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Despite the growing demand for spot Bitcoin ETFs, the price of Bitcoin (BTC) has remained remarkably steady, teetering just above the $64,000 mark. Bitcoin’s recent journey has been a wild ride, fueled by the mounting tensions between Israel and Iran. In a dramatic turn of events, the cryptocurrency’s value took a plunge last Friday, dropping … Read more
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
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
Revolutionizing the financial world, Metaplanet Inc. has taken a bold step towards embracing the future of currency by investing a whopping ¥1 billion ($6.25 million) in Bitcoin. Following in the footsteps of industry leader MicroStrategy, Metaplanet’s decision has sent shockwaves through the market and sparked excitement among investors. This strategic move by the Japanese powerhouse … Read more
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
Since the beginning of 2024, significant players in the world of Bitcoin have been quietly accumulating an additional 266,000 BTC, steadily increasing their holdings. According to the experts at Santiment, this digital currency is currently worth a whopping $17.5 billion. But that’s not all – brace yourself for the revelation that the top players, known … Read more
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
Bitcoin’s value continues to soar as it reaches a new high of $66,082, marking a 0.22% increase from yesterday. This surge can likely be attributed to the US Manufacturing PMI, which experienced a slight dip from 51.9 to 52.2. However, the US Services PMI saw a positive shift from 51.7 to 52.3, contributing to Bitcoin’s … Read more
As the world holds its breath amidst growing tensions between Iran and Israel, the cryptocurrency market is experiencing a thrilling surge in activity. BitBoy Crypto’s latest analysis delves into the intricate ways global events are shaping the ever-evolving crypto landscape, shedding light on potential impacts and emerging trends. From geopolitical uncertainties to regulatory changes, this … Read more
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