Bitcoin ETFs Surge, Ethereum ETFs Decline
Bitcoin ETFs are swimming in cash with a $186.76M inflow, while Ethereum ETFs are dodging wallets with an $822K outflow. Is Bitcoin the new gold standard? ?? #Bitcoin #Crypto #Humor
Focuses exclusively on news and developments pertaining to Bitcoin, the first and most prominent cryptocurrency.
Bitcoin ETFs are swimming in cash with a $186.76M inflow, while Ethereum ETFs are dodging wallets with an $822K outflow. Is Bitcoin the new gold standard? ?? #Bitcoin #Crypto #Humor
Ohio Senator Niraj Antani proposes a bill for crypto tax payments and investment options for state universities and public pension funds. This move could spur innovation and influence federal policies on cryptocurrency adoption. #Crypto #Ohio #Update
Taiwan says “Aloha!” to foreign Bitcoin ETFs for pro investors! ?? But wait, there’s homework! ?? Non-institutional investors must first ace a crypto crash course. ?? Taiwan’s financial market just got a crypto makeover! ?? #Crypto #Humor
Bitcoin just hit $64K again! Is it the Fed’s magic rate cut or China’s economic wizardry? Either way, BTC is rocking the global stage. Grab your popcorn and watch the crypto show unfold! ?? #Bitcoin #Crypto #Humor
? Fed Chair Jerome Powell’s confidence in hitting the 2% inflation target has sparked excitement in the crypto world. With potential rate cuts on the horizon, $BTC could moonshot past $70K by October! ? #Bitcoin #Humor
?? Bitcoin to $70K in two weeks? Markus Thielen of 10x Research thinks so! With Tether and Circle pumping up stablecoin liquidity, and China’s $278B stimulus plan, we might just see BTC go parabolic. ?? #Crypto #Bitcoin
BlackRock’s latest crypto acquisitions include 182 BTC and 2.42K ETH, totaling $23 billion. Bitcoin ETFs attracted $136M, led by IBIT ETF ($98.9M), while ETHA ETF saw $59.3M of the $62.5M inflow. The SEC delays Ethereum ETF approvals.
Bitcoin ($BTC) hits $65K for the first time since August, driven by US Federal Reserve’s rate cuts and positive economic indicators. Crypto analyst Jelle targets $80K, citing bullish market structure and October’s historical profitability.
Bitcoin ETFs saw $105.84M inflows and Ethereum ETFs $43.23M on Sept 25, 2024, marking 11 positive days out of the last 13. This trend signals growing institutional trust in $BTC and $ETH through regulated investment vehicles. @HodlPress
BitMEX co-founder Arthur Hayes predicts $BTC will thrive from global quantitative easing, as increased money printing drives liquidity into cryptocurrencies. He advises against leverage, urging long-term holding, and warns of potential volatility risks.
Bitcoin ($BTC) projected to hit $70,000 by Oct 2024 and $1 million by 2025, driven by US election outcomes, ETF inflows, and potential legal tender status in countries like Bhutan, Argentina, and Dubai, says @100trillionUSD.
BlackRock increases its Bitcoin holdings by 529 BTC, now totaling 359,606 BTC valued at $22.82B. Institutional interest in Bitcoin ETFs grows as BTC climbs over 5% in a week, nearing $64,440 with potential resistance at $70K.
Bitcoin ($BTC) could surge in “Uptober” due to increased market liquidity from Fed rate cuts, rising institutional interest, and historical October trends. Anthony Pompliano notes Bitcoin’s sensitivity to global liquidity and institutional demand as key drivers.
Mt. Gox moves part of its $2.85B Bitcoin holdings, sparking repayment speculations. The exchange emptied four wallets after receiving $370K BTC from Kraken, with 44,899 BTC still held, indicating ongoing repayment efforts.