Crypto ETF Market Suffers Massive Outflows of $387M amid Bitcoin Price Drop
The crypto ETF market witnessed massive outflows last week as Bitcoin price dropped from $108,000 to $93,613, intensifying bearish sentiment.
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The crypto ETF market witnessed massive outflows last week as Bitcoin price dropped from $108,000 to $93,613, intensifying bearish sentiment.
Bitcoin as a strategic reserve asset is gaining traction across the board with Hong Kong and Germany joining the train.
The rise of Cardano (ADA) price above $1 earlier this month confirmed the onset of the macro bullish outlook after being trapped in bearish sentiment since September 2021.
Throughout 2024, the number of long-term Ethereum holders has surged from 59% in January to 75% by December 30.
The crypto market hangs on a balance as this week’s token unlocks could either fuel bearish trends or spark liquidity for a bull run. Major players like SUI, Optimism, and DYDX lead the action, while the altcoin market cap shows resilience, hinting at rally potential.
Analysts suggest that a breakout above Bitcoin’s descending trendline could reignite bullish sentiment, while a breakdown below key support levels may add to the bearish pressure.
Parcl has inked multiple milestones amid growing acceptance of RWA solutions in the market.
The US Treasury and IRS have finalized reporting requirements for digital asset brokers offering front-end services, mandating comprehensive transaction tracking starting January 2027.
Bybit and Tonstakers have partnered to provide easy access to TON staking.
BTCS has stopped its StakeSeeker platform to place more priority on areas where it can succeed, focusing on Ethereum blockchain growth.
Montenegro’s Justice Minister has approved the extradition of Do Kwon to the United States, marking a significant step in holding the Terraform Labs founder accountable for his crimes.
The directive, issued on December 26, represents Cambodia’s shift toward embracing financial innovation while prioritizing strict oversight.
Binance users can earn additional rewards through OM APR Boost Airdrops as the platform introduces new staking opportunities.
Solana-based meme coins, including Pudgy Penguins (PENGU), Fartcoin, and Gigachad, have experienced massive growth in 2024, with gains ranging from 600% to 1800%.
ADA might be in an accumulation phase, with MVRV ratios historically rebounding from current levels, presenting opportunities for long-term investors despite bearish signals from a 22-month high NVT ratio.