Cryptocurrencies

Struggling Hong Kong Bitcoin ETFs: Challenges & Impact

The article discusses the recent debut of Bitcoin ETFs in Hong Kong and how they are struggling to absorb the selling pressure coming from US ETFs. While there was significant excitement surrounding the launch...

Bitcoin Price Drop: Healthy Correction or Cause for Concern for ETF Investors?

The article discusses the recent drop in the price of Bitcoin and the impact it has had on ETF investors. Despite daily outflows from ETFs exceeding $500 million, there are signs indicating that Bitcoin...

Impacts of Bitcoin Halving on Bitfarms: Strategic Hash Rate Expansion

Bitfarms, a Bitcoin mining company, has seen a significant decline in its BTC mining earnings following the Bitcoin halving event. The company is strategically planning to increase its hash rate capacity to 21 exahashes...

Bitcoin Dominance Declining: Rise of Altcoins and Market Trends

Bitcoin, the first and most well-known cryptocurrency, has long held the majority share of the market in terms of value and popularity. However, according to crypto analysts, its dominance may be on the decline,...

Managing Bitcoin Price Dips: Expert Advice & Risk Strategies

The article discusses the recent 4% dip in the price of Bitcoin and how it may cause panic among short-term holders as the price falls below the average cost. Despite this dip, a crypto...

BlackRock Bitcoin ETF Outflows: Impact & Trends in the US

The article discusses the recent performance of BlackRock's Bitcoin ETF (IBIT) and other spot Bitcoin ETFs in the United States. BlackRock's IBIT experienced approximately $37 million in outflows, marking the first time it has...

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