Only Bitwise Bitcoin ETF recorded net inflows for the trading day ending May 8, 2024. According to data from SoSo Value, the ETF had a net inflow of about $12 million into its portfolio. Notably, Grayscale’s Bitcoin Trust defied...
XRP has plummeted to a three-year low against Bitcoin, sparking speculation among investors about a potential turnaround and buying opportunity. According to TradingView data, the XRP/BTC pair is currently trading at $0.52 compared to Bitcoin's $62,175, marking levels last...
Will Clemente, co-founder of Reflexivity Research, has predicted that Bitcoin's price may be preparing for an upward trajectory. In a social media post published on May 7, Clemente suggested that Bitcoin is currently in a consolidation phase before potentially...
Ethereum's (ETH) price has been trailing behind Bitcoin's gains in 2024, but analysts from Glassnode suggest that brighter days could be on the horizon for the popular cryptocurrency. According to data from TradingView, Ethereum has been underperforming compared to...
BlackRock’s iShares Bitcoin Trust experienced its first-ever outflow day during the trading ending May 1, 2024. According to data from Farside Investors, the spot Bitcoin ETF ended the day with a significant $36.9 million flowing out of its coffers. ...
It appears that the assumed connection between the price of Bitcoin ($BTC) and Bitcoin ETF flows has weakened. Bitcoin is currently trading above the $64,000 price level, a 0.5% increase from its level at the same time the previous...
Bitcoin's price has remained stable and has maintained pressure on key resistance levels following the recent movement following the halving event. As of press time, the token is currently hovering around the $66,000 mark. As highlighted by data from...
While the broader cryptocurrency community remained fixated on Bitcoin and the ongoing clamour for ETFs, one token quietly surged to new all-time highs, largely evading widespread attention amid what many consider a bear market. This token is INJ, the...
Memecoins have been a constant presence in the crypto world since the inception of Bitcoin. However, their primary function often appears to be enabling investors to capitalize on prevailing trends. Consequently, the continuous, daily, creation of thousands of memecoins...
A lot has been going on at Binance in the last two weeks. The exchange pleaded guilty to multiple federal charges, including anti-money laundering, unlicensed money transmission, and sanctions violations; consequently reaching a settlement deal with the Department of...
