K33 Research: Over 900 Institutions Spot Investing $11B in Bitcoin ETFs

K33 Research Over 900 Institutions Spot Investing 11B in Bitcoin ETFs

Breaking records in the world of cryptocurrency, a whopping $11 billion has been invested in U.S. spot Bitcoin ETFs by 937 institutions as of March 31st. Unleashing a wealth of insight, Senior Analyst Vetle Lunde from K33 Research reveals a staggering revelation: a whopping $11.05 billion accounts for a jaw-dropping 18.7% of the entire funds … Read more

Golden Cross Alert: Is Bitcoin Set to Charge into a Bull Run?

Bitcoin Golden Cross Alert

Enter the world of cryptocurrency and behold the mighty Bitcoin, a constantly evolving giant that never fails to captivate. Its latest move, the elusive “Golden Cross” appearing on its daily chart, has once again stolen the spotlight. As we reflect on previous surges in value, the air is thick with anticipation of a potential upward … Read more

Trader Peter Brandt doubts whether Bitcoin bull run will continue

Trader Peter Brandt doubts whether Bitcoin bull run will continue

The cryptocurrency world is buzzing with speculation as renowned trader Peter Brandt casts doubt on the sustainability of Bitcoin’s current bull market. In his thought-provoking analysis titled “Has Bitcoin Reached its Peak? Examining Historical Patterns,” Brandt delves into the patterns and trends of Bitcoin’s past price cycles, raising concerns about diminishing momentum. Diminishing Momentum in … Read more

Bitcoin (BTC) Bears Feel the Heat, but Bullish Recovery Charts Emerge

Bitcoin (BTC)

Political turmoil in the Middle East ignited a firestorm in the crypto world this weekend, causing a sharp decline in the market. Bitcoin, the flagship cryptocurrency, took a hit and fell below the $60,000 mark. But just as the dust began to settle, Monday brought a glimmer of hope for $BTC as almost half of … Read more

After selling 36 million GBTC shares, Genesis bought $2.1 billion worth of Bitcoin

After selling 36 million GBTC shares, Genesis bought 2.1 billion worth of Bitcoin

Expanding its digital assets portfolio, embattled crypto lending company Genesis has made a bold move by acquiring a staggering $2.1 billion in Bitcoin (BTC). This strategic move comes after the firm sold off a whopping 36 million shares from the renowned Grayscale Bitcoin Trust (GBTC). In a bold move, Genesis has sold a whopping 36 … Read more

The price of Bitcoin (BTC) is at a critical point

The price of Bitcoin (BTC) is at a critical point

Bitcoin’s wild ride continues as it breaks out of its previous limits, yet still struggles to surpass the elusive $69,000 mark. Will this be the catalyst for a downward spiral from its peak of $73,800, or can the mighty $BTC defy the odds and reach even greater heights with a new all-time high? A Higher … Read more