Bitcoin exchange-traded funds (ETFs) experienced a significant drop in investments on Monday, marking their second-largest single-day outflow since they launched earlier this year. This comes after a week of positive performance, with the ETFs seeing a record inflow of $2.2 billion just last week. A Sudden Shift in Sentiment The recent downturn in Bitcoin ETF…
Big Money Moving In Recently, a lot of Ethereum (ETH) has been flowing into derivatives exchanges. This is a big deal because it could mean big price swings for ETH. What’s Happening? Derivatives exchanges are platforms where people can bet on the future price of ETH. They can use leverage, which means they can bet…
Ethereum is at a crossroads. Some analysts think it’s going to lag behind other cryptocurrencies, like Bitcoin, which is doing pretty well right now. But others are optimistic, predicting a big rally for Ethereum, especially if it can bounce back from its recent lows. A Correlation With the S&P 500? A well-known crypto analyst, Ali…
Bitcoin just hit a new record high, topping $74,500! This surge comes as betting sites are showing Donald Trump with a strong chance of winning the presidency. Betting on Trump Polymarket, a popular online betting site, now gives Trump a 92.2% chance of winning the election. News outlets are also reporting that Trump is currently…
Crypto analyst Benjamin Cowen, known for his accurate predictions, thinks altcoins are about to take a major dive. He’s predicting a “grand finale” for the altcoin market, with prices plummeting against Bitcoin. Altcoins to Suffer Big Losses Cowen says the altcoin market, represented by TOTAL3 (which includes all cryptos except Bitcoin, Ethereum, and stablecoins), is…
Citigroup is getting ready to capitalize on market swings caused by the upcoming election. The bank’s equity strategist, Scott Chronert, believes the S&P 500 is currently fairly valued, but the election could push the market in either direction depending on who wins. “Trump Rip” or “Harris Dip”? Chronert predicts that a “Trump rip” (a surge…
Circle CEO Jeremy Allaire believes that stablecoins are on track to become a globally regulated financial network. He sees Circle as a test case for how stablecoins can be integrated into the global financial system. Stablecoins: A Global Experiment Allaire sees stablecoin regulation as still in its early stages, but he expects to see clear…
Election Predictions and Bitcoin’s Future A bunch of Wall Street analysts are talking about Bitcoin and its future, especially after the recent US election. One group, Bernstein, thinks Bitcoin is going to keep going up, no matter who wins. They even predict Bitcoin could hit $200,000 by 2025! Why Bernstein is Bullish Bernstein’s analysts think…
Bitcoin’s recent dip is nothing to worry about, according to one analyst. The price has dropped a bit, but that’s normal and actually a good sign. Gold and Bitcoin: A Tale of Two Assets Bitcoin has often been called “digital gold” because it’s seen as a way to protect your money from inflation. But, they…
The 2026 US midterm elections are already shaping up to be a major battleground for the cryptocurrency industry. Crypto advocates are determined to elect politicians who will support a favorable regulatory environment for digital assets. Fairshake: A Crypto-Friendly Super PAC Fairshake, a political action committee (PAC), is leading the charge for pro-crypto policies. They’re mobilizing…
