BlackRock and ProShares’ Bitcoin ETFs Surpassed GBTC’s Daily Volumes
GBTC has led bitcoin ETF volumes, mostly in outflows, since the products started trading in early January.
Bitcoin
Traders Prefer Bitcoin to Ether Despite Developing Spot ETH ETF Narrative
The ether-bitcoin forward term structure is downward sloping structure, which means that traders expect ETH to perform weaker than BTC as time goes by, one trader said.
Bitcoin Steady at $43K as Tumbling U.S. Regional Bank Stocks Reignite Worries
Bitcoin so far remained muted compared to its vehement rally during the March banking crisis, but one analyst said he’s “cautiously long” amid the turmoil.
Taproot Wizards Delays ‘Quantum Cats’ for 3rd Time as Mint Site Gets Fixed, Tested
Taproot Wizards struggled with technical issues during Monday’s initial attempt to sell about 3,000 of the “NFTs on Bitcoin.” The team says they underestimated demand, and says the minting site is now fixed but needs more time for testing.
Crypto Startup Velar Plans Perpetual Swaps Exchange for Bitcoin DeFi After Raising $3.5M
Crypto trading startup Velar raised $3.5 million to build a suite of DeFi tools for Bitcoin’s nascent DeFi scene
First Mover Americas: Bitcoin Regains $42K Following Wednesday’s Dip
The latest price moves in bitcoin [BTC] and crypto markets in context for Feb. 1, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Germany Banking Giant DZ to Pilot Crypto Trading This Year: Bloomberg
The bank released a cryptocurrency custody platform in November.
Machine learning algorithm predicts Bitcoin price on February 29, 2024
Although Bitcoin (BTC) is struggling to retake the $43,000 price level, its crossing into the $40k region is important to … Continue reading
The post Machine learning algorithm predicts Bitcoin price on February 29, 2024 appeared first on Finbold.
ARK Invest Says Optimal Bitcoin Portfolio Allocation for 2023 Was 19.4%
The optimum allocation is up from 0.5% in 2015 and 6.2% in 2022.
It May Be Time for Bitcoin Traders to Focus on John Bollinger’s Price Bands Again
Bitcoin’s monthly chart Bollinger bandwidth resembles a pattern seen before the near-vertical rallies of 2020 and 2016.