Bitcoin ETFs Reverse Five-Week Outflow Streak as Ethereum Struggles
The landscape for spot Bitcoin exchange-traded funds (ETFs) in the U.S. shifted positively in the week ending March 21, as they recorded their first net inflows in over a month. Bitcoin ETFs Experience Strongest Inflows in Weeks Bitcoin ETFs saw an impressive net inflow of $744.4 million, marking their most substantial gain in the past […]
Michael Saylor’s Strategy Surpasses 500,000 Bitcoin with Latest Acquisition
Michael Saylor’s company has made another significant Bitcoin investment, securing over $500 million worth of the cryptocurrency as institutional demand and ETF inflows regain momentum. 6,911 Bitcoin Added to Holdings Between March 17 and March 23, Strategy purchased 6,911 BTC for approximately $584 million, averaging $84,529 per coin, as per a March 24 filing with […]
Bitcoin Could Reach $110K Before Retesting $76.5K, Says Arthur Hayes
Bitcoin is on track to potentially hit an all-time high of $110,000 before experiencing a notable pullback, according to several market analysts. Key factors fueling this bullish momentum include declining inflation concerns and increasing global liquidity. The leading cryptocurrency has seen two consecutive weeks of gains, closing above $86,000 on March 23, based on TradingView […]