The recent net outflows from Bitcoin ETFs appear to stabilize, even as redemptions persisted for five days as of March 23, 2024. However, the outflow magnitude moderated due to continued Bitcoin accumulation from institutional giants like BlackRock. According to analyst Thomas Fahrer, the world’s biggest asset manager, BlackRock, bought 12,500 bitcoins this week. Many experts […]
Bitcoin (BTC) crossing $28,000 shows a positive sentiment, but it’s crucial to sustain this level, analysis says. In an X post on October 17, co-founders of on-chain analytics firm Glassnode, Jan Happel and Yann Allemann, described the $28,000 mark as a “critical milestone” for BTC price. On Oct. 16, the crypt-focused news platform Cointelegraph said […]