‘Greater Fools Are Watching’: Bitcoin Is Here to Stay, Elites Admit
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Positive drivers such as spot ETF inflows are likely to meet some important macro and technical headwinds in the coming weeks, the report said.
The KOSPI trading volume recorded 11.4794 trillion won on Mar.8, compared to nearly 12 trillion won on local crypto exchanges on Sunday.
Products would be available to professional investors while retail consumers remain banned, the regulator said.
The leading cryptocurrency had crossed $70,000 for the first time ever last week.
The BOJ has long been seen as a major source of uncertainty for financial markets, including cryptocurrencies.
In less than two months of existence, the BlackRock iShares Bitcoin ETF (IBIT) has accumulated more bitcoin {{BTC}} than the largest corporate holder, MicroStrategy (MSTR).
The activist investor has previously mostly steered clear of any involvement in crypto.
Gold, Bitcoin (BTC), and the S&P 500 peaked at new highs on March 8, quickly retracing to levels seen on … Continue reading
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The iShares Bitcoin Trust (NASDAQ: IBIT), owned by BlackRock Inc. (NYSE: BLK), has been trading since January 11. Nearly 40 … Continue reading
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