Bitcoin Price Falls to $64K Due to Mt. Gox Disbursement and Ethereum ETF Outflows
Posted inBitcoin Analysis Trending

Bitcoin Price Falls to $64K Due to Mt. Gox Disbursement and Ethereum ETF Outflows

July 25, 2024
Bitcoin (BTC), the world's oldest and most valuable cryptocurrency, struggled to maintain its early-day gains, falling to around $64,020, with an intra-day low of $63,904. It briefly touched $67,000 in the morning but couldn’t sustain it, dropping below $64,000. This decline is influenced by ongoing Mt. Gox repayments to creditors, which are increasing market supply ... Read more
Analyzing the Impact of Ethereum ETFs on Future Price Trends and Inflows
Posted inEthereum Analysis Trending

Analyzing the Impact of Ethereum ETFs on Future Price Trends and Inflows

July 23, 2024
As Ethereum ETFs debut on major stock exchanges, this analysis delves into projected inflows and their potential influence on ETH prices. By comparing the success of Bitcoin ETFs, we explore the possible impact on Ethereum prices in the upcoming months. Understanding Bitcoin ETF Inflows and Their Implications for Ethereum While Bitcoin ETFs have seen substantial ... Read more
Bitcoin Price Surges Above $62,000: Is a New Rally Beginning?
Posted inBitcoin Analysis Trending

Bitcoin Price Surges Above $62,000: Is a New Rally Beginning?

July 15, 2024
Bitcoin (BTC), the world's most valuable cryptocurrency, kicked off the week with a strong bullish trend, soaring past the $62,000 mark. This surge has sparked renewed interest in Bitcoin price predictions. Factors Fueling Bitcoin's Rise Several factors are driving this market optimism, including speculation about an alleged assassination attempt on pro-crypto U.S. presidential candidate Donald ... Read more
Bitcoin Price Prediction as Bears Take Control – Will BTC Fall Below $60,000?
Posted inBitcoin Analysis Market Trending

Bitcoin Price Prediction as Bears Take Control – Will BTC Fall Below $60,000?

June 24, 2024
Bitcoin (BTC) began the week on a bearish note, dropping significantly overnight from $64,380 to $62,650. Over the past week, BTC has declined more than 6%, currently trading around $61,090. Increased Selling Pressure and Miner Activity The decline can be attributed to selling pressure from 1.9 million addresses that bought Bitcoin between $63,490 and $64,930, ... Read more
Ether Could Drop to $2,400 After Launch of Spot Ether ETFs, Warns Crypto VC Founder
Posted inEthereum Analysis Market Trending

Ether Could Drop to $2,400 After Launch of Spot Ether ETFs, Warns Crypto VC Founder

June 24, 2024
The price of Ether (ETH) could face a significant decline to around $2,400 following the introduction of spot Ether exchange-traded funds (ETFs), a nearly 30% drop from its current value. This prediction comes from Andrew Kang, founder and partner at Mechanism Capital, a venture capital firm specializing in crypto investments. Kang shared his insights on ... Read more
Analyst Predicts ‘Tidal Wave’ of Institutional Money Entering Crypto
Posted inCrypto Analysis

Analyst Predicts ‘Tidal Wave’ of Institutional Money Entering Crypto

June 18, 2024
Institutional Investment in Crypto ETFs Set to Surge Analysts at H.C. Wainwright & Co. forecast a significant influx of institutional investment into crypto ETFs, emphasizing the necessity for regulatory clarity in the industry. Their optimism follows the recent Coinbase State of Crypto Summit in NYC, which underscored increasing institutional interest in digital assets. Positive Sentiment ... Read more
Ethereum ETFs Expected to Launch in July, Says Bloomberg Analyst
Posted inEthereum Analysis Bitcoin Trending

Ethereum ETFs Expected to Launch in July, Says Bloomberg Analyst

June 15, 2024
Bloomberg analyst Eric Balchunas has predicted that spot Ether (ETH) exchange-traded funds (ETFs) could begin trading in the U.S. as early as July. Balchunas revised his forecast, setting the over/under date to July 2. Balchunas noted that the U.S. Securities and Exchange Commission (SEC) staff had reviewed the S-1 filings from ETF issuers and found ... Read more
Global ETF Market Projected to Hit $35 Trillion by 2035, Analyst Predicts
Posted inBitcoin Analysis Ethereum Trending

Global ETF Market Projected to Hit $35 Trillion by 2035, Analyst Predicts

June 14, 2024
The global Exchange-Traded Fund (ETF) market is poised for significant growth over the next decade, with assets expected to reach $35 trillion by 2035. This projection, which anticipates the market more than doubling from its current $13 trillion, comes from Eric Balchunas, Senior ETF Analyst for Binance. Balchunas shared his insights on X, highlighting the ... Read more
Analyst from Fineqia Discusses Impact of Spot ETFs on Bitcoin’s Market Dynamics
Posted inBitcoin Analysis Market Trending

Analyst from Fineqia Discusses Impact of Spot ETFs on Bitcoin’s Market Dynamics

June 13, 2024
In an exclusive interview with Crypto.news, Matteo Greco, a research analyst at Fineqia International, delved into the current state of the Bitcoin ETF market and its future prospects. Bitcoin has proven to be one of the top-performing assets over the past decade. Initially a niche peer-to-peer payment system, it has now become a major asset ... Read more
Bitcoin Price Prediction: BTC Faces Potential Sell-Off Amid 2.5% Drop
Posted inBitcoin Analysis Market Trending

Bitcoin Price Prediction: BTC Faces Potential Sell-Off Amid 2.5% Drop

June 11, 2024
Bitcoin (BTC), the world's leading cryptocurrency, has continued its downward trend, trading around $67,925 and hitting an intraday low of $67,786. This 2.5% decline has raised concerns about a potential larger sell-off. Market Reaction to U.S. Employment Report The drop is largely attributed to a robust May employment report from the U.S., which revealed an ... Read more