Charles Schwab is set to make waves in the crypto space by launching direct trading for Bitcoin and Ethereum on its platform, marking a pivotal moment for the adoption of these leading assets. Schwab, recognized as one of the largest financial institutions globally with trillions in client assets under management, is making a significant move … Read more
According to ETF analyst, Bitcoin ETFs provide a broader range of use cases for the typical investor’s portfolio compared to a gold ETF. Spot Bitcoin exchange-traded funds may exceed gold ETFs in total assets under management as investor interest grows beyond the conventional “digital gold” narrative. “There are just more use cases of why somebody … Read more
Bitcoin’s price experienced a decline following President Donald Trump’s indication of a possible increase in military action against Iran. This development led to a widespread pullback in global markets and sparked concerns about the potential for Bitcoin to test lower support levels. Following Trump’s address on April 1, Bitcoin’s price experienced a significant decline, plummeting … Read more
The last month has been challenging for bitcoin BTC $66,566.18 traders, with prices fluctuating in response to President Donald Trump’s indecisive remarks regarding Iran. One day he advocates for peace, causing bitcoin and risk assets to surge while oil prices decline; the following day, he adopts a hawkish stance, leading to a drop in bitcoin … Read more
Bitcoin sell pressure is escalating as the price approaches a sixth consecutive monthly loss. However, underlying flows reveal a divided market, with short-term holders exiting while institutions are stepping in to absorb the supply. Bitcoin’s price dipped below $65,000 late Tuesday, a notable decline from its earlier peak of over $74,000 in March. The recent … Read more
In week 14, Bitcoin experienced a continuation of its downtrend, with price action finding support around the $65,000 mark, as detailed in latest market pulse report. The leading cryptocurrency dipped below $68,000 mid-week, tested support at $65,000, and then made a modest recovery to around $67,000 as the weekend approached. The trend of lower highs … Read more
Over the past week, Bitcoin’s price faced challenges, reflected in its ETF market, where Bitcoin spot ETFs experienced their first net outflows in a month. Prior to this trading session, these investment funds had enjoyed a four-week bullish run, leading to a total net inflow of $2.21 billion. Data reveals that the total trading activity … Read more
On Yesterday, Bitcoin’s price dipped below $66,500, marking its lowest point in over two weeks. This decline was driven by a surge in long liquidations coupled with increasing macroeconomic pressures impacting the crypto market. According to data, nearly $300 million in long positions were liquidated over the past 24 hours, while short liquidations amounted to … Read more
Bitcoin price surged on Yesterday as market participants responded to indications that Iran might pursue a complete resolution to its conflict with Israel, rather than just a temporary ceasefire. The change in tone, as highlighted by regional media and reflected in diplomatic signals from Washington, contributed to a rise in risk assets and a decline … Read more
Crypto markets experienced a notable rebound at the beginning of the week, with bitcoin regaining the $70,000 mark as diminishing geopolitical tensions bolstered risk appetite. The action came after a brief halt in U.S. attacks on Iranian energy assets, contributing to a decline in oil prices and alleviating concerns about inflation. Wintermute’s latest market outlook … Read more