Bitcoin ETF Net Inflows Near $1B After Three Days
Grayscale’s GBTC has seen sizable outflows as investors cash following its conversion to a spot ETF.
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Grayscale’s GBTC has seen sizable outflows as investors cash following its conversion to a spot ETF.
The JPMorgan CEO said this will be the last time he airs his opinion on bitcoin.
Klyatn and Finschia Foundation have proposed to merge the two blockchains to create a Web3 powerhouse in Asia.
The news sent bitcoin tumbling early Tuesday, but the price quickly recovered.
The latest price moves in bitcoin [BTC] and crypto markets in context for Jan. 16, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Following the launch of bitcoin ETFs, market watchers are looking for the next event that could drive market prices.
The latest price moves in bitcoin [BTC] and crypto markets in context for Jan. 15, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
The approval of spot bitcoin ETFs in the U.S. was much anticipated and well-priced, so the event will likely be a short- to mid-term top for the price, analysts said.
The newly created ETFs could attract inflows of up to $36 billion from other crypto products like Grayscale Bitcoin Trust (GBTC), the report said.
Bitcoin’s RSI divergence signals correction, 10x Research said.