Crypto Futures Trading

2024-02-28 13:15:22 Peter Brandt Raises Bitcoin Price Target to $200,000 for the Current Bull Market Cycle

Peter Brandt provided an update on his bitcoin price prediction as the price of BTC hit $57,000 and nine spot bitcoin exchange-traded funds (ETFs) broke their all-time trading volume record on Monday. In January, Brandt highlighted bitcoin’s price pattern that is key to keeping BTC’s bull trend healthy. “It is the Hump…Slump…Pump…Dump that keeps a bull trend healthy,” he wrote.

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2024-02-28 00:35:00 Tether CEO Paolo Ardoino predicts more bitcoin buy-in from funds post spot bitcoin ETF approval

Tether CEO Paolo Ardoino predicts bitcoin will increasingly integrate into traditional finance, with hedge funds, pension funds, and corporations showing growing interest in the world's first cryptocurrency. Companies will also keep bitcoin on their balance sheets, Ardoino said, adding that spot bitcoin ETFs have since provided legitimacy. So far, only a handful of companies have bitcoin holdings including Tesla, Inc. and MicroStrategy Inc., according to CoinGecko.

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2024-02-27 14:05:22 New bitcoin spot ETF trading volume sets daily record, besting launch day: Bloomberg

The nine new spot bitcoin ETFs set a new record for combined daily trading volume on Monday by recording $2.4 billion in buying and selling activity, according to Bloomberg Senior ETF Analyst Eric Balchunas. BlackRock's spot bitcoin ETF led the way with $1.3 billion in trading, he also said. Earlier in the day, when Blackrock's ETF, ticker IBIT, passed the $1-billion mark, it ranked "11th among all ETFs (Top 0.3%) and Top 25 among stocks," according to Balchunas.

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2024-02-26 23:10:30 Solana suffers $3 million ETP outflows post-outage as Bitcoin responsible for 95% of inflows

Solana’s recent outage appears to be weighing heavily on investors’ minds, with crypto investment products related to the blockchain network seeing outflows of $3 million during the past week. On Feb. 6, Solana experienced an outage that halted blockchain transactions for five hours due to a bug that pushed it into an infinite loop. While a patch was promptly developed, community members pointed out that the network has a rich history of outages in the past.

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2024-02-26 09:31:12 Grayscale’s Bitcoin ETF records lowest outflows since conversion

Grayscale’s GBTC posted $44.2 million in withdrawals on Feb. 23, marking its lowest daily volume since transitioning to an ETF. Grayscale’s Bitcoin Trust (GBTC) has seen outflows reach their lowest point over the past few days, signaling a slowdown in withdrawal volumes. According to data from BitMEX Research, GBTC had withdrawals of $44.2 million on Feb. 23, the lowest daily volume since its conversion on Jan. 11 from an over-the-counter product to an exchange-traded fund (ETF).

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2024-02-25 23:01:54 Riot Platforms Bitcoin mining output surged by 19% in 2023: report

The cost of mining Bitcoin in 2023, after factoring in power credits allocated to self-mining, averaged $7,539 per Bitcoin. This marks a 33% decrease from the $11,225 average in 2022. Jason Les, CEO of Riot Platforms, unveiled the company’s performance in 2023, highlighting it as another significant milestone in its journey as a vertically integrated Bitcoin (BTC) miner. Les touted total revenues of $281 million, production of 6,626 Bitcoin, and earnings of $71 million in power credits.

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2024-02-25 09:00:53 Pantera Capital Predicts 'Strong' Crypto Bull Market Over Next 18-24 Months

American hedge fund Pantera Capital has predicted “a strong bull market” for cryptocurrencies over the next 18-24 months. “With the halving expected to occur in late April 2024, we believe the convergence of these positive things will provide strong tailwinds for the next bull market,” said Pantera founder Dan Morehead.

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2024-02-24 20:05:30 Cash App Records 90% Surge in Bitcoin Sales Gross Profit

In the recently released earnings report for the fourth quarter, Jack Dorsey-led payments firm Block showcased impressive growth in its Bitcoin-related activities. Block, which operates the popular Cash App, disclosed a substantial increase in gross profit from selling bitcoin, reaching $66 million. The report unveiled the total sale amount of bitcoin to customers, denoted as Bitcoin revenue, standing at $2.5 billion for the fourth quarter, indicating a robust 37% year-over-year increase.

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2024-02-24 11:05:14 Avalanche Is Back Up After Failing to Produce Block for Four Hours

Layer-1 blockchain Avalanche resumed finalizing blocks on Friday, four hours after an outage took the network offline due to a software bug, according to its status page and block explorer. Avalanche stopped adding blocks at 11:13 UTC, according to the status page, which noted that developers for the network had already begun investigating the issue. At 15:59, developers released a software upgrade for Avalanche nodes that disabled logic which led to an "excessive amount of gossip" between validator nodes.

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2024-02-23 23:35:06 New Trade for #VTHO/USDT (Chart: 1 Hour TF)

VTHO/USDT Looks good on 1 Hour time moving along rectangular support price reversal many times from this region. Also on a breakout.

Entry: $0.004969 - $0.004613

Target 1 : 0.005105
Target 2 : 0.005252
Target 3 : 0.005399
Target 4 : 0.005841
Target 5 : 0.006429

SL : 0.004428

@ChartsSignalsTrading Open / Comment