Bitcoin’s latest push through record levels has left short-term holder (STH) whales sitting on their fattest paper profits of the cycle of about $10.1 billion, according to CryptoQuant data. These are entities holding more than 1,000 BTC that only entered…
Bitcoin extended its retreat from record highs on Tuesday, triggering a liquidation event that wiped out nearly $500 million in leveraged long positions and underscoring the volatile underpinnings of the recent rally. At time of publication, Bitcoin’s price is down…
You can catch Trader Talk on Apple Podcasts, Spotify, YouTube, or wherever you get your podcasts. Politics cannot mint value. On Trader Talk, Kenny and Cade Bergman, co-owner and host of Wolf Bitcoin and head of content at Wolf Financial,…
Key Takeaways Four-year ban on cryptocurrency exchange-traded notes lifted for UK retail investors.Latest data shows net inflows of EUR 972 million in Q3, a new quarterly high.Decision on holding crypto ETNs in ISAs expected by year-end. UK retail investors will…
Bitcoin BTC$121,506.12 and gold (XAU) have diverged over the past 24 hours, with BTC likely feeling pressure from a strengthening dollar index. The leading cryptocurrency by market value has dropped 2.4% to $121,340, after failing to break through key resistance…
In brief Market breadth has weakened as capital concentrates in high-liquidity, high-certainty assets like Bitcoin and Ethereum. Experts cite institutional ETF flows and a loss of patience with purely narrative-driven altcoins. Any future altcoin rally is expected to be highly…
With the recent announcement of the Strategic Bitcoin Reserve (SBR) by Senator Cynthia Lummis, the U.S. government is making a significant move to incorporate Bitcoin into its national reserves. This could change the way digital assets are regulated and treated…
After setting record highs over the past two days, Bitcoin retreated on Tuesday, even as its analog form extended its recent surge to top $4,000 for the first time ever, but analysts who spoke with Decrypt remain upbeat about the…
xrp etf APPROVAL. Photo by BeInCrypto GraniteShares is planning to offer some risky bets, proposing 3X Leveraged ETFs based on XRP, Solana, Ethereum, and Bitcoin. The firm will issue short and long positions for all these products. XRP in particular…
This article first appeared on GuruFocus. Institutional capital is quietly turning to Bitcoin (BTC-USD)and this time, it’s not through miners or ETFs. Bermuda-based Meanwhile, a life insurer that writes policies entirely in Bitcoin, has raised $82 million from a powerhouse…
Lightspark CEO David Marcus claimed that Bitcoin remains “severely undervalued” compared to gold, suggesting the cryptocurrency could reach $1.3 million if it matched gold’s market capitalization. “I still feel Bitcoin is severely undervalued, especially if you compare it to gold,”…
In brief U.S. spot Bitcoin ETFs recorded $1.19 billion in net inflows on October 6, the highest single-day total since July 10. BlackRock’s IBIT dominated with $970 million, becoming the asset manager’s most profitable ETF in barely 2 years since…
Pompliano told CNBC that Bitcoin’s appeal lies in its scarcity, noting that governments will never stop printing money, so Bitcoin’s price will continue to rise. Anthony Pompliano, founder and CEO of Professional Capital Management and a prominent crypto investor, said…
BlackRock’s iShares Bitcoin Trust ETF (IBIT) has become the asset management giant’s most profitable exchange-traded fund, just 21 months after launch, surpassing products that have been generating revenue for more than two decades. IBIT is sitting “a hair away from…
Good morning, investors. Bitcoin is now the seventh largest asset in the world with a $2.5 trillion market cap, and bullish investors expect that to rise in the coming weeks. But even if it sees a huge spike before Christmas,…
