Why March 2021 may see Bitcoin register yet another pullback

In the current Bitcoin price rally, it is a widely known opinion that miner inflows to spot exchanges have led to a drop in the cryptocurrency's price.

Saylor Sees Bitcoin Regulation as Greenlight For More Institution Inflows

MicroStrategy CEO Michael Saylor isn’t concerned with the prospect of stricter Bitcoin regulations.

Exchanges Inflows Spiked 1,000% Right Before the Bitcoin Plunge to $45,000

Bitcoin's massive $13,000 drop could have been expected to some extent as exchanges experienced an 11x surge in BTC deposits just before the peak.

Exchange tokens benefit as centralized exchanges battle with DeFi platforms

Exchange tokens catch a boost as governance and high yields attract fresh inflows and CeFi begins to merge with DeFi. Fresh institutional and retail investor inflows into the cryptocurrency market have led to bull market conditions for many top tokens from blue-chips like Bitcoin (BTC) and Ether (ETH) to more recently established DeFi projects like AAVE and Synthetix (SNX). Exchange tokens are another easily overlooked sub-sector of the market but they have been performing exceptionally well in 2021 as increases in trading volumes results in a larger pool of fees to collect when the exchange’s native token is used for settlement.

Bitcoin whale clusters pinpoint $44,214 as the key near-term price level

Whale clusters show Bitcoin needs to defend $44,214 to see a continuation of the rally. Bitcoin (BTC) whale cluster data shows that $44,214 is the key near term level that the dominant cryptocurrency needs to defend. As Cointelegraph reported, in the last 24 hours, Bitcoin saw a sell-off after reaching a new all-time high at around $48,000, with the price shedding almost 8% and dropping to as low as $43,750 on Binance. Why is this level important for more BTC upside?  Whale clusters form when whales or high-net-worth investors purchase Bitcoin at a certain price level and do not move them. These levels often act as support or resistance levels because whales are more likely to buy more BTC at the level they are holding from or sell at breakeven. Bitcoin whale inflows.

ETH represented 80% of last week's institutional crypto inflows

Institutions were aggressively accumulating ETH in the lead up to the launch of CME futures, with Ether products representing 80% of last week’s institutional crypto inflows.

Bloomberg Startegists Bullish on Bitcoin in a Favorable Comparison Against Gold

By following the outflows towards gold-tracking ETFs and the massive inflows towards GBTC, Bloomberg strategists suggested more gains for bitcoin.

Grayscale Ethereum Inflows Up Again, Firm Calls ETH Valuation Methods 'Opaque'

Source: iStock/Ivan-balvan Major US-based crypto investment company Grayscale's ethereum (ETH) inflows increased yesterday, while the firm claims the methodology for valuing this asset "is opaque and changing." Grayscale Ethereum Trust (GETH) got 'fatter' by another batch of the world's second coin by market capitalization on February 3, adding ETH 47,000 (USD 77m) - making it the

Blockchain Bites: MicroStrategy’s Macro Strategy for Bitcoin Treasuries

Bitcoin is being hoovered up faster than it's mined, as Guggenheim predicts increased institutional inflows and Ruffer takes profits.

Grayscale Ethereum Inflows Surpassed BTC Inflows Yesterday As CME Futures Near

Major US-based crypto investment company Grayscale saw yesterday ethereum (ETH) inflows surpass those of bitcoin (BTC).

US Bitcoin exchange traffic explodes as analyst says flows hint at new BTC bull run

With Coinbase firmly within the top 500 US websites by popularity, it seems that all publicity is good publicity as mainstream consumers come on board. Bitcoin (BTC) exchanges in the United States are seeing unprecedented popularity as a wave of adoption sweeps the market.  Data from statistics resources Alexa and Similarweb shows that major exchange Coinbase now ranks within the top 1,000 most popular websites around the world. Coinbase in top 400 US sites As BTC/USD circles all-time highs, its run to $42,000 in January appears to have sparked a tsunami of new user engagement with some of the most popular cryptocurrency trading platforms. In the US, the focal point of institutional inflows into Bitcoin in recent months, exchanges Gemini, Kraken and Binance US are all part of the top 10,000 global sites.  While Binance just beats Coinbase in terms of worldwide visits, the latter reigns supreme among its domestic market, ranking 386th among US internet users.

Grayscale may jumpstart the next phase of the Bitcoin bull run tomorrow

A release of funds from lock-up traditionally heralds the start of price upside and ends consolidatory phases, data shows. Bitcoin (BTC) may have traded sideways for much of last month thanks to Grayscale, but the status quo will soon change. According to data from on-chain analytics resource CryptoQuant, the price premium of the Grayscale Bitcoin Trust (GBTC) just hit its lowest since April 2019. Grayscale lock-up ends Wednesday Grayscale has made the headlines frequently this year thanks to record BTC purchases and record demand, but despite the inflows, BTC/USD has not continued to gain. As February begins, the Trust’s purchase premium is at around $6.50, having previously been as high as $40 over the course of its existence.

Bitcoin Inflows in Past 30 Days Exceed BTC’s Total Market Cap in 2017 and 2019, Says Report

The total amount of capital inflows into bitcoin during the 30 days to Jan.

DeFi revival pushes Celo, Venus (XVS) and Fantom (FTM) price higher

Strong fundamentals, increasing daily active users and successful layer 2 trials are pushing DeFi tokens to outperform the broader crypto market. A new report by CoinShares suggests Bitcoin (BTC) has garnered 97% of the total crypto inflows in 2021.

Bitcoin Investment Fund Inflows Hit New Highs: CoinShares

Investors put a record $1.3 billion in cryptocurrency funds last week, says the asset management firm.

Bitcoin made up 97% of total crypto inflows in 2021

Bitcoin trading volumes surged significantly this year, jumping from an average of $2 billion in 2020 to $12 billion. Bitcoin (BTC), the world’s largest cryptocurrency by market capitalization, remains the most preferred digital currency for investors, according to a new report. Bitcoin inflows accounted for 97% of total crypto inflows so far in 2021, according to a Jan.

Price analysis 1/25: BTC, ETH, DOT, XRP, ADA, LINK, LTC, BCH, BNB, XLM

Altcoins continue to trend higher, but Bitcoin price needs to turn $35,000 to support in order for the entire market to gain momentum. After the recent correction, Bitcoin (BTC) will need aggressive inflows to absorb the possible selling from the short-term traders and momentum players as the price nears $40,000.

Decreasing Grayscale Bitcoin Trust Inflows Stop BTC Price From ATH Recovery: JPM Analysts

According to JPM analysts, the decreasing inflows in Grayscale's Bitcoin Trust prevent the cryptocurrency from recovering to its all-time high value.

Altcoins rally while Bitcoin bulls are thwarted by resistance at $34K

A handful of altcoins posted double-digit gains while Bitcoin’s relief rally was halted by resistance at $34,000. Bitcoin’s (BTC) tumble below $30,000 was short-lived as the top cryptocurrency found a new wave of support, including a $10 million ‘buy the dip’ moment from MicroStrategy.  Data from Cointelegraph Markets and TradingView shows the strong inflows have helped lift BTC 4.92% to a daily high at $33,866.

Latest CME Report Reveals Growing Appetite for Bitcoin Amongst Institutions

Bitcoin has been consolidating within the $30,000 region throughout the past few days and weeks Bulls and bears have largely reached an impasse, with buyers and sellers both being unable to spark any trend This comes as large institutional inflows show some signs of tapering, with these buyers largely being viewed as the ones responsible […]

Litecoin (LTC) Price Analysis: January 19, 2021

This piece analyzes Litecoin's price in the current market realities and inflows by retail institutional and retail investors.

Watch Grayscale Bitcoin Inflows for the USD 40K Breakout Signs - JPMorgan

As bitcoin (BTC) is now seemingly stuck in a range, it could both fall further or push through the USD 40,000 level again - with Grayscale Bitcoin Trust (GBTC) possibly being a determining factor. After hitting a new all-time high of USD 42,000 in early January, last week, bitcoin dropped to almost USD 30,000 before moving back to USD 40,000 and then correcting lower again,

Institutional Investors Bought $2.8 Billion in Bitcoin Through Grayscale In Q4 2020

Nearly 60% of the yearly inflows into Grayscale products came during the last quarter and the Bitcoin Trust accumulated the most inflows.

Price analysis 1/15: BTC, ETH, XRP, DOT, ADA, LTC, BCH, LINK, XLM, BNB

Altcoins have entered a slight correction after Bitcoin's relief rally lost steam and the price dropped below $35,000. Grayscale products witnessed $3.3 billion in inflows in the fourth quarter of 2020, a large jump over the $1.05 billion seen in the preceding quarter.

Bitcoin Institutional Inflows Are Rising as Grayscale Bitcoin Portfolio Now Estimated to be Worth $23.69 Billion

Bybt crypto trading platform has disclosed that Bitcoin institutional inflows are not showing any signs of slowing.

Grayscale Ends Quarter with Record-Breaking Inflows of $5.7 Billion as Demand for Crypto Goes Up

Grayscale Investments has released their quarterly report assessing the last months of 2020.

Grayscale inflows hit $3.3B in record-breaking fourth quarter

Average weekly inflows into Grayscale’s products hit $250.7 million in the fourth quarter, capping off a stellar year for the asset manager.

Bitcoin Just Reached this “Key Zone” — Here’s What Analysts Say Comes Next

Bitcoin’s price has been on a roller coaster of a ride throughout the past couple of weeks After rejecting above $40,000, the cryptocurrency faced massive inflows of selling pressure that sent it reeling down to lows of $30,000 The support here proved to be significant and helped the cryptocurrency see further momentum One trader is […]

Grayscale’s Crypto Products Raised Over $3B Last Quarter, the Most Ever

Grayscale's popular bitcoin trust once again led the pack with over $200 million in inflows every week.

Is a new rally brewing as Bitcoin reclaims $38K and stablecoins 'flooding' exchanges?

Stablecoin inflows into exchanges spiked right as the price of Bitcoin recovered above $38,000, on-chain data shows. The price of Bitcoin (BTC) has extended its recovery on Jan.

Ethereum is Struggling to Hold This Crucial Level Following Recent Rebound

Ethereum has been closely tracking Bitcoin’s price action throughout the past few days, which has caused it to bear witness to immense volatility The cryptocurrency’s price rocketed up to highs of $1,400 last week before facing intense inflows of selling pressure that sent it to $900 It has since recovered from this decline, and it […]

Profit taking? Institutional crypto fund inflows drop 97% in three weeks

CoinShares has reported “evidence of potential profit taking” among institutional investors, as weekly crypto fund inflows drop 97% in less than one month. Capital inflows into crypto funds and investment products plummeted during the first week of January after posting new all-time highs in late-December. According to crypto fund manager CoinShares’ Jan.

Fund manager Bitwise surpasses $500 million in Bitcoin, Ethereum and other crypto AUM

Crypto fund manager Bitwise surpassed $500 million in assets under management (AUM) and recorded Q4 inflows into its Bitcoin, Ethereum, and crypto index funds, outpacing previous quarters.  On 28 The post Fund manager Bitwise surpasses $500 million in Bitcoin, Ethereum and other crypto AUM appeared first on AMBCrypto.

Bitwise AUM surpasses $500 million as institutions flock to crypto

The fund manager’s inflows suggest investors are seeking broad exposure to cryptocurrencies, including Bitcoin and Ether.

XRP Crash Burns Other Crypto Asset Values, BTC Price Remains Unscathed

Digital currency markets have seen some volatile action this week and during the last 24 hours following the XRP charges, a number of coins shed a great deal of value.