Cathie Wood’s ARK Invest to offer crypto strategies to investment advisors

by webwriter | Oct 3, 2022 | Bitcoin News

Cathie Wood’s investment firm, ARK Investment, is making its two actively managed crypto strategies available to registered investment advisors. The strategies will be available as separately managed accounts (SMAs) through a collaboration with the digital asset...

BTC price still not at ‘max pain’ — 5 things to know in Bitcoin this week

by webwriter | Oct 3, 2022 | Bitcoin News

Bitcoin (BTC) starts a new week in a precarious place as global macro instability dictates the mood.After sealing a weekly close just inches above $19,000, the largest cryptocurrency still lacks direction as nerves heighten over the resilience of the global financial...

Bitcoin 2021 bull market buyers ‘capitulate’ as data shows 50% losses

by webwriter | Oct 3, 2022 | Bitcoin News

Bitcoin’s (BTC) spot trading below $20,000 is seeing a new “capitulation” event encompassing an entire year’s worth of buyers, research reveals.In one of its Quicktake market updates on Sept. 29, on-chain analytics platform CryptoQuant flagged intense selling by...

Bitcoin price starts ‘Uptober’ down 0.7% amid hope for final $20K push

by webwriter | Oct 2, 2022 | Bitcoin News

Bitcoin (BTC) failed to hold $20,000 into the September monthly close as one trader eyed a final comeback before fresh downside.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewTrader’s $20,500 upside target remainsData from Cointelegraph Markets Pro...

Net Bitcoin ATMs growth drops globally for the first time ever

by webwriter | Oct 2, 2022 | Bitcoin News

The domino effect of a prolonged bear market seeped into the Bitcoin (BTC) ATM ecosystem as September 2022 recorded negative growth in global net installations for the first time in history — primarily driven by a slowdown in the United States.The total number of...

Nexo-labeled address withdraws $153M in Wrapped BTC from MakerDAO

by webwriter | Oct 1, 2022 | Bitcoin News

Disclaimer: This article has been updated to reflect Nexo’s response stating that the fund transfer represents an operational transfer, involving the move of funds from one Nexo address to another.Just a few days after market analysts predicted a 50% drop in...