The head of research for a leading digital assets manager says one catalyst could cause Bitcoin (BTC) to soar to more than $265,000. In a new blog post, CoinShares head of research James Butterfill shares his calculations of a potential price impact if a spot BTC exchange-traded fund (ETF) is approved by the U.S. Securities […]
The post This Catalyst Could Trigger Bitcoin To Rally by Over 600%, Says CoinShares Head of Research appeared first on The Daily Hodl.
A trader who continues to build a following with timely Bitcoin (BTC) calls thinks the crypto king may rally to $60,000 quite soon. Pseudonymous analyst DonAlt tells his 507,100 followers on the social media platform X that BTC could see furious rallies in the coming weeks. The analyst says BTC’s chart looks primed to go […]
The post Bitcoin About To Go ‘Supersonic’ – $60,000 Could Happen Sooner Than Most People Think: Top Crypto Trader appeared first on The Daily Hodl.
The latest data reveals that the first Bitcoin (BTC) exchange-traded fund (ETF) registered its highest weekly trading volume since its inception. According to senior Bloomberg ETF analyst Eric Balchunas, BITO – the BTC futures ETF released by ProShares – recorded $1.7 billion in trading volume while the Grayscale Bitcoin Trust (GBTC) saw $800 million. Balchunas […]
The post First Bitcoin Futures ETF Registers $1,700,000,000 in Trading Volume Last Week: Bloomberg Analyst appeared first on The Daily Hodl.
A widely followed crypto analyst is predicting that Bitcoin (BTC) will be hit hard by selling pressure and make a significant leg downward. In a new strategy session, crypto trader Nicholas Merten, the host of DataDash, tells his 511,000 YouTube subscribers that the king crypto is setting up for a move to the downside. According […]
The post Analyst Nicholas Merten Predicts Bitcoin (BTC) Will Be Hit Hard by Resistance and Make Move to the Downside appeared first on The Daily Hodl.
Billionaire Mike Novogratz is predicting that a Bitcoin (BTC) exchange-traded fund (ETF) will hit the market before 2024 as pressure mounts on Gary Gensler, the Chair of the U.S. Securities and Exchange Commission (SEC). In a new interview with CNBC, the Galaxy Digital CEO says that all signs point toward a spot market BTC ETF […]
The post Billionaire Mike Novogratz Predicts Bitcoin (BTC) ETF Before 2024, Says Gary Gensler Feeling the Pressure appeared first on The Daily Hodl.
The chief executive of ARK Invest says that the Chair of the U.S. Securities and Exchange Commission (SEC) is getting in the way of a spot market Bitcoin (BTC) exchange-traded fund (ETF). In a new interview with crypto influencer Natalie Brunell, ARK Invest CEO Cathie Wood says that factions of SEC are actually very knowledgeable […]
The post SEC Chair Gary Gensler Standing in the Way of Bitcoin ETFs, Says ARK Invest’s Cathie Wood appeared first on The Daily Hodl.
A Coinbase researcher says the impact of a potential regulatory greenlight for a US spot Bitcoin (BTC) exchange-traded (ETF) has already been “partially priced in” for the top crypto asset. In a new analysis, David Duong, head of institutional research at the crypto exchange, says that the divergence between the performance of Bitcoin and the […]
The post Potential Spot Bitcoin ETF Greenlight Has Already Been ‘Partially Priced In,’ Says Top Coinbase Researcher appeared first on The Daily Hodl.
New data from IntoTheBlock reveals that Bitcoin (BTC) is showing relative strength against the stock market amid declining macroeconomic conditions. In a new article, Lucas Outumuro, the analytics firm’s head of research, says that the crypto king’s price action last week has been “remarkable” while the stock market tumbled. “As expected, the Federal Reserve did […]
The post Bitcoin Flashing Relative Strength Against Stock Market Despite Deteriorating Macro Conditions: Analytics Firm appeared first on The Daily Hodl.
Morgan Creek Capital founder Mark Yusko says that a parabolic rise is on the horizon for Bitcoin (BTC) as hundreds of billions of dollars worth of institutional capital is set to flow in. In a new interview on the Paul Barron Network, Yusko says that the king crypto tends to add a zero to its […]
The post Mark Yusko Says ‘Parabolic Blow-Off Top’ Coming for Bitcoin After $300,000,000,000 in Institutional Money Arrives appeared first on The Daily Hodl.
The U.S. Securities and Exchange Commission (SEC) is delaying its decision on the approval of spot-based Bitcoin (BTC) exchange-traded funds (ETFs) until October. In new filings, the regulatory agency announces that it will be pushing back its decision to approve or deny numerous bids to create BTC ETFs, including those of financial firms Invesco, WisdomTree […]
The post U.S. SEC Punts on Bitcoin (BTC) Spot Exchange-Traded Fund Approvals, Delays Decisions Until October appeared first on The Daily Hodl.
