Crypto Funds Hit $2.2 Billion Weekly Inflow Amid Bitcoin Recent Surge To $93K
The global cryptocurrency market continues to attract significant investor interest as crypto investment products recorded a substantial influx of funds last week. According to CoinShares’ latest weekly report, crypto funds registered a net inflow of $2.19 billion globally, bringing year-to-date (YTD) net inflows to a record high of $33.5...
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Cathie Wood’s Ark Bullish On $500T Tokenization Market As Tether Enters Race
Asset management firm Ark Invest recently expressed a bullish view on the future of real-world asset (RWA) tokenization and its potential impact on the broader digital assets industry. What Happened: In the weekly newsletter shared Monday, the Cathie Wood-led firm Ark Invest spoke about Tether’s (CRYPTO: USDT) latest move into...
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Crypto Trading Ban In Nepal Deterring Fraud Victims From Reporting To Authorities, Report Says
Nepal’s Financial Intelligence Unit (FIU), in its Strategic Analysis Report 2024, revealed that the country’s blanket ban on crypto trading has become a significant obstacle for fraud victims seeking to report their cases to authorities. Digital Asset Ecosystem In Nepal At A Glance The FIU is a division of...
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Economics Professor Doubts Impact Of Dogecoin-Inspired, Elon Musk-Led Department On Federal Deficit, Cites This As Major Concern
A Washington State University economics professor has cast doubt on the effectiveness of the newly proposed Department of Government Efficiency named after cryptocurrency Dogecoin (CRYPTO: DOGE) in addressing the federal deficit, highlighting data showing most government spending goes to entitlement programs rather than bureaucratic salaries. What Happened: Christopher Clarke,...
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Trump SEC Pick Speculation Sends This Altcoin Soaring Past Bitcoin And Ethereum In Daily Gains
Hedera (CRYPTO: HBAR) soared to the top of the daily gainers list Monday as blue-chip cryptocurrencies traded flat. What happened: HBAR, the native coin of the Hedera Hashgraph network, rallied 35% in the last 24 hours to hit a seven-month high. The cryptocurrency’s trading volume more than tripled in...
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Peter Schiff Pokes Fun Of MicroStrategy’s Bitcoin Purchase: ‘Michael Saylor Is Gonna Need A Bigger Plan’
Renowned economist Peter Schiff took a cheeky dig at the swift pace at which MicroStrategy Inc. (NASDAQ:MSTR) was executing its Bitcoin (CRYPTO: BTC) purchase plan. What Happened: On Monday, Schiff took to X to comment on the Michael Saylor-led company’s aggressive Bitcoin buying strategy. He noted that the company...
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Social Media Breach Hits Giggle Academy, Binance Founder Reacts
The social media account of a well-known educational platform was reportedly targeted in a cyberattack, leading to its unauthorized compromise. Giggle Academy founder Changpeng Zhao told followers of Giggle Academy to be cautious in dealing with their X account, confirming that their social media account had been hacked. Efforts...
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Bitcoin, Ethereum, Dogecoin Rise Amid Tesla-Fueled Tech Stocks Rally: Popular Analyst Says BTC Could Reach $138K Before ‘Major Pullback’
Leading cryptocurrencies inched higher Monday, coinciding with a surge in tech stocks. Cryptocurrency Gains +/- Price (Recorded at 8:30 p.m. ET) Bitcoin (CRYPTO: BTC) +0.60% $91,007.28 Ethereum (CRYPTO: ETH) +1.49% $3,158.99 Dogecoin (CRYPTO: DOGE) +2.23% $0.3725 What Happened: Bitcoin exhibited choppy movement, oscillating between $92,000 and $89,000. The leading...
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Bitcoin Open Interest Sets Another Record: Wild Week Ahead?
Data shows the Bitcoin Open Interest has reached yet another all-time high (ATH), a sign that more volatility could be coming for BTC. Bitcoin Open Interest Has Reached A Fresh High Recently As pointed out by CryptoQuant community analyst Maartunn in a new post on X, the BTC Open...
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Trump And Coinbase CEO Brian Armstrong Reportedly In Talks Over Cabinet Appointments
President-elect Donald Trump was discussing potential cabinet appointments with Brian Armstrong, the CEO of cryptocurrency exchange platform Coinbase Global Inc. (NASDAQ:COIN), in a closed-door meeting Monday What Happened: The conversation would focus on cabinet and senior post appointments as Trump shapes his second administration, The Wall Street Journal reported,...
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- Bitcoin (BTC) $ 94,167.00
- Dogecoin (DOGE) $ 0.331037
- Shiba Inu (SHIB) $ 0.000021
- Litecoin (LTC) $ 103.58
- Pepe (PEPE) $ 0.000018
- Bellscoin (BELLS) $ 0.411047
- Luckycoin (LKY) $ 0.861488