
Bitcoin ETFs See Historic $693M Inflow, Poised to Surpass Satoshi Nakamoto’s Holdings
December 3 marked a historic day for Bitcoin ETFs in the United States as daily inflows soared to $675.97 million.
December 3 marked a historic day for Bitcoin ETFs in the United States as daily inflows soared to $675.97 million.
Bitcoin price is once again on an upward trajectory after consolidating around $95,000 last week amid reduced profit-booking activity as well as selling pressure from long-term holders.
The rise of BNB price is heavily bolstered by the robust fundamentals of the Binance ecosystem including vibrant DeFi protocols and rising stablecoins inflows.
The crypto market lost more than $500 million in liquidations as prices continue swinging without forward momentum, disappointing investors.
Paul Atkins, known for his pro-innovation stance, is the frontrunner to become the next SEC Chair.
The demand for XRP among institutional investors has seen several fund managers file for spot ETF approval amid the upcoming change of the US SEC administration.
The crypto industry recorded an impressive rally, fueling the boom in trading volumes on exchanges.
Bitcoin and Ether ETFs attracted billions in November, highlighting rising investor confidence and Ether’s post-election dominance.
Retail FOMO remains below 2021 levels, with only some altcoins showing strong performance, noted Jupiter Zheng from HashKey Capital.
The crypto market losses due to thefts and rug pull stood at $71 million in November 2024, a sharp 79% drop from the $343 million lost in November 2023.
Bitcoin whales took advantage of the recent dip to $91,000, accumulating a total of 16,000 BTC worth $1.5 billion.
The overall cash inflow to the Ethereum network and its layer two scaling solutions led by Coinbase-backed Base has significantly increased in the recent past.
Bitcoin spot ETFs closed the week with a $103 million daily inflow after facing significant outflows earlier.
Miners face a 50% block reward cut since April, with daily bitcoin mining capped at 450 coins.
XT, a crypto exchange, has lost $1.7 million to hackers who have quickly converted the stolen funds to Ethereum.