Bitcoin Analysis

The latest figures turned the tide after two consecutive week of inflows. Bitcoin accounted for 86% of the total inflows. Digital asset investment products recorded minor outflows last week, impacted by weaker demand for U.S.-based Bitcoin [BTC] spot exchange-traded funds (ETFs). According to the latest report by digital asset management firm CoinShares, about $126 million moved out of funds
0 Comments
The cryptocurrency market has witnessed a significant bull run since the beginning of the year, with memecoins gaining unprecedented popularity. According to recent data from IntoTheBlock, the number of addresses holding meme coins for less than thirty days reached a record high last month, indicating a substantial influx of new traders investing in these digital
0 Comments
Bitcoin (BTC) has been trading in a narrow range for several weeks, consolidating below its recently achieved all-time high. According to the latest data and expert analysis, this trend may continue, with investors potentially waiting until the upcoming halving event to see Bitcoin price movement. Michael Van de Poppe, a well-known cryptocurrency analyst, recently shared
0 Comments
According to blockchain intelligence firm Arkham, Grayscale’s Bitcoin spot ETF, GBTC, is projected to exhaust its Bitcoin holdings in approximately 96 days at the current selling pace. The potential reduction or cessation of GBTC’s selling pressure in the Bitcoin market could lead to a significant increase in institutional investor demand for physical purchases, potentially driving
0 Comments
Analysts at JP Morgan, a leading US financial institution, have expressed their view that the cryptocurrency Bitcoin (BTC) still has room for further price declines. This assessment comes after Bitcoin recently hit new highs earlier this month but has since entered a downward trend. According to data from CoinGecko, Bitcoin’s price has fallen by 7.2%
0 Comments