Fund • July 17, 2024 12:47 AM EDT Posted 1 minute earlier In ~ Eleven U.S. spot Bitcoin exchange-traded funds (ETFs) reported net daily inflows of $42.267 billion on Tuesday, the largest since June 5, extending the positive inflow streak to eight days.BlackRock’s IBIT led the way with $260.23 million, its largest net inflow since June 6. data At SoSoValue, IBIT recorded a trading volume of around $1.02 billion on Tuesday.Fidelity’s FBTC followed with $61.05 million in inflows, followed by Ark Invest and 21Shares’ ARKB with $29.85 million and VanEck’s HODL with $22.04 million. Spot Bitcoin funds from Invesco and…
Author: Crypto Flexs
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A prominent analyst believes Solana (SOL) could be repeating a pattern we saw three years ago, before the smart contract platform hit an all-time high. Anonymous analyst Inmortal told his 214,700 followers on social media platform X that Solana appears to be printing a series of bullish uptrend-down patterns on its two-day chart after briefly breaking $200 earlier this year. According to the analyst, SOL followed the same pattern in Q2-Q3 2021, when Solana soared from $24 to an all-time high of $259, a gain of over 979%. “Time is a flat circle. brush.” Source: Inmortal/X Looking at the trader’s…
Alvin Lang 17 Jul 2024 03:25 The Sui Grants Program has selected its first cohort of RFP grantees, aimed at fostering innovation within the Sui ecosystem. According to The Sui Blog, the Sui Grants program has announced the selection of its first batch of grantees from its RFP (Request for Proposals) program. The initiative is part of a broader effort to drive innovation and support projects that align with the strategic goals of the Sui ecosystem. Kiosk-compatible codeless launchpad for creators and brands One of the notable projects that has been selected solves a…
Solana’s native token SOL (SOL) rose 13% between July 14 and July 16, breaking the $160 resistance level for the first time in five weeks. However, there is little to celebrate for bulls, as SOL is down 24% from its March high of $209. Traders are now questioning the sustainability of the uptrend and the possibility of a retest of the $180 level in the short term.Solana Mimecoin Fever and Ether ETF MomentumThe recent excitement over SOL can be partly attributed to the final stages of approval for an Ether exchange-traded fund (ETF). According to Bloomberg analyst Eric Balchunas, the…
Join us telegram Stay up to date with the latest news coverage by subscribing to our channels. Investors looking for the cheapest crypto trading under $1 are looking to the market as the anticipated bull market begins. Several cryptocurrencies have stood out from the crowd by showing promise of significant gains. Today’s analysis highlights five of them. Cheap Cryptocurrency Under $1 Analysts say that it can provide significant returns. Meanwhile, cryptocurrency markets saw significant gains yesterday, fueled by a bullish mood across the board. Price of BTC After a downtrend, the price regained momentum, falling from $71,000 to $60,000. As…
The price of XRP has risen more than 25% over the past seven days. If history repeats itself, XRP may reach its ATH in late 2024 or 2025. Like most cryptocurrencies, Ripple (XRP) Last week also saw a huge performance, gaining bullish momentum. It was interesting to note that the token’s current state is similar to the last rally, which resulted in XRP hitting an all-time high a few years ago. Let’s look at some indicators to see if history is likely to repeat itself. Historical Trends of XRP According to CoinMarketCap dataXRP bulls have clearly been dominant over the…
Former US President donald trump He said the cryptocurrency industry is good for the country and that the U.S. should lead the global cryptocurrency race before China or any other country, Bloomberg reported Tuesday. “If I put it aside, it will be adopted by other countries, probably China. They are quite advanced in that area,” Trump said in an interview with Bloomberg. interview. “So you have to look at it. What I want, in other words, is what’s good for the country.”The Republican presidential candidate said cryptocurrencies “are not going away” and plans to release another set of NFTs. “I’ve…
Iris Coleman 16 July 2024 15:57 According to Binance Research, the cryptocurrency market is expected to grow by 37.3% in the first half of 2024, driven by the strong performance of Layer-1s, DeFi, and stablecoins. According to Binance Research, the total cryptocurrency market capitalization surged by 37.3% in the first half of 2024, ending the period at around $2.27 trillion. The growth was mainly concentrated in the first quarter, which saw a notable increase of 60.2%. However, the second quarter experienced a more difficult environment, with a decline of 14.3%.1st tier takes the leadLayer…
According to a July 16 X post from the network’s development team, the Ethereum Layer-2 Blast network has cut its withdrawal time in half, from 14 days to 7 days. The network previously required longer withdrawal times “to provide a buffer for Lido withdrawals.” The team claims that this longer wait time is no longer necessary.Source: BlastThe team posted a message from the new X account @blast, replacing the previously used account @blast_l2. The old account announced the existence of the new account on its profile.In a related thread, the team stated that Blast core contributors have been monitoring withdrawals…
According to on-chain data from Glassnode, the Bitcoin (BTC) price is experiencing a “short-term sell-off” as it breaks above $65,000. According to data from Cointelegraph Markets Pro and TradingView, the Bitcoin price rose more than 20% from its low of $56,616 on Friday, July 12 to an intraday high of $65,210 on July 16 amid the ongoing recovery, which Glassnode attributed to “the complete exhaustion of selling pressure from the German government.”According to market intelligence firms, large institutions, including miners and institutions, have historically been the main source of selling pressure. The recent Bitcoin price drop to $53,000 was mainly…