Bitcoin investors in Asia face volatility over automated ETF trading bots

Asia-based Bitcoin investors face market volatility as automated trading bots react to data from U.S. Bitcoin ETFs, potentially influencing market swings. In Asia, Bitcoin investors are navigating through turbulent market swings, allegedly influenced by automated trading bots reacting to data coming from spot Bitcoin exchange-traded funds (ETFs), Bloomberg reports, citing crypto executives. Arbelos Markets president Shiliang Tang, acknowledged the significance of automated bots, saying from an algorithmic trading perspective, bots “can basically auto-scrape this data and buy and sell based on this.” “It seems that’s basically what is happening.” Shiliang…

Crypto Institutional Investors Pump $862 Million Into The Market

Crypto investment products are up again in terms of inflows, giving the crypto industry a much-needed breather. Recent market dynamics have seen Bitcoin leading the surge of inflows into crypto investment products, signaling a possible resumption of bullish sentiment. James Butterfill, head of research at Coinshares, reported this inflow in a social media post. The statistics indicate that crypto investment products received inflows of $862 million over the timeframe spanning from March 23 to March 29 to reverse the record net outflows of $942 million set in the prior week.…

MEXC Exchange Lists GRAM Token Opening Doors to TON Blockchain Investors

MEXC, one of the world’s largest cryptocurrency exchanges, has announced the listing of the GRAM token from the TON ecosystem. GRAM is often referred to as the “Bitcoin for Telegram” within the community, and its price has skyrocketed by 28,000 times since its launch in January. The spot trading pair GRAM/USDT is now available on MEXC, following rumors of the listing circulating in the project’s Telegram channel. Users have noticed significant transfers of GRAM, with over a million tokens being sent to wallets on MEXC and OKX, another major cryptocurrency…

Reality Check: MATIC Investors Count Losses

Polygon’s native token, MATIC, finds itself at a crossroads as it grapples with price volatility amidst an impending network upgrade and challenges surrounding Total Value Locked (TVL). In the past week, MATIC has witnessed a notable downturn in price, slipping by 4.44% according to data from CoinMarketCap. Despite earlier optimism that drove MATIC close to the $2 mark, the token has encountered resistance at the $1 level, with bullish momentum struggling to gain traction amidst prevailing market conditions. MATIC Investors Feel The Pinch Data analysis from IntoTheBlock paints a mixed…

Retail investors flock to InQubeta AI altcoin; Bitcoin price bounces back

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. InQubeta (QUBE) an emerging AI altcoin is witnessing an influx of investors, amid a resurgence in the Bitcoin price.  Bitcoin’s (BTC) price dropped considerably after setting a new all-time high (ATH) at $73,750, going as low as the $62,000 support level. Its price recently surged as high as $71,000 and it’s now trading above the $68,000 mark.  Over $60 million worth of BTC being liquidated after a new ATH…

Fezoo presale attracts Bitcoin Cash, Polkadot investors, sets sights on surpassing Binance 

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. The Fezoo (FEZ) presale is attracting capital from BCH and DOT holders as the platform aims to overtake Binance with hot Easter promotions.  Well-renowned crypto assets have a huge advantage in the crypto world. Prominent cryptocurrencies like Bitcoin Cash (BCH) and Polkadot (DOT) already have a significant number of investors, while trading platforms like Binance have established some level of market hegemony. It has become quite difficult for new…

Bitwise CIO predicts $1T BTC inflow via ETFs from institutional investors

Bitwise chief investment officer Matthew Hougan said institutional investors would likely pour as much as $1 trillion into Bitcoin through exchange-traded funds (ETFs) as they steadily move into crypto. In a memo sent to investment experts, Hougan addressed concerns over Bitcoin’s price volatility. As the asset fluctuates between $60k and $70k, the CEO believes the best strategy is to “keep calm and take the long view.” 1% Down; 99% to Go. Reflections on the ETF launch. An excerpt from Bitwise CIO @Matt_Hougan‘s weekly memo to investment professionals. Lately the crypto…

Meme coin investors catch speculative mood

IntoTheBlock experts note a meme coin speculative sentiment increase amid the ongoing bull market. According to the latest IntoTheBlock report, traders increasingly turn to speculative opportunities promising high returns. The trend is evident throughout the meme coin sector, as seen in the emergence of new meme coins and the resurgence of older ones gaining popularity again. Analysts note that the same trend of speculative activity was observed in previous cycles and is now beginning to appear in the current one, as evident from the performance of the meme coin sector.…

Investors focused ‘overwhelmingly’ on bitcoin over other crypto, says BlackRock

BlackRock’s push into crypto has been expeditious, but it may be hitting the brakes after bitcoin and ether. The January launch of bitcoin exchange-traded funds was a huge breakthrough for crypto that may have changed the market forever. That’s largely thanks to the unlikely endorsement of the asset class by the firm: BlackRock first filed for its iShares Bitcoin Trust (IBIT) about seven months before the launch. Since then, the firm filed for an ETF that would track the price of spot ether, the second-largest cryptocurrency by market cap. The…

DeeStream captivates Litecoin, Chainlink investors

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. DeeStream emerges as a compelling option for Litecoin and Chainlink investors, offering interesting blockchain solutions to the streaming industry’s challenges, as it gears up for significant growth in its presale phase. The streaming industry is currently worth $160.55B and is expected to grow to $247B by 2027. Its market is set to expand as products arise to solve its many problems. In this regard, DeeStream (DST) is a novel…