Crypto news aggregater

BlockDAG Nets $4M in 24 Hours—BNB Experiences Downturn as Shiba Inu Rallies!

The crypto market is experiencing notable fluctuations, with BNB grappling with a potential 12% decl...

ine amid increasing bearish trends. Meanwhile, Shiba Inu’s price forecasts suggest a potential surge, with analysts pointing toward a significant ascent needed to echo its peak in 2021. Both BNB and SHIB encounter their respective challenges; BNB faces resistance that could […]

13時間前

BlockDAG Raises $4M Overnight as a Result of the Giveaway Push—Litecoin Climbs While Bitcoin Faces Volatility

Bitcoiners are grappling with uncertainty as price fluctuations stir concerns about the coin’s short...

-term stability. Meanwhile, Litecoin has emerged as a bright spot, surging over 15% and signaling resilience despite broader market hesitation. BlockDAG has entered the spotlight in the presale market, capturing attention with its eye-catching $1 million giveaway. This bold move has fueled […]

13時間前

Will Argentina Take the Leap to Make Bitcoin Legal Tender Like El Salvador? Experts Weigh In

As Argentina grapples with economic turmoil, speculation is growing about whether the country will f...

ollow El Salvador's bold move to adopt Bitcoin as legal tender. 

13時間前

Ripple’s XRP Price Approaches Crazy Explosion Point as Whales Unlock Mysterious Accumulation Pattern

In an analysis, analyst Javon Marks recently suggested that XRP has broken out of a nearly seven-yea...

r pennant pattern, emphasizing that the coin's value could climb astronomically if it maintains this upward momentum.

17時間前

Industry Responds To Billionaire Mark Cuban Calling Dogecoin, Shiba Inu, Meme Coins ‘Rug Pulls In The Works’

Billionaire investor and tech entrepreneur Mark Cuban has sparked ire from the meme coin community w...

ith his recent remark, labeling all meme coins as potential exit scams with no real-world utility.

17時間前

US Spot Bitcoin ETFs Open Q4 2024 With $300 Million Weekly Outflows – Details

Spot Bitcoin ETFs launched the fourth quarter of 2024 on a turbulent note ending the week with a net...

negative outflow of over $300 million. This development occurred in tandem with Bitcoin’s bearish start to October in which it declined over 6% in the first five days of the month. Related Reading: US Spot Bitcoin ETFs Become Second-Largest Holder Of BTC Behind Satoshi Spot Bitcoin ETFs Negative Outflows End Three-Week Positive Streak According to data from market tracking platform SoSoValue, the US-based spot Bitcoin ETFs registered a cumulative net outflow of $301.54 million in the first week of Q4 2024, ending a three-week run of positive returns. Following a net inflow of $61.30 million on September 30, these investment funds quickly transitioned into a bearish state as Bitcoin’s value fell sharply amid rising geopolitical tensions in the Middle East. This led to three consecutive days of cumulative negative outflows totaling $388.42 million. On Friday, October 4, the spot BTC ETFs returned to a positive trajectory recording gains of $25.59 million but proved largely insufficient in overturning the earlier deficit.  However, despite this negative weekly performance, the spot Bitcoin ETFs are still primed to attract massive levels of investments in this quarter in line with the lofty price expectations for Bitcoin. Notably, these investment funds have produced a speculative performance following their launch in January. According to data shared by analyst Quinten Francois, the spot BTC ETFs occupy the top four positions of successful ETF launches in 2024.  With a Bitcoin bull run on the horizon, these exchange-traded products are certain to receive more interest from institutional investors in the coming weeks.   Currently, the spot BTC ETFs boast a cumulative total net inflow of $18.50 billion with total net assets valued at $57.73 billion thus representing 4.68% of the Bitcoin circulating supply. BlackRock’s IBIT maintains market dominance with total investments of $22.91 billion while Grayscale’s GBTC and Fidelity’s FBTC account for significant market holdings with net assets of $13.75 billion and $11.09 billion, respectively. Related Reading: Ethereum ICO Participant Offloads 6,000 ETH As Bearish Sentiment Intensifies Spot Ethereum ETFs Resume Weekly Negative Flows Alongside the Spot Bitcoin ETFs, the US spot Ethereum ETFs also registered net weekly outflows of $30.69 million in the first week of Q4 2024, representing a return to a negative streak stretching from August 16.  In contrast to their Bitcoin counterparts, the ETH spot ETFs have had a challenging debut with total net outflows of 553.66 million. However, they account for 2.28% of the Ethereum market supply with $6.6 billion in total net assets. At the time of writing, Bitcoin trades at $62,062, with Ethereum valued at $2,414. Both assets report negligible price movements in the past day. Featured image from Global Finance Magazine, chart from Tradingview 

21時間前

These Alts Dumped the Most Weekly as Bitcoin (BTC) Calms at $62K (Weekend Watch)

XRP and DOGE are among the leaders in this adverse trend.

21時間前

KAS Price Prediction: Kaspa and Its Altcoin Competitor Are Ready for an ‘Unstoppable’ 1000x Rally to $5 by 2025

Kaspa and a top altcoin rival are poised for massive growth, with predictions suggesting a […]

21時間前

Arthur Hayes sees Ethereum as unchallenged leader, but SOL and CYBRO are rapidly catching up

Arthur Hayes, a respected voice in the crypto world, believes Ethereum holds the top position. [&#82...

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22時間前

Analyst PlanB Unveils Potential Trigger for Next Bitcoin ‘Pump,’ Says Whales Waiting for Outcome of One Event

Popular quant analyst PlanB says crypto whales are staying on the sidelines for now to await the res...

ults of a highly anticipated event. In a video update, the pseudonymous analyst tells his 179,000 YouTube subscribers that he believes Bitcoin (BTC) is in a bull market despite its choppy price action over the last eight months. […] The post Analyst PlanB Unveils Potential Trigger for Next Bitcoin ‘Pump,’ Says Whales Waiting for Outcome of One Event appeared first on The Daily Hodl.

22時間前