Ethereum funds see record net inflows of $2.2B in 2024
Investor sentiment has recently shifted away from Bitcoin and toward Ethereum, based on fund flow data from CoinShares. Go to Source
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Investor sentiment has recently shifted away from Bitcoin and toward Ethereum, based on fund flow data from CoinShares. Go to Source
Bitcoin’s on-chain activity is experiencing a significant uptick, marking the first sustained growth of this scale since 2021. Daily active addresses are nearing 1 million, highlighting renewed interest in the cryptocurrency. https://twitter.com/intotheblock/status/1861338230676721786?t=Ut54ItPXiZ7fGUf1Wsdpzw&s=19 One factor contributing to Bitcoin’s recent retracement is elevated funding rates, which signaled excessive leverage in the market. However, these rates have now … Read more
After the 2024 US election, Bitwise and other asset managers seem to have been testing the regulatory waters for previously unapproved spot cryptocurrency ETFs. Go to Source
Bitcoin unexpectedly fell under $92,000 on Nov. 25. Do bulls still have a chance to rally to $100,000? Go to Source
The Bitcoin network has seen an impressive surge in its Total Value Locked (TVL), surpassing $4.3 billion with 44,369 BTC currently staked. This growth follows Babylon’s groundbreaking introduction of native Bitcoin staking, which has revolutionized how users participate in Bitcoin’s ecosystem. Babylon Labs is at the forefront of this shift, with nearly 24,000 BTC staked … Read more
Bitcoin is edging closer to a $100,000 price tag, reaching a new all-time high of $99,000, with the six-figure mark now within striking distance. This surge has sparked a wave of excitement across social media, with platforms like X, Reddit, Telegram, 4Chan, and BitcoinTalk buzzing with discussions about Bitcoin potentially hitting $100K. https://twitter.com/santimentfeed/status/1859692427667439964?t=n7GwRbGl6qAv92OheHUemw&s=19 While the … Read more
Ethereum’s open interest has reached a new all-time high, surpassing $13 billion—a remarkable 40% growth over the past four months. This milestone highlights Ethereum’s increasing market activity and growing investor interest. Adding to the market intrigue is the reactivation of a long-dormant whale account. This whale, who initially acquired 398,889 ETH between January 18 and … Read more
Bitcoin continues its march toward the elusive $100,000 milestone, hitting an all-time high of $99,850. As it nears this psychological barrier, limit sell orders are being triggered, and many in the market believe it’s only a matter of time before Bitcoin crosses the six-figure threshold. However, long-term Bitcoin holders appear to be taking a cautious … Read more
Global asset manager Wisdomtree has filed for an XRP ETF in Delaware, marking a potential breakthrough amid regulatory shifts. Regulatory Shifts Loom as XRP ETF Eyes Breakthrough Moment Global investment management firm Wisdomtree, renowned for its extensive range of exchange-traded funds (ETFs), has filed with the state of Delaware to establish an XRP ETF. Fox … Read more
This state-level filing is seen as a preliminary step toward SEC approval. Go to Source