Bitcoin has shown notable growth in 2024, up 47% so far this year. Despite reaching an all-time high in March, the cryptocurrency has experienced volatility, raising questions about its future performance. However, three key factors – the delayed impact of the April halving, sustained investor inflows into Bitcoin spot ETFs, and growing political support –…
US stock futures face a downward trajectory, signaling a challenging start to 2024 after a successful year that nearly took the S&P 500 to a new record. S&P 500 futures (^GSPC) saw a 0.6% drop, accompanied by a 0.5% drop, equivalent to approximately 180 points, for Dow Jones Industrial Average (^DJI) futures. Additionally, contracts associated…
Bitcoin has had a dynamic 2024. The year started with promising gains, only to go into a slow phase from March to September. However, Bitcoin has recently undergone an impressive recovery, rising almost 80% in the last three months to reach new peaks. One of the main drivers of this resurgence is the anticipated pro-crypto…
Bitcoin made headlines in 2024 by surpassing the $100,000 barrier, a moment celebrated by investors around the world. However, as the year ends, many are wondering: Will Bitcoin continue to rise or are we on the brink of a correction? While no one can say for sure, a combination of past trends and new market…
The first year of trading in spot Bitcoin exchange-traded funds (ETFs) has been a game-changer for cryptocurrency investments, attracting significant interest and capital. Since their launch on January 11, 2024, these financial products have recorded net inflows of $36.2 billion, marking a major milestone for the digital asset space. However, the year also exposed a…
