Monday, November 25, 2024
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Cathie Wood’s ARK sells Grayscale Bitcoin Trust shares as BTC hits $34K

Investment firm ARK is selling Grayscale Bitcoin Trust (GBTC) shares amid a market surge fueled by anticipation of a spot BTC exchange-traded fund (ETF).On Oct. 23, ARK — headed by pro-Bitcoin (BTC) investment veteran Cathie Wood — sold 100,739 GBTC shares ($2.5 million) from ARK Next Generation Internet ETF (ARKW), according

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Soaring Bitcoin (BTC) Price Hits Crypto Bears with $100M of Short Liquidations

The liquidations occurred as bitcoin rallied 4% to surpass the $31,000 price level for the first time since July, extending its October advance. Most of the alternative cryptocurrencies, or altcoins, also soared, with Chainlink's LINK, Polygon (MATIC) and Polkadot (DOT) posting 6% to 10% advances at one point. Source

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Crypto traders urge caution as Bitcoin price hits 3-month high near $31K

Bitcoin (BTC) hit new three-month highs on Oct. 23 as the week’s first Asia trading session produced snap gains.BTC/USD 1-hour chart. Source: TradingViewBitcoin bulls face crunch BTC price resistanceData from Cointelegraph Markets Pro and TradingView showed BTC price adding momentum to reach $30,944 on Bitstamp.The largest cryptocurrency saw its first

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BTC price hits 2-month high amid bet Bitcoin will break $32K ‘soon’

Bitcoin (BTC) tapped $30,000 into the Oct. 20 Wall Street open as analysts directed attention to the weekly close.BTC/USD 1-hour chart. Source: TradingViewBTC price sets up weekly close showdownData from Cryptox Markets Pro and TradingView captured new two-month BTC price highs of $30,233 on Bitstamp.The pair showed continued strength during

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Spot Bitcoin (BTC) ETF Excitement Hits Main Street, Google Trends Indicates

In other words, more and more people on main street are scanning the web for information about bitcoin spot ETFs and how they might affect the market capitalization of what is already the world's largest the cryptocurrency. Market participants are convinced that the U.S. Securities and Exchange Commission, having recently

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