Bitcoin Capital Flow Shifts to Long-Term Holders, Data Shows — Is a Bullish Rally Coming?
Recent market analysis has revealed a significant shift in Bitcoin capital flow from short-term holders (STH) to long-term holders (LTH).
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Why Bitcoin ETFs Haven’t Sparked Major Adoption Yet: Bianco Research CEO Weighs InWhy Bitcoin ETFs Haven’t Sparked Major Adoption Yet: Bianco Research CEO Weighs In | Bitcoinist.com
Although the recent launch of Bitcoin ETFs or exchange-traded funds in the United States appears to have been met with excitement, according to Jim Bianco, CEO of Bianco Research, these financial products have not yet lived up to their anticipated role as a major catalyst for cryptocurrency adoption
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Stablecoin Inflows Hit Record Lows: Is Bitcoin’s Downturn Far From Over?
The world’s largest cryptocurrency by market capitalization has recently experienced a significant downturn, falling below the $59,000 price mark.
Despite this decline, which some might view as a potential buying opportunity, recent data suggests that investors are cautiously approaching the market.
2021’s Crypto Mania: Will The Market Ever Reach Those Heights Again?
The cryptocurrency market experienced an explosive rally between March 2020 and November 2021, with Bitcoin and altcoins reaching unprecedented heights.
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Bitcoin has recently seen a notable decline in its price, dropping from a price above $64,000 on Monday to as low as $58,000 levels yesterday, marking a 10% decrease over two days.
Bitcoin has recently seen a notable decline, dropping from a price above $64,000 on Monday to as low as $58,000 yesterday, marking a 10% decrease over two days.
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Hong Kong Bitcoin ETFs top $250M AUM
For the Hong Kong-based spot Bitcoin ETFs to compete with their US counterparts, they will need to attract more retail and institutional investors.
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