Based on a chart given by Eric Balchunas, Bloomberg’s senior ETF expert, the BlackRock iShares Bitcoin ETF (IBIT) has experienced 64 straight days of investors adding funds to it. Fidelity’s record of bringing in new investments came to a halt after 63 consecutive days on Friday, with no inflows recorded. IBIT, on the other hand, … Read more
In Germany, Austria, and Switzerland (DACH region), there’s a cautious revival among cryptocurrency investors following the volatile market of 2023. This resurgence is characterized by increased caution and careful consideration. A survey conducted by KPMG with around 2,400 private cryptocurrency investors revealed that the market is bouncing back, but with a more defined course this … Read more
The price of Ondo Finance’s token ONDO has experienced a significant surge, rising by more than 90% in the last month. Amidst the crypto market downturn, ONDO is one of the rare coins that have bucked the trend and shown exceptional gains. With Bitcoin‘s halving scheduled for April 20, investors are actively seeking alternatives to … Read more
Recently, there’s been a notable increase in large investments into Cardano (ADA), as indicated by the inflow of funds into the wallets of major investors, or “whales.” This trend signifies an important milestone for Cardano as it aims to keep its place among the top 10 cryptocurrencies based on market capitalization. Based on IntoTheBlock’s figures, … Read more
A new week has started bullish for the cryptocurrency market, according to CoinMarketCap. BNB/USD The rate of Binance Coin (BNB) has increased by 4% over the last 24 hours. Today, the cost of BNB has increased, but it continues to trade in a horizontal pattern, preparing for another price shift. The trading volume is minimal, … Read more
Over the last 24 hours, the rate at which Shiba Inu tokens are being destroyed, or “burned,” has surged over 64,000% according to Shibburn data. This means that approximately 657 million SHIB tokens have been eliminated from circulation during this period. Consequently, the current total number of SHIB tokens that have been burned now stands … Read more
Discussions have ignited in the cryptocurrency world following the SFC’s approval of Bitcoin and Ethereum spot ETFs in Hong Kong, with market participants pondering over possible price increases and their resulting effects on total market value. Historical Precedence Supports Woo’s Projection In a recent post on X, Willy Woo, a co-founder of CMCC Crest and … Read more
After several days of steep declines, the value of Solana memecoins is rebounding alongside other cryptocurrencies. Over the weekend, investor confidence took a hit due to pessimistic economic news. Nevertheless, crypto assets and memecoins have experienced growth during this week. Solana’s memcoin prices have jumped 28% recently due to increased crypto investments, causing heightened on-chain … Read more
The upcoming Bitcoin halving is causing excitement in the cryptocurrency world, drawing attention to meme coins such as Shiba Inu (SHIB), Dogewifhat (WIF), Pepe (PEPE), Slerf (SLERF), and The Doge NFT (DOG). Investors seeking substantial profits and even a potential 100X return by 2024 find these meme coins attractive due to their promised high returns. … Read more
Pendle, a decentralized finance protocol, proved its strength during the recent market downturn as its coin price bounced back from a support level of $4.9. This rebound resulted in a 42% increase in just three days and lifted the asset value to $6.97. Furthermore, with Bitcoin Halving approaching soon, there is anticipation that the wider … Read more