BlackRock’s iShares Bitcoin Trust (IBIT) recorded its biggest daily outflow since it launched a year ago, as US trading resumed following the New Year’s Day closure.
BlackRock’s spot Bitcoin $Bitcoin (BTC.CC)$ exchange-traded fund saw a record outflow of $332.6 million on Jan. 2, according to data from Farside Investors.
It was the biggest outflow since the product launched in January 2024, eclipsing a previous record of $188.7...
BlackRock’s spot Bitcoin $Bitcoin (BTC.CC)$ exchange-traded fund saw a record outflow of $332.6 million on Jan. 2, according to data from Farside Investors.
It was the biggest outflow since the product launched in January 2024, eclipsing a previous record of $188.7...
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Ether could be one of the leaders of a potential Q1 rally in 2025, should history repeat itself, though one industry analyst warns a “hawkish” macro climate could slow market momentum.
The first quarters of a new year following a United States election and Bitcoin halving cycle have produced some of Ether’s best-performing quarters, notably Q1 2017 and Q1 2021, when it rallied 518% and 161%, respectively, CoinGlass data shows.
Th...
The first quarters of a new year following a United States election and Bitcoin halving cycle have produced some of Ether’s best-performing quarters, notably Q1 2017 and Q1 2021, when it rallied 518% and 161%, respectively, CoinGlass data shows.
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Bitcoin dropped to its lowest price since late November, dampening hopes of a “Santa Claus rally,” which have historically resulted in solid gains over the holiday period in years that preceded market cycle peaks.
Bitcoin $Bitcoin (BTC.CC)$ fell to $92,442 during late trading on Dec. 23, its lowest price in four weeks, and a correction of 14.5% from its all-time high of just over $108,000 on Dec. 17.
It briefly rebounded to recla...
Bitcoin $Bitcoin (BTC.CC)$ fell to $92,442 during late trading on Dec. 23, its lowest price in four weeks, and a correction of 14.5% from its all-time high of just over $108,000 on Dec. 17.
It briefly rebounded to recla...
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Bitcoin reclaimed the key $100,000 psychological level shortly after it slipped below six figures, giving one crypto analyst reason for a short-term bearish view, while others dismissed the dip as routine.
“Bitcoin is developing a bearish engulfing weekly candlestick formation,” pseudonymous crypto trader Rekt Capital told their 518,900 X followers in a Dec. 19 post.
Bearish pattern can’t be confirmed yet
Rekt said ther...
“Bitcoin is developing a bearish engulfing weekly candlestick formation,” pseudonymous crypto trader Rekt Capital told their 518,900 X followers in a Dec. 19 post.
Bearish pattern can’t be confirmed yet
Rekt said ther...
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After a 208% breakout in early November, Dogecoin $Dogecoin (DOGE.CC)$ has consolidated within a tight range between $0.35 and $0.48 for four weeks. DOGE’s recent price correction led to a breakout below an ascending trendline, indicating a potential bearish trend shift.
However, one analyst pointed out that Dogecoin could be on the brink of another uptrend based on a key technical indicator and repetitive setup from M...
However, one analyst pointed out that Dogecoin could be on the brink of another uptrend based on a key technical indicator and repetitive setup from M...
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Key takeaways
– Crypto correlation measures the relationship of market price movements between cryptocurrencies and traditional finance assets.
– A coefficient number ranging from +1.0 (positive correlation) to -1.0 (negative correlation) is used to give insight into risk management with crypto correlation.
– Investors use crypto market correlation strategies to hedge against market volatiles, building a portfolio of assets with varying d...
– Crypto correlation measures the relationship of market price movements between cryptocurrencies and traditional finance assets.
– A coefficient number ranging from +1.0 (positive correlation) to -1.0 (negative correlation) is used to give insight into risk management with crypto correlation.
– Investors use crypto market correlation strategies to hedge against market volatiles, building a portfolio of assets with varying d...
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Bitcoin has just surged past the $100k mark – a breakthrough I was expecting, but honestly, even faster than I imagined. With BTC pushing ahead like this, it’s incredible to see it hit $100k before Christmas.
And just when things are heating up, I noticed that Moomoo SG has rolled out a new feature: crypto accounts now support direct bank transfers for deposits.
It looks like this feature is tailor-made for crypto enthusiasts like me. Previously...
And just when things are heating up, I noticed that Moomoo SG has rolled out a new feature: crypto accounts now support direct bank transfers for deposits.
It looks like this feature is tailor-made for crypto enthusiasts like me. Previously...
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Cardano $Cardano (ADA.CC)$ whales, who have been instrumental in driving the cryptocurrency’s price by 270% in the last 30 days, have now sold a bunch of tokens. This sell-off comes ahead of this week’s token unlock, which market participants expect will cause volatility.
As of this writing, ADA trades at $1.23. Will this sell-off draw the price down further?
Cardano Key Holders Offload Some Tokens
On Monday, December 2, Cardano...
As of this writing, ADA trades at $1.23. Will this sell-off draw the price down further?
Cardano Key Holders Offload Some Tokens
On Monday, December 2, Cardano...
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XRP continued its weekend surge into Sunday, popping above the $2.00 mark for the first time in almost seven years and flipping Solana by market cap, while Ethereum reached a six-month peak. $XRP (XRP.CC)$ $Solana (SOL.CC)$ $Ethereum (ETH.CC)$
The price of XRP is currently sitting at $2.16 as of this writing, the highest price seen since January 2018 and the first time it's topped the $2.00 milestone in the same...
The price of XRP is currently sitting at $2.16 as of this writing, the highest price seen since January 2018 and the first time it's topped the $2.00 milestone in the same...
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Bitcoin’s quest for $100,000 hit an impasse as sellers took control and pushed $Bitcoin (BTC.CC)$ price under $93,000. Margin traders sitting in long positions saw heavy losses as the total crypto market liquidations on the buy side reached $337.6 million over the past 24 hours.
Proof of the liquidations-driven sell-off can be seen in the chart below depicting volume-by-side data for major centralized exchanges ...
Proof of the liquidations-driven sell-off can be seen in the chart below depicting volume-by-side data for major centralized exchanges ...
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