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Fidelity Sees Recent BTC Sales as Short-Term ‘Hangover’ Post-Spot Bitcoin ETF Launch

Jurrien Timmer, Fidelity’s Director of Global Macro, has expressed the view that the current trends in Bitcoin’s price suggest a short-term positioning adjustment rather than a long-term trend reversal in…

Continue ReadingFidelity Sees Recent BTC Sales as Short-Term ‘Hangover’ Post-Spot Bitcoin ETF Launch

Ethereum’s Market Dominance Over Bitcoin Surges Double Digits Amid ETF Approvals

Even with significant capital flowing into the recently introduced spot Bitcoin ETFs, the anticipated positive influence on BTC’s price is yet to materialize. Bitcoin experienced a decline of more than…

Continue ReadingEthereum’s Market Dominance Over Bitcoin Surges Double Digits Amid ETF Approvals

BlackRock’s Strategic Shift: 11,500 BTC Withdrawal Reflects Confidence in Bitcoin’s Value

The first batch of ETF approvals came in last week. In the aftermath, Synapse Network co-founder Paweł Łaskarzewski has shed light on BlackRock’s moves that have captured the crypto community. Within…

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Bitcoin Steals the Show With 98% of Weekly Inflows, Solana Trails Behind: CoinShares

Digital asset investment products experienced a $1.18 billion increase in inflows last week, according to CoinShares. This figure, however, did not surpass the previous high set in October 2021 when…

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