Only Bitwise Bitcoin ETF recorded net inflows for the trading day ending May 8, 2024. According to data from SoSo Value, the ETF had a net inflow of about $12 million into its portfolio. Notably, Grayscale’s Bitcoin Trust...
XRP has plummeted to a three-year low against Bitcoin, sparking speculation among investors about a potential turnaround and buying opportunity. According to TradingView data, the XRP/BTC pair is currently trading at $0.52 compared to Bitcoin's $62,175, marking levels...
The Hong Kong Monetary Authority (HKMA) has unveiled plans to collaborate with industry stakeholders to explore the potential of asset tokenization. According to its latest official announcement, the island’s top financial regulator and central bank revealed that it...
Will Clemente, co-founder of Reflexivity Research, has predicted that Bitcoin's price may be preparing for an upward trajectory. In a social media post published on May 7, Clemente suggested that Bitcoin is currently in a consolidation phase before...
Ethereum's (ETH) price has been trailing behind Bitcoin's gains in 2024, but analysts from Glassnode suggest that brighter days could be on the horizon for the popular cryptocurrency. According to data from TradingView, Ethereum has been underperforming compared...
Bitcoin's price rebounded above $64,000 on May 7, recovering from a daily low of $62,864 on Bitstamp. Despite trading within a range since May 3, BTC/USD experienced significant volatility, leading to position liquidations on both sides of the...
Marathon Digital (MARA) shares surged by almost 18% to $20.67 on Monday, May 6, as reported by Google Finance. The stock price has risen by 25.2% since the Bitcoin halving on April 20, when miner block rewards were...
Bitcoin's 200-day moving average has surged to a record high of $50,178, signalling a bullish long-term outlook, as reported by BuyBitcoinWorldwide on May 6. This milestone comes amid Bitcoin's recovery from a post-halving price dip, which saw it...
Bitcoin's price surged above $65,000 on May 6, hitting $63,712, with analysts suggesting that the post-halving "danger zone" might be behind us and more gains could be on the horizon. The "danger zone" refers to a three-week period...
There have been speculations regarding how Chinese investors from the mainland would gain access to the newly launched Bitcoin (BTC) and Ether (ETH) exchange-traded funds (ETFs) in Hong Kong. While these ETFs had a relatively poor reception during...
