- Barrons.com
Why Almost Everyone Was Wrong About the Bitcoin ‘Halving’
The halving is a change to Bitcoin’s programmatic monetary policy which cut in half the issuance of new tokens, restricting supply.
- Barrons.com
Bitcoin Falls. Here’s How Much Is Flowing Out of Spot ETFs.
Bitcoin and other cryptocurrencies were losing ground Wednesday. hit a record high near $74,000 in mid-March amid a surge of interest from new spot Bitcoin exchange-traded funds (ETFs) but its price has dropped since then. “Factors such as spot ETF inflows and the amount of circulating supply being held by investors rather than being sold, which contributed to the price rise to the record high … have recently turned ‘negative’ and put pressure on the price,” wrote Simon Peters, an analyst at eToro, in a research note on Wednesday.
- Barrons.com
Bitcoin Climbs. Here Are the Price Levels to Watch for Its Next Move.
Bitcoin and other cryptocurrencies were rising early Monday. The crypto sector could benefit from increasing confidence over interest-rate cuts but analysts warned Bitcoin was still susceptible to declines. Bitcoin has risen 2.4% over the last 24 hours to $65,185, leaving the largest cryptocurrency at its highest level for nearly two weeks.
