The nine recently launched spot bitcoin exchange-traded funds (ETFs) have amassed an astounding 264,232.74 bitcoin in just 37 days, which, at current exchange rates, is worth $13.5 billion. With 115,989.80 bitcoins in its holdings, Blackrock’s IBIT ETF leads the field and possesses a sizable 43% of the total. Nine New ETFs Secure $13.5B in Bitcoin, … Read more
Four main arguments for purchasing bitcoin have been put up by Mexican millionaire Ricardo Salinas: diversity, long-term growth potential, and defense against inflation and currency depreciation. In addition, he gave the following advice: “You have to know how to invest and be patient; don’t get excited when the market rises and sell, and don’t get … Read more
On February 14, 2024, the price trajectory of Bitcoin demonstrates a strong positive trend, with the cryptocurrency hitting a 24-hour high of $51,814. The digital asset has increased significantly in the middle of a consolidating market; it has increased by 21% over the last month and by 3% today. Bitcoin After hitting intraday highs, the … Read more
Michael Saylor, executive chairman of Microstrategy, has provided an explanation of why bitcoin has emerged as “the world’s most popular investment asset.” He pointed out that the cryptocurrency has “found its footing and now people are beginning to realize that there’s 10 times as much demand for bitcoin coming in through these ETFs as there … Read more
Anthony Scaramucci, the founder of Skybridge Capital, has clarified that it is still possible to purchase bitcoin. He predicts that many people are questioning if they missed the chance to purchase bitcoin as its price has surged beyond $50,000. Scaramucci emphasized that he has a firm “no” to that. Anthony Scaramucci: Should You Invest in … Read more