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Crypto-focused funds took in more than double the amount of new money last week than the prior week as bullish sentiment returned to the bitcoin market. Digital asset investment products saw a total of $226 million in inflows during the week ended last Friday, up from $90 million the week before.

Okt 11, 2021

New data reveals bitcoin gained 25% in the third quarter of 2021.

Okt 5, 2021

Digital asset investment products attracted $90 million in new money in the seven days last Friday, the seventh straight week of inflows. Bitcoin-focused funds reportedly took in $69 million and has attracted new capital for three straight weeks after a period of outflows in recent months.

Okt 4, 2021

A sneak peak at one of the charts in CoinDesk’s Q3 crypto markets analysis report reveals bitcoin’s dominance, the measure of BTC market capitalization, compared to the market cap of all digital assets has consistently waned year over year since 2019. “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.

Okt 1, 2021

Crypto funds are drawing the most new money in three weeks, even amid China’s crackdown on cryptocurrencies. New data on weekly crypto asset flows reveals investors pumped $95 million into digital asset products last week, more than double the prior week. “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.

Set 27, 2021

Bitcoin registered a series of lower price highs Friday, at one point shaving off $4,000 and meeting resistance at $41,000 following China’s renewed anti-crypto stance. The People’s Bank of China said bitcoin, ether and stablecoin tether do not qualify as legal tender and cannot be used in the currency market.

Set 24, 2021

New data on bitcoin transactions over the past 20 months reveals bitcoin transaction fees are, at times, relatively cheap. Still, when the bitcoin mempool becomes congested, transaction fees can spike substantially, making casual transactions less viable at the base layer. “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.

Set 17, 2021

Blockchain metrics show bitcoin’s latest breakout above key resistance is back by renewed interest from large investors. The so-called “large transaction volume” has hit a two-year high of over 10 billion BTC in bitcoin terms. “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.

Set 16, 2021

El Salvador is on a bitcoin buying spree, having purchased 550 BTC as the Central American country’s bitcoin law went into effect Tuesday, officially adopting bitcoin as legal tender. “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.

Set 10, 2021

A new bitcoin four-hour price chart reveals the relative strength index (RSI) is oversold, which typically precedes a price bounce. However, the RSI is neutral on the daily and weekly chart, suggesting a period of consolidation between $42,000 support and $50,000 resistance could persist.

Set 9, 2021