The latest data from CoinShares, a crypto asset manager, reveals a noticeable comeback in the crypto market. According to the ‘digital asset fund flows weekly report,’ there was a significant uptick in investor confidence as digital asset investment products saw $176 million in inflows. The head of research at CoinShares, James Butterfill, highlighted a strong
Recently, Coinbase has taken a strong stance against the US Securities and Exchange Commission’s (SEC) proposal to expand the definition of “exchange” to include decentralized exchanges (DEXs). This proposal has sparked significant controversy within the industry, with Coinbase and other players expressing concerns about the potential negative impacts on innovation and compliance burdens that could
An enthusiastic crypto analyst has recently made a bold prediction regarding the future price of Bitcoin. The analyst, known as ‘Sensei,’ believes that Bitcoin has the potential to surge to an impressive $72,000 in the near future. This optimistic forecast is based on the analyst’s analysis of Bitcoin’s recent price movements and trends. Despite Bitcoin
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Ethereum seems to have weathered the recent market downturn quite well, with investors seizing the opportunity to buy in at lower prices. Data from CoinShares reveals that Ethereum has attracted $155 million in inflows over the past week alone. This influx of funds has pushed the year-to-date total inflows for Ethereum to $862 million, the
A recent analysis by CryptoQuant suggests that Ether (ETH) could potentially experience a rally in the near future based on metrics in the cryptocurrency’s futures market. The analyst, Shayan, noted that ETH has recently undergone a significant liquidation event, which historically has been followed by price rallies as markets stabilize and spot buying pressure increases.
Binance, known as the world’s largest cryptocurrency exchange, recently announced the delisting of six altcoins from its platform. This decision has sparked significant price drops for the affected assets, as has been the case historically whenever such delistings occur. Binance periodically reviews each digital asset listed on its platform to ensure that they continue to
Crypto analyst CryptoCon has recently identified a technical indicator that has consistently predicted local highs for Bitcoin in the current bull run. The indicator suggests that Bitcoin could potentially reach $100,000 and even $109,236 by the end of the year. This prediction is based on a trend where Bitcoin has hit a local top one
Recently, Binance, the largest cryptocurrency exchange globally, confirmed that the Venezuelan government has imposed restrictions on access to its website. This action comes in the wake of turmoil following controversial presidential election results in the country. Reports indicate that various websites, including those of different companies and social networks, are experiencing similar access restrictions in
The recent surge in XRP’s price after a court ruling in the Ripple v SEC case has sparked optimism among investors. Despite a slight decline in price following the rally, many in the industry are hopeful for a potential “mega run” and new highs for XRP. Ripple’s XRP made headlines last week when it experienced
