Bitcoin Flat Near $61K as Whales Continue to Accumulate; XRP Down 10% as SEC Appeals Case
PLUS: AI tokens not moving despite a $6.6 billion fundraise from OpenAI.
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ether etf
PLUS: AI tokens not moving despite a $6.6 billion fundraise from OpenAI.
Data from SoSoValue shows that the total daily net inflow cracked $100 million for the second day in a row for the BTC ETFs amid global monetary easing. PLUS: Worldcoin is up double digits as World ID expands to more countries.
Order book liquidity refers to the market’s ability to absorb large buy and sell orders without influencing the spot price.
The decline in trading volumes for ETH instruments suggests lower-than-expected institutional interest in the asset, particularly following the launch of spot ETH ETFs, according to CCData.
Many of the largest decentralized exchanges (DEX) tokens posted gains on Tuesday.
Crypto markets lack a clear anchor and are susceptible to continued position adjustments based on traditional finance markets, one analyst said.
The boss of Japan’s Financial Services Agency (FSA) has said “cautious consideration” needs to be given to the decision of approving crypto-related exchange-traded funds.
Trading volumes nearly tripled and open interest on XRP-tracked futures jumped $200 million in the past 24 hours.
Mox, a virtual bank subsidiary of Standard Chartered, has started offering bitcoin and ether exchange-traded funds to its clients shortly after launching an investment platform in Hong Kong.
More than $1.5 billion of exits from Grayscale’s high-fee Ethereum Trust more than offset inflows into the other spot products.