Bitcoin Will Reach ATH In Next 24 Months, Coinshares CSO Predicts
Bitcoin (BTC) may have seen the worst of this bear market, with the main cryptocurrency plummeting about 70 percent from its all-time high in November 2021. However, industry experts remain hopeful and see a price recovery for the cryptocurrency market in the near future. Bitcoin could see more red on the charts, but Coinshares chief […]
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Deutsche Boerse Xetra is listing CoinShares physical Bitcoin, Ether and Litecoin ETPs. European digital asset manager CoinShares is expanding the reach of its physically backed exchange-traded product (ETP) portfolio with a new listing in Germany.According to an announcement on Monday, CoinShares Physical Bitcoin (BTC), Ether (ETH) and Litecoin (LTC) ETPs have cross-listed on major German exchange Deutsche Boerse Xetra.The digital asset manager started the year by launching a Bitcoin ETP named CoinShares Physical Bitcoin (BITC) in January. Listed on Switzerland’s SIX Swiss Exchange, each....
CoinShares FTX Physical Staked Solana will be listed on Germany’s major digital market Xetra and is the fourth ETP rolled out by CoinShares this year. CoinShares, one of the largest crypto investment firms in Europe, and FTX crypto exchange have united forces to launch a new physically-backed Solana (SOL) exchange-traded product (ETP).The new product, titled CoinShares FTX Physical Staked Solana, is launching with 1 million SOL in seed capital, allowing investors to get 3% in staking rewards, CoinShares officially announced on Wednesday. The new cryptocurrency ETP is the first initiative....
Demirors however said she certainly expects “more pain ahead” for tech stocks and crypto as we head closer to recession. Bitcoin (BTC) may have further to fall, but Coinshares chief strategy officer Meltem Demirors believes the top cryptocurrency will reach new all-time highs within the next 24 months.Speaking on CNBC’s Squawk Box on July 11, Demirors noted that Bitcoin has always been a “cyclical asset” with drawdowns from peak to trough at 80 to 90% historically. With Bitcoin currently sitting at about 65% down from its all-time highs in November 2021, Demirors believes “there is still....
After a harsh correction period, the mysterious analyst known as PlanB predicts Bitcoin will reach unexplored heights. That’s what his famous and often quoted Stock-To-Flow or S2F model predicts, and so far everything seems to be going according to plan. PlanB, that is. The analyst behind the pseudonym refers to “the point of no return,” […]
In the latest weekly report “Digital Asset Fund Flows” from CoinShares, Bitcoin and Solana are emerging as leaders in institutional inflows, indicating sustained interest from sophisticated investors in the cryptocurrency market. James Butterfill, head of research at CoinShares, elaborated on the trend: “Digital asset investment products saw inflows totaling $176 million last week, marking an […]