Hong Kong’s Harvest Fund Management Seeks Spot Bitcoin ETF Approval
The primary focus continues to be on spot Bitcoin ETFs and Hong Kong players do not want to be left behind. Harvest Fund Management’s Hong Kong branch is the latest…
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The Good and the Bad: Bitcoin ETFs Attracted Billions Last Week but Other Digital Assets Saw Outflows
There was a notable decrease in investments in digital assets, with over $2 billion withdrawn from Grayscale alone last week, according to CoinShares’ latest report. Meanwhile, the newly introduced US…
Big Deal for Bitcoin? Google Updates Policies to Allow Specific Crypto Ads
On Monday, January 29, Google is set to update its advertising policies to allow select cryptocurrency products to be promoted on its main search engine. The revised guidelines are expected…
Bitcoin Pushes Above $42K as Grayscale Outflows Slow
According to CC15Capital, which has been trading spot ETF Bitcoin holdings, around 134,000 BTC has been bought by the nine newly launched funds since Jan. 11. Meanwhile, Bitcoin’s price is…
What Needs to Happen for Bitcoin to Mark a Local Bottom? CryptoQuant Reports
Analysts at market intelligence platform CryptoQuant have revealed that BTC’s price bottoming signal can not be triggered until unrealized profit margins for short-term holders reach -10%. According to the CryptoQuant…
Bitcoin Could Retest Support at $36K as ETF Hype Fades and Selling Pressure Increases
According to a Matrixport Research analysis report shared with CryptoPotato on Jan. 26, Bitcoin prices may retest lower support around $36,000 to $38,000 if ETF hype fully unwinds. However, this…
Here’s How Much Outflow Grayscale’s GBTC Recorded in the Past 7 Days
The Grayscale Bitcoin Trust (GBTC) has recorded massive outflows since the United States Securities and Exchange Commission (SEC) approved its conversion and listing as a spot Bitcoin exchange-traded fund (ETF).…
ETF Anticipation Ends in ‘Sell-the-News’ Slump for BTC, ETH Sees a Notable Boost: Glassnode
Bitcoin’s value dipped below $39,000 this week, erasing almost all gains made in the last two months, which were fueled by expectations of approval for a spot BTC ETF in…
Crypto Exec Links Market Sell-Off to Overblown Bitcoin ETF Expectations
Bitwise’s Chief Investment Officer, Matt Hougan, has pointed to excessive expectations surrounding the approval of Exchange-Traded Funds (ETFs) as the primary cause of the recent price falls in cryptocurrencies. Contrary…
JPMorgan Analyst Downgrades Coinbase, Citing Bitcoin Price Decline
Last year, the value of Coinbase Global Inc. shares experienced a significant increase, partly fueled by optimism surrounding the imminent launch of spot bitcoin ETFs. However, JPMorgan analyst Kenneth Worthington…
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