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  • GBTC outflows pull down ETF momentum March 1, 2024
    Bitcoin ETFs lost their momentum amid heavy outflows from GBTC. On February 29, 2024, the number stood at $599 million. Since the US Securities & Exchange Commission announced the launch of Spot Bitcoin ETFs on January 10, 2024, this is the second-highest outflow. Nevertheless, BlackRock and Fidelity continued to see an upward trend in their […]
    David Cox
  • Crypto rally pushes Bitcoin to best monthly gain since Oct. 21 March 1, 2024
    The crypto market has ended its long slump as tokens reach their former glory. The recent rally saw Bitcoin surging for a fifth consecutive day on Wednesday. The rally helped BTC register its best monthly gain since October 2021. The token rose as much as 4.9% to reach $59,494 on Wednesday. February 2024 has been […]
    Trevor Holman
  • JPMorgan predicts Bitcoin correction following halving March 1, 2024
    Bitcoin has retraced to $61,500 at the time of articulating this piece. That is a fall of 2.50% in the last 24 hours. It briefly touched the milestone of $63,000; however, it is now rallying downward on the chart. An analyst at JPMorgan has predicted that a Bitcoin price correction could happen when the euphoria […]
    Roxanne Williams
  • Bitcoin ETFs touch $7.6 billion in volume February 29, 2024
    Bitcoin ETFs have shattered volume records once again. The reported number stands at $7.6 billion, with BlackRock leading the way. IBIT recorded a total of $3.3 billion, out of which $2.2 billion was recorded until 1 p.m. ET. The numbers are true as of the end of Wednesday. Next in line are Grascale’s GBTC and […]
    Roxanne Williams
  • Bitcoin skyrockets; analysts lay out the reasons February 29, 2024
    Bitcoin is exchanging hands at $63,330.60 at the time of articulating this piece. The vertical rise of 10.845 in the last 24 hours is the center of attention, with several analysts quoting reasons, backing the further rise of the token in their own words. It brings BTC close to the previous ATH, setting the stage […]
    Trevor Holman
  • BTC supply in profit ratio is at 94.98%, which is very high February 28, 2024
    The profit ratio for the supply of Bitcoin is the highest at 94.98%. It serves as an indicator for determining the highs and lows of a prolonged cycle. The present ratio is identical to the ratio documented during the zenith of the echo bubble in 2019 and the onset of the bull market in 2020. […]
    David Cox
  • The rising dominance of mobile iGaming with Bitcoin! February 28, 2024
    The intersection of the mobile iGaming industry and cryptocurrencies has given birth to a revolutionary concept known as Bitcoin mobile iGaming. This has become an emerging sector, experiencing remarkable innovation and growth and presenting challenges and opportunities for players and developers. The technological advancement has led to a massive increase in the popularity of mobile […]
    Roxanne Williams
  • How athletes are driving mainstream adoption of Bitcoin? February 28, 2024
    Bitcoin has exploded in popularity over the past few years, going from an obscure cryptocurrency to a mainstream financial asset class. While the average person may struggle to understand Bitcoin and its underlying blockchain technology, high-profile athletes have driven broader public awareness and adoption. Through partnerships with crypto platforms, adding Bitcoin to their investment portfolios, […]
    David Cox
  • Peter Brandt raises his projection for the Bitcoin price to $200k February 27, 2024
    Peter Brandt, a notable trader in the crypto sphere, raised his projection for the value of Bitcoin tokens. Brandt expects the bull market cycle to last until August/September next year, that is, 2025. The earlier projection had a value of $120,000. He raised that to $200,000. Irrespective of the mark he puts forward, both values […]
    Roxanne Williams

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