Tag: Market trends
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...
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...
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...
BlackRock Surpasses $10 Trillion in Assets Under Management
BlackRock, the world's largest asset manager, recently announced that its assets under management (AUM) have surpassed an impressive $10 trillion in the second quarter. This marks a significant increase of almost 13% from the...
Iggy Azalea’s MOTHER Token Surges 50% After DWF Labs Partnership
Iggy Azalea has taken a step further into the world of cryptocurrency by partnering with crypto market maker DWF Labs, as announced in a post on X. The details of the partnership were not...
XRP Outperforms as Bitcoin Bulls Stay on the Sidelines
Bitcoin experienced a 2.3% drop in value over the past 24 hours, falling to $57,000 after briefly reaching $59,000 on Thursday. However, XRP tokens saw a 5% increase during the same period, making them...
Scaling Bitcoin Mining and AI Operations: TeraWulf’s Strategic Plans
TeraWulf has recently made a significant announcement regarding its plans to scale up its Bitcoin mining and AI operations. The company disclosed that it has successfully paid off its debt obligations, totaling $77.5 million,...
Bitcoin Price Drops as German Government Sells Off – CoinJournal
Bitcoin price dropped below $56,000 again as the German government continued to sell off its BTC holdings. On Monday, more than 16,000 BTC were sent to crypto exchanges in what was the largest transfer...
Digital Asset Funds Turn Positive After 4 Weeks: CoinShares Analysis
Digital asset investment products saw a positive turn last week after four consecutive weeks of net outflows, according to analysis by CoinShares. The total net inflows amounted to $441 million, with Bitcoin leading the...
