Almost $10 Billion Invested In US Bitcoin ETFs

Este artículo también está disponible en español. Since Donald Trump became president-elect a little more than a month ago, roughly $10 billion has flooded into US spot Bitcoin ETFs, showing growing optimism that his administration will support the cryptocurrency industry. According to Bloomberg, a dozen funds from big issuers including BlackRock and Fidelity Investments have…

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Ethereum Price Faces Pressure: Bulls Tested After Setback

Este artículo también está disponible en español. Ethereum price corrected gains below the $3,880 zone. ETH is now recovering some losses and facing hurdles near the $3,800 resistance zone. Ethereum started a downside correction below $3,880 and $3,800. The price is trading below $3,880 and the 100-hourly Simple Moving Average. There is a key bearish…

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Ethereum Funding Rates Hit Multi-Month Highs, But Is A Correction On The Horizon?

Ethereum, the second-largest crypto by market capitalization, has recently demonstrated strong bullish momentum, breaching above $4,000. It is worth noting that its price rally has been accompanied by a significant spike in its funding rates, a critical metric reflecting sentiment in the futures market. The metric, analyzed by CryptoQuant analyst ShayanBTC, has reached levels not…

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Bitcoin Bet For Amazon? 5% Stake Proposal Raises Eyebrows

Este artículo también está disponible en español. Bitcoin might become part of Amazon’s treasury strategy as the online retail giant’s shareholders are pushing for the adoption of the cryptocurrency in its assets. If Amazon embraces digital assets, it will join other business titans exploring the inclusion of Bitcoin in their asset portfolios. Related Reading Bitcoin…

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Bitcoin Is ‘Highly Likely’ In A Supercycle: Expert Explains Why

Este artículo también está disponible en español. Renowned macro analyst Alex Krüger posits that Bitcoin is “highly likely” in a supercycle. Krüger articulated his perspective via X, emphasizing the distinct trajectory Bitcoin is currently undertaking compared to previous market cycles. A Bitcoin supercycle is a theoretical phase wherein Bitcoin’s price is anticipated to ascend extraordinarily,…

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