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Bitcoin's growth and record injections into ETFs. Main events of the week.
Bitcoin's new high, "extreme greed" in the market, MicroStrategy's bitcoins, Kiyosaki's new forecast, and other events of the past week from the world of cryptocurrencies.
-Monday
The head of CryptoQuant predicted the growth of the bitcoin rate to $112 thousand.
The head of CryptoQuant believes that the worst-case scenario for bitcoin is $55,000, and in the best-case scenario, the price will reach $112,000.
Bloomberg has learned about the relocation of Chinese miners to Ethiopia.
rbc.group:
Miners are attracted by the country's low electricity prices after the launch of Africa's largest hydroelectric power plant with a capacity of 5.15 GW.
How will the Bitcoin halving affect its price? Highlights from the Grayscale report:
In the run-up to an important and historically bullish event for Bitcoin, its technical performance and fundamentals have become more influential over the past year.
-Tuesday
Bitcoin's Rise Has Brought "Extreme Greed" Back to the Crypto Market
The Fear & Greed Index reached an extremely high level for the second time in a year.
Bitcoin surpassed $50 thousand for the first time since 2021. What's next?
Experts spoke about the likely scenarios for the price movement of the first cryptocurrency and the factors that affect the market
Options traders bet on bitcoin above $65 thousand.
The active accumulation of options to buy bitcoin with higher strike prices indicates a bullish sentiment among market participants.
-Environment
How the Top 10 cryptocurrencies have changed after the growth of the bitcoin rate. Table:
Solana once again became the fourth largest cryptocurrency by capitalization, Chainlink entered the Top 10 cryptocurrencies by capitalization and bypassed the Dogecoin token.
Bitcoin has been updating its highs for several days in a row. What's next?
Experts spoke about the likely scenarios for the price movement of the first cryptocurrency and the factors that affect the market
Inflows into bitcoin ETFs reached a record $631 million in a single day.
The record holder in terms of inflow of funds was the iShares Bitcoin Trust (IBIT) bitcoin ETF of the world's largest asset manager BlackRock.
-Thursday
Analysts at QCP Capital predicted a new high for bitcoin in March.
QCP Capital analysts believe that the rise in the bitcoin rate is caused by a significant inflow into spot ETFs and the situation in the options market
Kiyosaki predicted the fall of gold and the rise of Bitcoin:
Writer and investor Robert Kiyosaki predicted the growth of the bitcoin rate
Against the backdrop of the growth of the first cryptocurrency at the beginning of the year, exchange-traded funds (ETFs) for gold faced an outflow of funds.
MicroStrategy has accumulated $10 billion worth of bitcoins.
The company is the largest of the corporate holders of the first cryptocurrency.
-Friday
Tokens of AI projects rose after the launch of the Sora neural network. Leaderboard:
The news background around the launch of the Sora neural network from the creators of ChatGPT and the general growth of the cryptocurrency market provoked the growth of crypto assets united by involvement in artificial intelligence
Outflows from bitcoin ETFs have slowed down. What can make a difference?
The potential outflow of funds from the funds could amount to more than $1 billion.
Venture capital investments in the crypto business have started to grow again. What's new?
Analysts attribute the wave of interest of venture investors to cryptocurrency startups with the launch of a bitcoin ETF
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Solana once again became the fourth largest cryptocurrency by capitalization, Chainlink entered the Top 10 cryptocurrencies by capitalization and bypassed the Dogecoin token.