Should you go short on Ethereum? These whales suggest…
ETH’s supply on exchanges has risen 5% since Dencun. Whales were shorting ETH on exchanges. Ethereum [ETH] extended its losing streak by plunging 9% over the last 24 hours. The second-largest cryptocurrency has remained in the red since the activation of Dencun Upgrade,…
Bitcoin to $1M? Arthur Hayes sees ETF-fueled surge but…
Hayes attributed Bitcoin’s rise to $70k to ETFs. Investors have started to show an increased preference for BTC. In the wake of fluctuating Bitcoin [BTC] prices, Arthur Hayes, the co-founder of BitMEX, has issued an optimistic forecast for the cryptocurrency’s future. In…
GBTC: Bitcoin ETF ‘fees will come down,’ Grayscale CEO confirms
Grayscale’s CEO Michael Sonnenshein told CNBC on Monday that fees on its flagship bitcoin ETF will come down over time, softening an earlier stance defending costs above the market average. Grayscale’s GBTC has logged outflows of more than $12 billion…
Cathie Wood’s Ark Invest Isn’t Done Selling Shares Of Jack Dorsey-Led Block Yet — Sheds $7.5M Worth of Stock As Bitcoin Price Drops
On Tuesday, Cathie Wood-led Ark Invest offloaded a significant amount of Block Inc (NYSE:SQ) shares amidst a downturn in Bitcoin (CRYPTO: BTC) prices. The Block Inc Trade Ark Invest’s decision to sell off Block shares came as a surprise to…
Peter Schiff Slams Bitcoin ETF Trading Limitations, Takes Dig At MicroStrategy CEO Borrowing Funds For BTC Purchase: ‘Looks Like His True Intention Is To Manipulate…’
Gold bull Peter Schiff on Tuesday raised concerns about limitations in trading Bitcoin (CRYPTO: BTC) through an ETF. What Happened: Schiff explains in a post on X that these funds are only tradable during U.S. market hours. According to him,…
Bitcoin: Why a price prediction of $58K isn’t totally out of question
Bitcoin posted losses measuring 14% within the past six days. The NUPL usually does not stay above +0.6 for a prolonged period. Bitcoin [BTC] recorded losses amounting to 7.2% in ten hours before press time. The BTC pullback was live, as AMBCrypto…
Does MicroStrategy Now Own 1% Of Existing Bitcoin Supply? Big Win As Saylor Announces Purchase Of An Additional 9,245 BTC
MicroStrategy Inc., led by Chairman Michael Saylor, has made considerable investments in Bitcoin over the past several years. The buying activity has also picked up in recent months, as Bitcoin continues to soar and set new all-time highs. MicroStrategy’s most…
Bitcoin’s 13% correction – Experts have this to say about ‘for everyone’ BTC
Bitcoin’s latest corrections have fueled a lot of questions about the crypto Everyone from Peter Brandt to Peter Schiff to Michael Saylor had something to say Since the start of the week, Bitcoin [BTC] has faced a significant downturn, shedding more than…
Coinbase CEO says crypto is the ‘future of money’ – Do you agree?
Armstrong believes crypto is the future of money with several use cases. Coinbase strives to clear a key hurdle in the industry – regulatory clarity. The crypto market has long been associated with illicit activity and lack of real utility. Even…
Top Crypto Analyst Predicts Looming Crash Ahead For Bitcoin, Says “Too Early to Buy the Dip”
The post Top Crypto Analyst Predicts Looming Crash Ahead For Bitcoin, Says “Too Early to Buy the Dip” appeared first on Coinpedia Fintech News As the crypto market continues its price fall, investors are contemplating whether now is the right…