Analysts from Glassnode have pointed to strong Bitcoin market conditions which have led to increased selling pressure from long-term holders seeking to capitalise on higher prices. Related: AIOZ Network Announces Partnership with Nvidia, Lands On Prestigious List This trend is evident from the notable decreases in the “Supply Last Active 1y and 2y” during March
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With Standard Chartered coming out in support for a Spot Ethereum ETF and several sources saying an approval is imminent, it appears the US Securities and Exchange Commission (SEC) is seriously considering its stance. Related: Here Is The Historic Price on Bitcoin Pizza Day, What Will Be the 2024 Price…
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Hold onto your hats it looks like we are going for a ride. While Ethereum is rallying 20% on the news around the ETF approval chances going from 25% to 75%, the whole market is on the move. Related: ETH Prices Rally as ETF Rumours Swirl…
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Bitcoin had a good trading weekend, relatively speaking, with the price for one BTC holding in the narrow channel of US$66-67K (AU$98-100K). Santiment analysts called this “Bitcoin dancing just above $66K” adding that the price point is notable as it comes amid ongoing sales by smaller traders…
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What a week it has been – filing after filing reveals how asset managers, banks, pension funds and all sorts of financial institutions have – mostly under the radar – been buying Spot Bitcoin exchange-traded funds (ETFs) that have been trading since January. But only now…
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