Ether (exchange-traded funds) ETFs saw more than double the inflows of bitcoin ETFs, with a significant net inflow of $420 million. Ether ETFs Grab The Spotlight in Trading Week Review In the week spanning Feb. 3 to Feb. 7, ether ETFs experienced a substantial net inflow of $420.06 million. While bitcoin ETFs also recorded a […] Original
Este artículo también está disponible en español. A crypto analyst has shared a new bold forecast for the Ethereum price, predicting that the number one altcoin is on the verge of an explosive rally to $17,000. The analyst has cited past trends to support his bullish projections, highlighting that Ethereum rallies significantly after a decline. Ethereum Price Forecast Targets $17,000 According to Kiu_Coin, the Ethereum season has just begun, opening up possibilities of price reversals and buying opportunities. Lately, the Ethereum price has been trading sideways, experiencing massive declines that…
Crypto investment products saw inflows totaling for the fifth consecutive week, with recent price declines saw total assets under management in ETPs fall to $163 billion, CoinShares reveals. Digital asset investment products recorded inflows of $1.3 billion last week, marking the fifth consecutive week of gains, CoinShares revealed in a blog post on Feb. 10. The total inflows for the year now stand at $7.3 billion. Bitcoin (BTC) saw $407 million in inflows, with exchange-traded products now holding 7.1% of its total market capitalization. Meanwhile, Ethereum (ETH) led the market…
The B3 Stock Exchange announced that it will expand its cryptocurrency offering this year, opening options for users to invest in solana and ether. Brazilian Stock Exchange to Launch Ether and Solana Futures This Year B3, the largest Brazilian stock exchange, has offered an update on its plans to offer investment products involving a larger […] Source
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The government of El Salvador has continued buying bitcoin despite the deal reached with the International Monetary Fund (IMF) in December. According to the National Bitcoin Office, in the last 7 days, Bukele’s administration acquired 18 BTC, with its total reserve reaching 6.073 BTC, nearly $584,000. “Stacked again,” the organization posted on social media, reinforcing […] Original
Este artículo también está disponible en español. In a dramatic shift, hedge funds appear to be ramping up short positions in Ethereum at a rate not seen before, sparking questions on whether the second‐largest cryptocurrency by market capitalization could be facing troubled waters—or if something else is at play. According to renowned analysts from the Kobeissi Letter (@KobeissiLetter), short positioning in Ethereum “is now up +40% in ONE WEEK and +500% since November 2024.” Their findings, shared on X, argue that “never in history have Wall Street hedge funds been…
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The University of Austin will establish a Bitcoin investment fund to explore the long-term potential of digital assets within its endowment strategy. According to a Financial Times report, the 142-year-old University of Austin is raising a $5 million Bitcoin fund as part of its $200 million endowment, making it the first U.S. university endowment to launch a dedicated Bitcoin fund. An endowment is a pool of donated funds that a university invests to generate returns over time. The additional revenue is typically used to support operational costs, scholarships, and research,…
In the realm of cryptocurrencies, a perplexing forecast has surfaced whereby an aspirational price objective of $10,000 for XRP is generating waves on trading platforms and social media. With the current price at $2.38, both experienced traders and newbies should find this prognosis very striking. Related Reading Do The Figures Add Up? Let’s get right to the point: this forecast by crypto expert Gen A runs over a basic mathematical obstacle. XRP’s market capitalization would explode to an amazing $1 quadrillion at $10,000 per coin. This is nine times more…