Bitcoin Whales Increased Holdings During Crypto Market Mayhem, but ETF Investors Didn’t Buy the Dip
Though posting net outflows on Monday, the spot ETF action did show some positive surprises, Bloomberg ETF analyst Eric Balchunas noted.
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Though posting net outflows on Monday, the spot ETF action did show some positive surprises, Bloomberg ETF analyst Eric Balchunas noted.
Bitcoin (BTC) has crashed again below the $60,000 technical and psychological support following macroeconomic developments and recession fears. The negative … Continue reading
The post Bitcoin needs to break this massive BTC sell wall to seek higher prices appeared first on Finbold.
Crypto bulls lost nearly $200 million in the past 24 hours as the week’s sell-off worsened over the weekend.
The crypto-Trump trade appears to be softening.
Donald Trump’s plan to make bitcoin a so-called strategic reserve asset doesn’t make much sense, the editorial board of the Wall Street Journal wrote in an op-ed Tuesday.
“It’s going to be extremely volatile this week, so I will not be surprised to see BTC price get another 10% drop/pump,” one analyst noted.
Former President Donald Trump, a sitting U.S. senator and some of the biggest names in bitcoin {{BTC}} investing all seem to agree that the U.S. should begin building a reserve of the most prominent crypto token. But concrete details are few, and it’s not an idea that’s likely to be executed anytime soon.
July 29 marks the 100th day since the Bitcoin blockchain cut per block mining rewards to 3.125 BTC from 6.25 BTC.
Mt. Gox payouts seem to have not spooked BCH holders as the forked version of bitcoin outperformed the market in an otherwise slow trading day.
Former U.S. President Donald Trump’s keynote address at the Bitcoin 2024 conference on July 27 in Nashville has sent ripples … Continue reading
The post Bitcoin sentiment after Trump’s speech is the most bullish since 2023 appeared first on Finbold.