Binance Square
Domov
Upozornenie
Profil
Populárne články
Novinky
Centrum pre tvorcov
Nastavenia
LIVE
LIVE
Crypto Web3 Today
Optimistické
--・1.8k views
Bitcoin ETFs Skyrocket 283% in Major Metric. In recent news within the crypto investment space, Bitcoin ETFs have demonstrated a remarkable surge, witnessing a significant 283% increase in net inflows over a 24-hour period. Data unveiled by BitMex Research underscores this pronounced uptick in investor engagement, with the total net inflow into Bitcoin spot ETFs amounting to an impressive $113 million on the previous day. Among the Bitcoin ETFs, Fidelity's FBTC emerged as the frontrunner, experiencing a daily net inflow of approximately $116 million, closely followed by BlackRock's IBIT, which recorded a net inflow of about $42.03 million. Conversely, Grayscale's GBTC saw a net outflow of $75.14 million for the day, bringing its total historical net outflow to a substantial $15.23 billion. This surge in investor activity follows closely on the heels of earlier reports indicating a $40.2 million net inflow into Bitcoin ETFs just a day prior. Market wants more. Furthermore, the impending entry of major financial institutions into this market underscores the growing institutionalization of cryptocurrency investments. Notably, Morgan Stanley and UBS are reportedly finalizing their Bitcoin ETF solutions, signaling an expansion of investment avenues in the cryptocurrency space. Moreover, Goldman Sachs, a leading financial institution, anticipates a sustained surge in demand for U.S. spot Bitcoin ETFs, with many funds poised to meet client demand. Since the inception of Bitcoin ETFs in January 2024, the flagship cryptocurrency has demonstrated a remarkable surge, registering a notable 77% increase in price, setting a new all-time high. With the increasing availability of such investment instruments and a growing investor appetite, the trajectory of Bitcoin's pricing remains a subject of profound interest and speculation.

Bitcoin ETFs Skyrocket 283% in Major Metric.

In recent news within the crypto investment space, Bitcoin ETFs have demonstrated a remarkable surge, witnessing a significant 283% increase in net inflows over a 24-hour period. Data unveiled by BitMex Research underscores this pronounced uptick in investor engagement, with the total net inflow into Bitcoin spot ETFs amounting to an impressive $113 million on the previous day.

Among the Bitcoin ETFs, Fidelity's FBTC emerged as the frontrunner, experiencing a daily net inflow of approximately $116 million, closely followed by BlackRock's IBIT, which recorded a net inflow of about $42.03 million. Conversely, Grayscale's GBTC saw a net outflow of $75.14 million for the day, bringing its total historical net outflow to a substantial $15.23 billion.

This surge in investor activity follows closely on the heels of earlier reports indicating a $40.2 million net inflow into Bitcoin ETFs just a day prior.

Market wants more.

Furthermore, the impending entry of major financial institutions into this market underscores the growing institutionalization of cryptocurrency investments. Notably, Morgan Stanley and UBS are reportedly finalizing their Bitcoin ETF solutions, signaling an expansion of investment avenues in the cryptocurrency space.

Moreover, Goldman Sachs, a leading financial institution, anticipates a sustained surge in demand for U.S. spot Bitcoin ETFs, with many funds poised to meet client demand.

Since the inception of Bitcoin ETFs in January 2024, the flagship cryptocurrency has demonstrated a remarkable surge, registering a notable 77% increase in price, setting a new all-time high.

With the increasing availability of such investment instruments and a growing investor appetite, the trajectory of Bitcoin's pricing remains a subject of profound interest and speculation.

Zrieknutie sa zodpovednosti: Obsahuje názory tretích strán. Toto nie je finančné poradenstvo. Pozrite si zmluvné podmienky.
0
Relevantný tvorca
LIVE
Crypto Web3 Today
@Crypto_Web3_Today

Preskúmajte viac od tvorcu

Charles Hoskinson Celebrates Cardano's (ADA) Insane Blockchain Performance. Cardano, renowned for its innovative Extended Unspent Transaction Output (EUTXO) model, has once again demonstrated its technical prowess in the cryptocurrency space. Following the implementation of the Alonzo upgrade, which introduced support for multi-assets and smart contracts. One recent milestone exemplifies Cardano's capabilities: the processing of eight transactions within a single block, serving a substantial 1,600 recipients. What is noteworthy is the cost- effectiveness of this achievement, with the commission for these transactions totaling a modest 5.16 ADA, equivalent to $2.38. This exceptional performance has drawn recognition from Charles Hoskinson, the visionary figure behind Cardano. In response to the achievement, Hoskinson shared a GIF with the caption "It ain't much, but it's honest work," expressing his satisfaction with Cardano's consistent progress. Hoskinson's acknowledgment underscores the significance of ADA blockchain's advancements in the blockchain sphere. By leveraging the EUTXO model, Cardano enables complex logic in transaction processing, ensuring efficiency and reliability. Such achievements reflect the project's mission to provide a sustainable and cost- effective blockchain platform. With its focus on scalability, security and interoperability, Cardano (ADA) continues to set industry standards, positioning itself as a prominent player in blockchain and decentralized finance. The "honest work" commendation serves as a testament to the collective efforts and aspirations of the development team.
--
69% of Pepe (PEPE) Holders Return to Profit as Major Price Move Awaits. Pepe (PEPE), the frog-themed cryptocurrency, has emerged as a noteworthy player on the crypto market, with recent data indicating that more than half of its holders are currently profitable. According to Into TheBlock data, 69% of PEPE holders are profiting, or "in the money." As analysts closely watch PEPE's performance, the anticipation of a major price move is palpable, with speculation that PEPE may shed a zero to hit new resistance levels. Such projections add to the market's enthusiasm, as investors and fans alike debate the coin's price trajectory. Over the past weekend, crypto analyst Ali hinted that PEPE might be preparing for its next move. He recommends keeping an eye out for a daily close outside of the $0.00000793-$0.0000664 range, which may result in a 54% move for PEPE. With analysts hinting at a major price move on the horizon, the PEPE community watches with bated breath. PEPE has largely fluctuated in range between $0.00000475 and $0.00000572 following a dip to lows of $0.00000393 on April 13. At the time of writing, PEPE was down 2.42% in the last 24 hours to $0.000004998, mirroring the general price drop on the crypto market as the dollar posted its largest five-day rise since October 2022. The financial markets saw varied reactions after Fed Chair Jerome Powell signaled policymakers were in no rush to cut interest rates. In listing news, Coinbase will add support for Pepe perpetual futures on Coinbase International Exchange and Coinbase Advanced. The opening of the 1000PEPE- PERP market will begin on April 18, 2024. In other listing news, PEPE is now available on Swiss-based fintech platform SwissBorg. This move allows PEPE token holders access to 16 fiat currencies, including EUR and CHF, directly through the Swissborg app.
--
XRP Price Prediction for April 17. XRP/USD. The rate of XRP has declined by 0.61% over the last 24 hours. On the hourly chart, the price of XRP keeps falling as it is testing the local support level of $0.4835. If the daily bar closes near this mark or below it, the drop is likely to continue to the $0.48 zone. On the daily time frame, the picture is also bearish. The rise has returned to the level formed by the false breakout. If buyers cannot seize the initiative, the accumulated energy might be enough for a dump to $0.46. Such a scenario is relevant until the end of the week. From the midterm point of view, one should pay attention to the vital zone of $0.50. If the weekly candle closes far from it, there is a high chance to see a test of the $0.40 area until the end of the month. XRP is trading at $0.4837 at press time.
--
Chainlink (LINK) MVRV Ratio Drops Massively, Top Analyst Highlights Buy Signal. In the volatile world of cryptocurrency, Chainlink (LINK) has caught the attention of traders and analysts alike with its recent MVRV Ratio plunge. Per insights from renowned crypto analyst Ali Martinez, the plummeting MVRV 30-Day Ratio for Chainlink has historically heralded prime buying opportunities, averaging impressive returns of around 50%. He noted that, currently, the LINK MVRV 30-Day Ratio stands at -17.54% and suggested that this could be another chance to buy the LINK dip. For those unfamiliar with the MVRV (Market Value to Realized Value) Ratio, it is a metric used to assess the market value of an asset relative to its realized value. When this ratio drops significantly, it often indicates that the asset is undervalued and may present an attractive buying opportunity. Chainlink price movements. Despite the positive sentiment shared by Martinez, Chainlink's current market performance has been less than stellar. As of the latest data, the price of LINK sits at $13.35, marking a modest increase of 1.37% over the past 24 hours. However, a closer look reveals a more concerning trend, as the cryptocurrency has experienced a significant decline of 21.61% over the past week. Further compounding the less-than-ideal market conditions is a notable drop in Chainlink's 24-hour trading volume, which has decreased by 39.30%. Such a decline in trading activity can often signify reduced investor interest and liquidity, potentially adding to the coin's volatility. However, Martinez is still painting a bullish picture for the LINK price. While the broader market remains unpredictable and subject to various factors, including regulatory developments and market sentiment, the sharp drop in Chainlink's MVRV Ratio could indeed signal an opportune moment for investors to consider entering or expanding their positions in the cryptocurrency.
--
Dogecoin (DOGE) Price Might Achieve All-Time High After Supply Block Resolution. In a recent development, the price of Dogecoin (DOGE) is poised for a potential surge to its all-time high. Analysis from IntoTheBlock reveals a crucial factor influencing this resurgence: the absorption of 21.74 billion DOGE, currently concentrated within a price corridor ranging from $0.1636 to $0.671. This sizable volume, held across 953,590 wallets, presently burdens its holders with losses. However, should this supply block be resolved, DOGE could witness a significant price uptick. Despite the optimistic outlook, experts caution that the absorption process could introduce sell pressure onto the market as the price corridor transitions. Presently, DOGE is valued at $0.152, with its peak at $0.74, highlighting the potential for substantial gains. Notably, the volume in question represents only a fraction of Dogecoin addresses. Data indicates that 5.13 million addresses hold 122.75 billion DOGE, constituting 81.05% of all addresses. While this substantial ownership provides a strong foundation for meme cryptocurrency, it also poses the risk of intensified sell pressure. In this context, while on-chain indicators suggest a clear path to a new price high for DOGE, speculation abounds regarding the market's response. The Dogecoin community grapples with speculation on how various factors, including investor sentiment and external market dynamics, will influence the popular meme cryptocurrency's price trajectory.
--

Najnovšie správy

New Zealand Reserve Bank Seeks Public Consultation On Digital Cash
--
Skynet Trading Limited Secures Investment From Seier Capital And Edessa Capital
--
Binance Market Update (2024-04-18)
--
Arkansas Legislature Passes Two Bills That Could Limit Cryptocurrency Mining
--
TON Prepares For Major Announcement Involving Tether, STON.fi, Tonstakers, And Fanzee Labs
--
Zobraziť viac
Mapa stránok
Cookie Preferences
Podmienky platformy
Mapa stránok
Podmienky platformy
ba-one-trust-cookie