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Spot Bitcoin Etfs

All articles tagged with #spot bitcoin etfs

business5 months ago•2 min saved

Bitcoin Hashrate Hits New Highs Amid Rising Mining Activity and Market Fluctuations

Bitcoin's network activity is surging with a record-high hashrate, increased movement of long-dormant coins, and growing active supply driven by the impact of spot Bitcoin ETFs, indicating a maturing and more liquid market. The recent rise in active supply and the reactivation of previously lost coins suggest increased investor confidence and participation, while technical indicators hint at potential further gains.

via AMBCrypto|

#bitcoin #business #hashrate

cryptocurrency1 year ago•2 min saved

Bitcoin's Buy Signals Surge Despite Market Dip: Manufacturing PMI and Interest Rates Impact Crypto Prices

Despite a recent dip in the cryptocurrency market, Bitcoin's buy signals have surged, with investors showing optimism for a potential quick recovery. Social media conversations reveal a prevalence of positive terms related to buying and bullish sentiment, indicating a trend towards purchasing assets. Spot Bitcoin exchange-traded funds (ETFs) have seen significant activity, with March volumes tripling from the previous months, although April has shown signs of waning. Despite recent outflows in some ETFs, total net inflows for spot Bitcoin ETFs remain above $12 billion, reflecting continued interest in the cryptocurrency market.

via Bitcoinist|

#bitcoin #cryptocurrency #cryptocurrency-market