Goldman Sachs CIO Says Bitcoin Is Not an Investment Asset Class

Goldman Sachs chief investment officer Sharmin Mossavar-Rahmani, said in an interview with the Wall Street Journal, Bitcoin is not considered an investment asset class, adding “we’re not believers in crypto.” Wall Street has been coming round to the idea of cryptocurrency as an asset class with many traditional financial institutions such as BlackRock and Fidelity …

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Bitcoin ETFs Triple Total Monthly Volume To $111 Billion In March

Bitcoin spot ETFs saw record monthly volume in March, tripling numbers from the previous two months with a whopping $111 billion traded. Bitcoin ETF Smashing Success The funds collectively traded ~$42 billion in February, and ~$25 billion in January, when they first went live. Since that time, Blackrock’s iShares Bitcoin Trust (IBIT) has overtaken the …

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Bitcoin “Inflation Hedge” Argument Is a Fairy Tale Used By Speculators?

Does anyone actually buy Bitcoin (BTC) as an inflation hedge? CNBC’s Andrew Sorkin isn’t sold on the idea. During an interview with Pomp Investment founder Anthony Pompliano on Monday, both men debated whether BTC’s theoretical role as a “risk off” asset is a real thing or a mere narrative driven by speculators. Bitcoin: Risk On …

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News Commentary #1,983 – NewBond announces 120 online days..?

NewBond announced 120 days online of workflow with investors and offered deposit bonuses. This is a well-known thing among HYIP administrators, which allows them to gain popularity of the project and attract new investors. Let me include below the full announcement so you can read it and make your own decision: Dear investor:    Today …

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Dogecoin Price Prediction as DOGE Hits Highest Level Since 2021 – $5 DOGE Possible?

Dogecoin’s (DOGE/USD) price sitting at $0.200469, following a 24-hour trading volume of $2,470,300,185. Ranked #8 by market capitalization, Dogecoin has recently witnessed a 7.18% decline, leaving investors and traders considering the next move for this dynamic cryptocurrency. The current Dogecoin price prediction buzz hinges on a recent surge, igniting discussions of a potential climb to record …

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Bitcoin Price Prediction as $35 Billion Trading Volume Sends BTC Toward New All-Time Highs – Time to Buy?

Bitcoin’s price, now at $70,768 with a 1.50% rise, is nearing uncharted territory, spurred by a $35 billion trading volume. Amidst Google’s embrace of blockchain data, indicating growing mainstream acceptance, Bitcoin price predictions are increasingly optimistic, suggesting a trajectory towards new all-time highs. This shift underscores a significant moment in cryptocurrency’s integration into the broader …

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News Commentary #1,982 – Rotor Finance | old plans back?

RotorFinance plaftorm announced about decision to bring back their old marketing plans for the members. As you may noticed in the website it was alreay done. You can read below the whole announcement to understand, which goals admins of RotorFinance have to do that.  Here is the news: The investment platform Rotor Finance has brought …

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Coinbase Ramps Up USDC Reserves on Base with TVL Exceeding $1 Billion

Coinbase has announced plans to increase the storage of corporate and customer USDC balances on Base, an Ethereum Layer 2 solution incubated by the exchange and built on the open-source OP Stack.  The move is expected to provide benefits such as lower fees, faster settlement times, and enhanced security for managing customer funds. Max Branzburg, …

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Hong Kong | ‘In-Kind’ Bitcoin Spot ETFs | What That Means

Hong Kong is getting ready to follow the United States’ lead in approving Bitcoin spot ETFs for public trading, analysts at Bloomberg Intelligence suggest. The region’s regulators may go a step further than their Western counterparts, however, by permitting those funds to use an “in-kind” redemption model. What Are ‘In Kind’ Bitcoin ETFs? The redemption …

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Is Bitcoin’s pre-halving retrace over? 52K BTC accumulated on Sunday alone

BTC prices have rebounded to reclaim $71,000 in late trading on March 25. Bitcoin’s pre-halving retrace may already be over following one of the largest accumulation days in years, which saw Bitcoin reclaiming the $71,000 price level. On March 25, blockchain analytics firm Santiment reported that Bitcoin just “caught traders off guard” with a rebound as “key stakeholders” had a …

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News Commentary #1,981 – MIXLI | $5 bonus?

Mixli – a TRIAL list platform offered all members and potential investors a bonuses for reviews and feedbacks in social media.  This is a common strategy to increase website traffic and gain more popularity among readers. However, I would remind the admins of Mixli and other HYIPs that the main thing that can significantly raise …

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Top Ethereum ICOs and Presales to Watch Right Now

As the crypto bull market matures, interest in web3 start-ups naturally continues to grow, with investors looking to diversify funds to some top Ethereum ICOs and presales. The simplest way to get involved, and ideally make money, in crypto is simply by buying and holding major tokens. Bitcoin (BTC), last trading around $64,000, could well …

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Spot Bitcoin ETFs See Fourth Consecutive Day of Net Outflows, GBTC Bleeds $358M

The Grayscale Bitcoin Trust’s (GBTC) exchange-traded fund (ETF) experienced another day of significant outflows, with nearly $359 million exiting the fund on March 21.  This follows a week of substantial outflows, with March 18 witnessing the largest single-day outflow of $642 million, according to data from Farside Investors.  The latest figures bring the total outflows …

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