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news-imageNovember 15, 2024
Publisher: The Motley Fool
Sentiment: Positive
BTC

More News Articles

Negative
cover-imageBitcoin
November 15, 2024

ETF Exodus: Bitcoin Funds Bleed $400M—What's Next?

On Thursday, U.S. spot bitcoin and ethereum ETFs hit a snag, snapping a streak of inflows. Ethereum Funds Falter as Bitcoin ETFs Face $400M Outflow Bitcoin (BTC) saw a slight dip, slipping below $90,000, while U.S. spot bitcoin ETFs experienced outflows totaling $400.67 million. Not everyone took a hit, though. Blackrock's IBIT picked up $126.

Neutral
cover-imageBenzinga
November 15, 2024

Bitcoin, Dogecoin Success Driven By 'Narrative And Momentum,' Report Argues

Marketing influence and entertainment narratives have emerged as the most powerful drivers of asset success in the cryptocurrency market, beating out traditional financial metrics like intrinsic value or cash flow. This shift, noted in a recent 10x Research report, shows why protocols with outspoken founders and strong marketing personas have thrived.

Positive
cover-imageCrypto Economy
November 15, 2024

VanEck Says Bitcoin's Path to $180K Has No Technical Resistance

TL;DR VanEck predicts Bitcoin could reach $180,000 by 2025, with no technical resistance in its path, according to Matthew Sigel, head of digital assets research. Bitcoin has surged nearly 30% since November 5, reaching a record of just under $93,490, driven by favorable sentiment following Donald Trump's return to the U.S. presidency.

Positive
cover-imageDecrypt
November 15, 2024

Goldman Sachs Discloses $710 Million Bitcoin ETF Holdings in SEC Filing

Goldman Sachs has significantly expanded its Bitcoin ETF holdings, as revealed in its latest 13F filing with the U.S. Securities and Exchange Commission (SEC). The Wall Street giant holds $710 million across various Bitcoin exchange-traded funds (ETFs), according to its latest SEC filing for the quarter ending September 30.

Positive
cover-imageBitcoinist
November 15, 2024

Bitcoin Top In? Binance Withdrawals Could Suggest Otherwise

On-chain data shows Bitcoin has continued to flow out of the cryptocurrency exchange Binance even after its latest high above $93,000. Bitcoin Binance Netflow Has Been Seeing Negative Spikes Recently As pointed out by an analyst in a CryptoQuant Quicktake post, the Exchange Netflow for Binance has registered negative values recently.

Negative
cover-imageCrypto Daily
November 15, 2024

Bitcoin ($BTC) falls after hawkish comments from Fed chairman Powell

From a fairly comfortable expectation of another Fed rate cut in December, the market has reacted negatively to Fed Chairman Jerome Powell's remarks on Thursday, hinting that a December rate cut may not be forthcoming. Stocks fell on the news, and Bitcoin ($BTC) suffered a deeper retracement before staging a recovery early on Friday.

Positive
cover-imageCoinPedia
November 15, 2024

Goldman Sachs Shocks Wall Street with $710M Bitcoin ETF Bet

Goldman Sachs has reported a big increase in its Bitcoin ETF holdings, according to a recent filing with the U.S. Securities and Exchange Commission (SEC). As of September 30, the bank held $710 million in Bitcoin ETFs. This includes a 156% increase in $BITB shares and a 116% rise in $GBTC shares since August.

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