Hong Kong Bitcoin ETFs not enough to absorb US ETF selling pressure
Despite the excitement around the Hong Kong ETF debut, the inflows are only a fraction of the outflows from U.S. ETFs. Could the Bitcoin price revisit the $50,000 mark next?
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Despite the excitement around the Hong Kong ETF debut, the inflows are only a fraction of the outflows from U.S. ETFs. Could the Bitcoin price revisit the $50,000 mark next?
The cryptocurrency XRP has made a significant move by surpassing Ether in terms of market capitalization, potentially changing the dynamics of the market. This shift could have a profound impact on the overall landscape of digital currencies. XRP, the digital asset associated with Ripple, has seen a surge in value recently, leading to its market [...]
The post XRP Surpasses Ether in Market Value: The Impact of Changing Market Dynamics appeared first on Crypto Breaking News.
In the past ten years, a myriad of digital currencies have emerged alongside bitcoin, forming a cryptocurrency ecosystem now worth $1.2 trillion. Within this realm, enigmatic figures known as crypto whales have played a pivotal role in the distribution, trading, and accumulation of coins across various projects. This study delves into the ten most valuable [...]
The post Exploring Crypto Whale Concentration: Unveiling the Rich Lists of the Top 10 Cryptocurrencies appeared first on Crypto Breaking News.
The facility owner Dynamics Mining publicly took to Twitter to share the letter terminating its hosting agreement with Compass Mining, saying it had unpaid bills.
Crypto Twitter is a powerful place. Not only does the online discussion follow the ups and downs of digital assets, but it can also shape price action. Oftentimes, a spike in Twitter attention can anticipate a dramatic increase in an asset’s price. Yet, in other cases, the order can be reversed, or there may be […]
Aaron Segal dissects Bitcoin using the laws of thermodynamics and the concept of monetary entropy.
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As interest in bitcoin exchange-traded funds (ETFs) heats up, a new report from blockchain analytics firm Glassnode examines how much bitcoin is actually available for purchase. The report, titled “How Many Bitcoin Are For Sale?” published on June 26, 2023, looks at exchange flows and onchain metrics to gauge bitcoin demand and supply dynamics. Bitcoin [...]
The post Report: US ETFs Signal Renewed Bitcoin Interest; BTC’s Limited ‘Hot Supply’ Eyes Bull Market appeared first on Crypto Breaking News.
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