Recent trading activity of Bitcoin ETFs indicates a slowdown in outflows from Grayscale’s Bitcoin Trust (GBTC). This change comes as investor concerns regarding Grayscale’s Spot ETF appear to be easing. The entire ETF sector continues to experience significant trading volumes and rapid growth in assets under management, pointing to a positive trend in the market.
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Ethereum has been on a notable upswing recently, surpassing key resistance levels and breaking through the significant psychological barrier of $3,000. This surge indicates a prevailing bullish sentiment in the market, with investors setting their sights on the crucial yearly swing high of $3,600 as the next target. Taking a closer look at the daily
The recent -5.3% price drop in the Helium network has raised concerns among investors. Despite impressive growth in the past three months, with HNT price climbing +227%, the current market price of $8.18 represents a 24-hour change of -2.34%. The retreat from a local high at $11.05 on February 15th has led to a -25%
The recent surge in FOMO coin’s price, with an impressive +80,114% increase, has attracted a lot of attention. However, this kind of dramatic price action is often characteristic of meme coins, which are known for their pump-and-dump cycles. The initial hype and fear of missing out lead to a surge in price, followed by a
Following the suspension of its website and trading application on Feb 23, Hong Kong-based crypto exchange BitForex has left users in the dark. With over $2 billion in trading volume as recently as Feb 24, the sudden disappearance of the exchange has raised eyebrows. Data analysis suggests that BitForex may have inflated its volumes by
The price of Ethereum (ETH) has skyrocketed to over $3,100, marking a significant increase in value. This surge comes at a time when other major cryptocurrencies, including Bitcoin (BTC), Solana (SOL), and Cardano (ADA), have either remained stable or experienced minor losses in the past 24 hours. One of the main reasons behind ETH’s rally
Bitcoin’s price surge from under $20,000 to over $50,000 since June 2023 has been attributed to the anticipation and approval of spot Bitcoin ETFs in the United States. While institutional investors have shown great interest in Bitcoin, retail traders have not fully joined the market. The question now arises whether the arrival of retail investors
The price of Ethereum has been on an upward trajectory since the beginning of 2024, showing a significant increase of over 30% in less than two months. Recent on-chain data indicates that ETH investors are feeling more confident in the market, suggesting that the rally in Ethereum’s price may continue. An analyst on CryptoQuant’s Quicktake
In the vast world of cryptocurrencies, a new player has emerged on the scene that is catching the attention of investors and enthusiasts alike. Mollars (MOLLARS), a new token currently in presale on the Ethereum Blockchain, is positioning itself to become a prominent store-of-value (SoV) token within the cryptocurrency market. With a limited maximum supply
In the world of cryptocurrency, predictions and speculations about the price of Bitcoin are common occurrences. One such prediction comes from the crypto financial services platform Matrixport, which has set a bullish target of $63,000 for Bitcoin. This prediction is based on various factors that are expected to drive the price of BTC to new