Tag: Market trends
Multipool Secures Strategic Investment from Kronos Research: CoinJournal Update
Multipool, a prominent player in the blockchain and cryptocurrency industry, has recently secured a strategic investment from Kronos Research, as reported by Chainwire on July 23rd, 2024.This investment highlights Kronos's belief in on-chain order...
Ether Price Surges Above $3.5K Before ETH ETF Trading, Inflow Worries Persist
Ether (ETH) saw a significant price increase, surpassing $3,500 as anticipation builds for the launch of U.S.-based spot exchange-traded funds (ETFs). However, concerns linger regarding the potential impact of Grayscale's $9 billion ETH Trust...
Bitcoin and Ethereum ETFs: $1 Billion Inflows Signal Growing Interest
Bitcoin and Ethereum ETFs have been gaining significant attention in the investment world, with nearly $1 billion in inflows recorded since Friday. This surge in interest is a positive sign for the digital asset...
Liquidity Drives Global Market Movement in the US
The global market movement in the US is currently being driven by liquidity, according to recent reports. Liquidity refers to the ease with which assets can be bought or sold without causing a significant...
MicroStrategy Stock Surges with Bitcoin Rally – CoinJournal
MicroStrategy's stock has been on a winning streak, outperforming major tech stocks thanks to its significant investment in Bitcoin. The company's stock price has surged by 135% since the beginning of 2024, riding the...
Charles Hoskinson vs. Vitalik Buterin: Clash Over Crypto Stance – CoinJournal
Charles Hoskinson and Vitalik Buterin, two prominent figures in the cryptocurrency world, have found themselves at odds over the issue of supporting political candidates based on their stance on crypto.Hoskinson, co-founder of Input...
INJ-Linked ETP Launched by Injective Labs and 21Shares on Euronext Exchanges
Injective Labs and 21Shares have made a major move by launching the first INJ-linked ETP on Euronext exchanges. The new Injective Staking Exchange-Traded Product (ETP) called AINJ will allow users to not only gain...
Bitcoin’s Potential as Global Reserve Currency Amid Inflationary Pressure
US billionaire Mark Cuban believes that Bitcoin has the potential to become a global reserve currency amidst inflationary pressure and geopolitical uncertainty. Cuban, who supports Joe Biden for re-election, stated that factors such as...
Potential $5.4B Inflows Expected for Ether Spot ETFs in First 6 Months
Ether spot ETFs are expected to receive a significant amount of net inflows, according to a recent report. The inflows are projected to be around 30%-35% of what bitcoin ETFs receive. This estimation translates...
Bitcoin: ‘Digital Gold’ and Economic Hedge, BlackRock CEO Emphasizes
BlackRock CEO Larry Fink recently reiterated his support for Bitcoin, referring to it as "digital gold" and highlighting its potential as a hedge against economic uncertainty. This statement came during a CNBC interview following...