bitcoin / 326 posts found
Bitcoin funds rake in new money as altcoin funds suffer
Bitcoin funds rake in new money as altcoin funds suffer | Fortune You need to enable JavaScript to view this site. Read More
Bitcoin rises after snapping longest-ever losing streak as investors seek a market bottom
Cryptocurrency Bitcoin rose over the weekend as cryptocurrency investors continue to look for a bottom following a rough six months of selling. The largest cryptocurrency by market cap was higher by 4.6 percent Monday, according to Coin Metrics. Ether advanced nearly 5 percent. Crypto continues to move in tandem with stocks. Futures tied to major stock averages were all higher on Monday morning too. Investors have held their breath while watching prices across risk assets move higher, uncertain if the moves are temporary or if a more permanent reversal is finally here. “Token prices fell 27 percent in May, following a 20 percent […]
Bitcoin ETPs Saw Massive Inflows in May Despite the Crypto Market Selloff Catalyzed by UST’s Depeg Event
Summary: The month of May saw a strong recovery in the inflow of Bitcoin into ETPs, with a total of 9,765 BTC. The flow of BTC into Bitcoin ETPs has also been favorable into June, with the global holdings hitting an all-time high of 205,008 Bitcoin. The Canadian Purpose Bitcoin ETF has led inflows of Bitcoin into ETPs. The month of May 2022 will go down in history as one of the most tumultuous periods in the Bitcoin and crypto markets primarily due to the crypto-wide sell-off kick-started by UST depegging and subsequent massive inflation of LUNA. The events caused […]
Bitcoin (BTC) on-Chain Analysis: Market Cap Approaches Realized Cap
BeInCrypto takes a look at Bitcoin (BTC) on-chain indicators, more specifically the realized and market capitalization and their relationship with each other. Realized and market caps The market cap (MC), is derived by multiplying the total number of coins that are minted with the current BTC price. The realized cap (RC) uses a slightly different formula. Instead of the current price, it uses the price at the time they last moved. As a result of this modification, it can be seen as a more accurate representation of the current value of BTC. One of the main features of the realized […]