Bitcoin will reach at least $285,000, according to analyst

The maximum projected by Téllez is above $600,000. “I was amazed,” says Téllez and adds that “I can’t believe the result.” The takeoff of bitcoin (BTC) to new all-time high prices since last week highlights strong demand that could continue. According to cryptoasset trader and analyst Juan Téllez, this upward trend could reach values ​​that … Read more

They apply for the first Hedera ETF and its price shoots up 30%

All HBARs acquired by the fund, if approved, will be held by a custodian. The firm acknowledges that there is no guarantee that use of Hedera or HBAR will continue to grow. Investment company Canary Capital has requested permission from the U.S. Securities and Exchange Commission (SEC) to issue and trade a hedera cryptocurrency exchange-traded … Read more

$300 million entered Ethereum ETFs in 1 day

The cryptocurrency market, in general, is experiencing positive days. ETH remains firm above $3,000. The ether ETFs (ETH), the Ethereum cryptocurrency, recorded a historic movement yesterday, November 11: in a single day, these funds received a net inflow of $295.5 million, marking a new record in the history of these financial instruments listed in the … Read more

Bitcoin recorded its largest daily gain in its entire history

BTC went from $81,000 to almost $90,000 in a matter of hours. ETFs, Bernstein’s recommendation and other factors influenced the rise. Yesterday bitcoin (BTC) experienced an unprecedented bullish rally. The digital currency increased its value by $8,343 in a single day, thus reaching the largest upward movement recorded for this financial asset. The event broke … Read more

BlackRock sets a new record with its bitcoin ETF

Bitcoin (BTC) exchange-traded funds (ETFs) in the United States yesterday recorded inflows of more than $1.1 billion, the second highest figure since they went on the market in January 2024. The most outstanding data of the day is that BlackRock’s iShares Bitcoin Trust (IBIT), the largest fund in the world, set a new record of … Read more

Ethereum Surpasses $3,000 Driven by Record Inflows into ETFs

The price of ether (ETH), the Ethereum cryptocurrency, is trading above USD 3,180, after a weekly increase of 28% that raised its value from $2,700 7 days ago. This increase intensified during Sunday, November 10, when ETH reached $3,250, marking a peak not seen in the last six months, according to data from TradingView. ETH … Read more

Institutional investment in bitcoin soared with Trump’s victory

Bitcoin (BTC) exchange-traded funds (ETFs) in the United States yesterday recorded net inflows of more than $1.38 billion, the highest figure since they were launched on the market in January 2024. Donald Trump’s victory in the US elections and the 25 basis point cut in interest rates, announced by the Federal Reserve of that country … Read more

$600 million in ETFs propelled bitcoin to new all-time high

Spot bitcoin exchange-traded funds (ETFs) operating in the United States achieved a net inflow of $621 million yesterday, a flow that catapulted the price of the digital currency to a new all-time high. The electoral victory of Donald Trump in the recent US elections, and his declared support for the cryptocurrency industry, has been one … Read more

A day of record volume is expected in bitcoin ETFs

Given the arrival of the price of bitcoin (BTC) this morning above 75,000 dollars (USD), a new historical record, trading of exchange-traded funds (ETFs) in the currency skyrocketed. In just the first 20 minutes of trading today, iShares Bitcoin Trust (IBIT) recorded USD 1 billion in trading volume. “That’s pretty much what he does in … Read more

Michigan Pension Fund One of Largest Ethereum ETF Investors

Shares in the Michigan ETH ETFs are valued at over $10 million. The fund now holds more ETH than bitcoin, setting Michigan apart from other entities. The Retirement System of the state of Michigan, in the United States, revealed its recent holdings in the ETH of bitcoin (BTC) and ether (ETH), positioning itself as one … Read more