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Search results for U.S. spot bitcoin ETF

Crypto

Bitcoin stays under halving-day price for over 800 days, raising worst-cycle view

Bitcoin has remained in a loss zone for buyers who purchased on the day of its fourth halving, staying below that level for more than 800 days, prompting views this cycle is the worst on record. Bitcoin is around $59,400, under about $64,000 on April 19, 2024. Decrypt said spot bitcoin ETFs drew large institutional inflows before the halving, lifting prices earlier and diluting the halving’s impact. Analysts also track realized price in comparing cycles.

Crypto

Five power figures who once slammed bitcoin enter blockchain business

Prominent figures in finance and politics who have strongly criticised bitcoin are increasingly moving directly into blockchain and digital asset businesses, Cointelegraph reported. It cited BlackRock CEO Larry Fink, JPMorgan CEO Jamie Dimon, gold bull Peter Schiff, economist Nouriel Roubini and U.S. President Donald Trump. While some maintain scepticism about cryptocurrencies, they are pursuing tokenisation, blockchain payments, tokenised products or crypto-related ventures, highlighting growing use of blockchain infrastructure.

Crypto

Fidelity website sparks XRP bullish frenzy; outsiders see surge to $8

A bullish view that XRP could rise to $8 posted on Fidelity Investments\' website has drawn attention from the XRP community. The item was not Fidelity\'s own investment research but content from an external cryptocurrency news feed carried on its platform. The content cited spot XRP ETF inflows and a favourable U.S. regulatory environment as key conditions. Analysts and supporters also referenced technical analysis and on-chain data from Santiment, while noting the figures were not from Fidelity.