Latest News and Articles about Spot Bitcoin ETFs
Bitcoin Hits $110K on Institutional Wave, But Tom Lee Warns of 50% Crash Risk
Bitcoin Surges to $110K Amid Institutional Adoption, But Tom Lee Warns of 50% Crash Risk in Crypto Market Bitcoin has stormed past the $110,000 milestone, propelled by a wave of institutional interest and regulatory progress. Yet, as the crypto community celebrates, BitMine chairman Tom Lee delivers a stark warning—a potential 50% correction could send BTC […]
Read MoreMichael Saylor Defiant as MicroStrategy’s Bitcoin Premium Dips in Turbulent Market
Michael Saylor Stands Firm as MicroStrategy’s Bitcoin Premium Shrinks Amid Market Turbulence Michael Saylor, the unrelenting force behind MicroStrategy, isn’t breaking a sweat over the shrinking premium of his company’s stock compared to its staggering $73 billion Bitcoin holdings. Despite a 20% drop in MicroStrategy’s stock price since June—while Bitcoin itself soared 6% to record […]
Read MoreBitcoin NUPL Hints at Extended Bull Run: Third Peak at $124K or Impending Crash?
Bitcoin NUPL Signals Prolonged Bull Market: Third Peak Forming for BTC? Bitcoin has soared to a staggering new all-time high of $124,500, fueling hopes of a lasting bull run, only to pull back to $121,596, stirring whispers of a potential correction. On-chain data, particularly the Net Unrealized Profit/Loss (NUPL) metric, reveals a fascinating twist—a possible […]
Read More2024 Sees Institutions Absorb Eight Years of Bitcoin Issuance Amid ETF Success
Institutional Fever: Eight Years’ Worth of Bitcoin Issuance Absorbed in 2024 In a staggering display of confidence and interest, 2024 marked the year when institutions and public companies collectively absorbed Bitcoin equal to eight years of its issuance. This unprecedented demand has been fueled by the success of US-traded spot Bitcoin ETFs and massive acquisitions […]
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