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Bitwise CIO Predicts Bitcoin Bull Market Won’t End Early — Expects an ‘Everything Season’

The chief investment officer at Bitwise Asset Management has explained why the current bitcoin bull market differs from prior bull markets. He doesn’t expect the bull market or the alts…

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New Bitcoin ETFs and Grayscale Control a Combined 4% of BTC Supply, Valued at $53 Billion

The latest figures reveal that the nine new spot bitcoin exchange-traded funds (ETFs) now control 390,525.3 bitcoins, valued at just over $26 billion at current market rates. These nine ETFs…

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Bitwise CIO Says Bitcoin Could Top $200K This Year Citing ‘Too Much Demand, Not Enough Supply’

Bitwise’s chief investment officer says bitcoin price could surge above $200K this year due to a “massive supply-demand dynamic,” emphasizing that “there’s too much demand and not enough supply” for…

Continue ReadingBitwise CIO Says Bitcoin Could Top $200K This Year Citing ‘Too Much Demand, Not Enough Supply’

Bitcoin Price Could Hit $250,000 ‘Sooner’ Than Expected, Says Bitwise CEO

The chief executive of Bitwise Asset Management expects the price of bitcoin to hit $250,000 sooner than most people would imagine. Moreover, he believes that bitcoin is going to eat…

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Spot Bitcoin ETFs Surge to $14.6 Billion in BTC Holdings 43 Days Post-Launch

It has been 43 days since the debut of the spot bitcoin exchange-traded funds (ETFs) on the American stock market, and in this time, the nine newly launched bitcoin ETFs…

Continue ReadingSpot Bitcoin ETFs Surge to $14.6 Billion in BTC Holdings 43 Days Post-Launch

New Wave of Bitcoin ETFs Acquire 264,232 BTC Worth $13.5B in Just 5 Weeks, Blackrock’s IBIT Leads Charge

In the last 37 days, the newly introduced nine spot bitcoin exchange-traded funds (ETFs) have rapidly accumulated a remarkable total of 264,232.74 bitcoin, now valued at $13.5 billion based on…

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Crypto exchange FTX gets nod to sell $873M of assets to repay creditors

Nearly $700 million of the $873 million trust assets allowed to be sold by FTX comes from Grayscale’s flagship product, the Grayscale Bitcoin Trust, or GBTC.

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Bitcoin ETFs have 75% chance of approval this year: Bloomberg analysts

Bloomberg ETF analysts raised their odds for a spot Bitcoin ETF approval after the recent Grayscale victory against the SEC.

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SEC’s first deadlines to approve 7 Bitcoin ETFs coming over the next week

Analysts say the best-case scenario is the SEC approves the batch of spot Bitcoin ETFs but it may also exercise its right to an appeal.

Continue ReadingSEC’s first deadlines to approve 7 Bitcoin ETFs coming over the next week