Analysts and market observers anticipate that options trading for U.S. spot bitcoin exchange-traded funds (ETFs) could kick off before year-end. While there’s considerable buzz around these new investment avenues, the introduction of options trading might bring strategies that could temper bitcoin’s market price. Crypto ETF Options Likely by Q4 2024, But Bitcoin and Ether Prices…
Twenty days have passed since the debut of U.S. spot ethereum exchange-traded funds (ETFs), encompassing 14 trading sessions to date. During this period, the overall net inflows have dipped to a loss of $405.94 million. Nevertheless, Blackrock’s ETHA and Fidelity’s FETH have witnessed significant gains. ETHA’s net inflows are approaching the $1 billion milestone, while…
Despite the recent dip in the crypto market, several digital currencies have experienced solid growth over the past week. Leading the pack, SUI saw a 95.6% increase against the U.S. dollar, with ZETA following closely, jumping 71.9% this week. Crypto’s Top Weekly Performers As of 12 p.m. EDT on Monday, the global crypto market has…
Hamster Kombat, the popular tap-to-earn sensation, revealed having rejected several investment proposals from some of the biggest venture capital firms in the crypto industry. The team behind the game declared that it would not allow players to become exit liquidity for their backers, as has happened in other projects. Hamster Kombat Has Rejected Venture Capital…
[PRESS RELEASE – New York City, New York, August 12th, 2024] PlayFi, an AI-powered data network and blockchain tailored for the live content industry, today announces the upcoming small, exclusive batch sale of Genesis Nodes. While PlayFi’s main Node Sale will take place later in 2024, the recent traction of the testnet – which saw…
A CryptoQuant analyst says Ether (ETH) could experience a rally soon, as shown by metrics in the cryptocurrency’s futures market. According to a post by the analyst, Shayan, ETH has just witnessed a significant liquidation event, and historically, such occurrences are often followed by price rallies as markets stabilize and spot buying pressure dominates. ETH…
The meme coin ecosystem has grown into a billion-dollar market over the years. It owes its meteoric growth to thousands of tokens themed around animals, political figures, celebrities, and other memeable characters. The meme coin frenzy has a ripple effect on the broader crypto market performance. With a market valuation of $2.2 trillion, the industry…
Pepe Unchained (PEPU), one of the most talked-about new meme coin projects, has just passed $8 million in its presale phase. But this isn’t just another quick cash grab. The team is on a mission to build a powerful new Layer-2 solution – with speeds and fees that could give Ethereum a run for its…
Despite an uneventful weekend, XRP started Monday in green. Key Support levels: $0.54 Key Resistance levels: $0.68 1. Price Find Support After a roller coaster volatility, XRP’s price finally found good support at 54 cents and it seems buyers are again interested in taking this cryptocurrency higher. If successful, the current target and resistance is…
Digital asset investment products saw a significant rebound in inflows, totaling $176 million, as investors took advantage of recent price corrections. According to Coinshares and its lead research analyst James Butterfill, ethereum was the standout performer, benefiting the most from these market dynamics. Coinshares Reports $176 Million Inflows Into Digital Asset Funds Coinshares reported that…