Category: Bitcoin
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Crypto market ‘dramatically underestimates’ bullishness of spot Bitcoin ETFs
[ad_1] The potential of a spot Bitcoin (BTC) exchange-traded fund (ETF) approval to drive prices up is dramatically underestimated by the crypto market, claim analysts from crypto research firm K33 — formerly Arcane Research. In a Sept. 5 market report, K33 senior analyst Vetle Lunde and vice president Anders Helseth said the last three months…
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Is Bitcoin Losing Its Luster? Three Shocking Metrics Say Yes!
[ad_1] Bitcoin has long been the bellwether in the cryptocurrency market, guiding sentiment and market dynamics. But recent metrics reveal an unsettling trend. Indeed, the pioneer digital currency appears to be losing its allure. Analyzing market data, search trends, trading volumes, and investor behavior reveals an unsettling pattern of declining interest. Bitcoin Trading Volumes Drop…
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Spot Bitcoin ETF in America is ‘Inevitable:’ Former SEC Chair Claims
[ad_1] Jay Clayton – former Chairman of the US Securities and Exchange Commission (SEC) – thinks the regulator will sooner or later approve the launch of a spot Bitcoin exchange-traded fund (ETF). The agency recently decided to delay the applications of BlackRock and numerous other finance giants who displayed ambitions to introduce such a product.…
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What Traders Can Expect In The ‘Longest’ BTC Bear Market
[ad_1] Bitcoin (BTC) and the entire cryptocurrency market are currently caught in a sideways trading pattern, leaving investors grappling with uncertainty. In a market where prices can swing dramatically in a matter of minutes, such stability can be unsettling for traders. However, renowned crypto analyst Michaël van de Poppe, known for his insightful predictions, offers…
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Bitcoin chart highlights $24.7K as analyst says ‘nothing has changed’
[ad_1] Bitcoin (BTC) stayed below $26,000 into the Sep. 3 weekly close as analysis brushed off overly bearish trader sentiment. BTC/USD 1-day chart. Source: TradingView BTC price weekly close puts $25,900 in focus Data from Cointelegraph Markets Pro and TradingView showed BTC price avoiding volatility over the weekend, operating in a tight $200 range. An…