Bitcoin ETFs Accumulate 100K BTC Amid Price Correction
Despite the ongoing price correction, nine new spot Bitcoin ETFs have amassed over 100,000 BTC, worth $4 billion. BitMEX CEO Arthur Hayes and crypto analyst Ali Martinez share their bearish views on the market. Nine new spot Bitcoin ETFs, which launched in the US and Canada in October 2023, have accumulated over 100,000 BTC, valued […]
API3 Breaks Resistance and Soars 100%: Can It Hit $4?
API3, a decentralized API network, has seen a massive price rally in the last 24 hours, breaking the previous resistance at $2.50 and reaching a new high of $3.20. Several factors, such as negative funding rates, market-making loans, and technical indicators, drove the rally. However, the price faces a strong resistance at $3.20, which could […]
Spot Bitcoin ETFs Reach $10B Trading Volumes in Record Time
According to James Seyffart, competition is a long-term journey and the recent debut of Bitcoin ETFs has been mainly successful. Spot Bitcoin ETFs have gotten off to a decent start since their introduction in the United States last week. James Seyffart, an ETF strategist at Bloomberg, says that within the first three days of their […]
First Bitcoin (BTC) Options Expiry After ETF Approval
The Bitcoin options data indicates that despite the recent approval of the ETF, the BTC price continues to experience short-term volatility. The price of Bitcoin has not changed much in response to the historic first day of trading for the spot Bitcoin ETF on Wall Street. Bitcoin is trading 0.87 percent lower at $46,080 with […]
El Salvador Bitcoin Gains Reach $12.6M After Two Years Of Decline
El Salvador’s investments continued to be less than what they had originally cost but the country is now seeing a rise in value, with unrealized gains totaling about $12.6 million, based on information from Nayibtracker. President Nayib Bukele, who expressed joy last month, noted that El Salvador’s cryptocurrency business had finally proven lucrative. He hailed […]