Bitcoin

The recent outflows from the Grayscale Bitcoin ETF sent shockwaves through the market, causing a significant drop in the price of Bitcoin. However, as the new week begins, a change in sentiment is starting to emerge as investors once again show bullish tendencies towards Bitcoin. The outflows from the Grayscale ETF have slowed down significantly,
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Bitcoin bulls have recently regained control of the market after a period of bearish sentiment, as evidenced by the significant inflows into Spot Bitcoin ETFs. Farside Investors reported that on March 27, Spot Bitcoin ETFs received a total of $243 million in inflows. This surge was primarily driven by BlackRock’s iShares Bitcoin Trust (IBIT) and
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Recent data from crypto analytics firm Glassnode has revealed that the amount of Bitcoin held on Coinbase has reached a 9-year low. This significant decrease in Bitcoin balance on the popular exchange signals a shift in investor behavior towards holding onto their assets for the long term rather than engaging in short-term trading. With only
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Bitcoin, the leading cryptocurrency asset, has been showing significant momentum lately, with a rise above $70,000 after a recent downward trend. Rekt Capital, a well-known cryptocurrency expert, has drawn attention to a pattern that resembles the pre-halving retrace that occurred in 2020 before Bitcoin surged to its previous all-time high. Despite the uncertainty in the
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