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
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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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Galaxy's CEO also warned that the market is currently heavy with leverage, with a correction until $80000 being possible after the $100000 is surpassed. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
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WuBlockchain Weekly: Bitcoin Surges Past $99,000, MEME Mania Sweeps the Crypto Market, SEC Chairman to Resign, Yao…
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