It appears that in a “weird” bull market, liquidity has skipped a few steps and moved directly from Bitcoin to memecoins, according to analysts. Following an untimely peak in Bitcoin and a significant rush into memecoins, experts in the cryptocurrency space are referring to the current cycle of Bitcoin halving as the “weirdest” bull market … Read more
Following BlackRock’s spot Bitcoin ETF IBIT reaching over $17 billion in Bitcoin assets, CEO Larry Fink unexpectedly expresses optimism about Bitcoin’s prospects. During an interview with Fox Business, CEO Larry Fink highlighted the remarkable success of IBIT, BlackRock’s spot Bitcoin ETF, describing it as “the most rapidly growing ETF in history.” Fink expressed surprise at … Read more
The Bitcoin shark generation has engaged in its biggest accumulating binge since 2012, according to on-chain data, within the last month. Over 268,000 BTC Have Been Purchased by Bitcoin Sharks in the Past MonthBitcoin businesses holding between 100 and 1,000 BTC have made some significant net buying moves in the last month, as analyst James … Read more
Matthew Hougan of Bitwise advised traders to “stay calm and maintain a long-term perspective.” Matthew Hougan, the chief investment officer at Bitwise, suggested that institutional investors could potentially invest up to $1 trillion in Bitcoin through exchange-traded funds (ETFs) as they gradually enter the crypto market. In a memo directed to investment professionals, Hougan acknowledged … Read more
While rivals have rebounded to their former trading levels, Cardano, conversely, has encountered challenges. In early March, Cardano garnered attention by surpassing historical resistance levels and surging to its highest point in two years at $0.8, fueling hopes of reaching the coveted $1 mark. With only a 20% gain needed to achieve this milestone, ADA … Read more
Peter Schiff, known for his criticism of Bitcoin, has shared his belief that gold may surpass Bitcoin in the coming month, despite CNBC’s Fast Money not suggesting gold ETFs. On Tuesday, Schiff expressed his views on the recent investment recommendations made on CNBCFastMoney via X (formerly Twitter). Despite gold reaching a record-high close, none of … Read more
With a $4.2 billion market capitalization, a $800 million stock offering would cause a 19% share dilution for CLSK. CleanSpark, a Bitcoin miner, experienced a 10% decline in after-hours trading on Thursday following an amendment to its at-the-market (ATM) offering agreement to sell up to $800 million of its stock. Initially, CleanSpark had entered into … Read more
Matt Hougan, Bitwise Asset Management’s Chief Investment Officer, is highly respected for his expertise in both exchange-traded funds (ETFs) and cryptocurrencies. He has been actively advocating for the transformative potential of cryptocurrencies in the financial sector, aligning with Bitwise’s mission to bridge traditional finance with the emerging crypto landscape. In a recent post on X, … Read more
A well-known analyst and trader are sharing his forecast for three cryptocurrencies amid a minor uptick in the markets. Addressing Near Protocol (NEAR), a layer-one blockchain, the analyst, known as Bluntz, suggests to his 251,200 followers on X that the Ethereum (ETH) competitor might surpass its recent peak of $9.01, which was last achieved about … Read more
Before its upcoming halving event scheduled for April 4, Bitcoin Cash (BCH) pleased its investors with a 13% surge in price. Is Bitcoin Cash (BCH) anticipating its halving event? The current block reward for BCH stands at 6.25 BCH, but it will be halved to 3,125 BCH after the event. This reduction in the rate … Read more