223.8 million on April 8, while Grayscale’s Bitcoin Trust (GBTC) saw…

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10 US Bitcoin ETFs Amass Over 519,000 BTC, With Blackrock Leading at 50.81%

The latest data reveals that Blackrock’s spot bitcoin exchange-traded fund (ETF) has increased its bitcoin portfolio, now encompassing 263,937.48 bitcoins valued at $17.88 billion. Spot Bitcoin ETF Reserves Reach New…

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China’s Largest Fund Managers Eye Spot Bitcoin ETFs in Hong Kong’s Financial Markets

Two of China’s largest fund management firms have recently been reported to be filing applications for spot bitcoin exchange-traded funds (ETFs), according to regional sources on Monday. Harvest Global Investments…

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Bitcoin Technical Analysis: BTC Eyes Previous Zeniths With Renewed Vigor

On April 8, 2024, bitcoin reached an impressive 24-hour peak of $72,573, marking a significant uptrend. With a 24-hour trading volume of $29.64 billion and a market capitalization soaring to…

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Is It Time for Altcoins to Shine? Analyst Predicts Shift in Crypto Dynamics

Throughout this week, while bitcoin and ethereum have been consolidating, vibrant discussions about the elusive ‘Altcoin Season’ have intensified across forums and social media platforms like X. Some anticipate that…

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South Korea’s Crypto Market Continues to Defy Global Trends With Premium Prices

Metrics reveal that cryptocurrency premiums in South Korea consistently outpace the global average. As of now, bitcoin exchanges hands at $69,245 per piece globally, while on the South Korean platform…

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Market of ‘Extreme Greed’ Persists Amid Unprecedented June Bitcoin Perpetual Futures Sell-Off

In the past 24 hours, the cryptocurrency market experienced a modest increase of 2.16% against the U.S. dollar, with bitcoin’s value lingering slightly above the $69,000 threshold. The Crypto Fear…

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Miners Offload Bitcoin in Anticipation of Reward Halving, Says Cryptoquant

Data from Cryptoquant indicates that bitcoin miners have been offloading their assets in anticipation of the upcoming Bitcoin network halving, slated to take place in two weeks. Cryptoquant highlighted a…

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