The Bitcoin ETF market exploded in 2024, generating record daily volumes surpassing $2 billion!
The Bitcoin ETF market exploded in 2024, generating record daily volumes surpassing $2 billion!
Bitcoin continues to astonish. Far from following the rules laid down by economists and financial analysts, it prefers to carve out its own path, demonstrating resilience and strength that leave skeptics speechless.
Bitcoin has enjoyed an incredible start to 2024 that has culminated in it passing the $50k mark for the first time since 2021. There are a lot of good feelings around the project at the moment as the Bitcoin halving event is just around the corner too. However, it is always important not to get too carried away as we know how quickly things can change with crypto. Later on in this piece, we will make a Bitcoin price prediction that is a little more cautious when compared to what we see from other experts that predict an over 100% surge by 2025. However, first, we want to look at the Bitcoin Minetrix (BTCMTX) presale and how it could actually be a driving factor behind Bitcoin’s success in 2024.
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The year 2024 is distinguished by significant developments in the cryptocurrency sector. Between Bitcoin's halving, Ripple's expansion in crypto custody, and strategic collaborations such as Solana and Filecoin, the crypto landscape is experiencing unprecedented dynamics. These developments, along with Bitcoin's rise in the global asset rankings and increased commitment from Ethereum, as well as calls for appropriate regulation of Bitcoin ETFs by U.S. banks, reflect a growing maturity and integration of cryptocurrencies into the global financial system. Here is a summary of the most notable news from the past week.
Bitcoin spot ETFs are seeing spectacular enthusiasm from investors. Fueled by BlackRock's IBIT ETF, they recorded net inflows of $2.2 billion during the week of February 12-16, 2023.
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It was 2018… and for the first time in crypto history, Bitcoin wasn't the project with the highest number of transactions in one day. Within 24 hours, BitShares reached 1,513,308 transactions, roughly 17.5 per second.
Is the current regulation on Bitcoin ETFs on the verge of a major revision? This is what a group of American banks wishes, as they recently invited the SEC president to review certain measures on the regulation of these assets. Details in the following article.
The billionaire Jeff Bezos, founder of Amazon, is once again making headlines. In recent days, he has been selling off a significant amount of shares in the company he founded. In light of doubts about the motives behind these transactions, some are wondering if the plan to acquire Bitcoin (BTC) is not behind all this.
Coin Metrics conducted a study on attacks against Bitcoin and Ethereum. The result: these cryptocurrencies are immune.
Hold on tight, the king of cryptos is about to erupt. Destination: shatter its all-time high of $64,100 achieved in 2021!
The comeback of bitcoin, which recently regained the symbolic threshold of $1 trillion market capitalization, whets appetites and revives competition with gold. Fueled by massive capital inflows into bitcoin spot ETFs, the king of cryptos could outshine gold sooner than expected.
While the debate rages on the legitimacy of bitcoin as a currency, SEC Chairman Gary Gensler recently highlighted distinctions between crypto and fiat currencies like the US dollar. His response once again resonates as a critique of Satoshi's invention.
Bitcoin has just reached a historical record against the yen, Japan's currency. This is also the case in nearly twenty other countries.
Bitcoin (BTC) is experiencing a remarkable resurgence. An opportunity that is always seized upon by Michael Saylor, the co-founder of MicroStrategy, to share his thoughts on what he believes will happen to the flagship cryptocurrency in the future. His projections regarding Bitcoin (BTC) are rarely pessimistic.
In the particularly thriving context of the crypto market lately, choosing wisely to position oneself on Bitcoin or Ethereum can be quite a dilemma. These two crypto ecosystems are market leaders. But they are distinct from each other in terms of functionalities and advantages. Understanding this divergence can be crucial for crypto investment choices.
Discover how stimulus plans and inflation could boost crypto currencies in 2024, according to Raoul Pal.
The Crypto Fear and Greed Index, which measures the sentiment of the crypto market, has reached its highest level since November 2021. This extreme greed reflects investors' optimism in the face of the ongoing price increases, but could also foreshadow an impending correction.
Exactly one year ago, the price of bitcoin (BTC) was around $20,000. Throughout the year 2023, the flagship cryptocurrency made headlines for its remarkable dynamism despite the ups and downs. Today, the asset is valued at over $50,000. A level it had not reached since December 2021. The surge of BTC to reach this level is from this point of view a major event for the crypto industry, whose resurgence in 2024 has been announced by a panel of experts. But how can we reasonably explain that in the space of a week, BTC has increased its valuation by 19% to currently trade around $51,600? This article will provide you with some answers.
Bitcoin (BTC) continues to capture the collective imagination, flirting with bold highs. The year 2024 for Bitcoin is marked by a convergence of key factors. On one hand, sharp technical analysis aligns with enthusiastic speculation among investors. On the other hand, institutional adoption is experiencing unprecedented growth. Together, these elements compose a compelling narrative: that of Bitcoin's meteoric rise. It evokes records worthy of the greatest science fiction novels.