BlackRock’s Spot Bitcoin ETF Records Biggest Inflows Since April as BTC Hovers at $70K
Bitcoin spot ETFs in the U.S. have seen net inflows of over $1.4 billion in the past week after a timid first half of the month.
Trading
Donald Trump-Themed Meme Coins Breed Crypto Millionaires as MAGA Token Surged
Analysis by Nansen shows that early TRUMP holders made an ROI of over 1,600% from the PoliFi token.
MOG, PEPE Rocket as Traders Search for Ether Beta Bets
Meme coins have been increasingly seen as a way to bet on the growth of the underlying network they are issued on.
Bitcoin Surges Over $71K as Ether ETF Hopes Lead to $260M in Short Liquidations
Some traders expect ether prices to reach as high as $4,000 in the coming days, with odds of an ether ETF approval raised to 75%.
Bitcoin Traders Target $74K Next Week as BTC Spot ETFs Log Four Days of Inflows
One trader said rising risk appetite for alternative assets could cause bitcoin to exceed the $70,000 level over the weekend.
Ether Bears Hit a Brick Wall as Price Collides With Bull-Market Trendline
Ether’s sell-off has stalled at an upward-sloping trendline, characterizing the rally from October lows.
Ether-Bitcoin Ratio Slides to Lowest Since April 2021. Here’s Why
The ether-bitcoin ratio slides to a three-year low, extending year-to-date losses to nearly 16%.
Bitcoin Traders Expect Prices to Hit $74K Highs as Selling Pressure Eases
One trading desk has seen an uptick in call buying activity with targets of as high as $120,000 for December 2024.
SHIB to Get More Scarce as Key Exchange Expands to Shibarium
Increased transactions on the Shibarium blockchain will lead to a higher burn rate for the SHIB token, reducing its circulating supply.
CME Looks to Take On Binance and Coinbase, Could Launch Spot Bitcoin Trading: Report
The CME is already the top bitcoin futures exchange by open interest, while the offshore, non-regulated Binance dominates the spot market.