BlackRock leads as Bitcoin ETFs hit record $673 million inflow in a single day
BlackRock leads as Bitcoin ETFs hit record $673 million inflow in a single dayCollective net flows into Bitcoin ETFs soar to $7.4 billion, equivalent to 145,000 Bitcoin.
Happy Thursday!The global crypto market cap is $2.31 trillion, with a 24-hour volume of $187.91 billion. The price of Bitcoin is $62,188.42, and BTC market dominance is 53.0%. The price of Ethereum is $3,433.90, and ETH market dominance is 17.9%. The best-performing sector is Meme, which gained 24%. The Crypto Fear & Greed Index is currently Greed (80). Top News
BlackRock leads as Bitcoin ETFs hit record $673 million inflow in a single dayCollective net flows into Bitcoin ETFs soar to $7.4 billion, equivalent to 145,000 Bitcoin. Binance drops Nigerian naira from P2P platform amid forex manipulation concernsThe Nigerian authorities have intensified their focus on Binance amid the escalating foreign exchange issues. Coinbase crashes due to technical issues after Bitcoin touches $63KThe outage caused unbridled speculation over the cause on social media, with opinions ranging from retail entering the market to the exchange getting hacked. Marathon posts record growth in 2023 earnings, unveils Bitcoin Layer-2 AnduroThe company mined a record 12,852 BTC in 2023, which drove its revenue to $387.5 million. Latest Insights
More NewsAt $61,594 Bitcoin is at fair market price according to the power law modelBitcoin exits the bear market as logarithmic model suggests current price is 'fair value.' Ark Invest and 21Shares enhance Bitcoin ETF transparency with Chainlink integrationMarket observers have urged the Bitcoin ETF issuers to embrace industry-standard transparency measures. The Bitcoin market faces a critical moment amid soaring unrealized profitsSpot ETF inflows and bullish sentiment buoy Bitcoin, despite potential volatility from unrealized gains. Price speculators sees highest single-day loss of $774 million YTD amid Bitcoin upward trajectoryBitcoin's price swings in a largely positive market left eggs on the face of some traders. Apple teases generative AI plans, hints at user devices playing a roleCook said Apple sees "incredible breakthrough potential" for generative AI and is investing significantly in the area.
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Bitcoin breaks $60k, now only 2% from highest monthly close in history
Wednesday, February 28, 2024
Bitcoin is up 20% in the past 3 days and is less than 1.94% away from its highest ever monthly with under 36 hours remaining. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Is this the Bitcoin ETF supply squeeze playing out already?
Tuesday, February 27, 2024
Bitcoin ETFs have acquired 300k BTC under management in less than 50 trading days. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
New AI and hardware may crack the code on lost crypto
Monday, February 26, 2024
Advanced AI models, algorithms, and GPU/CPU technologies offer new hopes for recovering billions of dollars of lost digital assets through innovative decryption strategies. ͏ ͏ ͏ ͏ ͏ ͏ ͏
Bitcoin network congestion eases as mempool clears in February
Sunday, February 25, 2024
Bitcoin's mempool unclogs in February bringing a breath of fresh air to transaction processing. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Never-before-seen Satoshi Nakamoto emails add several details to Bitcoin’s origin lore
Saturday, February 24, 2024
The emails were shared as evidence by early Bitcoin contributor Martii Malmi in the Crypto Open Patent Alliance (COPA) vs. Craig Wright trial as part of his testimony. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
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Galaxy's CEO also warned that the market is currently heavy with leverage, with a correction until $80000 being possible after the $100000 is surpassed. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏