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Cryptocurrency News Articles
Return of spot Bitcoin ETFs: a path to the next bull run?
Sep 27, 2024 at 12:30 am
The cryptocurrency market is recovering, since Bitcoin decided to return to play above $60,000. Good news which allows us to rekindle the prospect of a bull market that has so far been absent.
As the price of bitcoin continues to trade above $60,000, following the recent macroeconomic data, the market seems to be paying close attention to the performance of the crypto.
As the price of bitcoin continues to trade above $60,000, following the recent macroeconomic data, the market seems to be paying close attention to the performance of the crypto.
With the Fed lowering interest rates and China announcing a $140 billion stimulus plan, to name a few, the narrative appears to be shifting towards a bull run in the digital asset markets.
With the Fed lowering interest rates and China announcing a $140 billion stimulus plan, to name a few, the narrative appears to be shifting towards a bull run in the digital asset markets.
This is further supported by the recent political developments in the US, with Kamala Harris’ support for the crypto economy, and seems to be panning out in the markets.
This is further supported by the recent political developments in the US, with Kamala Harris’ support for the crypto economy, and seems to be panning out in the markets.
While bitcoin has been trading sideways for months now, with the anticipation of a bull run, the entry of an exchange-traded fund in the US has brought a new dimension to the crypto market.
While bitcoin has been trading sideways for months now, with the anticipation of a bull run, the entry of an exchange-traded fund in the US has brought a new dimension to the crypto market.
With the bitcoin ETF now trading for several months, the attention has shifted towards its performance, and its role in driving crypto prices.
With the bitcoin ETF now trading for several months, the attention has shifted towards its performance, and its role in driving crypto prices.
While the narrative has been largely positive, with the bitcoin ETF hitting new highs,踽 a deeper look into the data reveals a different picture.
While the narrative has been largely positive, with the bitcoin ETF hitting new highs,踽 a deeper look into the data reveals a different picture.
Despite the bitcoin ETF seeing another day of inflows, with the BlackRock IBIT ETF seeing inflows of $184.4 million on Friday,彙 the total inflows into bitcoin ETFs were recorded at $105.9 million for the day.
Despite the bitcoin ETF seeing another day of inflows, with the BlackRock IBIT ETF seeing inflows of $184.4 million on Friday,彙 the total inflows into bitcoin ETFs were recorded at $105.9 million for the day.
This is due to outflows from the FBTC and ARKB ETFs, to the tune of $32.2 million and $47.4 million, respectively.
This is due to outflows from the FBTC and ARKB ETFs, to the tune of $32.2 million and $47.4 million, respectively.
According to CryptoQuant analyst Ki Young Ju, these inflows resulted in a net 30-day change in total holdings turning positive once again.
According to CryptoQuant analyst Ki Young Ju, these inflows resulted in a net 30-day change in total holdings turning positive once again.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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- Conflux (CFX) Price is Pumping, But Key Metrics Signal Caution: Here’s the Outlook
- Sep 27, 2024 at 09:20 pm
- The price of Conflux (CFX) has been going up for the past 2 days, increasing by close to 30%. The price is following a broader bullish trend from the beginning of September.
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- Arthur Hayes Shifts Focus to Memecoin $PEPE After $ATH, Deposits $1M in USDC into Binance and Withdraws 24.39B $PEPE ($252K) to His Wallet (0x6cd)
- Sep 27, 2024 at 09:05 pm
- Arthur Hayes, co-founder of BitMEX, has recently shifted his focus to the memecoin $PEPE. He deposited $1 million in USDC into Binance, subsequently withdrawing approximately 24.39 billion $PEPE, valued at around $252,000, to his wallet (0x6cd). This marks his first significant engagement with $PEPE, according to data from Spot On Chain.
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- US Spot Bitcoin ETFs See Sixth Consecutive Day of Inflows, Attracting Hundreds of Millions
- Sep 27, 2024 at 09:00 pm
- The continued positive streak coincided with a notable Bitcoin price upswing, putting the largest crypto asset by market cap on course to log its highest jump in September.
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- DOGS Token (DOGS) and Rexas Finance (RXS): The Two Cryptocurrencies to Watch in 2025
- Sep 27, 2024 at 09:00 pm
- To hack into opportunities in cryptocurrency often feels like hunting for a comet available in the sky. In the current time of the crypto space
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- Happy Birthday, StealthEX!
- Sep 27, 2024 at 09:00 pm
- Crypto exchange StealthEX is marking its 6th anniversary with a week-long celebration, offering users the chance to win from a $600 prize pool.
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- High-Yield Money Market Interest Rates Are Crashing: The One Perfect Safe Dividend Solution
- Sep 27, 2024 at 09:00 pm
- With the youngest baby boomers (Americans born between 1946 and 1964) turning 60 this year, it is becoming increasingly important to focus on magnificent dividend ideas
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- Grayscale Research Unveils Top 20 Digital Assets With Significant Potential for Q4
- Sep 27, 2024 at 08:30 pm
- Grayscale Research has unveiled a list of 20 digital assets with significant potential for the fourth quarter of the year.
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- Cutoshi Emerges as a Strong Contender in the Crypto Landscape, Offering Exciting Growth Potential and Real Utility
- Sep 27, 2024 at 08:30 pm
- As Solana gains momentum, memecoins like Cutoshi are emerging as strong contenders, offering investors exciting growth potential and real utility
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- Ethena Labs Unveils UStb Stablecoin Backed by BlackRock and Securitize
- Sep 27, 2024 at 08:30 pm
- Ethena Labs has announced a substantial addition to their product line: UStb. According to a tweet from Ethena Labs, BlackRock's BUIDL will fully support UStb