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GBTC

Genesis Acquire Over 32,000 BTC After Offloading GBTC Shares

by Isaac Wright
Genesis Acquire Over 32,000 BTC After Offloading GBTC Shares

Embattled crypto lender Genesis Global Capital has continued to ramp up efforts to pay up creditors after filing for bankruptcy protection in January 2023. As part of these efforts, Genesis …

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Bitcoin Ready To Rip? Indicator Prints Bullish Signal After 9 Years

by Isaac Wright
Bitcoin Ready To Rip? Indicator Prints Bullish Signal After 9 Years

One analyst on X thinks Bitcoin bulls may be in for a treat in the coming months after one key indicator printed a buy signal for the first time in nearly …

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Bitcoin Market Cap Hints at Potential Price Surge After Retesting 2021 Highs

by Isaac Wright
Bitcoin Market Cap Hints at Potential Price Surge After Retesting 2021 Highs

A crypto analyst on X is confident that Bitcoin has bottomed and is poised for major gains in the sessions ahead. Interestingly, the bullish outlook hinges on the Bitcoin market cap retesting …

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Beyond Bitcoin ETFs: ‘There Are Other Players Controlling This Market’

by Isaac Wright
Beyond Bitcoin ETFs: ‘There Are Other Players Controlling This Market’

Recent observations by Eric Balchunas, a senior ETF analyst at Bloomberg, suggest that the movements in Bitcoin’s price are influenced by factors beyond just the flows of spot Bitcoin Exchange …

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Grayscale CEO: Bitcoin Price Boosted by Tremendous ETF Inflows Due to Pent-Up Demand

by Isaac Wright
Grayscale CEO: Bitcoin Price Boosted by Tremendous ETF Inflows Due to Pent-Up Demand

Unprecedented Surge in Spot Bitcoin ETFs, Reports Show Grayscale CEO Michael Sonnenshein reports overwhelming demand for spot Bitcoin ETFs, outpacing the supply of Bitcoin. The Grayscale Bitcoin Trust experiences outflows, …

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Bitcoin Open Interest Surges To A 2-Year High, BTC Breaks Above $51,000

by Isaac Wright
Bitcoin Open Interest Surges To A 2-Year High, BTC Breaks Above ,000

Bitcoin’s open interest has surged past $11 billion for the first time in over two years. This uptick comes when the world’s most valuable coin surges, recently easing past $51,000, …

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Bitcoin Price Could Hit New All-Time High Before Halving

by Isaac Wright
Bitcoin Price Could Hit New All-Time High Before Halving

The Bitcoin market is currently experiencing a turning point, largely driven by recent trends in Bitcoin exchange-traded funds (ETFs). Yesterday, Bitcoin’s price rose above $43,000, a movement closely tied to …

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JPMorgan reports GBTC sell declining, highlights ETF record outflows

by Isaac Wright
JPMorgan reports GBTC sell declining, highlights ETF record outflows

Analysts at JPMorgan have indicated a potential easing in the selling pressure on Bitcoin, as the bulk of profit-taking from the Grayscale Bitcoin Trust (GBTC) appears to be concluding. In …

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Analyst Predicts Bitcoin to Hit $250,000 Before Halving

by Isaac Wright
Analyst Predicts Bitcoin to Hit 0,000 Before Halving

In a post shared on X on January 26, crypto analyst BitQuant forecasts that Bitcoin (BTC) will recover from the current downtrend and surge past its all-time high of $69,000 to over …

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FTX Unloads $1 Billion GBTC Shares; Will The Bitcoin Rally Be “Vicious”?

by Isaac Wright
FTX Unloads  Billion GBTC Shares; Will The Bitcoin Rally Be “Vicious”?

Fred Krueger, an investor and crypto analyst, is predicting a “vicious” Bitcoin (BTC) rally shortly. He cites the recent unprecedented accumulation of the coin by Wall Street heavyweights. This surge in …

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