Bitcoin holds above $43k, but analysts warn about sub-$40k pullback | Kitco News

admin

( [Kitco News](https://www.kitco.com/)) – Bitcoin ( [BTC](https://www.kitco.com/price/crypto/bitcoin)) continued to consolidate below $44,000 on Tuesday as traders have been in portfolio rebalancing mode since last week’s launch of the first spot BTC ETFs on the U.S.markets, which opened the door for large institutional inflows for the first time in the history of digital assets.While the large…

BNB price could rally 30% as Binance launches crypto exchange services in Thailand

admin

– Binance Coin price action has culminated in a bullish flag pattern, the second similar bullish technical formation since mid-December. – Meanwhile, Binance exchange has responded to November’s invite-only testing phase, launching trading services to the public in Thailand via Binance TH. – BNB price could rally 30% to hit the pattern’s target objective at…

Cryptocurrencies Price Prediction: Axie, Maker & Bitcoin – European Wrap 15 January

admin

[Axie Infinity and Bitcoin Cash hold up despite high ratio of shorts](https://www.fxstreet.com/cryptocurrencies/news/axie-infinity-and-bitcoin-cash-hold-up-despite-high-ratio-of-shorts-202401151137) The green light from the US Securities and Exchange Commission (SEC) for the Bitcoin Spot ETF caused a notable surge among many altcoins, which benefited from an overnight increase in their prices with either new capital inflow or capital rotation.[Maker whale transactions pick…

Bitcoin and financial inclusion

admin

Latin America has been recognized as one of the most complex economic regions worldwide.The Latin American continent has different financial challenges, such as high inflationary economies and a lack of financial inclusion, among others.Inflation is usually characterized as one of the biggest structural problems within the region’s economies, with currency depreciation resulting in a loss…

JPMorgan sees significant capital from existing crypto products pouring Into new spot Bitcoin ETFs

admin

It’s unclear how much fresh capital the new spot bitcoin exchange-traded funds (ETF) will attract, but significant funds from other crypto products are expected to pour in, J.P.Morgan said in a Thursday research report.The market reaction to the U.S.Securities and Exchange Commission’s (SEC) reluctant approval of spot [Bitcoin](http://pubads.g.doubleclick.net/gampad/clk?id=5703293170&iu=/7138/FXS30) (BTC) ETFs has been relatively muted, with…

Bitcoin tests the strength of an uptrend

admin

Market picture Last week saw the launch of 11 spot [bitcoin](https://www.fxstreet.com/cryptocurrencies/bitcoin) ETFs in the US.On Thursday, the first day of trading, the total volume traded in these ETFs was $4.6 billion, and the price of bitcoin reached a multi-month high near $49000.The “sell the facts” pattern was already evident on Friday and continued throughout the…

Davos 2024: World Economic Forum’s crypto vision

admin

The World Economic Forum (WEF) Davos conference, spanning five days, is underway from January 15, and it centers around the theme ‘Rebuilding Trust,’ delving into six crucial areas of economic resilience, energy transformation, globalization, productive [artificial intelligence](https://finbold.com/guide/artificial-intelligence-stocks/) ( [AI](https://finbold.com/topic/artificial-intelligence/)), strengthening institutions, and women’s health.The 2024 event also marks another year in the ongoing presence of…

Subscribe US Now