Trading
Bitcoin Drops Below $63K on Profit Taking as SafePal’s SPF Gets Points Boost
QCP Capital noted an increase in call spread buying with the selling of calls marked for the $100,000 per bitcoin level. The strategy suggesting a generally bullish mood, but not an explosive move higher in the short term.
By Shaurya MalwaAug 27, 2024
Bitcoin ETFs Log $250M Net Inflows, Highest Since July, After Rate Cut Signal at Jackson Hole
Trading volumes for the eleven ETFs crossed $3.12 billion to mark their highest level since July 19, SoSoValue data shows. BlackRock’s IBIT led trading activity and inflows at $1.2 billion and $83 million, respectively.
By Shaurya MalwaAug 26, 2024
AI Tokens Lead Crypto Market Ahead of Nvidia Earnings, Bitcoin Under $64K
Analysts polled by FactSet are expecting Nvidia to hit earnings of 65 cents per share, up 141% year-over-year.
By Shaurya Malwa, Sam ReynoldsAug 26, 2024
Bitcoin Tops $61K Before Powell's Jackson Hole Speech as Ether ETFs Face Record Outflows
Comments at the Jackson Hole symposium later Friday may give clues about the Federal Reserve monetary policies, will boost or undermine prices of risk assets, including bitcoin.
By Shaurya MalwaAug 23, 2024
Bitcoin Flipflops; MATIC, LINK Surge as Dim Market Action Continues
BTC retreated gains from late Wednesday, leading to similar price action among majors.
By Shaurya Malwa, Sam ReynoldsAug 22, 2024
BlackRock’s ETHA Becomes First Ethereum ETF to Cross $1B in Net Inflows
ETHA holds over $860 million in net assets. Only Grayscale’s mini ether trust (ETH) and Ethereum trust (ETHE) have more. Its net inflows are more than the next three highest ETF inflows combined.
By Shaurya MalwaAug 21, 2024
Bitcoin Metrics Signal Weak Demand as BTC ETF Hype Slows: CryptoQuant
Apparent demand has slowed considerably since early April and even dipped into negative territory this month, the firm noted.
By Shaurya MalwaAug 21, 2024
Bitcoin, Ether Held in BlackRock ETFs Cross Those of Grayscale’s for the First Time
Recent flows show GBTC experiencing outflows, while BlackRock's ETHA saw inflows, contributing to this shift.
By Shaurya MalwaAug 16, 2024
Record Drop in Ethereum Gas Fees Marks Historically Bullish Signal For ETH, Analyst Says
The fees represent a more than 95% drop from the 83.1 gwei levels in March, when the network saw a spike in activity.
By Shaurya MalwaAug 16, 2024
Bitcoin Drops to $58K After U.S. CPI Print, BTC ETFs Record $81M Outflow
Traders say bitcoin could drop to $55,000 in the near-term, but favorable Fed policies could set the stage for its next leg up.
By Shaurya MalwaAug 15, 2024
