Tag: Market trends
Ether ETF’s Institutional Demand Unaffected by Lack of Staking, Says 21Shares’ Ophelia Snyder
Institutional investors are not worried about the lack of staking in U.S. spot ether exchange-traded funds (ETFs), according to Ophelia Snyder, co-founder of 21Shares. While retail investors may be disappointed, Snyder believes there is...
Bitcoin ETF Outflows Continue for Third Consecutive Trading Day: $145.9M Withdrawn
Bitcoin ETF outflows have continued for the third consecutive trading day, with a total of $145.9 million withdrawn. This trend is significant as it marks the fifth outflow in the past six trading days,...
Coolpad, Chinese Telecom Giant, Invests $13.5M in Bitcoin Mining Rigs
Coolpad Group, a Chinese telecommunications company based in Shenzhen and listed on the Hong Kong Stock Exchange, is making a significant investment in the world of cryptocurrency. The company has announced its plans to...
Cryptocurrency Market Update: First Mover Americas Reacts to Fed’s Hawkish Stance
The cryptocurrency market experienced a downturn following the Federal Reserve's decision to reduce interest-rate cut expectations. Bitcoin and ether both saw a 1% decrease in their value over a 24-hour period. Bitcoin was trading...
Solana Price Analysis: Analyst Predicts Buy Signal as SOL Touches Key Support at $141
Solana (SOL) has seen a slight increase in price, gaining 1.37% in the last day, which is a positive sign for investors. After a bearish week where SOL lost 8.11% of its value, there...
Bonk Price Plummets, Arbitrum Struggles, RECQ Investment Opportunity
The cryptocurrency market experienced a sharp decline recently, impacting popular altcoins like Bonk (BONK) and Arbitrum (ARB). Bonk, known for its fun approach to the Solana blockchain, has been struggling to maintain key price...
Fidelity’s FBTC Leads Spot Bitcoin ETFs with $226M Outflows
The US spot Bitcoin exchange-traded fund (ETF) market saw more outflows on June 13, with Fidelity Investments’ FBTC leading the way with $106 million in outflows. This was nearly half of the total $226...
2024: Meme Coins Outperform Bitcoin – Memeinator Takes the Lead
Many meme coins are outperforming major cryptocurrencies like Bitcoin, Ethereum, and Ripple in the year 2024. While Bitcoin and Ethereum have seen modest gains of over 50%, Ripple has experienced a decline of more...
The Importance of Fundamental Analysis in Memecoin Mania
The world of memecoins is a wild one, filled with hype and FOMO. Tokens like Dogecoin and Shiba Inu have seen incredible success, pushing the market cap of memecoins to $54.4 billion. But as...
Fidelity’s FBTC Leads as Bitcoin ETFs See $226M Outflows
The US spot Bitcoin exchange-traded fund (ETF) market experienced another day of net outflows on June 13, with Fidelity Investments’ FBTC leading the way in outflows. BlackRock’s IBIT was the only fund to see...
