Bitcoin Rallies 6% Above $42,000: ‘Very Bullish Long Term’ Development, Says Technical Analyst
Just days after a technical analyst suggested the Bitcoin (CRYPTO: BTC) chart is “beautifully bullish,” Bitcoin surged beyond $42,000. What Happened: Bitcoin rallied 5.6% beyond the $42,000 mark to end the week on a high. Technical analysts now see a…
BlackRock’s Bitcoin ETF has $2 billion in assets under management — and is expected to soon surpass GBTC | CoinDesk JAPAN
BlackRock’s iShares Bitcoin ETF (IBIT) became the first Bitcoin (BTC) spot ETF approved in January to reach 2 billion in assets under management (AUM). USD (approximately 296 billion yen, equivalent to 148 yen to the dollar). However, it does not…
Ark buys $62.3 million worth of its own ETFs, BITO sells $42.8 million worth | CoinDesk JAPAN
ARK Invest sold the ProShares Bitcoin Strategy ETF (BITO) last week while adding to its spot Bitcoin exchange-traded fund (ETF). Cathie Wood’s investment firm has sold a total of 2,226,191 shares of the Bitcoin futures ETF BITO from the Next…
Bitcoin could reach the mid-$20,000 range: Former Ark crypto asset manager | CoinDesk JAPAN
Bitcoin (BTC) has not bottomed out yet, said Chris Burniske, a partner at venture capital firm Placeholder and former head of crypto assets at Ark Invest. He expects the stock to fall to at least the $30,000 to $36,000 range,…
Arthur Hayes: “Bitcoin support line is between $30,000 and $35,000â€
Virtual currency market analysis Arthur Hayes, former CEO of the crypto asset (virtual currency) exchange BitMEX, stated on the 24th that the support line for Bitcoin (BTC) is between $30,000 (approximately 4.4 million yen) and $35,000 (approximately 516 million yen)….
Grayscale’s GBTC has moved over 100,000 BTC to exchanges since the launch of Bitcoin spot ETF | CoinDesk JAPAN
Grayscale Bitcoin Trust (GBTC) moved over 19,000 BTC from publicly known wallets on the morning of the 14th. According to data compiled by Arkham, Grayscale has moved nearly 113,000 BTC from wallets since its Bitcoin spot exchange-traded fund (ETF) began…
Elon Musk-Led Tesla’s Bitcoin Reserves Steady At $184M, Didn’t Buy Or Sell BTC In Q4
Tesla Inc (NASDAQ:TSLA), the electric vehicle giant helmed by Elon Musk, maintained its Bitcoin (CRYPTO: BTC) reserves throughout the fourth quarter of 2023, as revealed in the company’s earnings report. What Happened: Tesla neither sold nor purchased any Bitcoin, reflecting…
Bitwise releases wallet address – first Bitcoin spot ETF provider | CoinDesk JAPAN
On the 24th, crypto asset management company Bitwise became the first Bitcoin spot ETF (exchange traded fund) issuer to publicly release its wallet address. Bitwise posted a screenshot on X (formerly Twitter) showing the Bitcoin address and holdings (11,858 BTC)…
Will revitalizing Bitcoin L2 development lead to rapid growth of the ecosystem?
BTC L2 development flourishes According to the BitVM community, Bitcoin L2 development is gaining momentum, with over 30 projects currently available on the market. Project areas span a wide range of areas, including sidechains, off-chain computation, rollups, data availability, integrated…
Bitwise Bitcoin ETF Becomes First Spot ETF To Publish BTC Addresses — Balaji Srinivasan Responds ‘Satoshi SEC’
Bitwise Asset Management, a cryptocurrency investment firm, stepped into the spotlight Wednesday by revealing the digital wallet addresses of its Bitwise Bitcoin (CRYPTO: BTC) ETF. What Happened: The San Francisco-based company presented a snapshot of their holdings, which included 11,858…