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BlackRock's BTC ETF investors keep buying despite ‘plummeted’ Bitcoin outlook BlackRock’s spot Bitcoin exchange-traded fund has continued to gather millions from investors since last Monday, despite a sharp fall in positive Bitcoin commentary. The BlackRock-issued iShares Bitcoin Trust (IBIT) saw another $107 million in inflows on July 18 — marking the ninth straight day of inflows, according to Thomas Fahrer, co-founder of crypto data platform Apollo. Seven of those nine days saw flows over $100 million, a feat rarely achieved in the ETF industry.However, crypto traders aren’t showing as much optimism. The amount of positive $BTC Commentary on social media has slumped compared to four months ago, while traders are increasingly taking up short positions on the asset, according to blockchain market intelligence firm Santiment.
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Notcoin (NOT) Develops Falling Wedge Triangle: Rally Looms?
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Solana Spot ETF Predicted To Attract 14% Of Bitcoin ETF Flow, According To GSR Markets Report According to Foresight News, a report released by GSR Markets has proposed a 'blue sky scenario'. In this scenario, based on the relative market value scale of Bitcoin spot ETF, Solana spot ETF is expected to absorb 14% of the Bitcoin ETF flow since its launch in January. This would result in the price rising from $149 to over $1320, and Solana's market value increasing to $614 billion (calculated based on the current supply). In the 'bear market' and 'benchmark' scenarios presented by GSR, the Solana spot ETF would absorb 2% and 5% of Bitcoin's funds respectively. This would trigger a 1.4-fold and 3.4-fold increase in Solana's price respectively. The report suggests that the potential for Solana's growth is significant, with the possibility of substantial increases in both market value and price.
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#writetoearn
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‘A Very Big Opportunity’—Crypto Suddenly Braced For A ‘Tremendous’ China Earthquake After Bitcoin, Ethereum And XRP Price Boom #Write2Earn! #Write&Earn Bitcoin has swung wildly this week as U.S. president Joe Biden and former president Donald Trump were warned there's "only one way to save the dollar." The bitcoin price has topped its previous all-time high in recent months—climbing above $70,000 per bitcoin, helping the ethereum price to triple and Ripple's XRP to add almost 50% since their 2022 lows—as Ripple's chief executive issues an "inevitable" new crypto exchange-traded fund (ETF) prediction after the success of Wall Street's spot bitcoin ETFs. Now, with the Federal Reserve quietly admitting that gold is replacing the U.S. dollar, bitcoin and crypto investor Brock Pierce has said it's only a matter of time before China reopens its digital doors to crypto after its 2021 crackdown crashed the bitcoin price. "Is China going to open up [to crypto]? … I'd say it's inevitable," Pierce, a former child actor who cofounded the USDT dollar-pegged stablecoin issuer Tether in Hong Kong a decade ago, told the South China Morning Post. "The question is not so much if, it’s a matter of when." Pierce, who is also chairman of the Bitcoin Foundation, teased a new Hong Kong-based venture to the SCMP, saying he's "enthusiastic about what’s happening in Hong Kong," a special administrative region of China that has recent green lit a handful of spot bitcoin and ethereum ETFs, following in Wall Street's footsteps. Last month, attendees of a Hong Kong bitcoin conference sparked speculation the much-hyped Hong Kong spot bitcoin ETFs could eventually be opened up to mainland China investors. "I think Hong Kong is ahead in many ways," Pierce said. "I think the main opportunity in Hong Kong is in [traditional finance], and that’s where a Hong Kong digital dollar stablecoin has tremendous potential.
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最新ニュース
イーサリアムネットワークのガス料金が91.7グウェイに急上昇
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連邦準備制度理事会のローガン総裁、利下げの可能性に慎重な姿勢を示唆
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ブラックロックIBIT、市場前取引高が大幅に増加
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ビットコインニュース：トランプ氏の勝利により、就任式までにビットコインが10万ドルに達する可能性があると銅の調査責任者が語る
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ビットコインニュース: ビットコイン (BTC) は 10 万ドル? アナリストが 2024 年末の BTC 価格予測について語る
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