Bitcoin ETFs mark first positive inflow in 2 weeks though BlackRock sees 3rd outflow
Bitcoin ETFs mark first positive inflow in 2 weeks though BlackRock sees 3rd outflowMixed results for Bitcoin ETFs: BlackRock and Grayscale post losses amid $28.6 million inflow.
Happy Tuesday!The global crypto market cap is $2.01 trillion, with a 24-hour volume of $67.92 billion. The price of Bitcoin is $57,035.72, and BTC market dominance is 56.0%. The price of Ethereum is $2,345.71, and ETH market dominance is 14.0%. The best-performing sector is Transportation, which gained 15%. The Crypto Fear & Greed Index is currently Extreme Fear (33). 📰 Top News
Bitcoin ETFs mark first positive inflow in 2 weeks though BlackRock sees 3rd outflowMixed results for Bitcoin ETFs: BlackRock and Grayscale post losses amid $28.6 million inflow. 👀 Metric of The Day
Over 3 million BTC are currently held on exchanges. Coinbase market share dips as smaller exchanges gain ground – KaikoDespite the decline, the top three US crypto exchanges by volume now control nearly 90% of the market. DePIN tokens down 30% over 6 months despite reaching $20 billion market cap — MV GlobalThe negative performance was still better than 16 out of 20 different sectors of the crypto market, according to Artemis data. Bitwise CIO highlights rapid adoption of Bitcoin ETFs by advisorsNearly $1.5 billion in advisor-driven inflows make BlackRock’s Bitcoin ETF one of the fastest-growing funds in 2024.
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Bitcoin’s historical performance: September dips and year-end ralliesCryptoSlate's latest market report dives deep into Bitcoin's historical monthly and quarterly returns, focusing on the period between 2013 and 2024 to assess the likelihood of a similar pattern unfolding in 2024.
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Sahm Rule indicates US recession remains likely but crypto may be set for bullish reversal
Monday, September 9, 2024
ETC Group analysis indicates crypto could be set for a strong end to the year despite pending recession. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Low exchange stablecoin ratio hints at strong Bitcoin demand
Sunday, September 8, 2024
A sharp decline in the stablecoin ratio suggests traders are accumulating Bitcoin, with the balance hitting its lowest point this year. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Bitcoin falls below $54k as market sees volatility following jobs data
Saturday, September 7, 2024
Bitcoin fell below $54000 as uncertainty over potential rate cuts led to heightened market turbulence. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Russia mined over $3 billion in Bitcoin last year, boosting tax revenue amid sanctions
Friday, September 6, 2024
Chainalysis warned that Russia could leverage local exchanges like Garantex for tax evasion efforts. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Ripple seeks stay on $125 million SEC payout, signals potential appeal
Thursday, September 5, 2024
The legal teams stated that the agreement protect interest of both parties. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
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SEC Commissioner predicts early improvements for crypto ETFs under new leadership
Saturday, December 21, 2024
Changes such as staking for Ethereum ETFs and in-kind redemptions for Bitcoin products will likely to happen early on, says Hester Peirce. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Weekly Project Updates: Sonic Mainnet Officially Launched, Opensea Hints at Token Launch, NFT Trading Volume Shows…
Saturday, December 21, 2024
Avery Ching, Co-Founder and Chief Technology Officer of Aptos, will assume the role of Chief Executive Officer to lead the company into its next phase. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Bitcoin pullback mirrors 2020 reversal 250 days post-halving, it then rose 140%
Friday, December 20, 2024
Repeating history? Bitcoin's cyclical journey suggests potential rise to $225000. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
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Friday, December 20, 2024
The Federal Reserve announced its rate decision, setting the upper limit at 4.50%, in line with expectations and lower than the previous rate of 4.75%. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
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Thursday, December 19, 2024
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Thursday, December 19, 2024
The $PENGU airdrop is only half claimed, but nearly a million wallets have participated in the drop already. 72% of those have sold or moved their ent A It's the talk of the town — most of the
Bitcoin falls to $100,000 following hawkish FOMC despite 25bp rate cut
Thursday, December 19, 2024
The profit-taking activity by long-term holders was met by new entrants' demand, reflecting a wealth shift movement. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
The story of BWEnews: China’s most Famous Cryptocurrency News Trader
Thursday, December 19, 2024
This provocative introduction comes from Vida, who claims to be the richest Gen Zer on Zhihu, with at least $7 million in available cash (approximately ¥51 million). ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏