Bitcoin-ETF approval expectations support inflows into crypto funds
CoinShares: inflows into cryptocurrency investment products from October 14 to 20 totaled $66 million, versus $15.2 million a week earlier.News, articles, and analysis on key events, indicators, and signals in the cryptocurrency market.
Bitcoin-ETF approval expectations support inflows into crypto funds
CoinShares: inflows into cryptocurrency investment products from October 14 to 20 totaled $66 million, versus $15.2 million a week earlier.
Bitcoin dominance reaches two-year high
On October 21, the Bitcoin dominance index reached 52.76% — the highest reading since April 2021.
Decline in market capitalisation and L1 activity — Binance Q3 report
Binance released a report on the state of the crypto market for Q3. According to the document, the three months proved difficult — overall industry capitalisation fell by 8.6%.
Matrixport: ETF approval could push Bitcoin to $56,000
Approval by the SEC to launch a spot Bitcoin ETF will lay the groundwork for Bitcoin's price to rise to $42,000–$56,000, according to Matrixport analysts.
Analysts outline features of Bitcoin price recovery
The current Bitcoin market structure shows similarities to the recovery phase after bear-dominated periods in 2016 and 2019, according to Glassnode experts.
QCP Capital: Bitcoin poised for decline despite hopes of ETF approval
Experts at QCP Capital questioned the SEC's readiness to approve the spot Bitcoin ETF by year-end, leaving BTC at the mercy of macro factors. The latest data point to downside risks.
CryptoQuant: Spot Bitcoin ETF approval would push Bitcoin to $50,000–73,000
The cryptocurrency market’s capitalization would rise by $1 trillion if a spot Bitcoin-ETF is approved in the United States. Analysts at CryptoQuant have provided such estimates.
Inflows into crypto funds continue for the third week in a row
CoinShares: inflows to crypto investment products from October 7 to 13 totaled $15.2 million, versus $78.4 million a week earlier.
Analyst assesses whale behaviour in Bitcoin and Ethereum
Since the start of the year, Ethereum whales (over 1,000 ETH, about $1.5m) have reduced positions by 12 million ETH, while Bitcoin whales (more than 1,000 BTC, about $26.9m) have been accumulating coins.
K33 Research: Ethereum Continues to Lag Bitcoin
Traders still prefer Bitcoin due to higher futures premia amid expectations of approval for spot ETFs. This was the conclusion reached by K33 Research.We use cookies to improve the quality of our service.
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