
Bitcoin ETFs Post Massive Inflow of $802.50M on January 21 Following Trump’s Inauguration
Investment firms and hedge funds significantly increased their Bitcoin ETF holdings amid favorable market conditions.
Investment firms and hedge funds significantly increased their Bitcoin ETF holdings amid favorable market conditions.
In a bold move following Trump’s inauguration and Gensler’s resignation, REXShares and Ospreys Funds have filed for multiple spot crypto ETFs, including pioneering memecoin funds.
VeThor (VTHO) has shot up a monumental 108% in the past 24 hours, bringing out a God candle on the daily chart with a peak of $0.01071.
The crypto community had hoped for stronger signals from the administration, but early executive orders focused on other issues, leaving digital assets off the agenda.
The cooling down of the crypto-leveraged market after months of heavy speculation could lead to short-term Bitcoin price weakness despite the renewed interest from whale investors.
Donald Trump’s inauguration as the 47th US President marks a pivotal shift for cryptocurrency, with Bitcoin reaching record highs and major regulatory changes underway.
Gensler’s SEC tenure saw 18% of complaints tied to crypto violations, impacting Binance, Coinbase, and others.
Ethereum has notably underperformed this cycle, particularly as Solana gains traction through the memecoin frenzy and events like Trump’s official memecoin launch on Solana instead of Ethereum.
Crypto market nearing a new all-time high fuels optimism in Ethereum prices. With Trump’s support and growing optimism in the market, is Ethereum the best crypto buy this week?
Bitcoin hit a new all-time high of $109,114.88 on Monday, claiming a market cap of $2.13 trillion.
The overall crypto market experienced a surge in liquidations, surpassing $1.1 billion with Bitcoin price hitting a fresh all-time high within hours of dipping below $100K levels.
Massachusetts is coming off as the first deep blue state to welcome a Bill demanding strategic Bitcoin reserve for the state.
Ethereum’s Pectra upgrade is set for March 2025, while strong institutional inflows highlight the network’s continued dominance.
The Bitcoin decentralized finance (BTCFi) sector saw a 2,000% increase in the total value locked (TVL) in 2024, rising from $307 million to $6.5 billion.
XRP just ousted Bitcoin as the most traded asset on Coinbase, proof of its popularity in the US.