The news from the world
The news from the world
We do the research, you get the alpha! Go to Alpha Reports Fresh cash has started hitting Bitcoin exchange-traded funds (ETFs) again after five weeks of outflows. A Monday report from European asset manager CoinShares shows $130 million entering the funds last week. CoinShares tracks all crypto funds from the U.S. to Europe and Australia.…
Cryptocurrency analyst Kevin Svenson is saying that Bitcoin (BTC) could skyrocket by triple digits from the current level. Svenson tells his 73,500 followers on the social media platform X that based on historical precedent, Bitcoin could appreciate by roughly between 50% and 201%. “…based on the ratio of past gains gives me $95,000 as the…
BlackRock’s new spot Bitcoin (BTC) exchange-traded fund (ETF) has already crossed $10 billion in assets under management (AUM), according to Eric Balchunas, a senior ETF analyst at Bloomberg Intelligence. Balchunas notes the asset management giant’s iShares Bitcoin Trust (IBIT) became one of only 52 ETFs out of 3,400 to cross that $10 billion mark. The…
The crypto community has been stirred with confusion and speculation over the recent Bitcoin exchange-traded fund (ETF) filings with the United States Securities and Exchange Commission. “My understanding here is that this is just a securities registration. In order to list the ETF still needs a 19b-4 approval and they need an effective/approved/completed S-1 document,”…
Glassnode analysts are pointing out one historically bullish signal for Bitcoin (BTC) that previously prompted explosive rallies for the top crypto asset by market cap. Glassnode co-founders Jan Happel and Yann Allemann say that Bitcoin has “crushed” multiple critical resistance levels and is now at a point of strengthening momentum. The analysts zero in on…
A closely followed crypto analyst is issuing a warning to Bitcoin (BTC) bears that the crypto king is showing signs of strength on the daily and weekly charts. Pseudonymous analyst Credible Crypto tells his 346,000 followers on the social media platform X that Bitcoin’s relative strength index (RSI) is flashing a classic bullish divergence on…
