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🔹Latest Crypto News, Updates, Analysis and Deeper Insights in the whole Crypto space. 🔹No subscription fee🔊 @CryptoWorldNews @CryptoWorldICOs @CryptoWorldAnalysis Admin of the Channel: @AdamCWN ✔️
💰 Bitcoin Will Likely Reach $250k This Cycle, Says Lead Glassnode Analyst
Bitcoin (BTC) will blow past $250,000 this cycle thanks to years of HODLer conviction slingshotting its price to the moon, according to lead Glassnode analyst James Check. In an interview with What Bitcoin Did on Thursday, the analyst broke down why the Bitcoin market appears far more robust compared to the last time the asset’s price touched $69,000.
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💰 4% of the entire bitcoin supply is now backing US spot ETFs
The recently listed spot bitcoin exchange-traded funds in the United States continue to vacuum up bitcoins — now holding roughly 4% of the entire 21 million supply. Yesterday, total net inflows into U.S.-listed spot bitcoin ETFs were $472.6 million, according to data from BitMEX Research. At the same time, Fidelity's FBTC spot bitcoin ETF saw a record single-day net inflow of $473.4 million.
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💰 BlackRock filed with the SEC to purchase spot #Bitcoin ETFs for its Global Allocation Fund.
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💰 CEXs saw record-breaking trading volume as Bitcoin touched ATH
On Mar. 5, Bitcoin reached the all-time high it posted in November 2021, breaking through $69,000 in the late afternoon UTC. However, Bitcoin’s stint at its ATH was extremely brief and was quickly followed by a sharp 14% correction that pushed its price down to $59,300. In the early morning of Mar. 6, BTC regained some of its lost footing but struggled to stabilize at $66,000.
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💰 Bitcoin ETFs Smash $10B Trading Volume Record Amid Wild BTC Price Action
U.S.-listed spot bitcoin ETFs had their busiest day ever on Tuesday, surpassing $10 billion in trading volume as BTC's new all-time high turned into a correction.
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💰 BITCOIN MARKET CAP ALL TIME HIGH 🚀
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🇺🇸 US Presidential candidate Robert F. Kennedy Jr says "Transactional freedom is as important as freedom of speech, and you only get that from Bitcoin" 🙌
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🥇 Bitwise CIO Matt Hougan on CNBC explaining why Bitcoin has jumped 50% since the start of the year and nearing all-time high
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In 2021, SOL pumped 10,000%
In 2022, KAS pumped 5,000%
In 2023, INJ pumped 4,000%
Which altcoin will be the top gainer in 2024?
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💰 50 days left until the next Bitcoin halving
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💰 “Bitcoin is a check and a balance on the unmitigated power of a politician.”
- Michael Saylor
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JUST IN: 💰 Bitcoin hits $60,000
✈️ @CryptoWorldNews 🌐
💰 Bitcoin records second-highest daily surge of 2024 hitting $57,000
Bitcoin, the flagship digital asset, recently climbed to as high as $57,000 – a peak not seen since November 2021. Despite a subsequent minor fallback to around $56,000, the 24-hour span saw a remarkable price swing of $7,000, with the digital asset appreciating by approximately 5.4%. This marks the second-highest daily rise of 2024, following only behind the approximately 7% seen on Jan. 8, according to Glassnode.
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✈️ @CryptoWorldNews 🌐
Top 5 Daily Gainers & Losers
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💰 Bitcoin reaches new all-time high of $70,000.
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💰 Bitcoin's Hash Price Soars as Average Network Fees Spike by 288%
According to the latest data, bitcoin has been trading above the $67,000 mark, with average network transaction fees experiencing a 288% increase from $3 to $11.64 since Feb. 25, 2024. Meanwhile, BTC has consistently stayed over the $60,000 level for eight straight days, elevating the daily value of one petahash per second (PH/s) of mining power to a seven-day high of $119 on March 4, 2024.
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💰 BlackRock to buy Bitcoin ETFs through its $36b Strategic Income Opportunities Fund
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₿𝗥𝗘𝗔𝗞𝗜𝗡𝗚: 💰 Bitcoin Increases to $69,000 Achieving New Record High Market Price
✈️ @CryptoWorldNews 🌐
💰 Bitcoin bounces beyond $64,000 as records beckon
Bitcoin scaled a two-year high on Monday, breaking $64,000 as a wave of money carried it within striking distance of record levels. It touched $64,285 early in the Asian day, its highest since late 2021, and was last 2% firmer for the session at $63,850. Bitcoin's record high is $68,999.99 set in November 2021. The largest cryptocurrency by market value has gained 50% this year and most of the rise come in the last few weeks where trading volume has surged for U.S.-listed bitcoin funds.
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📺CNBC reported: 💰 “Bitcoin is absolutely ripping” 🤣
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💰 Blackrock Launching Brazil's First Bitcoin ETF
Blackrock is launching Brazil’s first spot bitcoin ETF, the Ishares Bitcoin Trust BDR (IBIT39), on Mar. 1, initially available to qualified investors with plans to eventually open it to retail investors. The ETF aims to provide investors with regulated access to bitcoin and is part of Blackrock Brazil’s strategy to expand into the digital asset market, although it does not constitute an endorsement of crypto according to Country Manager Karina Saade.
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💰 Bitcoin is about to close the biggest $$$ gain on a monthly candle in its history.
This is more bullish than any month in the last bull market.
➡️ @Bitcoin_Insights
BREAKING:🏦 Coinbase, $COIN, crashes with many users showing $0 balance as Bitcoin hits $64,000.
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💰 Bitcoin ETFs did 10x the inflow of Gold ETFs yesterday 🤯
Bitcoin +$514mm vs Gold +$52mm.
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