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2024-03-27 21:22:04 Bitcoin ETFs break trend recording modest inflows as GBTC continues outflow

According to data from BitMEX, the Bitcoin (BTC) ETF market experienced its first day of net inflows since March 15, collecting a modest $15.7 million, or 221.2 Bitcoin. This event paused five consecutive days of net outflows and represented the second-smallest day of inflows recorded. Despite this positive shift, the larger narrative remained overshadowed by the substantial outflows from GBTC, which amounted to $350.1 million or 4,933.7 BTC. Consequently, GBTC’s cumulative outflows have reached $14,150.6 billion, equivalent to 275,059 BTC.

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2024-03-25 18:39:21 Michael Saylor telling journalist Laura Shin Bitcoin is going up "forever" 3 years ago

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2024-03-24 21:00:00 BlackRock: “Bitcoin Overwhelmingly Number One Priority for Investors”

BlackRock’s journey into the world of Bitcoin began as early as 2016, marking a multi-year evolution in strategy and outlook. Robert Mitchnick highlights the growing interest among BlackRock’s clients in gaining exposure to Bitcoin, with a notable focus on the iShares Bitcoin Trust (IBIT) ETF managed by BlackRock. However, demand for other digital assets remains minimal, with Mitchnick stating, For every other digital asset, demand is “very, very little.”

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2024-03-24 09:31:11 “I see a rotation out of the $150 Trillion of stocks and bonds, into Bitcoin, alongside money market funds…and that gets Bitcoin to $300K.”

- Nik Bhatia

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2024-03-23 20:44:57 Bitcoin bearish bias remains strong

Bitcoin’s (BTC) attempt to recover and reclaim its all-time high above $73,000 is facing hurdles, with the asset currently trading below the $70,000 mark amid anticipation ahead of the halving event. Recent price movements have led to Bitcoin’s bearish price predictions, with a section of the market suggesting the outlook is part of the pre-halving retrace. For instance, cryptocurrency trading expert Alan Santana, in a TradingView post on March 23, warned investors to brace for a sell-off, noting that Bitcoin’s bearish bias remains strong.

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2024-03-23 13:33:47 Self-custody is now illegal in EUROPE !

Any cash payment above €10,000 will become illegal, while also anonymous cash payments above €3,000.

Payments made in cryptocurrencies will be prohibited through unidentified wallets. This includes any self-custody wallet provided by mobile, desktop, or browser applications.

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2024-03-23 10:19:56 Cathie Wood doubles down on $1.5 million Bitcoin as institutional exposure looms

Ark Invest CEO Cathie Wood said Bitcoin could be worth more than $1.5 million per coin if institutions allocate roughly 5% of their portfolios to the digital asset. The firm’s revised outlook, suggesting a potential surge in Bitcoin’s price beyond the $1.5 million mark, aligns with broader expectations for its integration into the global financial system. With major financial institutions yet to fully embrace Bitcoin, Wood anticipates further upward momentum in its value.

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2024-03-22 22:29:58 JUST IN: Benchmark senior research analyst tells Yahoo Finance Bitcoin usually rises "for around 18 months" after the halving

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2024-03-22 11:24:58 $30 Billion RIA platform Carson Group Vice President reveals they are seeing advisors allocate 3.5% of client households to spot Bitcoin ETFs

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2024-03-21 18:44:57 Bitcoin Halving May Have a Positive Impact on Prices, But Other Factors Still at Play: Coinbase

Historical precedent suggests that bitcoin’s (BTC) recent strong performance will continue into and after the upcoming halving, as the event reduces the supply of new BTC, but investors should be wary of this view, Coinbase (COIN) said in a research report on Wednesday. The world’s largest cryptocurrency rose an average of 61% in the six months before prior halvings and gained an average of 348% in the six months after, Coinbase noted.

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