Crypto funds pull in three-month high inflows
Net inflows into cryptocurrency investment products from November 5 to 11 totaled $42 million, versus outflows of $15.6 million a week earlier. Analysts at CoinShares said.
Crypto funds pull in three-month high inflows
Net inflows into cryptocurrency investment products from November 5 to 11 totaled $42 million, versus outflows of $15.6 million a week earlier. Analysts at CoinShares said.
FTX collapse drives record drawdown in exchange Bitcoin balances
Against the backdrop of the FTX collapse, there was a record outflow of bitcoins from exchange balances to cold wallets. The monthly pace reached 106,000 BTC, according to Glassnode analysts.
NYDIG chairman urges investors to choose Bitcoin over altcoins
The founder of the NYDIG platform, focused on institutional investors, Ross Stevens, urged crypto-industry participants to invest exclusively in Bitcoin.
Analysts identify $21,100–$23,500 as resistance for Bitcoin
Early signs of demand coincided with a record high in the number of bitcoins held by hodlers. For Bitcoin to continue its rally, digital gold must break through resistance at the levels indicated by several on-chain metrics, according to Glassnode analysts.
Investors trim investments in Bitcoin funds after Fed meeting
Outflows from cryptocurrency investment products from October 29 to November 4 totaled $15.6 million, versus inflows of $6.1 million a week earlier. CoinShares analysts provided these estimates.
Analysts forecast Bitcoin consolidation in a $16,500–$21,100 range
The price of the first cryptocurrency remains in the range of $16,500–$21,100, reflecting a fragile balance of supply and demand. On-chain indicators signal that there is no shift in initiative from bears to bulls and a risk of a new wave of coin redistribution, according to Glassnode analysts.
Analysts point to investor apathy in crypto funds
Inflow to cryptocurrency investment products from Oct 22 to Oct 28 amounted to $6.1 million, versus an outflow of $5 million a week earlier. Analysts from CoinShares said this.
Bitcoin white paper marks 14 years since publication
On 31 October 2008, Satoshi Nakamoto published the Bitcoin white paper. The technical document described the workings of a peer-to-peer electronic cash system that would revolutionise the world of financial technology.
Glassnode weighs bullish and bearish scenarios for Bitcoin
Analysts at Glassnode presented arguments for both optimistic and bearish scenarios for Bitcoin's outlook. Current historically low volatility signals a forthcoming breakout from consolidation.
Analysts report a modest outflow from crypto funds
Outflows from cryptocurrency investment products from October 15 to 21 totaled $5 million, versus inflows of $12 million a week earlier. CoinShares analysts attributed the figures.We use cookies to improve the quality of our service.
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