Analyst predicts low inflows for Hong Kong’s newly approved Bitcoin, Ethereum ETFs
Analyst predicts low inflows for Hong Kong’s newly approved Bitcoin, Ethereum ETFsBitcoin and Ethereum ETFs in Hong Kong may struggle due to limited market and high fees - Balchunas
Happy Tuesday!The global crypto market cap is $2.25 trillion, with a 24-hour volume of $113.32 billion. The price of Bitcoin is $61,914.69, and BTC market dominance is 54.2%. The price of Ethereum is $3,017.71, and ETH market dominance is 16.1%. The best-performing sector is Fan, which gained 8%. The Crypto Fear & Greed Index is currently Greed (65). Top News
Analyst predicts low inflows for Hong Kong’s newly approved Bitcoin, Ethereum ETFsBitcoin and Ethereum ETFs in Hong Kong may struggle due to limited market and high fees - Balchunas Bitcoin’s weekend dip shakes out short-term holdersShort-term holders reacted swiftly to Bitcoin's weekend price drop, selling at a loss, while long-term holders remained undeterred. Global ETP investors shift $126 million away from major cryptocurrencies, favor altcoins like PolkadotBitcoin was responsible for 87% of the total digital asset investment outflows last week. Ethereum falls to lowest level against Bitcoin in 3 years amid panic sellingETH-BTC records lowest level since 2021 as Ethereum struggles against Bitcoin amid market dip. Latest Insights
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Hong Kong approves Bitcoin and Ethereum ETFs as US lingers on ETH approval
Monday, April 15, 2024
The reported ETF approvals further propel Hong Kong into crypto leadership in Asia. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
From DEXs to NFTs: Charting Solana’s trailblazing year in DeFi
Sunday, April 14, 2024
CryptoSlate's latest report dives deep into the Solana ecosystem to compile a wide spectrum of Solana metrics into a single, authoritative document. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Bitcoin’s crash to $64k causes meltdown for alts
Saturday, April 13, 2024
The decline mirrored a broader selloff across asset classes amid heightened global economic uncertainties and geopolitical risks. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
BlackRock closing the gap with Grayscale with just 50,100 BTC difference
Saturday, April 13, 2024
Bitcoin held by US ETFs reaches 838729 BTC as institutional interest grows. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Solana drama continues as leading DeFi founder quits amid $150 million outflows
Saturday, April 13, 2024
Controversy erupts between DeFi lending platforms MarginFi, SolBlaze, and Solend ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
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According to Coindesk, citing local news outlet Dawn, Pakistan is planning to establish a National Crypto Committee to formulate cryptocurrency policies. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
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StanChart warns of further downside for Bitcoin over the weekend akin to August 2024
Saturday, March 1, 2025
Standard Chartered sees parallels to past Bitcoin sell-offs amid volatile weekend projections. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
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Bitcoin pullback could be set up for $370k bull run price target
Friday, February 28, 2025
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