In a recent report by Farside Investors, it was highlighted that on Monday, May 13, Hong Kong’s spot Bitcoin and Ethereum ETFs experienced a significant outflow of $39.3 million. This outflow marks the highest amount since the products were first introduced on the Hong Kong Stock Exchange on May 2. The outflow was mainly from
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Following a system-wide outage that impacted Coinbase’s website, mobile app, and API for over three hours, the crypto trading platform claimed to have resumed operations. However, many customers took to social media to express their frustration as they were still unable to withdraw their funds. This discrepancy between Coinbase’s announcement and user experience raises questions
With cryptocurrency markets on the rebound and important US economic data releases on the horizon, meme coins are taking center stage as potential investment opportunities. Bitcoin may be trading in the upper $62,000s, but meme coins like Dogecoin, Shiba Inu, and Pepe are capturing the attention of traders looking for the next big thing in
In the face of uncertainty within the cryptocurrency market, Crypto Jelle has provided a positive perspective on the future of Bitcoin. Despite recent price consolidation, Jelle believes that Bitcoin’s bull run is far from over, with the potential for the cryptocurrency to rally further in the coming months. Following the fourth Bitcoin Halving event, expectations
After gaining fame for his involvement in the GameStop short squeeze of 2021, Roaring Kitty, also known as the legendary leader of the Wall Street Bets campaign for GameStop (GME), has made a comeback. His return has not only reignited the excitement in the market but also caused a surge in GME’s stock price. Market
Bitcoin’s price has been experiencing a period of stagnation after dropping from the $75K level. Many view this as a bearish reversal, but upon closer inspection, the momentum appears to be shifting. The BTC price has been moving within a descending channel pattern, forming lower highs and lows. However, the $60K support zone has managed
Crypto analyst Ali Martinez recently discussed the potential future of Bitcoin, pinpointing the importance of the flagship cryptocurrency reaching $76,000. According to Martinez, if Bitcoin fails to reclaim $64,290 as support, there is a risk of a significant drop in price, possibly revisiting levels last seen at the beginning of the year. The analysis is
Bitcoin, the leading cryptocurrency, has been experiencing a downward trend since hitting its all-time high back in March. This decline has triggered a shift in market sentiment among crypto traders, with the once popular buy-the-dip strategy losing its appeal. As observed by the crypto analytics platform Santiment, the excitement around purchasing ‘cheap’ Bitcoin seems to
As the U.S. presidential election approaches, cryptocurrency is starting to emerge as a significant topic of discussion among voters. A recent survey conducted by Digital Currency Group (DCG) revealed that approximately one in five voters considers crypto to be a major issue in the upcoming 2024 election. Moreover, 40% of voters expressed a desire for
Ethereum (ETH) has experienced a tumultuous week, with a 6.45% decline adding to its recent struggles. Over the past few months, Ether has disappointed investors with a 16.57% drop in price, leaving many wanting more. The recent sell-off by a crypto whale, who disposed of all 6,714 ETH tokens at a loss despite appearing to