Bitcoin soars above $60K as spot ETFs drive trending frenzy, lead to Coinbase crash
Bitcoin soared past $60,000 due to spot ETFs
Coinbase crashed during the trading frenzy
Bitcoin is at 26-month highs
Bitcoin exceeds $57,000 level, driven by whale activity and positive spot ETF data.
Massive Bitcoin transfers to non-exchange wallets signal long-term investment intentions, while GBTC outflows decrease.
Traders Prefer Bitcoin to Ether Despite Developing Spot ETH ETF Narrative
Traders expect ether to underperform bitcoin in the coming months based on the pricing of futures contracts.
The SEC's classification of ether as a security or commodity is still uncertain, which has implications for the approval of spot ETH ETFs.
Crypto Whales Hunt for Bargains As Bitcoin Prices Slide, Data Shows
Crypto whales are buying bitcoin at cheaper prices as its value continues to slide after the debut of U.S. spot ETFs.
Some crypto whales are actively buying bitcoin on Bitfinex, causing it to trade at a premium compared to other exchanges.
Bitcoin Bulls Buoyed by Report of FTX's $1B GBTC Sale
Sizable sales from the Grayscale Bitcoin Trust may be partly to blame for bitcoin's poor price performance since the launch of U.S.-based spot ETFs.
The bankruptcy estate for failed crypto exchange FTX sold its entire holding of GBTC for nearly $1 billion, indicating fresh investment into the new spot ETFs.
Trading Volume on Proshares Bitcoin ETF Tanks 75% As Focus Shifts To Spot ETFs
Daily trading volume in the ProShares Bitcoin Strategy ETF (BITO) has declined significantly since the launch of spot ETFs directly investing in cryptocurrency.
Observers believe BITO will remain important as a hedging instrument in the market.
Bitcoin soars above $60K as spot ETFs drive trending frenzy, lead to Coinbase crash
Bitcoin soared past $60,000 due to spot ETFs
Coinbase crashed during the trading frenzy
Bitcoin is at 26-month highs
Bitcoin exceeds $57,000 level, driven by whale activity and positive spot ETF data.
Massive Bitcoin transfers to non-exchange wallets signal long-term investment intentions, while GBTC outflows decrease.
Traders Prefer Bitcoin to Ether Despite Developing Spot ETH ETF Narrative
Traders expect ether to underperform bitcoin in the coming months based on the pricing of futures contracts.
The SEC's classification of ether as a security or commodity is still uncertain, which has implications for the approval of spot ETH ETFs.
Crypto Whales Hunt for Bargains As Bitcoin Prices Slide, Data Shows
Crypto whales are buying bitcoin at cheaper prices as its value continues to slide after the debut of U.S. spot ETFs.
Some crypto whales are actively buying bitcoin on Bitfinex, causing it to trade at a premium compared to other exchanges.
Bitcoin Bulls Buoyed by Report of FTX's $1B GBTC Sale
Sizable sales from the Grayscale Bitcoin Trust may be partly to blame for bitcoin's poor price performance since the launch of U.S.-based spot ETFs.
The bankruptcy estate for failed crypto exchange FTX sold its entire holding of GBTC for nearly $1 billion, indicating fresh investment into the new spot ETFs.
Trading Volume on Proshares Bitcoin ETF Tanks 75% As Focus Shifts To Spot ETFs
Daily trading volume in the ProShares Bitcoin Strategy ETF (BITO) has declined significantly since the launch of spot ETFs directly investing in cryptocurrency.
Observers believe BITO will remain important as a hedging instrument in the market.