Bloomberg ETF expert Eric Balchunas said the $625 million in trading activity, excluding Grayscale’s ETHE, was “healthy,” and he expects a “sizeable chunk” of that amount to be converted into inflows. On their first trading day, spot Ether exchange-traded funds with a U.S. listing generated a combined trading volume of over $1.08 billion, which was […]
Spot Ether ETF Hits $1 Billion In Trading Volume On Its First Day Read More »
Bryan Courchesne discusses Bitcoin as a viable US reserve asset on CNBC, emphasizing the DOJ’s 200,000 BTC holdings and political moves in favor of cryptocurrency. Bryan Courchesne, an asset manager, recently appeared on CNBC’s ‘Fast Money’ to discuss the intriguing idea of Bitcoin being the US government’s reserve asset. Courchesne, the founder and CEO of
Trump’s Pro-Crypto Approach Encourages Conversation On Bitcoin As A US Reserve Asset Read More »
Prominent cryptocurrency exchange Bitrue highlighted XRP’s outstanding performance last week, raising whether the asset can continue its upward momentum. Bitrue recently pointed out the dominance of XRP in the cryptocurrency market in an interesting post on X last week, providing interesting updates about the fourth-largest Altcoins. Three Fantastic XRP Updates According to exchange reports, the
Bitrue Teases An Explosive XRP Rally Coming Soon Read More »
Mt. Gox dramatically reduced its Bitcoin reserves after transferring more than 47,500 BTC to unknown addresses. This is a notable event. On July 23 at 5:05 and 6:27 a.m. UTC, Mt. Gox started transferring bitcoins once again. Bitcoins worth approximately $3.2 billion were transferred to two unknown addresses. Data from Arkham Intelligence shows that Mt.
Mt. Gox Seen $3.2 Billion Worth Of BTC Outflows In Less Than Two Hours Read More »
According to a survey conducted by Finder, 13 financial experts believe the price of Shiba Inu (SHIB) could soon surge by 400%. Shiba Inu’s market movements have been unfavorable for the past several days, causing its value to drop significantly. Shiba Inu experiences a significant decline Concurring to statistics from CoinMarketCap, the driving Memecoin is
Financial Analysts Predict 400% Growth In Shiba Inu Read More »
Solana meme coin POPCAT has attracted a lot of attention from mainstream traders after its astonishing price surge of 117% in the last two weeks. The incredible achievement of the Solana-based meme coin was recently featured on the market intelligence site Santiment on X. The update noted POPCAT has more than doubled in value since
POPCAT Surges 360% During Mainstream Attention: Is A Major Correction Coming? Read More »
Six months after introducing the Bitcoin ETF, the SEC has given the green light for the Ethereum ETF to trade on exchanges. Ethereum ETFs can now trade in the US after receiving formal approval. The Securities and Exchange Commission (SEC) has allowed the first-ever Ethereum exchange-traded fund (ETF), following in the footsteps of Bitcoin. The
US Ethereum ETF (finally) Gets Approval To Launch Today Read More »
Bitcoin (BTC), the world’s biggest cryptocurrency, has recently witnessed a slump, with the price approaching $66,736. This decline comes after a period of substantial bullish activity, which had earlier boosted BTC’s price above this level. As the price of the cryptocurrency approaches this vital level, the key question is whether the bulls can regain power
Bitcoin Price Retraces $66,736: Could A Bullish Correction Be Underway? Read More »
After a successful 2022 launch of the company’s Bitcoin Futures ETF, CSOP is looking to capitalize on future drops in the price of BTC with its new inverse Bitcoin ETF. On July 23, Hong Kong will see the debut of Asia’s first Bitcoin futures inverse product, the CSOP Bitcoin Future Daily (-1x) Inverse Product (7376.HK).
Hong Kong Will See the Launch of Asia’s First Inverse Bitcoin ETF by CSOP Read More »
XRP bulls are currently seeking to break through a key trendline barrier on the weekly chart. This resistance level is significant because it marks the peak of a symmetrical triangle formation. According to Captain Faibik, a successful breakout could cause a significant boost in prices. He underlined that if XRP breaks out of the current
Bulls In XRP Aim for $2.40 As Weekly Chart Shows Critical Breakout Potential Read More »
