Crypto Currency

Bitcoin Strikes A Chord At The Bottom, But Can It Clear This Major Resistance?

The price of Bitcoin has increased by 6% since it crossed into the $53,000 price territory on July 5. However, while the cryptocurrency is now exhibiting short-term bullishness, it is important to note that it is not out of the woods yet. Related Reading: Buy The Dip…

Published 2 years ago in
Bitcoin Strikes A Chord At The Bottom, But Can It Clear This Major Resistance?

The price of Bitcoin has increased by 6% since it crossed into the $53,000 price territory on July 5. However, while the cryptocurrency is now exhibiting short-term bullishness, it is important to note that it is not out of the woods yet. Related Reading: Buy The Dip…
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Crypto Currency

Morgan Stanley Unveils Bitcoin ETP With 0.14% Fee

Key Takeaways: Morgan Stanley opened MSBT, an ETF based on Bitcoin, which tracks BTC based on an index.  The product is available under a low 0.14% fee and institutional levels The post Morgan Stanley Unveils Bitcoin ETP With 0.14% Fee appeared first on CryptoNinjas…

Published 3 hours ago in
Morgan Stanley Unveils Bitcoin ETP With 0.14% Fee

Key Takeaways: Morgan Stanley opened MSBT, an ETF based on Bitcoin, which tracks BTC based on an index.  The product is available under a low 0.14% fee and institutional levels
The post Morgan Stanley Unveils Bitcoin ETP With 0.14% Fee appeared first on CryptoNinjas…
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Crypto Currency

Bitcoin price forecast as traders bet on $80,000 next

Bitcoin trades above $70,700 as derivatives data shows $80,000 calls dominating on Deribit. BTC rebounded to near $72,900 on Wednesday as a US-Iran ceasefire eased oil pressures. Analysts see end of stress cycle, targeting $80,000 if $75,000 breaks. Bitcoin’s resurgence to above $70,000, with intraday highs of $72,900…

Published 3 hours ago in
Bitcoin price forecast as traders bet on $80,000 next

Bitcoin trades above $70,700 as derivatives data shows $80,000 calls dominating on Deribit. BTC rebounded to near $72,900 on Wednesday as a US-Iran ceasefire eased oil pressures. Analysts see end of stress cycle, targeting $80,000 if $75,000 breaks. Bitcoin’s resurgence to above $70,000, with intraday highs of $72,900…
Read More

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Crypto Currency

Strategy’s near $2 billion profit on Bitcoin is eclipsed by their losses SEC filing shows

Strategy (formerly MicroStrategy) is claiming its aggressive Bitcoin purchases have yielded a nearly $2 billion gain this year despite the top asset’s clear price struggles. However, a close look at the enterprise software company’s legally binding regulatory filings tells a much redder story: under standard accounting rules…

Published 3 hours ago in
Strategy’s near $2 billion profit on Bitcoin is eclipsed by their losses SEC filing shows

Strategy (formerly MicroStrategy) is claiming its aggressive Bitcoin purchases have yielded a nearly $2 billion gain this year despite the top asset’s clear price struggles. However, a close look at the enterprise software company’s legally binding regulatory filings tells a much redder story: under standard accounting rules…
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Crypto Currency

Morgan Stanley’s new Bitcoin ETF puts pressure on BlackRock’s IBIT after debut

On April 8, Morgan Stanley’s spot Bitcoin exchange-traded fund began trading on the NYSE Arca under the ticker MSBT, logging 1.6 million shares and roughly $34 million in volume on its highly anticipated first day. The MSBT fund purchased 430 Bitcoin on day one, following $30.6 million in net inflows…

Published 3 hours ago in
Morgan Stanley’s new Bitcoin ETF puts pressure on BlackRock’s IBIT after debut

On April 8, Morgan Stanley’s spot Bitcoin exchange-traded fund began trading on the NYSE Arca under the ticker MSBT, logging 1.6 million shares and roughly $34 million in volume on its highly anticipated first day. The MSBT fund purchased 430 Bitcoin on day one, following $30.6 million in net inflows…
Read More

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