Spot Bitcoin ETFs Could Cross 1M BTC From November Trends
Spot Bitcoin ETFs will need to generate an average of $301 million in net inflows per day to cross 1M BTC. As traders prepare for potential crypto-positive trends in November, the United States spot Bitcoin ETFs may accumulate 1 million Bitcoin in holdings as early as this week. Spot Bitcoin ETFs Trends and Inflows These […]
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 […]
Peter Schiff Compares MicroStrategy to Gold Stocks as It Hits High
Peter Schiff has compared MicroStrategy to gold mining companies in anticipation of the MSTR stock’s highest close since 2020. Noted economist Peter Schiff recently compared MicroStrategy to gold mining companies as the MSTR stock rallies toward its highest close since March 2020. Peter Schiff: MicroStrategy Comparable to Gold Stocks Amid MSTR Surge Schiff remarked that […]
7 Best Coins to Mine for Maximum Profit in 2024
Here, we’ll explore the top seven coins to mine in 2024 for maximum profitability, considering both short-term and long-term gains. Cryptocurrency mining remains a lucrative opportunity for those who understand the market dynamics. While some coins have become increasingly difficult to mine due to rising hash rates and reduced profitability, there are still several promising […]
HKEX Introduces Digital Asset Index Amid Hong Kong’s Crypto Licensing Expansion
HKEX’s new index series will provide a single reference price for Bitcoin and Ether, aligning with Asia-Pacific trading hours, and intends to increase transparency in the digital asset market. Hong Kong Exchanges and Clearing (HKEX), a global exchange group listed on public markets, recently announced the launch of a digital asset index series aimed at […]