BTC

The Spot Bitcoin ETFs have seen their demand drop since the start of this month, and this was again evident in the considerable outflows recorded on April 26. This poor run has had far-reaching effects on the broader crypto market as Bitcoin’s price has succumbed to unfavorable market conditions.  Spot Bitcoin ETFS Record $217 Million Of Outflows Farside Investors revealed in an X (formerly Twitter) post that the Spot Bitcoin ETFs recorded $217 million of net outflows on April 25,…

● Robert Kiyosaki recognizes BTC as a top crypto to buy and supports Cathie Wood's $2.3M BTC prediction. ● Currently, Milei Moneda ($MEDA) is one of the best cryptos to invest in. Bitcoin (BTC) is one of the top crypto coins to invest in, and it’s not surprising that crypto analysts think highly of it. This is the case with Cathie Wood's wild prediction of BTC reaching $2.3M. If this prediction holds true, how does it affect Milei Moneda's ($MEDA)…

Grayscale experiences a record prolonged outflow caused by higher fees forcing investors to migrate to rival ETFs.  Grayscale CEO assures a possible fee reduction as the market matures, and claims the Fund has started to reach a little equilibrium.  The tide of assets fleeing the Grayscale’s Bitcoin Trust (GBTC) Fund sets an unprecedented prolonged record of 72 days, appearing to be in stark contrast to the nine other approved spot Bitcoin ETFs. This has been the case since the conversion…

The Bitcoin halving event has historically been viewed as a bullish signal for the cryptocurrency market. Bitcoin miners saw their daily income drop by 50% after the recent halving, posing challenges amid reduced block rewards. The Bitcoin halving is one of the most important events in the cryptocurrency space. The highly anticipated halving happened on Friday, April 19, signifying a crucial stage for the digital currency and its environment. The halving event has historically been viewed as a bullish signal…

The Bitcoin price continues to fluctuate wildly after crashing from its all-time high price above $73,000. This has triggered a wave of bearish sentiment in the market, causing a large number of crypto traders to go short on the pioneer cryptocurrency. As a result, these bears lose, risking a large amount if the Bitcoin price resumes its bullish rally. Bears Will Lose $7.2 Billion If Bitcoin Reclaims All-Time High In a post shared on X (formerly Twitter), crypto analyst Ash…

The post Bitcoin Death Cross Warns of Potential Sell Event; BTC Price at Risk?! appeared first on Coinpedia Fintech News In the last day, the cryptocurrency market suffered a significant blow, shedding more than $110 billion in total value. The global cryptocurrency market cap took a nosedive by over 4%, plummeting from $2.47 trillion to $2.36 trillion. Bitcoin, the leading digital currency, saw its price drop below $64,000, hitting a low of $63,589. This downward spiral has been pinned on…

Since the bear market in 2022, bitcoin (BTC) has witnessed substantial pullbacks, losing up to 23% of its value on some occasions. Understanding the depth of these declines could help investors maximize their returns, as rebounds from these drops usually yield substantial gains. According to a tweet by crypto trader and analyst Rekt Capital, accumulating BTC after a pullback of approximately 20% could fetch investors good money as the crypto asset resumes its upward trajectory. Bitcoin’s Pullbacks in This Cycle…

The popular bitcoin perma-bear Peter Schiff has carried out another verbal attack on X during the most recent price correction that drove the asset to a multi-day low of around $63,000. Schiff, known for his support and admiration for gold, believes BTC’s price could plummet even more if it breaks below $60,000. Not Looking Good? Although the fourth halving took place less than a week ago, an event typically related to the start of another bull run, many crypto experts,…

After a few days of hovering above $66,000, bitcoin (BTC) has dropped to a low of $63,500 amid heightened volatility. Coincidentally (or not), the amount of outflows from the United States spot Bitcoin exchange-traded funds (ETF) market on April 24 hit $120 million. BTC Plunges by 4.5% Data from CoinMarketCap shows that BTC lost roughly 4.5% of its value within a few hours, plummeting from $66,700 to $63,500. Although the leading cryptocurrency had recovered slightly by the time of writing…