BTCbitcoin
19,478 views
119 Posts
Hot
Latest
Bitcoin ETF Makes Waves: Volumes Surge $10 Billion 3 Days
Bitcoin Spot Exchange-Traded Funds (ETFs) have gained significant attention and have reached a total trading volume of $10 billion in the first three days of trading. Grayscale Bitcoin Trust (GBTC) has the highest trading volume, followed by iShares Bitcoin Trust (IBIT) and Fidelity Wise Origin Bitcoin Fund (FBTC). ARK's 21Shares ETF (ARKB) and Bitwise Bitcoin ETF (BTTB) also had substantial trading volumes. This surge in trading volume indicates growing comfort among institutional and individual investors in using traditional investment platforms to trade Bitcoin. Grayscale has experienced significant withdrawals, but still remains the top Bitcoin spot ETF. Bloomberg analyst Eric Balchunas predicts that BlackRock may overtake Grayscale in trading volume. The $10 billion trading volume of Bitcoin ETFs in the first three days is compared to the combined trading volume of 500 other ETFs launched in 2023. This demonstrates the strong performance of Bitcoin ETFs, with iShares Bitcoin Trust alone surpassing the entire class of 2023 ETFs. Acquiring trading volume is challenging and contributes to the lasting power of an ETF.
#BTC-ETF #BTCbitcoin
Bitcoin Spot Exchange-Traded Funds (ETFs) have gained significant attention and have reached a total trading volume of $10 billion in the first three days of trading. Grayscale Bitcoin Trust (GBTC) has the highest trading volume, followed by iShares Bitcoin Trust (IBIT) and Fidelity Wise Origin Bitcoin Fund (FBTC). ARK's 21Shares ETF (ARKB) and Bitwise Bitcoin ETF (BTTB) also had substantial trading volumes. This surge in trading volume indicates growing comfort among institutional and individual investors in using traditional investment platforms to trade Bitcoin. Grayscale has experienced significant withdrawals, but still remains the top Bitcoin spot ETF. Bloomberg analyst Eric Balchunas predicts that BlackRock may overtake Grayscale in trading volume. The $10 billion trading volume of Bitcoin ETFs in the first three days is compared to the combined trading volume of 500 other ETFs launched in 2023. This demonstrates the strong performance of Bitcoin ETFs, with iShares Bitcoin Trust alone surpassing the entire class of 2023 ETFs. Acquiring trading volume is challenging and contributes to the lasting power of an ETF.
#BTC-ETF #BTCbitcoin
#BTC Next bottom support level is around $35k
if we break 40300 then we have 38k level which won't hold much 💀
#BTC-ETF. #BTCbitcoin #btcdump
if we break 40300 then we have 38k level which won't hold much 💀
#BTC-ETF. #BTCbitcoin #btcdump
Bitcoin Price Prediction 2024-2030: Here’s How BTC Price Prediction Forecasts $100K After Halving 2024? ❤️🔥❤️🔥❤️🔥
Bitcoin Price Prediction January – 2024
With the recent news of Bitcoin Spot ETF approvals, Bitcoin saw a momentary rise to the $49K mark, hoping to cross the $50K milestone. However, the immense selling pressure above the $46.5K barrier and the short-term profit booking leads to a quick drop.
With a longwick candle in the weekly chart, the BTC price trend delays the rounding bottom breakout, with a neckline at 61.80% Fibonacci level. As of now, Bitcoin trades at $45,757 and struggles to sustain the bullish momentum.
In the breakout scenario where growing demand and market sentiment align, Bitcoin could very well reach the $50,000 mark this January. Optimistically, the uptrend can reach $60K by month’s end.
Conversely, a fallback to the $45,000 level cannot be ruled out if the market fails to sustain momentum.
$BTC
#BTC-ETF.
#BTCbitcoin
#BTC-ETF
#trading_tips
Bitcoin Price Prediction January – 2024
With the recent news of Bitcoin Spot ETF approvals, Bitcoin saw a momentary rise to the $49K mark, hoping to cross the $50K milestone. However, the immense selling pressure above the $46.5K barrier and the short-term profit booking leads to a quick drop.
With a longwick candle in the weekly chart, the BTC price trend delays the rounding bottom breakout, with a neckline at 61.80% Fibonacci level. As of now, Bitcoin trades at $45,757 and struggles to sustain the bullish momentum.
In the breakout scenario where growing demand and market sentiment align, Bitcoin could very well reach the $50,000 mark this January. Optimistically, the uptrend can reach $60K by month’s end.
Conversely, a fallback to the $45,000 level cannot be ruled out if the market fails to sustain momentum.
$BTC
#BTC-ETF.
#BTCbitcoin
#BTC-ETF
#trading_tips
See original
📆 - On January 11, 2009, Hal Finney tweeted “Running Bitcoin”.
15 years later to the day, spot Bitcoin ETFs will be launched on the financial markets.
#etf #BTCApproved2024 #BTCbitcoin
15 years later to the day, spot Bitcoin ETFs will be launched on the financial markets.
#etf #BTCApproved2024 #BTCbitcoin
🚨What Is Bitcoin ETF: Better Than Buying Bitcoin?🚨
The U.S. Securities and Exchange Commission's (SEC) approval of spot Bitcoin ETFs on Jan 10, 2024 not only marks a victory for Bitcoin, the king of cryptocurrencies, but also heralds a new era for the world of crypto. This fortuitous win lets you buy Bitcoin easily, as you can now get your hands on Bitcoin via the familiarity of stock exchanges — minus the headache of managing a digital wallet.
Curious to learn more about Bitcoin ETFs and their potential impact on your portfolio? Our deep dive into Bitcoin ETFs will help you to understand the two types of Bitcoin ETFs — spot and futures — and how they work.
🔥Key Takeaways:
👉Bitcoin ETFs allow investors to gain exposure to Bitcoin without owning the actual cryptocurrency. They’re available in two forms: futures-based ETFs, which invest in Bitcoin futures, and spot-based ETFs, which hold actual Bitcoin.
👉Investing in Bitcoin ETFs provides accessibility for retail investors, who can easily trade these funds on traditional exchanges; opportunities for diversification; and potential tax benefits regarding uncertainty over taxable events.
👉Before investing in Bitcoin ETFs, it’s essential to consider factors such as market volatility, management fees, counterparty risk and liquidity risk.
#TrendingTopic #BTCbitcoin #ETFApproved #BitcoinETFapproved #ETFApproval2024
The U.S. Securities and Exchange Commission's (SEC) approval of spot Bitcoin ETFs on Jan 10, 2024 not only marks a victory for Bitcoin, the king of cryptocurrencies, but also heralds a new era for the world of crypto. This fortuitous win lets you buy Bitcoin easily, as you can now get your hands on Bitcoin via the familiarity of stock exchanges — minus the headache of managing a digital wallet.
Curious to learn more about Bitcoin ETFs and their potential impact on your portfolio? Our deep dive into Bitcoin ETFs will help you to understand the two types of Bitcoin ETFs — spot and futures — and how they work.
🔥Key Takeaways:
👉Bitcoin ETFs allow investors to gain exposure to Bitcoin without owning the actual cryptocurrency. They’re available in two forms: futures-based ETFs, which invest in Bitcoin futures, and spot-based ETFs, which hold actual Bitcoin.
👉Investing in Bitcoin ETFs provides accessibility for retail investors, who can easily trade these funds on traditional exchanges; opportunities for diversification; and potential tax benefits regarding uncertainty over taxable events.
👉Before investing in Bitcoin ETFs, it’s essential to consider factors such as market volatility, management fees, counterparty risk and liquidity risk.
#TrendingTopic #BTCbitcoin #ETFApproved #BitcoinETFapproved #ETFApproval2024
TOP NEWS #BTC-ETF. #btc #BTCbitcoin
Grayscale CEO's warning: Only two or three spot Bitcoin ETFs are here to stay
Most of the spot Bitcoin
BTCUSD exchange-traded funds (ETF) approved by the United States Securities and Exchange Commission (SEC) won’t survive, Grayscale Investment CEO Michael Sonnenshein says.
Sonnenshein predicted in an interview with CNBC at the World Economic Forum on Jan. 18 that the majority of the 11 approved spot Bitcoin ETFs are likely to fail.
The U.S. SEC officially approved 11 spot Bitcoin ETFs on Jan. 10, with 10 of them beginning trading the next day. Many ETF issuers were actively lowering their trading fees to raise competitiveness with other ETF sponsors, with most of the approved ETFs setting fees between 0.2% and 0.4%. Multiple spot Bitcoin ETF providers also offered temporary fee waivers.
On the other hand, Grayscale — the largest Bitcoin holder among spot Bitcoin ETF issuers — charges as much as 1.5% without any waivers.
Grayscale CEO Sonnenshein defended the highest fees in the market for its spot Bitcoin ETF product, stating that only two or three of the spot Bitcoin ETFs are here to stay, while the rest will be pulled from the market. He said:
“I think from our standpoint, it may at times call into question their long-term commitment to the asset class [...] I don’t ultimately think that the marketplace will have ultimately these 11 spot products we find ourselves having.”
Sonnenshein’s remarks came on the fifth day of spot Bitcoin ETF trading in the United States. Since the trading launch, Grayscale has become the only issuer aggressively dumping Bitcoin, offloading as much as 37,947 BTC by Jan. 18. In contrast, the other nine issuers have added at least 40,000 BTC to their products since the start of trading.
Quantum Economics founder Mati Greenspan doesn’t rule out the possibility that most ETF issuers are likely to fail in the long term because most investors will prefer to hold their assets, or opt for self-custody.
Grayscale CEO's warning: Only two or three spot Bitcoin ETFs are here to stay
Most of the spot Bitcoin
BTCUSD exchange-traded funds (ETF) approved by the United States Securities and Exchange Commission (SEC) won’t survive, Grayscale Investment CEO Michael Sonnenshein says.
Sonnenshein predicted in an interview with CNBC at the World Economic Forum on Jan. 18 that the majority of the 11 approved spot Bitcoin ETFs are likely to fail.
The U.S. SEC officially approved 11 spot Bitcoin ETFs on Jan. 10, with 10 of them beginning trading the next day. Many ETF issuers were actively lowering their trading fees to raise competitiveness with other ETF sponsors, with most of the approved ETFs setting fees between 0.2% and 0.4%. Multiple spot Bitcoin ETF providers also offered temporary fee waivers.
On the other hand, Grayscale — the largest Bitcoin holder among spot Bitcoin ETF issuers — charges as much as 1.5% without any waivers.
Grayscale CEO Sonnenshein defended the highest fees in the market for its spot Bitcoin ETF product, stating that only two or three of the spot Bitcoin ETFs are here to stay, while the rest will be pulled from the market. He said:
“I think from our standpoint, it may at times call into question their long-term commitment to the asset class [...] I don’t ultimately think that the marketplace will have ultimately these 11 spot products we find ourselves having.”
Sonnenshein’s remarks came on the fifth day of spot Bitcoin ETF trading in the United States. Since the trading launch, Grayscale has become the only issuer aggressively dumping Bitcoin, offloading as much as 37,947 BTC by Jan. 18. In contrast, the other nine issuers have added at least 40,000 BTC to their products since the start of trading.
Quantum Economics founder Mati Greenspan doesn’t rule out the possibility that most ETF issuers are likely to fail in the long term because most investors will prefer to hold their assets, or opt for self-custody.
Post 4/2024
#BTCbitcoin #ice_network #ICEMINING #ICEDecentralized
Unlock a financial journey like never before! Elevate your earnings from 5k USDT to a rewarding 10k in just 3 months.
Dive into the world of ICE mining – your gateway to daily mobile mining profits. Seize the opportunity by downloading the ICE mining app from your preferred store.
Sign up, apply the exclusive premium code for a $100 Ice Reward, and witness your wealth grow.
Reference https://ice.io/@nitin002002 for an enhanced experience.
Don't miss out on this unique venture!
#BTCbitcoin #ice_network #ICEMINING #ICEDecentralized
Unlock a financial journey like never before! Elevate your earnings from 5k USDT to a rewarding 10k in just 3 months.
Dive into the world of ICE mining – your gateway to daily mobile mining profits. Seize the opportunity by downloading the ICE mining app from your preferred store.
Sign up, apply the exclusive premium code for a $100 Ice Reward, and witness your wealth grow.
Reference https://ice.io/@nitin002002 for an enhanced experience.
Don't miss out on this unique venture!
FOLLOW HIM FOR PREMIUM SIGNALS #BTCbitcoin
LIVESignal Strategist
--
Bullish
🚀 #MOVR Signal Update
📈 Signal Type: LONG
🔔 Follow our Binance feed for more updates
📊 Reasons:
- 📌 Bullish flag formation on 4H time frame.
- 📌 Bull flag indicates a bullish pattern.
- 📌 Breakout observed; expecting a retest before a significant upward movement.
- 📌 Open trade before breakout or consider a safe entry at the breakout.
🎯 Targets:
- 🎯 32
- 🎯 35
- 🎯 38
- 🎯 50
🔒 Stop Loss:
30%
🔍 Leverage:
Cross 10X
📉 Entries:
- 📉 Safe entry on retest
🚀 For more updates and signals, please like, follow, and share. Stay tuned for the latest information and market analysis. Your support means a lot! 🚀📈
#MOVR/USDT #TradeOpportunity #cryptocurrecny #Signal
📈 Signal Type: LONG
🔔 Follow our Binance feed for more updates
📊 Reasons:
- 📌 Bullish flag formation on 4H time frame.
- 📌 Bull flag indicates a bullish pattern.
- 📌 Breakout observed; expecting a retest before a significant upward movement.
- 📌 Open trade before breakout or consider a safe entry at the breakout.
🎯 Targets:
- 🎯 32
- 🎯 35
- 🎯 38
- 🎯 50
🔒 Stop Loss:
30%
🔍 Leverage:
Cross 10X
📉 Entries:
- 📉 Safe entry on retest
🚀 For more updates and signals, please like, follow, and share. Stay tuned for the latest information and market analysis. Your support means a lot! 🚀📈
#MOVR/USDT #TradeOpportunity #cryptocurrecny #Signal
pair :- $ID/ $usdt
🌕 Direction :- spot
Leverage :-
🏦Entry price :- 0.2945
⭐Tp 1 - 0.32
⭐Tp 2 - 0.34
⭐Tp 3 - 0.38
🎈Stop loss :- 0.25
Use low fund #DYORView #DYOR🟢. #BTCbitcoin #eth #trading_tips
🌕 Direction :- spot
Leverage :-
🏦Entry price :- 0.2945
⭐Tp 1 - 0.32
⭐Tp 2 - 0.34
⭐Tp 3 - 0.38
🎈Stop loss :- 0.25
Use low fund #DYORView #DYOR🟢. #BTCbitcoin #eth #trading_tips
#BTCbitcoin In 2012, Bitcoin's price was $182 at the halving, reaching $510 a year later.
In 2016, the halving saw a price of $661, which surged to $2,600 within a year.
The 2020 halving set the price at $8,600, skyrocketing to $58,000 a year later.
2024 will be the NEXT.🤑💸
#btc #BTCto1M #BTCbitcoin
In 2016, the halving saw a price of $661, which surged to $2,600 within a year.
The 2020 halving set the price at $8,600, skyrocketing to $58,000 a year later.
2024 will be the NEXT.🤑💸
#btc #BTCto1M #BTCbitcoin
Free Signals Setup for everyone!!💸❤️
Follow @beylaal
And comment done, I will share this with everyone!!!
#MANTA #BTC-ETF. #BTCbitcoin #MANTA $BNB $BTC $LINK
Follow @beylaal
And comment done, I will share this with everyone!!!
#MANTA #BTC-ETF. #BTCbitcoin #MANTA $BNB $BTC $LINK
$BTC Update!
On W1, price has swept range high liquidity and now again trading within the SR level (on D1), a massive dump is on the cards from technical point of view as too much liquidity is building up below triple bottom!
PLAY SAFE!
#BTCbitcoin #BTCPriceForecast #BTCpredictions #BitcoinPrice2024 #StaySafeCrypto
On W1, price has swept range high liquidity and now again trading within the SR level (on D1), a massive dump is on the cards from technical point of view as too much liquidity is building up below triple bottom!
PLAY SAFE!
#BTCbitcoin #BTCPriceForecast #BTCpredictions #BitcoinPrice2024 #StaySafeCrypto
BTC update
#btc #BTCbitcoin #TradeNTell #BITCOIN
Bitcoin is up $554.46 today or 1.35% to $41643.34
Snaps a two day losing streak
Down 2.04% month-to-date
Down 2.04% year-to-date
Down 38.58% from its all-time high of $67802.30 on Nov. 9, 2021 (based on 5 p.m. levels)
Up 86.44% from 52 weeks ago (Jan. 20, 2023), when it traded at $22335.85
Down 11.57% from its 52-week high of $47091.18 on Jan. 8, 2024 (based on 5 p.m. levels)
Up 107.28% from its 52-week low of $20090.58 on March 10, 2023 (based on 5 p.m. levels)
Traded as high as 42181.13
Up 2.66% at today's intraday high; Largest intraday % increase since Jan. 11, 2024, when it was up as much as 6.61%
#btc #BTCbitcoin #TradeNTell #BITCOIN
Bitcoin is up $554.46 today or 1.35% to $41643.34
Snaps a two day losing streak
Down 2.04% month-to-date
Down 2.04% year-to-date
Down 38.58% from its all-time high of $67802.30 on Nov. 9, 2021 (based on 5 p.m. levels)
Up 86.44% from 52 weeks ago (Jan. 20, 2023), when it traded at $22335.85
Down 11.57% from its 52-week high of $47091.18 on Jan. 8, 2024 (based on 5 p.m. levels)
Up 107.28% from its 52-week low of $20090.58 on March 10, 2023 (based on 5 p.m. levels)
Traded as high as 42181.13
Up 2.66% at today's intraday high; Largest intraday % increase since Jan. 11, 2024, when it was up as much as 6.61%
#API3USDT analysis-
Price made symmetrical triangle pattern. Price decreases and also volume decreases that is the indication of weak selling within the pattern.
API3 gave breakout with volume build-up and price increased more than 32% from the breakout level.
#MANTA #MANTA #ARB #BTCbitcoin
Price made symmetrical triangle pattern. Price decreases and also volume decreases that is the indication of weak selling within the pattern.
API3 gave breakout with volume build-up and price increased more than 32% from the breakout level.
#MANTA #MANTA #ARB #BTCbitcoin
Bitcoin uses peer-to-peer technology to operate with no central authority or banks; managing transactions and the issuing of bitcoins is carried out collectively by the network. Bitcoin is open-source; its design is public, nobody owns or controls Bitcoin and everyone can take part. Through many of its unique properties, Bitcoin allows exciting uses that could not be covered by any previous payment system.
#TradeNTell
#TradeNTell
#TrendingTopic
#BTCbitcoin
#TradeNTell
#TradeNTell
#TrendingTopic
#BTCbitcoin
