Spot Bitcoin ETFs End Week with $766M Inflows as Market Holds Steady
The rising adoption of Bitcoin ETFs coincides with Bitcoin reaching the long-anticipated $100,000 price milestone.
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The rising adoption of Bitcoin ETFs coincides with Bitcoin reaching the long-anticipated $100,000 price milestone.
Bitcoin led the entire cryptocurrency industry in heavy liquidations of about $500 million, mostly involving long traders following the sudden selloff in the past 24 hours.
Former PayPal COO and successful tech investor David Sacks has been tapped by President-elect Trump to serve as the White House AI and Cryptocurrency Czar, marking a significant move to position America at the forefront of these emerging technologies.
Over the past two days, crypto liquidations reached $1.26 billion.
Ripple Labs has clarified the reasons behind the delay in the launch of the RLUSD.
Bitcoin’s surge past $100,000 and a $2 trillion market cap, combined with Trump’s pro-crypto regulatory appointments, mark a historic moment for the cryptocurrency.
Donald Trump has nominated Paul Atkins, former SEC Commissioner and current CEO of Patomak Global Partners, as the next SEC Chairman, suggesting a possible transition toward more flexible cryptocurrency regulation.
Ripple’s long-awaited RLUSD stablecoin is set to go live on December 4, after receiving approval from the New York Department of Financial Services.
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.