ETF expert Eric Balchunas has downplayed the recent drama surrounding the alleged failure of Bitcoin ETFs. Balchunas has pointed to the fact that these products recently returned to inflows. This flies in the faces of the skeptics who were ready to write these products off after a series of disappointing outflows. The year-to-date inflows of […]
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The U.S. Securities and Exchange Commission (SEC) has indicated that it views Ethereum, the second-largest cryptocurrency as a non-security, in its settlement with the cryptocurrency trading platform eToro. Related As part of its settlement deal with the agency, eToro has agreed to halt trading activity in virtually all cryptocurrency assets apart from Ethereum, Bitcoin, and […]
Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial […]
A community expert from the CryptoQuant platform explained why the narrowing of Coinbase Premium might be an optimistic indicator for Bitcoin (BTC) in the long run. Previously, this metric was useful for checking the time it took the largest crypto to set a new all-time high. In 2021, it sent BTC price to ATH: What […]
Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial […]
According to data provided by CryptoQuant, Bitcoin has decoupled from gold. While the Bitcoin price is down substantially from its record peak that was achieved in March, the yellow metal recently hit a new record peak. Earlier today, it rallied to $2,800 per ounce. Gold has been rallying ahead of the U.S. Federal Reserve’s widely […]
Bitcoin (BTC) is on track to enter the phase of a real FOMO-driven bull run. The level just below the previous ATH will bring all sellers back rushing for missed profits, analyst Axel Adler says. Bitcoin (BTC): Real bull run starts at $69,500, expert says Bitcoin (BTC), the largest cryptocurrency, needs to hit $69,500 to […]
Although Saturday and Sunday are traditionally days off for the traditional financial markets, the crypto world never sleeps, especially on the weekends. Thus, the last 24 hours were once again accompanied by a series of events on the market and behind the scenes — in the on-chain realm. One of these events was a sudden […]
Robert Kiyosaki, author of “Rich Dad Poor Dad,” has once again highlighted growing concerns about inflation and the ongoing recession by pointing out that more and more baby boomers are having to leave retirement and go back to work because their savings are not enough to cover their living expenses. That is because the Federal […]