The SEC on Jan.10 approved the first U.S.-listed ETFs to track bitcoin, in a watershed for the world's largest cryptocurrency and the broader crypto industry.
Crypto Wealth Surge: Should You Invest in Bitcoin ETF and COIN Stock?
Overview of the Market: The cryptocurrency market has seen a significant surge in the number of crypto millionaires, driven by the rapid appreciation of Bitcoin ETFs and other digital assets. According to a recent report by Henley & Partners and New World Wealth, the number of individuals with over $1 million in crypto assets has nearly doubled in the past year, now standing at 172,300 globally. This increase reflects the explosive growth of Bitcoin ETFs, whose assets have exceeded $50 billion since their introduction in January, sparking a wave of institutional interest. Crypto Millionaires on the Rise: The number of crypto millionaires has surged, with those solely relying on Bitcoin to amass wealth doubling to 85,400. Additionally, the number of crypto billionaires has grown by 79%,
$iShares Bitcoin Trust(IBIT)$$iShares Bitcoin Trust(IBIT)$$Grayscale Bitcoin Trust(GBTC)$$ARK 21Shares Bitcoin ETF(ARKB)$ ‼️🌟🐂💥 Bitcoin Bull Blitz: Ready, Set, Soar! 💥🐂 Kia ora Tiger traders! Buckle up, because Bitcoin’s bull has broken loose, and it’s tearing through the market like it’s late for a very important date! Yesterday’s $40 million ETF inflow was the fifth day of back-to-back bullish madness, and if this keeps up, we’ll need to start naming these bulls after hurricanes! 🌀🌪️ 🔥 Take a peek at the 200-week moving average heatmap~it’s lit up like the Fourth of July! Bitcoin is skyrocketing, and the tren
$Marathon Digital Holdings Inc(MARA)$MARA's mining over 800 BTCs in June? Wow, that's pretty impressive! 30s on the horizon? I′m feeling a bit jealous, I bought in at 18.50, and yeah, I could've gone lower, but I was off my computer. Life happens, right? Still, I'm not too worried. I believe in MARA's potential. Even if I didn't get the best entry price, I'm in it for the long haul. So, let's see where this ride takes us!
$Coinbase Global, Inc.(COIN)$Hold on, guys, judging by previous experience, I highly suspect this will go down in a couple of days, but you wait and see, it will still come back, be patient. But I do wonder when is this upward trend going to last and how low will it go before it turns around?
$Coinbase Global, Inc.(COIN)$A wise man once told me, trading is not only a way to generate money but also an opportunity to face challenges, successes, and failures in the world of trading, it allows you to think twice or even many times before you make any decisions. So let's see if 68k holds like has done the past few times. Either way, miners will take a beating tomorrow unless it turns around by then.
🔑 US Crypto Policy Shift: Boosting Market Confidence & Growth
Under the stimulus of rumors about the approval of Ethereum ETFs, the enthusiasm in the digital currency market continues to soar this week. After setting the biggest increase in 18 months on Monday, Ethereum continued to lead on Tuesday, with the maximum intraday increase reaching 8.6%.On Tuesday, $Bitcoin(BTC.USD.CC)$ once surged to near $72,000, then gave back the gains and closed nearly flat. However, it is worth noting that this has been the sixth consecutive day of net inflows into Bitcoin ETFs.Recently, reports on the shift in the US senate's cryptocurrency policy may bring the following positive impacts to the cryptocurrency market:Policy Stability: Cooperation between Democratic and Republican lawmakers to repeal SAB 121 brings a mo
Bitcoin Rallies to $49,000 after SEC Greenlights Launch of U.S. Bitcoin ETFs
Bitcoin traded higher Thursday after the Securities and Exchange Commission gave the green light for the first-ever spot bitcoin ETFs to trade in the U.S., as expected.The cryptocurrency was last up m
Bought ARKY & BITO a few days ago... in green now....
Here's How the New Bitcoin ETFs Will Work
Regulators have given the green light to the first U.S. exchange-traded funds that directly hold bitcoin. Crypto enthusiasts hope the new funds -- backed by asset managers such as BlackRock and Fidelity Investments -- will draw more mainstream investors into bitcoin.In many ways, the new ETFs are similar to the gold ETFs that emerged in the early 2000s and became a popular way to invest in the precious metal. Instead of buying physical bars of gold, investors could buy shares in a gold fund through their brokerage, just like buying stocks.Similarly, the new spot bitcoin ETFs are designed to make it easier to buy bitcoin. You won't need to set up a digital wallet and memorize your keys, and you won't need to create an account at a crypto exchange. You can just use the same brokerage account that you might already use to trade stocks, bonds and other ETFs.Suppose a stampede of investors buys shares of the bitcoin ETF. Seeing the upswell in demand, the authorize
$iShares Bitcoin Trust(IBIT)$$iShares Bitcoin Trust(IBIT)$$Grayscale Bitcoin Trust(GBTC)$$ARK 21Shares Bitcoin ETF(ARKB)$ ‼️🌟🐂💥 Bitcoin Bull Blitz: Ready, Set, Soar! 💥🐂 Kia ora Tiger traders! Buckle up, because Bitcoin’s bull has broken loose, and it’s tearing through the market like it’s late for a very important date! Yesterday’s $40 million ETF inflow was the fifth day of back-to-back bullish madness, and if this keeps up, we’ll need to start naming these bulls after hurricanes! 🌀🌪️ 🔥 Take a peek at the 200-week moving average heatmap~it’s lit up like the Fourth of July! Bitcoin is skyrocketing, and the tren
Crypto Wealth Surge: Should You Invest in Bitcoin ETF and COIN Stock?
Overview of the Market: The cryptocurrency market has seen a significant surge in the number of crypto millionaires, driven by the rapid appreciation of Bitcoin ETFs and other digital assets. According to a recent report by Henley & Partners and New World Wealth, the number of individuals with over $1 million in crypto assets has nearly doubled in the past year, now standing at 172,300 globally. This increase reflects the explosive growth of Bitcoin ETFs, whose assets have exceeded $50 billion since their introduction in January, sparking a wave of institutional interest. Crypto Millionaires on the Rise: The number of crypto millionaires has surged, with those solely relying on Bitcoin to amass wealth doubling to 85,400. Additionally, the number of crypto billionaires has grown by 79%,
🔑 US Crypto Policy Shift: Boosting Market Confidence & Growth
Under the stimulus of rumors about the approval of Ethereum ETFs, the enthusiasm in the digital currency market continues to soar this week. After setting the biggest increase in 18 months on Monday, Ethereum continued to lead on Tuesday, with the maximum intraday increase reaching 8.6%.On Tuesday, $Bitcoin(BTC.USD.CC)$ once surged to near $72,000, then gave back the gains and closed nearly flat. However, it is worth noting that this has been the sixth consecutive day of net inflows into Bitcoin ETFs.Recently, reports on the shift in the US senate's cryptocurrency policy may bring the following positive impacts to the cryptocurrency market:Policy Stability: Cooperation between Democratic and Republican lawmakers to repeal SAB 121 brings a mo
$Marathon Digital Holdings Inc(MARA)$MARA's mining over 800 BTCs in June? Wow, that's pretty impressive! 30s on the horizon? I′m feeling a bit jealous, I bought in at 18.50, and yeah, I could've gone lower, but I was off my computer. Life happens, right? Still, I'm not too worried. I believe in MARA's potential. Even if I didn't get the best entry price, I'm in it for the long haul. So, let's see where this ride takes us!
$Coinbase Global, Inc.(COIN)$A wise man once told me, trading is not only a way to generate money but also an opportunity to face challenges, successes, and failures in the world of trading, it allows you to think twice or even many times before you make any decisions. So let's see if 68k holds like has done the past few times. Either way, miners will take a beating tomorrow unless it turns around by then.
$Coinbase Global, Inc.(COIN)$Hold on, guys, judging by previous experience, I highly suspect this will go down in a couple of days, but you wait and see, it will still come back, be patient. But I do wonder when is this upward trend going to last and how low will it go before it turns around?