BlackRock Bitcoin ETF inflows surpass ‘magnificent 7’ stocks as trader eyes $88K
Bitcoin price could reach above the $88,000 mark by September, driven by continued Bitcoin ETF inflows. Go to Source
Month: July 2024
Spot Ethereum ETFs seen with over $1B in trading volume on debut
Bloomberg ETF analyst Eric Balchunas said the $625 million in trading volume excluding Grayscale’s ETHE was “healthy” and expects a “sizeable chunk” of that sum will convert to inflows. Go to Source
Altcoin Resurgence Expected if Ether ETFs Drive Sharp Uptick in ETH, Says Two Prime’s Blume
A managing partner at SEC-regulated Registered Investment Advisor Two Prime has discussed the potential impact of spot ether exchange-traded fund (ETF) launches on the cryptocurrency market. He explained that early demand could be greater than when spot bitcoin ETFs launched and suggested that a sharp uptick in ethereum price from the ether ETFs could lead … Read more
Crypto Super PAC spends $1.7M on media buys as Arizona primary looms
Protect Progress used roughly $415,000 to fund a media buy for former Aspiration CEO Andrei Cherny, a Democrat running for Congress in Arizona’s 1st District. Go to Source
Riot subsidiary Whinstone US sues former JV partner over revenue flow
The partners at the Texas facility had troubled relations almost from their start in 2020. Go to Source
Senator Cynthia Lummis releases report attacking Biden’s mining tax
The pro-crypto senator claimed that Bitcoin mining consumes as much energy as household appliances such as tumble dryers. Go to Source
Asian Markets Cashed out During Recent Gold Rally
Buyers in Asian markets were reluctant to continue purchasing gold as it reached a new record high last week, opting to cash out and wait for deeper discounts. In India, sellers were offering discounts on gold bullion of over $65 per ounce, with local dealers preparing for regulatory changes, while in China, discounted prices reached … Read more
Stonex Bullion’s Analyst Predicts Gold Increase Due to Heightened Political Confusion
Gold prices are poised to rise due to the current political uncertainty in the United States, according to Rhona O’Connell, head of market analysis at Stonex Bullion. This comes as economic indicators suggest potential changes in monetary policy. Stonex Analyst Rhona O’Connell: Gold Poised for Gains Amid U.S. Political and Economic Changes In recent weeks, … Read more
Kamala Harris could be ‘far more open’ to crypto business, Mark Cuban says
Kamala Harris’ campaign team is reportedly seeking inputs on crypto policy ahead of the Democratic National Convention. Go to Source
BlockDAG Spearheads Cryptocurrency Investment Boom: Surpassing PEPE and Tron
BlockDAG Emerges as a Top Long-Term Crypto Investment with PEPE Unchained and Tron as Presale Approaches $60.4M in Q3 2024 BlockDAG, PEPE Unchained, and Tron (TRX) are drawing attention in the crypto market with their distinctive offerings and advancements. BlockDAG stands out as the leading contender with a staggering 1400% increase in its presale value … Read more