BlackRock’s iShares Bitcoin Trust (IBIT) fund has received no new investments. This lack of flow does not necessarily indicate a decrease in investor interest. The lack of entries in BlackRock’s IBIT comes as Bitcoin consolidates. BlackRock’s Bitcoin ETF experienced three consecutive days of no new investments. This is in stark contrast to other Bitcoin ETF […]
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The crypto analyst’s broader prediction focuses on a drop to around $30,000. Cryptocurrency market capitulation is understood as a period where investors aggressively sell their assets of one or several currencies in particular, due to various factors such as sudden price drops, high volatility, and large sales volumes. A collapse in prices is a factor […]
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Ripple argues that the SEC’s allegations are baseless and lack adequate evidence. Last week, the legal battle between Ripple and the US Securities and Exchange Commission (SEC) progressed to trial, with many expecting a resolution soon. Attorney James K. Filan announced a new schedule from Judge Sarah Netburn, focused on the motion for relief and […]
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Franklin Templeton’s relisting on the DTCC platform comes amid the SEC’s ongoing deliberations regarding the approval of Ethereum spot ETFs. Franklin Templeton’s Ethereum Spot ETF ticker has appeared on the Depository Trust and Clearing Corporation (DTCC) listing, indicating a possible sign that the United States Securities and Exchange Commission (SEC) could approve Ethereum ETFs. Franklin […]
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During this just-ended week, Bitcoin whales noticeably increased the trend towards accumulation by +3.34% week-on-week. However, overall volume saw a sharp decline and arbitrage remained the preferred activity. This week, the price of BTC remained relatively stable until recent days, when a period of decline began. The latter was linked to macroeconomic data from the […]
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