BlackRock Bitcoin ETF Passes $30B, US ETFs Near 1M BTC
Continued ETF inflows might help Bitcoin hit an all-time high, which the asset came within $200 of on Oct. 29. BlackRock’s spot Bitcoin exchange-traded fund (ETF) has exceeded $30 billion in holdings, indicating a growing interest in the leading cryptocurrency. The largest asset manager achieved this $30 billion milestone less than 10 months after launching […]
Bitcoin in Bullish Setup Ahead of Election
Matthew Sigel noted that Bitcoin’s spot price surpassed $69,000, suggesting a potential push toward all-time highs. During an interview with CNBC on October 28, Matthew Sigel, who is the head of digital assets research at VanEck, stated that the performance of Bitcoin is generating a “very bullish setup” for the digital asset. This comes as […]
Bitcoin Reaches $70K Amid Rising ETF Inflows
This surge aligns with substantial inflows into Bitcoin exchange-traded funds (ETFs), which have totaled $25.4 billion year-to-date. As the amount of money flowing into Bitcoin exchange-traded funds (ETFs) in the United States continues to increase, the price of Bitcoin has just surpassed $70,000, marking its highest price since June 10 for the cryptocurrency. According to […]
Bitcoin Whale Holdings At All-Time High
Bitcoin’s price is above $68,000 after support at $65,500, with whale holdings rising as 297 new wallets holding over 100 BTC emerged in two weeks. The price of BTC has surged back above $68,000 today, after taking support at the $65,500 level. This comes at the same time that the Bitcoin whale holdings reached a […]
Bitcoin May be Used as Currency by 2030
Bitcoin mining difficulty has risen 378% in three years due to institutional investments, increasing competition and limiting individual miners. Bitcoin mining has become significantly more difficult over the course of the past three years, with the difficulty level increasing by 378 percent as a result of institutional investment in large-scale mining operations. This has led […]