One of the most common comparisons we’ve seen concerning the launch of spot Bitcoin ETFs in the United States is the one with the launch of the first gold ETF (GLD) in 2004. Interestingly, comparing the two asset classes’ premieres through their daily attestations reveals some illuminating data. For clarity and transparency, all data below …
Monthly archives: January 2024
Cathie Wood-led ARK Invest divests BITO shares to double down on in-house Bitcoin ETF
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Bitcoin Could Have a Pre-Halving Rally Before Skyrocketing 630%, per Michaël van de Poppe – But There’s a Catch
Cryptocurrency analyst and trader Michaël van de Poppe is expressing bullish sentiment on Bitcoin (BTC) over the coming weeks and months. Van de Poppe tells his 684,700 followers on the X social media platform that Bitcoin is likely to enjoy a rally ahead of the halving scheduled for April. According to the widely followed analyst, …
Stablecoins Remain Blockchain and Crypto’s ‘Killer App’ Amid Tech Advancements, Says Circle CEO Jeremy Allaire
Circle chief executive Jeremy Allaire thinks additional regulatory clarity will pave the way for increased stablecoin adoption in 2024. In a new interview with CNBC International TV, Allaire predicts that the recent approval of spot Bitcoin (BTC) exchange-traded funds (ETFs) in the US will act as “the tide that lifts all boats” in the crypto …
Ethereum-Based Altcoin That’s Surged 245% in Three Months Looks ‘Incredibly Bullish’ Versus Bitcoin, Says Trader
A closely followed crypto strategist thinks that one Ethereum (ETH)-based altcoin is about to soar against Bitcoin (BTC). Pseudonymous analyst The Crypto Dog tells his 750,500 followers on the social media platform X that the decentralized exchange protocol Injective (INJ) is looking bullish on the INJ/BTC trading pair chart. “Incredibly bullish structure.” Source: The Crypto …
Bitcoin ETFs Erupt With “Insane” Volumes 3X Greater Than All 500 ETFs Launched In 2023 Combined
Spot Bitcoin ETFs (exchange-traded funds) generated $1.8 billion in volume on Jan. 16, three times more than the combined trading volume that same day for […] Go to Source
Shiba Inu to Roll Out User-Friendly SHIB Name Tokens as Web3 Usernames
The developers behind leading meme coin project Shiba Inu have unveiled an ambitious plan to transform digital identity within the crypto sector. The initiative will introduce SHIB Name Tokens – unique usernames designed to replace wallet addresses across platforms. Keypoints Shiba Inu is introducing SHIB Name Tokens to simplify crypto transactions and serve as usernames …
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Nearly $2 billion in dormant Bitcoin moves after five years
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Bitcoin’s 200-week moving average breaks above $30,000 in market milestone
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ProShares seeks to add more Bitcoin ETPs with five leveraged and short ETF filings
Asset manager ProShares submitted applications for five new leveraged and inverse Bitcoin exchange-traded funds (ETF) with the U.S. Securities and Exchange Commission on Jan. 16. ProShares ETFs According to a Jan. 16 filing with the financial regulator, the new ProShares applications consist of the ProShares Plus Bitcoin ETF, ProShares Ultra Bitcoin ETF, ProShares UltraShort Bitcoin …
Grayscale Bitcoin Trust sees $1.18 billion exodus amid spot ETF popularity
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Veteran Trader Tone Vays Issues Urgent Bitcoin Warning, Says Bigger Correction Looming – Here Are His Targets
Veteran trader Tone Vays is issuing a warning that Bitcoin (BTC) could soon undergo a much bigger market correction. In a new video update, the seasoned analyst tells his 123,000 YouTube subscribers that Bitcoin could dip into the mid-$30,000 range if it fails to reclaim a key level. “All signs are pointing to a much, …
Can Emerging Markets Currencies Outperform the Global Economy in 2024
HodlX Guest Post Submit Your Post The global economic outlook for 2024 is far from certain and to borrow from David Kelly, chief strategist of JP Morgan – “Predicting the future is difficult.” Yet for many of the major economies such as the Eurozone, UK and US, challenges have mounted. While inflation fell at a …
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HELLO Labs Unveils Distribution Strategy for Killer Whales Series
January 16, 2024 – Dubai, United Arab Emirates HELLO Labs, a leading Web 3.0 entertainment company, is thrilled to announce an innovative distribution strategy for its highly anticipated TV series, ‘Killer Whales.’ The strategy involves a unique dual approach, blending the power of Web 3.0 and Web 2.0 premieres to engage a diverse and global …
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The ETF showdown: Bitcoin’s store of value vs Ethereum’s technological utility
Over the last few months, the crypto internet has been dominated by the Bitcoin ETF talk. And for a good reason. At a $835.7 billion market cap, the pioneering crypto makes up 49% of the total crypto market, consisting of tens of thousands of tokens. In Bitcoin’s 15-year life cycle, an exchange-traded fund (ETF) represents …
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