The recent fluctuations in the Coinbase premium have caught the attention of analysts and investors alike, sparking discussions about institutional interest in Bitcoin. This article will delve into the significance of the Coinbase premium, recent trends, and the potential impact on the cryptocurrency market. The Coinbase premium serves as a crucial metric for gauging institutional
Bitcoin
The recent positive inflows towards the largest spot Bitcoin ETFs in the US have not been enough to stabilize the price of the underlying asset. Despite initial gains, the price retraced significantly in the past day, dipping below $65,000 at one point. However, it has managed to bounce back and is currently hovering around $67,000.
Recently, a report from CoinShares revealed an interesting trend in the cryptocurrency market. Ethereum (ETH) witnessed a surge in inflows, outpacing Solana (SOL) for the year 2024. This surge came in anticipation of the launch of exchange-traded funds (ETFs) that would allow regulated investment in Ethereum in the US, the second-largest cryptocurrency by market capitalization.
Cryptocurrency has been a hot topic in the investment world, with Bitcoin being at the forefront of this digital currency revolution. As the value of Bitcoin continues to fluctuate, investors are looking for new ways to profit from its price movements. In a groundbreaking move, Hong Kong will be launching Asia’s first Bitcoin futures inverse
Crypto analyst RLinda recently made a compelling case for Bitcoin, suggesting that the leading cryptocurrency could soon reach a new all-time high of $90,000. In her analysis, RLinda highlighted both fundamental and technical factors that point towards further price growth for Bitcoin. On the fundamental side, she pointed out that the market is eagerly anticipating
The investment in digital asset products has been on the rise, with inflows reaching $1.35 billion last week alone. This surge has contributed to a total of $3.2 billion in inflows over the past three weeks, indicating a growing interest in the digital asset market. Shift in Investor Sentiment The latest edition of CoinShares’ Digital
The crypto market is once again experiencing positive momentum, with both Bitcoin and altcoins seeing significant price increases. Crypto analyst Capo of Crypto has recently shared his optimism, suggesting that there are still more substantial moves to the upside for these digital assets. In a post on X, Capo expressed his belief that the “best
10x Research recently made a bold statement regarding the potential impact of President Joe Biden’s withdrawal from the 2024 presidential race. According to the firm, this move would pave the way for former President Donald Trump to secure a “decisive victory” in the November election. They go on to assert that no credible candidate stands
The CEO and founder of DAIM, Brian Korshain, recently expressed strong optimism regarding the potential impact of former President Donald Trump’s support for Bitcoin. Korshain discussed Trump’s rumored plan to make Bitcoin a strategic reserve asset for the US government, stating that while it is “possible,” it could be “very difficult to get it done.”
In the last decade, Ethereum has shown remarkable growth and development within the blockchain industry. It has come a long way from its humble beginnings with its initial coin offering (ICO) back in 2014 to becoming the second-largest cryptocurrency by market cap. Ethereum has continuously adapted and upgraded its technology, transitioning to Proof-of-Stake (PoS) and