The debut of BlackRock’s Bitcoin ETF options on the Nasdaq has electrified the crypto space. It’s not just another financial product—it’s a sign of Bitcoin moving deeper into the mainstream. On day one, the iShares Bitcoin Trust ETF (IBIT) options saw an astounding $1.9 billion in trades. This massive interest showcases the hunger among institutions […]

Bitcoin has been on a wild ride, and recent events hint that it could reach the milestone of $100,000 sooner than we thought. With the BlackRock Bitcoin ETF (IBIT) leading inflows and Donald Trump back in the political scene, many analysts see a promising future for BTC. High-profile strategists like Eric Balchunas are optimistic, noting […]

Bitcoin is on fire, and BlackRock is leading the charge. With the recent Federal Reserve (FED) rate cut and excitement around Donald Trump’s election win, BlackRock’s Bitcoin ETF (IBIT) saw a massive $1.1 billion pouring in just one day. This historic surge represents 82% of all inflows across U.S.-listed Bitcoin ETFs on November 7. The […]

The crypto market has been on a rollercoaster lately. Bitcoin (BTC) and other major tokens saw a dip, while leverage-driven volatility and BlackRock’s iShares Bitcoin Trust (IBIT) ETF brought renewed interest. Let’s break down the key developments from the past few days. Bitcoin Struggles After Failing to Break $70,000 Over the weekend, Bitcoin nearly touched […]

The FBI arrested a hacker, Eric Council Jr., for his role in hacking the Securities and Exchange Commission’s (SEC) X account in January 2024. Council Jr., just 25 years old, was part of a scheme that posted a fake message claiming that the SEC had approved Bitcoin exchange-traded funds (ETFs). This tweet caused Bitcoin’s price […]

Despite a decline in positive sentiment towards Bitcoin, BlackRock’s spot Bitcoin exchange-traded fund (ETF) continues to attract substantial investment. Since last Monday, the BlackRock-issued iShares Bitcoin Trust (IBIT) has seen steady inflows. On July 18, the fund gathered an impressive $107 million. This marked the ninth consecutive day of significant investments. Remarkably, seven of these […]

Bitcoin has seen significant fluctuations recently. Investors are always on the lookout for opportunities, and a dip might just be the perfect time to jump in. Let’s explore the current landscape of BTC investing and why now could be a strategic moment. Bitcoin Dips and Investor Behavior Bitcoin’s price recently fell sharply, creating a dip […]

The cryptocurrency market recently faced a significant sell-off, impacting Bitcoin and other major cryptocurrencies. This article explores the key events that led to this shakeout and what it means for the future of Bitcoin’s price. Sudden Price Drop of Bitcoin Bitcoin experienced a sharp drop from its two-month high of nearly $72,000. This decline was […]

Grayscale has shown remarkable resilience in the cryptocurrency market, marking its first significant rebound with the latest influx of investments into its Bitcoin ETF, GBTC. This pivot could signal a new era of stability and growth for the fund which had previously faced a prolonged period of withdrawals. Here’s a closer look at this pivotal […]

The Bitcoin market is experiencing a significant transformation, marked by rising ownership and the advent of new investment structures such as Bitcoin and Ethereum ETFs. Despite the volatility and fluctuating inflows in Bitcoin ETFs, the approval of spot ETFs in Hong Kong and the increase in small BTC wallet holders signal a strengthening and broadening […]

Bitcoin is gearing up for a significant event known as the halving, which could dramatically alter its availability on exchanges. Bybit, a leading cryptocurrency exchange, predicts that if current trends hold, there could be a severe shortage of the digital currency on exchanges in just nine months. The halving will cut the new supply of […]

BlackRock Elevates Bitcoin ETF with Key Partnerships In an unprecedented move, BlackRock has expanded its Bitcoin ETF ecosystem by welcoming five Wall Street titans as authorized participants. This strategic enhancement not only signifies a monumental step for BlackRock’s iShares Bitcoin Trust (IBIT) but also marks a pivotal moment in the acceptance and integration of cryptocurrency […]