The previous week was tumultuous for Spot Bitcoin ETFs as they failed to attract strong inflows consistently day after day. This trend of consecutive daily outflows indicates a potential waning of bullish sentiment among institutional traders. The impact of this lackluster investor interest is evident in the price of Bitcoin, which dropped to as low
In the rapidly evolving world of cryptocurrencies, there has been a recent surge in the popularity of memecoins. These digital assets, often characterized by their humorous or meme-based origins, have captured the attention of both seasoned investors and newcomers to the crypto space. One such example is the recent emergence of PUMP, a meme coin
In the ever-evolving world of cryptocurrency, meme coins have been gaining significant traction. One such coin that has captured the attention of investors is Dogecoin20 ($DOGE20). A better version of the popular Dogecoin, $DOGE20 has successfully closed out its presale with an impressive raise of $37 million. The coin has now amassed over $7.6 million
In a recent incident in Hong Kong, a 46-year-old housewife found herself in a devastating situation after investing in a fraudulent crypto investment platform. The woman reported losses of 7.1 million Hong Kong dollars, highlighting the risks associated with the rapidly growing cryptocurrency market. The victim was contacted by fraudsters through Instagram and lured into
The price of Ethereum has been on a rollercoaster ride recently, with a promising start to the month but a disappointing continuation. Despite the overall bearish pressure in the cryptocurrency market, Ethereum has faced additional challenges due to regulatory uncertainties. The latest on-chain revelation shows that a significant amount of Ethereum has been flowing into
Coinbase, the derivatives arm of the largest American cryptocurrency exchange, has announced its intention to launch futures trading contracts for Dogecoin (DOGE), Litecoin (LTC), and Bitcoin Cash (BCH) by April 1, 2024. The move comes as part of the company’s strategy to expand its offerings and provide more options for traders in the cryptocurrency market.
In recent days, the cryptocurrency market has seen a pullback following Bitcoin’s surge to a new all-time high. Ethereum (ETH) has also been affected by this downward movement after reaching a new yearly high of $4,094. Currently, the price of Ethereum is trading around $3,360, up by 0.64% in the last 24 hours. The question
The recent decline in Bitcoin’s price has not only affected the overall cryptocurrency market but has also had a significant impact on the spot Bitcoin ETF market. Data from BitMEX Research has revealed that BTC ETFs have been experiencing negative netflows for the past four trading sessions. This downward trend has been particularly noticeable in
The meme coin sector has seen a surge in popularity recently, with various assets experiencing significant price increases and attracting the attention of investors. These assets have not only performed well in terms of price, but they have also become the focus of intense discussions on social media platforms. Top Performers in the Meme Coin
Recently, members of the Solana community and the broader crypto ecosystem have expressed their dismay over the surge in inflammatory memecoins that have appeared on the Solana network. These memecoins have been found to contain racist, antisemitic, and anti-China language, sparking outrage among users and observers alike. Solana founder and CEO, Anatoly Yakovenko, unequivocally condemned
