Bitcoin News
Australians More Likely to Invest in Spot Bitcoin ETFs After U.S. Approval: Study
The 5th edition of the Independent Reserve Cryptocurrency Index has revealed that 25% of Australians view Bitcoin more favourably after the spot Bitcoin ETF approval in January.
Bitcoin Options Trader Takes $20M Bet to Hedge Against Prices Dropping to $47K
The strategy provides a hedge against a potential bitcoin price pullback to $47,000 and costs over $20 million, according to crypto block trading service provider Greeks.Live.
Bitcoin Order Books Are Most Liquid Since October as Market Depth Nears $540M
Order book liquidity indicates how easy it is to buy and sell large quantities at stable prices.
Bitcoin ETFs See Record $2.4B Weekly Inflows; BlackRock's IBIT Leads: CoinShares
Inflows accelerated last week, indicating increasing demand for the new spot-based exchange-traded funds, CoinShares head of research James Butterfill said.
First Mover Americas: All Eyes on Ether
The latest price moves in crypto markets in context for Feb. 19, 2024.
Ether's Fundamental Supply Outlook Better Than Bitcoin's, Analyst Says as ETH Tops $2.9K
Ether has rallied 16% in seven days, outperforming bitcoin's 8.5% rise.
2 Reasons Bitcoin Could Challenge Record High of $69K Before Halving
Data from past cycles entered around halvings and a key technical analysis tool suggest that the path of least resistance is higher.
Bitcoin Steady Over $52K;Traders Target $55K in Short-Term
However, ether will likely capture more hype and mindshare in the coming months on a potential ETF listing, one analyst said.
Bitcoin's Stall at $52K May Foreshadow Imminent Pullback Before Higher Prices: Swissblock
Bitcoin's uptrend is supported by strong trading volumes, a bullish sign for continuation, a FalconX report said.
