BNY Mellon, the oldest and most established bank in the US managing $59 trillion, examined Bitcoin and ETFs! Investors are employing this strategy!

Bitcoin (BTC) has experienced significant declines in recent months, falling as low as $60,000 in February. These declines also negatively impacted US spot ETFs, resulting in significant outflows. However, the positive momentum seen in Bitcoin and the market has also been reflected in inflows into ETFs. At this point, BNY Mellon, one of the oldest […]

Japan-based company Metaplanet takes a new funding step to increase Bitcoin investments! Here are the details

Metaplanet, a publicly traded company based in Japan, has taken a new funding step to increase Bitcoin investments. In an official statement, the company announced the issuance of 8 billion yen (approximately $50 million) in zero-interest corporate bonds. The funds will be used directly for Bitcoin purchases. It was announced that the issued bonds would […]

Will the Bitcoin Price Continue to Go Up in the Coming Days, or Will the Rally Lose Momentum?

As signs of recovery gain strength in the Bitcoin market, analysts are drawing attention to a critical resistance level. According to experts, the most important threshold for $BTC in the short term is the $80,000 level, while buying activity by whales and ETF investors supports the market’s upward potential. As the Bitcoin price has gradually […]

Percentage of Bitcoin Held on Binance Drops to Lowest Level in Three Years: What Does This Mean for the Market?

Cryptocurrency analytics company CryptoQuant shared a noteworthy assessment of the Bitcoin market. According to the company’s latest analysis, the Bitcoin supply on Binance has fallen to its lowest level in three years, signaling a significant shift in market dynamics. The analysis noted that the 365-day simple moving average (SMA 365) of Bitcoin Exchange Supply Ratio […]