• Marcus_Web3Marcus_Web3
      ·06-11

      Speculators Expected Bitcoin Prices to Surpass March’s ATH of $73,798 in June

      US ETFs ( exchange-traded funds) that invest directly in bitcoin have seen net inflows for a record 18th straight day, as surging demand helped propel the world’s largest digital asset toward a record high.Since launching on Jan. 11, more than a dozen such products have seen a combined net subscription of $15.6 billion and total assets of $62.3 billion as of June 6, according to data compiled by Bloomberg.Bitcoin pared gains after a report showed a mixed labor market with a surge in U.S. employment in May and an unexpected rise in unemployment. As of 8:36 a.m. New York time on June 7, bitcoin was trading around $70,925, while ether was essentially flat at $3,785.Many speculators in the options market expect bitcoin prices to surpass March’s all-time high of $73,798 in June, helped by ETF d
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      Speculators Expected Bitcoin Prices to Surpass March’s ATH of $73,798 in June
    • DumplinggoghDumplinggogh
      ·06-06
      But it's strange these stocks aren't climbing as high relative to the highs of the coin.
      0Comment
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    • Tiger VTiger V
      ·06-06

      Change of Tone for Crypto?

      The president of US crypto firm Ripple is optimistic that a lobbying push by the crypto industry will yield results in this year’s US elections. Ripple, the second-largest donor to Fairshake, a super PAC, has contributed to a record $92.9 million fundraising haul to support crypto-friendly political candidates. San Francisco-based Ripple and other super PACs backed by the cryptocurrency sector have raised over $102 million so far, the third-largest of all super PACs engaged in the 2024 election cycle. These independent political action committees can raise and spend unlimited sums to advocate for or against political candidates. At the Money20/20 financial technology conference in Amsterdam, Ripple president Monica Long highlighted the industry’s frustration with the US lagging in setting
      23Comment
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      Change of Tone for Crypto?
    • Marcus_Web3Marcus_Web3
      ·06-05

      🎉 $BNB reaching a new all-time high! Good For COIN, MARA, MSTR & More

      $BNB reaching a new all-time high! & $Bitcoin(BTC.USD.CC)$ Bitcoin Targeting the $73,000 level ! I’m expecting all these are good for bitcoin stocks and etfs(see tickles at below)@ALL STAR CHARTS#Bitcoin Targeting the $73,000 level ! Once #BTC breaks this level it might rally to $91,500 very quickly. Titan of Crypto @WashigoriraI’m expecting all these are good for bitcoin stocks and etfs:🎁Spot BTC ETFs To Pick? Choose Companies or Consider Fees?What's your
      3.49K5
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      🎉 $BNB reaching a new all-time high! Good For COIN, MARA, MSTR & More
    • Tiger VTiger V
      ·06-05

      Bitcoin Surge Lifts COIN, MARA, and HUT Stocks

      Overview: Bitcoin has soared past $70,000, marking its fifth consecutive day of gains. This is the longest rally in three months, with Bitcoin trading at $70,500, just 5% shy of its all-time high of $73,798 in mid-March. Traders are betting on a Federal Reserve rate cut as early as November, bolstered by recent economic data showing moderated inflation and a weakening job market. This optimistic sentiment is reflected in the performance of cryptocurrency-related stocks, particularly COIN (Coinbase)$Coinbase Global, Inc.(COIN)$  , MARA (Marathon Digital Holdings)$Marathon Digital Holdings Inc(MARA)$  , and HUT (Hut 8 Mining Corp)
      721Comment
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      Bitcoin Surge Lifts COIN, MARA, and HUT Stocks
    • Tiger VTiger V
      ·06-03

      Crypto ETFs: Navigating the Game Plan for Market Surge

      Overview: The cryptocurrency market has been buzzing with excitement following the U.S. Securities and Exchange Commission (SEC) approval of Bitcoin and Ethereum ETFs. Bitcoin ETF approvals earlier this year spurred a significant influx of traditional funds into the crypto market, and the recent approval of Ethereum ETFs is expected to continue this trend. These developments highlight the increasing institutional interest and mainstream acceptance of cryptocurrencies, marking a pivotal shift in the financial landscape. Bitcoin ETF Impact: A Surge in Inflows Since the approval of the Bitcoin ETF, there has been a remarkable net inflow of approximately $13 billion into the cryptocurrency market. This substantial influx of traditional funds has driven Bitcoin prices to new heights, reaching
      166Comment
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      Crypto ETFs: Navigating the Game Plan for Market Surge
    • IykykIykyk
      ·05-29
      Yes. Looking forward for final approval 
      2Comment
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    • Marcus_Web3Marcus_Web3
      ·05-29

      BlackRock IBIT Bitcoin holdings surpass Grayscale GBTC

      BlackRock's $iShares Bitcoin Trust(IBIT)$ Bitcoin holdings surpassed Grayscale's $Grayscale Bitcoin Trust(GBTC)$ . Today, BlackRock's $iShares Bitcoin Trust(IBIT)$ had a net inflow of US$101.9 million and $Grayscale Bitcoin Trust(GBTC)$ had a net outflow of US$105.2 million.Image
      343Comment
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      BlackRock IBIT Bitcoin holdings surpass Grayscale GBTC
    • SamlunchSamlunch
      ·05-29
      $Silver - main 2407(SImain)$ $iShares Silver Trust(SLV)$  SILVER Has now broken above $30, pulled back to retest the $30 level as a support and has now bounced About to test a higher high now Bulls are in the driving seat here $42 PT
      161Comment
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    • Tiger VTiger V
      ·05-28

      Can Ether ETF Lead BTC Bull Run Again?

      Investors are betting that Ethereum (ETH), the second-largest cryptocurrency, will surge to $5,000 and reach an all-time high. This optimism reflects the unexpected policy shift by the U.S. Securities and Exchange Commission (SEC), which is anticipated to approve the listing of spot Ether ETFs. However, questions about the strength of demand for such products remain. Ether Spot ETF Approval and Its Positive Impact The SEC’s policy shift has driven a 26% increase in Ether's price within the seven days leading up to the 26th, marking the largest weekly gain since the 2021 crypto bull market. This rally might inspire speculators, recalling the approval of the first U.S. spot Bitcoin ETF in January, which amassed $59 billion in assets. However, Ether’s recognition is not as widespread as Bitc
      4312
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      Can Ether ETF Lead BTC Bull Run Again?
    • SamlunchSamlunch
      ·05-27
      $CME Bitcoin - main 2405(BTCmain)$ $MicroStrategy(MSTR)$$Coinbase Global, Inc.(COIN)$   $BTC is in a unique situation It does not need to worry about fundamentals to move its price or the added variable of releasing an earnings report every Quarter When the price touches the 200 MA on the weekly chart, you buy and accumulate underneath with a margin of safety.
      41Comment
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    • SamlunchSamlunch
      ·05-27
      $CME Bitcoin - main 2405(BTCmain)$ $MicroStrategy(MSTR)$$Coinbase Global, Inc.(COIN)$   #Bitcoin  failed to drop below $56k and recovered in a bullish fashion. This indicates the emergence of the bull flag on a broader scale. A break above $73k would initiate a strong surge in Bitcoin.
      55Comment
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    • ShyonShyon
      ·05-27

      Crypto 🪙 🪙 🪙 Trend Now

      A new week begins!  By observing Bitcoin trend over this weekend, its four-hour chart seems unable to close at the 69,000 USD level. If the closing level is above this resistance level in four hours, I believe many investors will open their position and go long. Bitcoin 4h chart However, if the daily candlestick cannot holds 68500 USD today or tomorrow, Bitcoin may further push back to 66500 USD area. Therefore, I think currently is not the best time to place an order for Bitcoin yet, you can continue to observe its trend closely first. On the other hand, Ethereum seems to perform weaker than Bitcoin.  If the daily line closes above 3949 today or tomorrow, there is a chance for Ethereum to challenge the resistance of 4093. Af
      4.19K6
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      Crypto 🪙 🪙 🪙 Trend Now
    • MeghaaMeghaa
      ·05-26
      23Comment
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    • Chris LukChris Luk
      ·05-25

      Bitcoin Tumbles as Ethereum ETF Approval Spurs Profit-Taking

      $bitcoin Bitcoin Plunges on Ethereum ETF News On May 23rd, the price of Bitcoin (BTC) underwent a dramatic drop during overnight trading in the Eastern Time Zone (EDT). The decline breached key support levels at $70,000, $69,000, and $68,000, dragging other major cryptocurrencies like Ethereum (ETH), Binance Coin (BNB), and Dogecoin (DOGE) down with it. Profit-Taking Fueled by SEC Announcement The primary driver behind this sudden correction appears to be profit-taking by investors reacting to positive news. The U.S. Securities and Exchange Commission (SEC) announced the approval of a trading plan for an Ethereum spot exchange-traded fund (ETF) submitted by the New York Stock Exchange (NYSE), Chicago Board Options Exchange (CBOE), and Nasdaq. Approval Nuances: Not a Green Light Yet It's
      66Comment
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      Bitcoin Tumbles as Ethereum ETF Approval Spurs Profit-Taking
    • JordenTanJordenTan
      ·05-25

      Should you still invest into BTC or crypto?

      As we see more and more ETFs getting approved. This begs the question of whether we should be investing in Crypto? What are the potential changes that can happen in the next 6 months? And what can we do now? I have been Dollar Cost Averaging into BTC and ETH primarily over the last 12 months and this was to just accumulate crypto into my portfolio. And in the last 6 months, the DCA kinda got me buying crypto high prices because of the increase in prices, but for me, it was mainly to keep myself committed and just bite the bullet of buying them without thinking too much of the prices. But I was lucky as well, to be able to catch some waves and still be on the green side of things. What to expect in the next 6 months? With ETH ETFs getting approved just a couple of days ago. What I think wi
      4022
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      Should you still invest into BTC or crypto?
    • Tiger VTiger V
      ·05-25

      Bitcoin ETFs: A Catalyst for Crypto Market Growth

      Overview: The year 2024 marks a significant milestone for the cryptocurrency market with the introduction of Bitcoin Exchange-Traded Funds (ETFs). This advancement signifies a major step towards the maturation of this emerging asset class, providing investors with a more accessible and safer way to invest in Bitcoin. This report explores the positive impacts of Bitcoin ETFs on the cryptocurrency market and offers insights to help investors navigate these changes. Significance of Bitcoin ETFs: Bitcoin ETFs allow investors to invest in Bitcoin indirectly through traditional stock markets without needing to hold the cryptocurrency directly. This approach mitigates many of the technical and security risks associated with direct crypto investments, offering a convenient investment pathway, par
      78Comment
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      Bitcoin ETFs: A Catalyst for Crypto Market Growth
    • marketpremarketpre
      ·05-24
      $CleanSpark, Inc.(CLSK)$ House passed the crypto regulation bill and it's a good sign for the industry. BTC supposed to rally today but less jobless claims affected the Tech sector.  No rate cuts anytime soon. The Tech parameters and fundamental of BTC rally still looks good, and the adoption is going to go up.Wisconsin pension fund just bought 180m of BTC ETFs and it's a start.  [Lovely][Lovely][Lovely]Still 100k this year is possible, and this correction will help many to get it. 
      534Comment
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    • skythelimitskythelimit
      ·05-24
      $CleanSpark, Inc.(CLSK)$ 's is volatile but full of opportunities. [Smart][Smart][Smart]The chart indicates possibility of another period price movements (happening today), but it has resistance at $17. From the current tech indications, CLSK would move along with BTC. And a rebound/rally is very much possible to $24 level. [Sly][Sly][Sly]If you are long or want to trade on the price movements, I would lock the entry now and will watch BTC closely.
      287Comment
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    • Marcus_Web3Marcus_Web3
      ·06-11

      Speculators Expected Bitcoin Prices to Surpass March’s ATH of $73,798 in June

      US ETFs ( exchange-traded funds) that invest directly in bitcoin have seen net inflows for a record 18th straight day, as surging demand helped propel the world’s largest digital asset toward a record high.Since launching on Jan. 11, more than a dozen such products have seen a combined net subscription of $15.6 billion and total assets of $62.3 billion as of June 6, according to data compiled by Bloomberg.Bitcoin pared gains after a report showed a mixed labor market with a surge in U.S. employment in May and an unexpected rise in unemployment. As of 8:36 a.m. New York time on June 7, bitcoin was trading around $70,925, while ether was essentially flat at $3,785.Many speculators in the options market expect bitcoin prices to surpass March’s all-time high of $73,798 in June, helped by ETF d
      8412
      Report
      Speculators Expected Bitcoin Prices to Surpass March’s ATH of $73,798 in June
    • Tiger VTiger V
      ·06-06

      Change of Tone for Crypto?

      The president of US crypto firm Ripple is optimistic that a lobbying push by the crypto industry will yield results in this year’s US elections. Ripple, the second-largest donor to Fairshake, a super PAC, has contributed to a record $92.9 million fundraising haul to support crypto-friendly political candidates. San Francisco-based Ripple and other super PACs backed by the cryptocurrency sector have raised over $102 million so far, the third-largest of all super PACs engaged in the 2024 election cycle. These independent political action committees can raise and spend unlimited sums to advocate for or against political candidates. At the Money20/20 financial technology conference in Amsterdam, Ripple president Monica Long highlighted the industry’s frustration with the US lagging in setting
      23Comment
      Report
      Change of Tone for Crypto?
    • Tiger VTiger V
      ·06-03

      Crypto ETFs: Navigating the Game Plan for Market Surge

      Overview: The cryptocurrency market has been buzzing with excitement following the U.S. Securities and Exchange Commission (SEC) approval of Bitcoin and Ethereum ETFs. Bitcoin ETF approvals earlier this year spurred a significant influx of traditional funds into the crypto market, and the recent approval of Ethereum ETFs is expected to continue this trend. These developments highlight the increasing institutional interest and mainstream acceptance of cryptocurrencies, marking a pivotal shift in the financial landscape. Bitcoin ETF Impact: A Surge in Inflows Since the approval of the Bitcoin ETF, there has been a remarkable net inflow of approximately $13 billion into the cryptocurrency market. This substantial influx of traditional funds has driven Bitcoin prices to new heights, reaching
      166Comment
      Report
      Crypto ETFs: Navigating the Game Plan for Market Surge
    • Tiger VTiger V
      ·06-05

      Bitcoin Surge Lifts COIN, MARA, and HUT Stocks

      Overview: Bitcoin has soared past $70,000, marking its fifth consecutive day of gains. This is the longest rally in three months, with Bitcoin trading at $70,500, just 5% shy of its all-time high of $73,798 in mid-March. Traders are betting on a Federal Reserve rate cut as early as November, bolstered by recent economic data showing moderated inflation and a weakening job market. This optimistic sentiment is reflected in the performance of cryptocurrency-related stocks, particularly COIN (Coinbase)$Coinbase Global, Inc.(COIN)$  , MARA (Marathon Digital Holdings)$Marathon Digital Holdings Inc(MARA)$  , and HUT (Hut 8 Mining Corp)
      721Comment
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      Bitcoin Surge Lifts COIN, MARA, and HUT Stocks
    • orsiriorsiri
      ·05-24

      Investment Insights: MidCap Marvels and Cryptocurrency Surges

      Navigating the investment landscape can be daunting with the myriad of options available. This quarter, two standout opportunities have emerged: the Invesco S&P MidCap Quality ETF (XMHQ) and top-performing cryptocurrency ETFs - the Bitcoin Cash ETF and the Binance Coin ETF. Let's delve into the numbers and see if these investments merit your consideration. MidCap Marvel: Invesco S&P MidCap Quality ETF (XMHQ) Growth comparison of $10,000 investment in XMHQ vs. S&P 500 The Invesco S&P MidCap Quality ETF has been exceptional this quarter, boasting a remarkable return of 24.37%. This ETF focuses on mid-cap stocks exhibiting high-quality metrics, such as robust balance sheets and consistent earnings growth. Think of it as discovering golden eggs amidst a basket of mid-sized comp
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      Investment Insights: MidCap Marvels and Cryptocurrency Surges
    • Tiger VTiger V
      ·05-28

      Can Ether ETF Lead BTC Bull Run Again?

      Investors are betting that Ethereum (ETH), the second-largest cryptocurrency, will surge to $5,000 and reach an all-time high. This optimism reflects the unexpected policy shift by the U.S. Securities and Exchange Commission (SEC), which is anticipated to approve the listing of spot Ether ETFs. However, questions about the strength of demand for such products remain. Ether Spot ETF Approval and Its Positive Impact The SEC’s policy shift has driven a 26% increase in Ether's price within the seven days leading up to the 26th, marking the largest weekly gain since the 2021 crypto bull market. This rally might inspire speculators, recalling the approval of the first U.S. spot Bitcoin ETF in January, which amassed $59 billion in assets. However, Ether’s recognition is not as widespread as Bitc
      4312
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      Can Ether ETF Lead BTC Bull Run Again?
    • nerdbull1669nerdbull1669
      ·05-21

      [ETHE] Ethereum ETF Approval -> Jumps To Lead [MARA] Crypto Rally

      If you are into crypto you would have noticed that the crypto world is abuzz with the anticipated approval of Ethereum ETFs in May 2024. The expected date is 23 May 2024 which is two days away. The U.S. Securities and Exchange Commission (SEC) is expected to approve several Ethereum exchange-traded funds (ETFs) by the end of May 2024. This approval could be a pivotal moment for Ethereum, driving institutional adoption and liquidity. Financial institutions like Franklin Templeton and VanEck have submitted applications for these spot ETFs, mirroring the Bitcoin ETF approval process that led to a significant price surge for $CME Bitcoin - main 2405(BTCmain)$ . Market is expecting a bullish run for $CM
      7793
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      [ETHE] Ethereum ETF Approval -> Jumps To Lead [MARA] Crypto Rally
    • Chris LukChris Luk
      ·05-25

      Bitcoin Tumbles as Ethereum ETF Approval Spurs Profit-Taking

      $bitcoin Bitcoin Plunges on Ethereum ETF News On May 23rd, the price of Bitcoin (BTC) underwent a dramatic drop during overnight trading in the Eastern Time Zone (EDT). The decline breached key support levels at $70,000, $69,000, and $68,000, dragging other major cryptocurrencies like Ethereum (ETH), Binance Coin (BNB), and Dogecoin (DOGE) down with it. Profit-Taking Fueled by SEC Announcement The primary driver behind this sudden correction appears to be profit-taking by investors reacting to positive news. The U.S. Securities and Exchange Commission (SEC) announced the approval of a trading plan for an Ethereum spot exchange-traded fund (ETF) submitted by the New York Stock Exchange (NYSE), Chicago Board Options Exchange (CBOE), and Nasdaq. Approval Nuances: Not a Green Light Yet It's
      66Comment
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      Bitcoin Tumbles as Ethereum ETF Approval Spurs Profit-Taking
    • Tiger VTiger V
      ·05-24

      Cryptocurrency ETFs: A New Era for Ether Investment

      Overview: The U.S. Securities and Exchange Commission (SEC) recently approved applications from major exchanges like Nasdaq, CBOE, and NYSE to list exchange-traded funds (ETFs) tied to the price of ether. This significant milestone marks a pivotal moment for the cryptocurrency industry, potentially allowing these products to begin trading later this year. The decision follows the approval of bitcoin ETFs in January and reflects a growing acceptance of cryptocurrency assets in mainstream finance. Ether ETFs: A Breakthrough in Crypto Investment The approval of ether ETFs is a surprising win for the crypto industry. Nine issuers, including VanEck, ARK Investments/21Shares, and BlackRock, are poised to launch these funds, highlighting the industry's eagerness to tap into the second-largest cr
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      Cryptocurrency ETFs: A New Era for Ether Investment
    • Marcus_Web3Marcus_Web3
      ·06-05

      🎉 $BNB reaching a new all-time high! Good For COIN, MARA, MSTR & More

      $BNB reaching a new all-time high! & $Bitcoin(BTC.USD.CC)$ Bitcoin Targeting the $73,000 level ! I’m expecting all these are good for bitcoin stocks and etfs(see tickles at below)@ALL STAR CHARTS#Bitcoin Targeting the $73,000 level ! Once #BTC breaks this level it might rally to $91,500 very quickly. Titan of Crypto @WashigoriraI’m expecting all these are good for bitcoin stocks and etfs:🎁Spot BTC ETFs To Pick? Choose Companies or Consider Fees?What's your
      3.49K5
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      🎉 $BNB reaching a new all-time high! Good For COIN, MARA, MSTR & More
    • Trend_RadarTrend_Radar
      ·05-21

      What a crazy times! Bitcoin on pace to break $100,000+ by year end

      $Bitcoin(BTC.USD.CC)$ near all-time highs $SPDR S&P 500 ETF Trust(SPY)$ , $DJIA(.DJI)$ , $NASDAQ(.IXIC)$ near all-time highs, $Gold - main 2406(GCmain)$ and $Copper - main 2407(HGmain)$ near all time highs, $Silver - main 2407(SImain)$ spiking to the highest in more than a decade, ImageStocks added more than $12 trillion in Market Cap since October.The S&P 500 closed above 5,300 for the 1st time in history. Weekly market recap, trading week 20/2024 Stay focused and
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      What a crazy times! Bitcoin on pace to break $100,000+ by year end
    • JordenTanJordenTan
      ·05-25

      Should you still invest into BTC or crypto?

      As we see more and more ETFs getting approved. This begs the question of whether we should be investing in Crypto? What are the potential changes that can happen in the next 6 months? And what can we do now? I have been Dollar Cost Averaging into BTC and ETH primarily over the last 12 months and this was to just accumulate crypto into my portfolio. And in the last 6 months, the DCA kinda got me buying crypto high prices because of the increase in prices, but for me, it was mainly to keep myself committed and just bite the bullet of buying them without thinking too much of the prices. But I was lucky as well, to be able to catch some waves and still be on the green side of things. What to expect in the next 6 months? With ETH ETFs getting approved just a couple of days ago. What I think wi
      4022
      Report
      Should you still invest into BTC or crypto?
    • Tiger VTiger V
      ·05-25

      Bitcoin ETFs: A Catalyst for Crypto Market Growth

      Overview: The year 2024 marks a significant milestone for the cryptocurrency market with the introduction of Bitcoin Exchange-Traded Funds (ETFs). This advancement signifies a major step towards the maturation of this emerging asset class, providing investors with a more accessible and safer way to invest in Bitcoin. This report explores the positive impacts of Bitcoin ETFs on the cryptocurrency market and offers insights to help investors navigate these changes. Significance of Bitcoin ETFs: Bitcoin ETFs allow investors to invest in Bitcoin indirectly through traditional stock markets without needing to hold the cryptocurrency directly. This approach mitigates many of the technical and security risks associated with direct crypto investments, offering a convenient investment pathway, par
      78Comment
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      Bitcoin ETFs: A Catalyst for Crypto Market Growth
    • Ryan_Z0528Ryan_Z0528
      ·05-21

      Buffett is diversifying his portfolio, a sign that gold, bitcoin will shine even brighter!

      Ups. Even Americans are ditching $ Warren Buffett, the legendary investor, is making moves! He's selling 13% of his $Apple(AAPL)$ stocks, worth billions, and exiting the stock market slowly. But why? Buffett has long been a critic of $Bitcoin(BTC.USD.CC)$ , calling it "rat poison squared" and has also expressed disdain for gold, labeling it a "store of fear" rather than a store of value. However, he's recently changed his tune, investing a whopping half billion dollars in Barrick Gold! It seems Buffett is diversifying his portfolio due to concerns about dollar weakness. This could be a sign that $Gold - main 2406(GCmain)$ , Bitcoin and crypto will shin
      35.06K14
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      Buffett is diversifying his portfolio, a sign that gold, bitcoin will shine even brighter!
    • ShyonShyon
      ·05-27

      Crypto 🪙 🪙 🪙 Trend Now

      A new week begins!  By observing Bitcoin trend over this weekend, its four-hour chart seems unable to close at the 69,000 USD level. If the closing level is above this resistance level in four hours, I believe many investors will open their position and go long. Bitcoin 4h chart However, if the daily candlestick cannot holds 68500 USD today or tomorrow, Bitcoin may further push back to 66500 USD area. Therefore, I think currently is not the best time to place an order for Bitcoin yet, you can continue to observe its trend closely first. On the other hand, Ethereum seems to perform weaker than Bitcoin.  If the daily line closes above 3949 today or tomorrow, there is a chance for Ethereum to challenge the resistance of 4093. Af
      4.19K6
      Report
      Crypto 🪙 🪙 🪙 Trend Now
    • Tiger VTiger V
      ·05-19

      Is the New Round of Bitcoin Coming?

      The financial world is abuzz with speculation about a potential new surge in Bitcoin, fueled by recent developments reported by the Financial Times. The Chicago Mercantile Exchange (CME), the world's largest futures exchange, is currently discussing the launch of spot Bitcoin (BTC) trading. This move aims to cater to the growing demand for crypto assets from Wall Street fund managers. Meeting Institutional Demand This development follows the U.S. Securities and Exchange Commission's (SEC) approval of 11 spot Bitcoin ETFs in January. This approval marked a significant step for major Wall Street institutions entering the digital asset space. CME Group, which has already facilitated Bitcoin futures trading, will further simplify investor participation in basis trading through spot Bitcoin on
      213Comment
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      Is the New Round of Bitcoin Coming?
    • Tiger VTiger V
      ·05-18

      Bitcoin Bull Run Spurs Market Optimism

      Overall Market Overview Bitcoin is enjoying a resurgence, boasting a 9.7% increase this week as traders anticipate potential interest rate cuts following a softer-than-expected inflation report. The cryptocurrency surged past $66K midweek, driven by lower-than-expected consumer price index (CPI) data and tepid retail sales figures. This bullish sentiment has invigorated market activity, with investors eyeing potential policy shifts from the Federal Reserve. Bitcoin's Surge to $66K Bitcoin's price shot up by 8% to over $66K on Wednesday after inflation and retail sales reports indicated a cooling economy. This move reflects growing investor confidence in a more favorable monetary policy environment.  Impact on GBTC, COIN, MSTR, CLSK, and MARA GBTC (Grayscale Bitcoin Trust)
      203Comment
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      Bitcoin Bull Run Spurs Market Optimism
    • Tiger VTiger V
      ·05-22

      Ethereum ETFs Surge Amid SEC Speculation

      Overview: The cryptocurrency market experienced a significant boost following speculation about the U.S. Securities and Exchange Commission (SEC) potentially approving a spot Ethereum ETF. This development has caused notable movements in both the cryptocurrency prices and crypto-related stocks. Market Reaction: Ethereum's Price Surge: The news that the SEC requested an Ethereum ETF issuer to update its 19b-4 filing on May 20 has led to a surge in Ethereum's price. Bloomberg analyst Eric Balchunas indicated that the probability of a spot Ethereum ETF approval increased from 25% to 75%. Consequently, Ethereum's price jumped from around $3,100 to over $3,600. Bitcoin also benefited from the market's positive sentiment, reclaiming its position above $70,000. Crypto-Related Stocks Rally: Cry
      294Comment
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      Ethereum ETFs Surge Amid SEC Speculation
    • Tiger VTiger V
      ·05-21

      Bitcoin Correction: Is the Storm Over?

      Overview: Cryptocurrencies, particularly Bitcoin and Ether, surged to new six-week highs amid speculation surrounding the potential approval of a spot Ether exchange-traded fund (ETF) by the U.S. Securities and Exchange Commission (SEC). Monday witnessed remarkable performance in the crypto market, with traders seizing the opportunity following reports of the SEC's prompt request for regulatory filings updates from exchanges interested in trading Ether ETFs, fueling optimism for imminent approval. Bitcoin's Ascent: Bitcoin soared to $71,957, reaching levels not witnessed since April 9. Speculation regarding the Ether ETF has significantly contributed to this surge, enhancing the ongoing bullish sentiment in the crypto market, especially after last week's favorable U.S. Consumer Price Inde
      333Comment
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      Bitcoin Correction: Is the Storm Over?
    • ShyonShyon
      ·05-21

      Bitcoin 🪙🪙🪙 New high soon?

      As many of us can observe, Bitcoin seems to come back strongly this week. Personally I believe the correction is over for Bitcoin is over. [Call]  [Call]  [Call]  [Call]  [Call]    Bitcoin Bitcoin has surged above $70,000, climbing more than 5% in the past 24 hours. This significant Bitcoin price increase has sparked interest and curiosity within the market, seeking to understand the underlying factors driving this upward momentum. This change was driven by recent data showing a softening in U.S. inflation and significant interest in spot Bitcoin ETFs. The approval and launch of spot bitcoin exchange-traded funds in the U.S. this year has opened the asset class to new investors and reignited the excitement that evaporated when pri
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      Bitcoin 🪙🪙🪙 New high soon?