Why isn’t the BTC price moving despite billions in ETF inflows?

Crypto and stock markets are usually forward-looking. Meaning, traders tend to ignore the near-term negatives and focus on the positives down the line. With Bitcoin’s (BTC) next halving in 2024, analysts are shifting their attention to this event. Independent market analyst Rekt Capital highlighted this unique market dynamic in 2015 and 2019, a year before…

The company also happened to clear a Nasdaq and NYSE listing requirement in the process. Grayscale Investments, the asset manager behind the world’s largest Bitcoin trust, announced that its Bitcoin Cash Trust and Litecoin Trust are eligible for deposit at the Depository Trust Company, the largest securities depository in the world.The Depository Trust Company (often…

Images allegedly portraying the upcoming smartphone Samsung Galaxy S10 showing a “Samsung Blockchain Keystore” app surfaced on Twitter on Jan. 23.The images have been leaked by Benjamin Geskin, a person who has been defined a “serial mobile leaker” by Apple-related news website MacRumors after he leaked photos of the iPhone X Plus. The reportedly leaked…

The director of the Financial Crimes Enforcement Network (FinCEN) says the cryptocurrency industry has begun to fall in line with the agency’s regulations on money transmission services.In a speech delivered at the American Bankers Association/American Bar Association Financial Crimes Enforcement Conference on Dec. 10, Kenneth A. Blanco claimed that FinCEN’s May 2019 guidance was having…

Bitcoin (BTC) lingered below $31,000 at the July 3 Wall Street open with bulls still in need of a catalyst.BTC/USD 1-hour chart. Source: TradingViewBitcoin price: Sink or swim at $30,000Data from Cointelegraph Markets Pro and TradingView showed BTC/USD acting in a tight range following the weekly close.BTC price performance remained firmly sideways into the new…

"The Agenda — through its silence on crypto — signals that the market can expect continued questions around the application of our securities laws to this area of increasing investor interest,” said two SEC commissioners. 1550 Total views 29 Total shares Hester Peirce, a commissioner for the United States Securities and Exchange Commission known by…

America is the land of opportunity, so long as you don't happen to be a cryptocurrency exchange. For several years now, a number of prominent exchanges have opted not to serve U.S. citizens; in fact, the list of trading platforms avoiding the U.S. is still growing, with Bancor recently announcing that it would block U.S. citizens…

Cryptocurrency services financial services provider Bitcoin Suisse claims to have conducted a Bitcoin (BTC) trade at the highest altitude ever in a promotional stunt that took place on July 13. A YouTube video proving this achievement was published on July 19.New Bitcoin “all-time high” tradeAccording to the firm’s claims, the trade carried out by its…

Institutional investors accumulated Ether and sold off Bitcoin last week, suggesting confidence in Ethereum after the Shapella hard fork. 135 Total views 3 Total shares Own this piece of history Collect this article as an NFTThe price of Ethereum's Ether (ETH) token has retreated from its recovery trend versus Bitcoin (BTC) while making a series…