May 30, 2024

Ethereum Sees Bullish Signs as Spot ETF Approval Nears

Ethereum, the world’s second-largest cryptocurrency, has seen some positive developments recently that could boost its price. One of the top bullish signs for Ethereum at the moment is the rising chance of a spot ether exchange-traded fund (ETF) being approved soon in the U.S. ETFs make it mu...

#CRYPTOCURRENCY #DBS #ETF #Ethereum #NEWS

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May 29, 2024

BlackRock’s Bitcoin ETF Surpasses Grayscale to Become World’s Largest 

In a major milestone for the crypto industry, BlackRock’s iShares Bitcoin Trust (IBIT) ETF has become the biggest bitcoin fund in the world. The exchange-traded fund (ETF) now manages nearly $20 billion worth of the digital currency, according to a report from Bloomberg News. BlackRock’...

#BlackRock's Bitcoin ETF #CRYPTOCURRENCY #IBIT #NEWS

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May 28, 2024

Crypto Inflows Surge to a Record $14.9B Inflows Amid Bullish Sentiment

The latest CoinShares Digital Asset Fund Flows Weekly Report shows that the market saw tremendous crypto inflows last week, setting a new yearly high of $14.9 billion. The strong inflows come as crypto prices have risen and sentiment has turned bullish. Over the past week alone, crypto investment p...

#BITCOIN #Crypto Inflows #CRYPTOCURRENCY #Ethereum ETF #NEWS

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May 24, 2024

Crypto Derivatives: Traders Bet Big on Bitcoin and Ethereum Futures Amid ETH ETF Hype

Crypto traders are making big bets on the future prices of Bitcoin and Ethereum. They’re doing this using special financial products called crypto derivatives. Derivatives let traders speculate on whether crypto prices will go up or down. The most popular derivatives are perpetual futures con...

#BITCOIN #Crypto Derivatives #CRYPTOCURRENCY #Ethereum #NEWS

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May 23, 2024

SEC Faces Decision Day on Ethereum ETF Approvals

The U.S. Securities and Exchange Commission (SEC) is expected to make a key decision on Thursday regarding the approval of spot Ethereum exchange-traded funds (ETF) applications. ETFs are investment vehicles that track the price of an underlying asset and can be bought and sold on stock exchanges, ...

#CRYPTOCURRENCY #Ethereum ETF #NEWS #SEC

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May 22, 2024

BlackRock’s Bitcoin ETF Sees Huge Inflows as BTC Price Soars

BlackRock’s spot Bitcoin exchange-traded fund (ETF) called IBIT has seen a big jump in investments over the past week. An ETF is a type of investment that trades on a stock exchange and tracks the price of an asset like Bitcoin. According to data from Farside Investors, IBIT had an inflow of ...

#BITCOIN #Bitcoin ETF #BlackRock IBIT #CRYPTOCURRENCY #NEWS

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May 21, 2024

Market Records Almost $1 Billion in Crypto Inflows as Bitcoin Rebounds

Cryptocurrency investment products saw a big influx of money last week, with investors adding $932 million, according to the latest report from CoinShares. This marks the second straight week of crypto inflows, showing renewed optimism in the crypto market. The surge in investments came right after...

#BITCOIN #Crypto Inflows #CRYPTOCURRENCY #NEWS

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May 17, 2024

Bitcoin Production Costs Rise Amid Changing Mining Dynamics

A recent report from JPMorgan has highlighted key changes in Bitcoin production costs, a crucial factor for understanding market dynamics. JPMorgan’s analysts, led by Nikolaos Panigirtzoglou, have adjusted their central estimate for Bitcoin production costs to $45,000, up from the previous $4...

#BITCOIN #CRYPTOCURRENCY #JPMorgan #NEWS #Rune

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May 16, 2024

Bitcoin ETFs See Record Inflows as Investor Confidence Grows

U.S. spot bitcoin exchange-traded funds (ETFs) experienced a remarkable influx of $303 million in net inflows on Wednesday, marking the most substantial single-day increase since early May. This surge indicates a rising investor interest in cryptocurrency as a diversification tool beyond traditiona...

#BITCOIN #Bitcoin ETFs #CRYPTOCURRENCY #NEWS

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