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GBTC sees $166M outflow despite CEO’s ‘equilibrium’ remark
On the other hand, inflows into Bitcoin ETFs have been minimal, indicating declining investor engagement.
Cointelegraph·2024/04/13 13:07
Here’s Why the Effect of Bitcoin Halving is Diminishing, According to CryptoQuant
CryptoQuant says demand growth will be the key driver of prices post-halving.
Cryptopotato·2024/04/13 12:28
Top Recent Shiba Inu Price Predictions: Where is SHIB Headed in 2024?
Many analysts remain optimistic that SHIB’s price will soon take off: check out their reasons.
Cryptopotato·2024/04/13 10:43
Major Sell-Off Rocks Crypto Market: Bitcoin, Ethereum, and Altcoins Plunge
Coinedition·2024/04/13 10:13
Bitcoin’s halving countdown continues with one week to go
Quick Take Bitcoin’s next halving event, when the miners’ block subsidy reward gets cut in half, is now just one week away, according to The Block’s halving countdown. The estimated time remaining would see Bitcoin’s fourth halving arrive on April 20, with the block subsidy dropping from 6.25 BTC to 3.125 BTC.
The Block·2024/04/13 09:10
Why will EIP-3074 be included in the next Ethereum upgrade? What is the difference between it and ERC-4337?
BlockBeats-Article·2024/04/13 09:07
Chainlink Price Predictions: Is LINK Ready to ‘Moon’ During This Bull Cycle?
Check out why LINK’s valuation may head north in the near future.
Cryptopotato·2024/04/13 08:58
GBTC had a net outflow of US$166 million yesterday, and BlackRock IBIT had a net inflow of US$111 million
BlockBeats·2024/04/13 02:00
Flash
09:34
Pre-market: «Huang's Stock Picks» set to Open Lower; Intel Down Over 3%BlockBeats News, June 10th, according to Bitget data, before the US stock market opened, the "Huang Renxun's Strict Selection Stocks" generally fell, including: Intel (INTC) fell by 3.33%; Nebius (NBIS) fell by 3.23%; Nokia (NOK) fell by 2.99%; Marvell (MRVL) fell by 2.95%; CoreWeave (CRWV) fell by 2.88%; IREN (IREN) fell by 2.87%; Coherent (COHR) fell by 2.38%; Corning (GLW) fell by 2.25%.
09:15
Think Tank Reports South Korean Retail Investors' Leveraged Stock Investments Reach Brokerage Limits On June 10, the head of the Capital Market Research Institute in South Korea stated that retail investors' leveraged stock investments have reached the limits set by local brokerages. Each brokerage in South Korea has a financing cap and is subject to strict regulation. Currently, the loan limits at various brokerages have been reached, which means that retail investors find it difficult to borrow more funds from brokerages for investment.
08:49
Analysis: Bitcoin is still in the typical "Four-Year Cycle," with $53,000 likely to be a key support levelBlockBeats News, June 10th, Trader Bob Loukas stated that Bitcoin is still in a "very standard four-year cycle," and the current price trend is not significantly different from the previous cycle. Many people have said "this time is different," but he believes that this Bitcoin cycle still follows the typical four-year cycle framework. He pointed out that the current cycle has entered the 44th week, and the cycle's low point window usually occurs around 10% of the time around the 46th week.
Loukas mentioned that the midpoint of the past four-year cycle was around $53,000, which could become a significant support and resistance level and a potential buying opportunity near the bear market low. He also stated that the Bitcoin price may re-enter a price discovery phase in 2028.
In its latest market report on Monday, QCP Capital stated that BTC is currently within a narrow psychological range, with buying interest near $60,000, but the options market is still defensively positioned, and macro risks continue to impact market sentiment.
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