CryptoQuant: Bitcoin Could Fall to $58,000 This Year
The CEO of CryptoQuant, Ki Young Ju, predicts that Bitcoin’s price may dip below $59,000 by the end of the year due to an overheated futures market.
BlackRock’s Spot Bitcoin ETF Attracts $1.1B
BlackRock’s Bitcoin exchange-traded fund (ETF) yesterday received over $1 billion in new investments, making it the largest asset manager in the world.
Bitcoin Mining Difficulty Exceeds 100T
On Monday, Bitcoin reached a new record mining difficulty of 101.65 trillion.
First British Pension Fund Invests in BTC
Cartwright, a specialist in British pensions, is advising institutional investors to invest some of their assets into Bitcoin.
MicroStrategy Plans to Acquire More Bitcoin
MicroStrategy has not made any new purchases of the cryptocurrency since mid-September.
Bitcoin ETFs Receive $870M in Inflows
Listed spot Bitcoin ETFs in the United States yesterday saw an increase of over $870 million in net inflows, making it the third-highest day for inflows since their launch in January.
Bitcoin Whales Reach Highest Level in 3 Years
Glassnode and Bitwise’s head of research, André Dragosch, reported this week that there are currently 1,678 entities holding at least 1,000 BTC.
