BitcoinGalaxy Research Says the Bitcoin Bear Market Ended in June
Galaxy's Alex Thorn argues Bitcoin bottomed in June and tells investors to buy. We break down the report's numbers and the level that would break his thesis.
Bitcoin ETF
Bitcoin
MarketsBitcoin Falls Below $80,000 as US Evacuates Middle East Staff
Bitcoin slid to $79,700, a one-month low. US Middle East evacuations, $635M of ETF outflows and pricey oil are weighing on the market.
MarketsBitcoin ETFs lose $635M in one day
US spot Bitcoin ETFs shed $635 million on Thursday, the most since June. October is back in the red by $175 million. A look at the numbers.
MarketsJPMorgan forecasts 10% annual bitcoin returns over the next decade
JPMorgan Asset Management expects 10% a year from bitcoin, ahead of stocks and gold, with a range from minus 9.7% to plus 17%.
RegulationFINMA approves Switzerland's first retail Bitcoin ETF
Swiss regulator FINMA has cleared the first ETF holding Bitcoin directly for retail investors. The issuer and launch date are still unknown.
InstitutionalBlackRock files for buffer Bitcoin ETF PBIT
BlackRock asks the SEC to approve PBIT, an IBIT options fund with a 10% loss buffer and capped gains. IBIT drew $665 million on Monday.
MarketsUS Inflation Knocks Bitcoin Below $80,000
Bitcoin fell under $80,000 after hot US inflation, and liquidations hit $948M in a day. The levels and dates the market is watching.
RegulationThailand approves Bitcoin and Ether ETFs on its local exchange
Thailand's SEC finalized crypto ETF rules: launch Oct. 16, Bitcoin and Ether only, trading on SET, 80% of assets in one coin.
SecurityDrake urges bunker mode planning
An Ethereum Foundation researcher urged moving funds to addresses with hidden keys. Bitcoin slid to $82,300 and ETFs lost $485 million in a day.