The Bitcoin halving, a critical event reducing mining rewards, influences market dynamics by decreasing inflation and increasing scarcity. Historically boosting Bitcoin's price, the 2024 halving sparks speculation on potential growth amidst evolving market conditions and mainstream acceptance.
Bitcoin's price consolidates amidst a surge in futures interest and inflows into the crypto market. ETF trading volume soars 1400%. ETH investors warned amidst Bitcoin ETF hype. Axie Infinity (AXS) now live. RBA & U.S. Fed cautious on rates.
Axie Infinity (AXS) is coming to BTC Markets on February 21st. Bitcoin hits a high of US$52k amidst ETF frenzy. US Bitcoin ETFs inflows outpace miners' production, boosting price. AVAX surges by 13.91%, while hotter US inflation tempers wider market momentum.
BTC Markets CEO, Caroline Bowler looks at the transformative shifts in market dynamics, consumer sentiment and the outlook for 2024. Recent SEC approval of 11 spot Bitcoin ETFs prompts re-evaluation of indicators, highlighting bullish trends.
ETFs are a 'historic' Bitcoin boost according to Money Magazine. Token Airdrops could be a potential bull market catalyst. Insights on the US Bitcoin ETF market. MicroStrategy's acquisition, and Chainlink's 25.44% year-to-date increase. The RBA maintains 4.35% cash rates for stability.
Immutable X (IMX) is coming on Feb 7th. JPMorgan observes reduction in GBTC outflows, Australia sees 4.1% inflation rate as US Fed maintains steady interest rates. ETH Dencun upgrade aims for enhanced scalability, AVAX surges 10% as SOL rises above US$100.