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Bitcoin ETFs Under Fire: Economist Predicts Trouble Ahead
Thursday, July 18, 2024 - 9:36am | 730Read More...Economist Peter Schiff has recently criticized Bitcoin exchange-traded funds (ETFs). While seasoned investors are selling their Bitcoin holdings in the spot market, less experienced investors are buying through ETFs, Schiff suggested. This could potentially set investors up for financial loss. On...
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Missed Out On Nvidia? Michael Saylor Says 'Get On The Bitcoin Standard' For Even Better Returns
Wednesday, July 17, 2024 - 10:43am | 1359Read More...Semiconductor stock NVIDIA Corporation (NASDAQ:NVDA) has been one of the best performing stocks over the last year and five years, but has been beaten by software company MicroStrategy Inc (NASDAQ:MSTR) for one key reason. What Happened: Nvidia stock is up 2,878% over the last five years and up 172...
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Bitcoin Spot ETFs Take In $79M On Thursday: Why Are They Suddenly On A Roll?
Friday, July 12, 2024 - 8:45am | 629Read More...Bitcoin (CRYPTO: BTC) spot exchange-traded funds (ETFs) experienced net inflows of nearly $79 million on Thursday, extending their positive streak to five consecutive days. What Happened: According to The Block, BlackRock's iShares Bitcoin Trust (NASDAQ:IBIT) led the inflows with $72.09 million....
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Bitcoin Option Traders Expect Near-Term Volatility, Crypto-Asset Trading Experts Say
Thursday, July 11, 2024 - 12:14pm | 516Read More...Bitcoin (CRYPTO: BTC) option traders are bracing for heightened volatility in the near future, according to a new report from QCP Capital. What Happened: The analysts on Thursday highlighted a five-point rise in front-end volatility for bitcoin options, The Block reported. This surge in volatility...
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Bitcoin Spikes To $59K, Retraces The Gains: What Is Going On?
Thursday, July 11, 2024 - 11:16am | 487Read More...Bitcoin (CRYPTO: BTC) spiked in early Thursday trading on positive macroeconomic data and strong ETF inflows before falling back below $58,000. What Happened: U.S. inflation turned negative in June, with the Consumer Price Index (CPI) reporting a negative 0.1% rate for June, against forecasts of a...
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Bitcoin Spot ETFs Keep Buying The Dip This Week: Here's Why
Wednesday, July 10, 2024 - 10:05am | 554Read More...Bitcoin (CRYPTO: BTC) spot ETFs recorded $216 million in net inflows on Tuesday after an already strong start to the week. What Happened: SoSoValue data shows BlackRock‘s iShares Bitcoin Trust (NASDAQ:IBIT) leading the charge with $121.03 million in inflows, followed by Fidelity‘s...
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What Dip? Bitcoin ETFs Shake Off 'Dumb Money' Label With $300M Inflows
Tuesday, July 9, 2024 - 9:23am | 574Read More...Spot Bitcoin (CRYPTO: BTC) exchange-traded funds (ETFs) saw nearly $300 million in net inflows on Monday — the highest since early June when BTC traded over $70,000. What Happened: Data from SoSoValue shows BlackRock's iShares Bitcoin Trust (NASDAQ:IBIT) led the buying spree with $187 million in...
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Bitcoin On Track To Hit New All-Time High By Weekend, Says Standard Chartered Analyst
Tuesday, May 21, 2024 - 11:40pm | 556Read More...Bitcoin (CRYPTO: BTC) is expected to reach a new all-time high by the weekend, according to a prominent analyst at Standard Chartered Bank. What Happened: Geoff Kendrick, the Head of FX Research and Digital Assets Research at Standard Chartered, predicted that Bitcoin could hit a new all-time high...
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Bitcoin ETF Slowdown A Brief Pause, Not A Negative Trend: Bernstein Says As BTC Trades 2% Lower
Monday, April 29, 2024 - 7:27am | 631Read More...The recent slowdown in bitcoin (CRYPTO: BTC) exchange-traded fund (ETF) inflows is a temporary pause, not a negative trend, according to a report by broker Bernstein. What Happened: Bernstein’s research report suggests that the current slowdown in bitcoin ETF inflows is merely a short-term...
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Robert Kiyosaki Says 'No' To Bitcoin ETFs: 'Prefer To Stay As Far Away From Wall Street's Financial Products As Possible'
Friday, April 12, 2024 - 1:15am | 716Read More...Renowned author, Robert Kiyosaki, has expressed his disinterest in Bitcoin (CRYPTO: BTC) ETFs, favoring direct ownership of assets over Wall Street’s financial products. What Happened: On Thursday, Kiyosaki, the author of “Rich Dad Poor Dad,” took to Twitter to answer a question...
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Edward Snowden Predicts SEC Will 'Lose So Hard In Court' against Coinbase: Gensler Had To Approve Bitcoin ETFs 'With Tears In His Eyes'
Wednesday, March 27, 2024 - 9:06pm | 726Read More...Whistleblower and Bitcoin (CRYPTO: BTC) supporter Edward Snowden isn’t bothered by the U.S. Securities and Exchange Commission’s latest legal wrangling with Coinbase Global Inc. (NASDAQ:COIN). What Happened: Snowden’s comment came in response to a tweet about a court ruling...
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Bitcoin Believer From 2018 Nails It: Is He Right About $150,000?
Monday, March 25, 2024 - 4:26pm | 414Read More...Thomas Lee, co-founder of Fundstrat Global Advisors, took a bullish stance on Bitcoin (CRYPTO: BTC) in 2018. His position seems prescient in light of today’s market. What Happened: Lee’s central argument rested on the potential of Bitcoin to become a mainstream store of value. The Wall...
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Forget What You Know About The Bitcoin Halving: Here's Why This Cycle Could Be Wild
Monday, March 25, 2024 - 10:13am | 562Read More...As the crypto market braces for the Bitcoin (CRYPTO: BTC) halving, crypto analytics firm Glassnode highlights a twist in the narrative — Exchange Traded Funds (ETFs) are now playing a dominant role in shaping market dynamics, potentially diminishing the traditional impact of the halving. What...
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Bitcoin Bull Run Far From Over, Says Crypto Trader Alex Krüger: 'We're Very Far Off On The Wirehouse Side'
Monday, March 18, 2024 - 7:08am | 675Read More...Crypto trader and noted economist Alex Krüger believes that the Bitcoin (CRYPTO: BTC) bull market is just warming up, with the full effects of the recently sanctioned Bitcoin ETFs yet to unfold. What Happened: In a recent conversation on the 1000x Podcast, Krüger delved into the complexities of an...
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EXCLUSIVE: Which Bitcoin ETF Is Preferred By Benzinga Users? 28% Say They've Already Bought Bitcoin ETFs
Wednesday, March 13, 2024 - 6:18pm | 895Read More...Leading cryptocurrency Bitcoin (CRYPTO: BTC) soared in value in 2024, setting several new all-time highs, including passing $73,000 for the first time Wednesday. Here's how Bitcoin ETFs could have played a role and what Benzinga users are saying about the new investment vehicles. What Happened: The...
















