Although Bitcoin (BTC) has gained 21% since it retested the sub-$50,000 level on Aug. 5, its price has struggled to maintain above $62,000. Meanwhile, the S&P 500 index has fully recovered and is now trading … Bitcoin price hits $61K, but investors still prefer stocks and bonds right nowRead more
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Solana ETFs will not see significant demand — Sygnum research head
Solana (SOL) exchange-traded funds (ETFs) will not see significant demand among United States investors, Katalin Tischhauser, head of investment research at crypto bank Sygnum, told Cointelegraph. Tischhauser said “miniscule” investor flows into Grayscale Solana Trust … Solana ETFs will not see significant demand — Sygnum research headRead more
Hong Kong legislator eyes Bitcoin for fiscal reserves
Hong Kong Legislative Council Member Johnny Ng has announced plans to collaborate with various stakeholders to assess the feasibility and potential benefits of incorporating Bitcoin into the special administrative region’s financial reserves. In a recent … Hong Kong legislator eyes Bitcoin for fiscal reservesRead more
Bitcoin price sheds 3% as $6B leaves Mt. Gox cold wallet
Bitcoin (BTC) shed over 3% on July 16 as what analysis called “FUD” involving defunct exchange Mt. Gox resurfaced. BTC/USD 1-hour chart. Source: TradingView Mt. Gox Bitcoin outflows send price below $6,000 Data showed BTC price … Bitcoin price sheds 3% as $6B leaves Mt. Gox cold walletRead more
100% Bitcoin long-term hodlers are now in profit as BTC crosses $71K
The last-remaining Bitcoin (BTC) long-term holders with unrealized losses have now flipped back into profit again as Bitcoin’s price broke above its November 2021 all-time high. When Bitcoin’s price was hovering around $68,000 on June … 100% Bitcoin long-term hodlers are now in profit as BTC crosses $71KRead more
$8.2B in Bitcoin and Ether options expire, here’s how it could impact the markets
On May 31, 69,000 Bitcoin options worth $4.7 billion and 920,000 Ether options worth $3.5 billion expire. The expiry of crypto options contracts is historically linked to price volatility in the crypto market. Source:GreeksLive According … $8.2B in Bitcoin and Ether options expire, here’s how it could impact the marketsRead more
3 tips for protecting Bitcoin profits amid Ethereum ETF mania
Cryptocurrency’s leading act has been knocked off the top spot. The much-hyped launch of exchange-traded funds (ETFs) for Ethereum in the United States has sent Ether (ETH) soaring more than 20% since May 20. Bitcoin’s … 3 tips for protecting Bitcoin profits amid Ethereum ETF maniaRead more