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Mixed Fortunes for US ETH ETFs: Blackrock, Fidelity and Bitwise Thrive Amid Market Shifts

Twenty days have passed since the debut of U.S. spot ethereum exchange-traded funds (ETFs), encompassing 14 trading sessions to date. During this period, the overall net inflows have dipped to…

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Steady Above $60K: Bitcoin Weathers Government Sell-Offs, Says QCP Capital

Despite a brief dip below $60,000 on June 23, bitcoin has demonstrated formidable resilience by closing above this pivotal level for 118 days in 2024. According to QCP Capital, the…

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Ongoing Withdrawals Challenge US Bitcoin ETFs, Nearly $175M Exited Monday

At the start of the week, U.S. spot bitcoin exchange-traded funds experienced their seventh consecutive day of net outflows, losing $174.45 million during Monday’s trading session. Grayscale’s Bitcoin Trust (GBTC)…

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Summer Consolidation to Precede US Election ‘Fireworks’ in Crypto Markets, Says QCP Capital 

Despite several bullish indicators, including a significant bitcoin purchase by Microstrategy and optimistic projections by notable figures, bitcoin’s price action remains subdued. Market analysts at QCP Capital shed light on…

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The Memecoin Frenzy Has Ignited a Scalability Arms Race

Following a spell of TradFi breakthroughs, all-time highs, and intense optimism in the crypto industry, selling pressure across most major cryptocurrencies are slowly beginning to ease, with trading volumes submitting…

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39% of Family Offices Investing or Exploring Cryptocurrencies: BNY Mellon

The 2024 BNY Mellon Wealth Management Study reveals a divided perspective among family offices regarding cryptocurrency investments. Approximately 39% of the surveyed family offices are either actively investing in cryptocurrencies…

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QCP Capital Predicts 60% Rally With Imminent US Approval of Spot Ethereum ETFs

Crypto asset trading firm QCP Capital has forecasted a potential 60% increase in the price of ether, projecting it could surge to around $6,000 if the U.S. approves spot ethereum…

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Fidelity Digital Assets ‘Signals’ Report Revises Bitcoin Outlook to ‘Neutral’

The latest quarterly report from Fidelity Digital Assets (FDA) Research reveals key insights into the bitcoin and ethereum markets as of Q1 2024. With a detailed analysis of market conditions…

Continue ReadingFidelity Digital Assets ‘Signals’ Report Revises Bitcoin Outlook to ‘Neutral’