Schwab Asset Management has revealed in a new survey that nearly half of exchange-traded fund investors plan to continue gaining exposure to crypto ETFs, which will rival bond ETFs. The asset manager found that 45% of the respondents plan to invest in crypto ETFs, matching the interest in bond ETFs. The report also showed that
Bitcoin (BTC) trades near $101,358 as it struggles to regain momentum after retreating from its October highs. The price remains under selling pressure, moving below key exponential moving averages (20, 50, 100, and 200-EMA). This setup signals a continuation of short-term weakness despite brief rebounds seen earlier in the week. Price Consolidation and Technical Levels
Imagine a billion-dollar vote of confidence in the cryptocurrency space. That’s exactly what Kazakhstan is planning with its groundbreaking Kazakhstan crypto fund, set to launch with up to $1 billion in capital. This massive investment initiative represents a strategic pivot for the Central Asian nation as it positions itself in the global digital economy. What
Another milestone has been recorded in the Pi Network ecosystem with the launch of a new, digital banking app, Gargoura Digital Bank, on the Pi Testnet. The release of the app led to a great buzz on the Internet, with users posting screenshots with complex functionality and a generous design. The interface has a mix
Gold advocate Peter Schiff issued warnings about risks facing Bitcoin holders who have pledged their tokens as collateral for loans. The economist argues that a market crash would force liquidation of these positions at unfavorable prices. Schiff stated that holders have pledged Bitcoin as collateral to acquire other assets or fund lifestyles without selling their
Bitcoin (BTC) trades at $101,328 as of press time, erasing the 2.3% recovery that had briefly pushed the price to $103,885 the day before. The breakdown confirms what on-chain data has been telegraphing about demand momentum fading, long-term holders selling into weakness, and the market testing structural supports last seen during mid-cycle corrections. The two
By Francisco Rodrigues (All times ET unless indicated otherwise) Bitcoin BTC$100,251.26 and other major cryptocurrencies fell in the last 24 hours with the CoinDesk 20 (CD20) index retreating 2.17%, caught in the pullback that has gripped global markets this week. The broader retreat began with a sell-off in tech-heavy equity indices like the Nasdaq 100,
According to Matrixport’s post, Bitcoin has entered a consolidation phase due to macroeconomic pressures and resistances in the market structure. Matrixport: Bitcoin in Consolidation Phase, Current Situation Not a Structural Peak The report cited the cautious stance of the US Federal Reserve and the low probability of easing monetary policy in the near term as
Leading cryptocurrency Bitcoin entered a downward trend after reaching a new ATH of over $126,000 at the beginning of October. While there was a major crash in BTC and altcoins on October 11, this downward trend continues in November. Analysts are divided on their BTC predictions. Bitcoin’s ongoing correction has led to divided market predictions,
U.S. exchange-traded funds (ETFs) recorded inflows of $240 million on Thursday, marking the first day of positive flows since Oct. 28, according to data from Farside. No outflows were reported from any ETF provider, ending a six-day streak of consecutive outflows. The longest stretch of outflows since the ETFs launched remains eight consecutive trading days,