$217 million outflow seen in BlackRock’s Bitcoin ETF

217 million outflow seen in BlackRock's Bitcoin ETF

Bitcoin ETFs take a tumble as $217 million flows out of the market on April 25th, leaving investors seeing red. Funds have been at a standstill in the world of ETFs, with five major players failing to see any movement. Among them is BlackRock’s iShares Bitcoin Trust ETF (IBIT), which has been stagnant for two … Read more

If this happens then the price of Bitcoin will soon reach $86,000

Bitcoin will soon reach 86,000

The digital currency world has been surprisingly tranquil over the last 24 hours, despite the wild ride of Bitcoin’s value as it hovers near the bottom of a bullish flag formation. Zooming in, the battle between Bitcoin and the US dollar has been fierce, with the former struggling to break through the formidable $67,200 barrier. … Read more

Bitcoin Drops, Gets Huge Rejection from $68,000: More Losses to Come?

Bitcoin Drop

Bitcoin’s current trading position is causing a stir, with the daily chart showing a downward trend. Despite a glimmer of hope earlier this week, the post-Halving crash has sent prices plummeting. The sharp decline is a clear indication that the coin faced a fierce rejection from its peak on April 13th and the middle BB. … Read more

Grayscale announced spin-off Bitcoin ETF with lowest industry fee

Grayscale announced spin-off Bitcoin ETF with lowest industry fee

Introduction Of Bitcoin Mini Trust (BTC) Amidst a tumultuous period of massive capital outflows, Grayscale has decided to shake things up. The renowned company is gearing up to release a brand new Bitcoin exchange-traded fund (ETF) that promises to revolutionize the market with its unbeatable fees. This bold move comes as Grayscale strives to combat … Read more

US Senate Proposes 1% Tax on BTC Holdings Over $500K, WHY?

US Senate Proposes 1 Tax on BTC Holdings Over 500K

Revolutionizing the world of digital currency, the U.S. Senate made a groundbreaking announcement on a sunny April Sunday. In a bold move, they unveiled a new tax proposal aimed at the booming cryptocurrency industry. Under this proposal, those with a stake in the popular BTC currency, valued at over $500,000, will be subject to a … Read more

Bitwise CIO: Bitcoin Halving Sparks ‘Buy the News’ Frenzy

Bitcoin Halving

In an exclusive interview with CNBC on April 19th, Hougan revealed his thoughts on the highly anticipated Bitcoin (BTC) halving event. He believes that this year’s halving presents a golden opportunity for savvy investors to “buy the news” and capitalize on the world’s largest cryptocurrency asset. “If you look historically at halvings, the price action … Read more

Will Bitcoin Halving Drive Price Up?

Bitcoin Halving

Amidst the heated debates, one question remains: does halving truly propel Bitcoin’s rise, or are there other forces at play during this pivotal moment? The highly-anticipated halving event is finally here, promising to shake up the market. Many experts predicted a surge in price, but the reality has been quite different. Instead of soaring to … Read more

All is quiet on the Bitcoin ETF front – is it a concern?

All is quiet on the Bitcoin ETF front – is it a concern

Ever since its debut in January, the introduction of spot Bitcoin ETFs has sent shockwaves through the market, causing major ripples in the crypto world. This groundbreaking development has left even the biggest players, like Grayscale, scrambling to adapt to the new landscape. Once a dominant force in the world of cryptocurrency, Grayscale’s Bitcoin Trust … Read more

Why is this Bitcoin halving different and what is different?

Bitcoin halving

The Bitcoin gears up for its highly anticipated halving event this week, possibly as early as Friday. But hold on tight, because this won’t be your run-of-the-mill halving ceremony for Bitcoin. The highly anticipated moment is approaching. The infamous halving of Bitcoin mining is looming, and with it comes a decrease in effectiveness. As the … Read more

Bitcoin (BTC) is on a bullish run: Buy or sell?

Bitcoin (BTC) is on a bullish run Buy or sell

The crypto market is buzzing with nerves and a palpable sense of fear as investors brace themselves for potential tit-for-tat strikes between Israel and Iran. As the tension rises, Bitcoin seems to be taking a downward turn, riding the wave of bearish sentiment. But don’t be fooled, because beneath the surface, a bullish bull flag … Read more