Bitcoin Rebounds Above $66K as Institutional Players Disclose BTC ETF Holdings
Bitcoin rose above $66,000 on Friday, reversing a dip below $65,000 the day before. The CoinDesk 20 Index also increased by about 1.4%. Inflows into spot bitcoin ETFs have been positive for four consecutive days, and several institutional players have disclosed significant BTC ETF holdings. Meanwhile, Coinbase has said that Ether has potential to surprise to the upside, due to its lack of significant sources of supply side overhangs and its position as the center of DeFi. The Fantom blockchain's FTM has gained 13% in the past week, thanks to the roll-out of its Sonic upgrade and increases in the total value locked on the protocol.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Skipped Bitcoin Cash? Qubetics ($TICS) Could Be Your Redemption Ticket – Top Cryptos for Significant Returns
The crypto market has been on fire lately. With the spotlight shifting to new and innovative blockchain projects, everyone’s eyes are on which cryptos will make waves this year.Bitcoin Cash: A Missed Opportunity for Significant ReturnsQubetics: Revolutionizing Digital Finance with Real-World Asset TokenizationConclusion: Time to Act on Qubetics
BTC Short Position by ETH Whale Nears $332M
A crypto whale boosts their BTC short position to $332M, facing losses and potential short squeeze risk.Whale Boosts BTC Short Position Amid Market VolatilityRisk of Liquidation LoomsStrategic Buy Orders Placed
Pakistan Launches Crypto Council Led by Finance Minister
Pakistan forms Crypto Council to boost blockchain and crypto adoption, chaired by Finance Minister Muhammad Aurangzeb.Pakistan Takes a Bold Step Toward Crypto AdoptionFinance Minister to Lead the InitiativeFocus on Innovation and Financial Inclusion
Trump Crypto Project WLFI Buys AVAX, MNT for $4M
Trump-linked crypto project WLFI buys $4M worth of AVAX and MNT, total investment hits $340M with $115M in unrealized losses.WLFI Adds AVAX and MNT to Crypto Portfolio$340M Invested Across 11 TokensHeavy Losses Despite Market Activity
Trending news
MoreCrypto prices
More
