Investors poured billions into tech stocks and doubled their crypto investments on expectations of Fed rate cuts and economic resilience. A research report conducted by the Bank of America Global Research team indicates that investors have been actively buying tech stocks and crypto. According to a Reuters report, an influx of $4.7 billion into tech stocks, which encompass major players like Apple and Nvidia, marks the highest recorded inflow since August 2023. Simultaneously, investments in crypto also witnessed an influx of capital, with inflows doubling from $1.2 billion to $2.4…
Tag: Investors
Tron founder teases ETF; investors flowing to Arbitrum and InQubeta
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Justin Sun of Tron has sparked discussions about the possibility of spot TRX ETF. Meanwhile, investors have been doubling down on Arbitrum (ARB) and InQubeta (QUBE). InQubeta can grow The InQubeta presale has raised over $10.5 million in presale. In stage 8, QUBE is trading for $0.0245. InQubeta intends to build the first crypto-based crowdfunding platform for tech startups. Within its custom-built NFT marketplace, startups will be able to…
Institutional investors poised to fuel major surge in Bitcoin ETF adoption, Bitwise predicts
Bitwise anticipates a surge in institutional investment into Bitcoin ETFs in the coming months as major financial institutions, known as “wirehouses,” start offering Bitcoin ETF trades to their clients. Matt Hougan, Bitwise’s Chief Investment Officer, shared a number of insights during a CNBC interview on Feb. 29, stating that the initial interest in Bitcoin ETFs has primarily come from retail investors, hedge funds, and independent financial advisors. Hougan projected that this trend would soon extend to institutional investors, marking a pivotal moment for Bitcoin that he likened to an “IPO…
Dogecoin, Pepe, and Bonk prices soar; investors turn to this meme coin
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Meme coins are taking the lead despite a broader market uptick. Currently, Dogecoin is up 19% today, Pepe has added 16% and Bonk has surged 42%. Traders are also eyeing multi-chain meme coin, Smog, that’s conducting its airdrop and offering staking rewards. DOGE, PEPE, and Bonk soar as BTC steams past $60K The latest meme coin sector pump follows a broader market uptick, with Bitcoin crossing $60K and flirting…
Bitcoin and Chainlink investors monitoring Kelexo
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Having a strategic plan for exiting an investment is as crucial as the initial decision to invest. This involves setting target prices for taking profits or cutting losses and being prepared to adjust these targets based on market developments. A disciplined approach to exits can help investors lock in gains and minimize losses amidst the market’s unpredictability. Kelexo (KLXO), a lending platform, is capturing the headlines, particularly among Bitcoin…
Ether (ETH) Prices Are Being Driven by US Investors, Indicator Shows
While interest in ether bets has risen significantly, an ETF could create sustained rather than explosive growth for the second-largest cryptocurrency by market value, some traders said. As of Tuesday, Franklin Templeton, BlackRock, Fidelity, Ark and 21Shares, Grayscale, VanEck, Invesco and Galaxy, and Hashdex had submitted applications for an ether ETF. Source
Ethereum Outperforms Bitcoin As Institutional Investors Clamor For ETH Exposure
Reports have revealed that institutional investors are shifting their focus to Ethereum, displaying a preference compared to the largest cryptocurrency, Bitcoin. Despite Bitcoin’s recent rally to over $55,000, Ethereum’s unique features and potential developmental capabilities continue to capture institutional players’ interest. Institutions Favor Ethereum Over Bitcoin On February 24, cryptocurrency exchange, Bybit, published a research report on its users’ asset allocation. The research examined investors’ hodling and trading behaviours, covering the period from July 2023 to January 2024. Bybit’s report also provided valuable insights into investors’ asset allocation across cryptocurrencies…
Investors expect Pullix to replicate Dogecoin and Shiba Inu’s 2021 success
Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company. After witnessing the astronomical surge of dog-themed coins like Dogecoin (DOGE) and Shiba Inu (SHIB) in 2021, the market is looking for the next big thing. With $7.5M raised so far during a presale event, analysts are predicting that Pullix (PLX) may replicate Dogecoin and Shiba Inu’s success in 2024. Dogecoin has a $80 billion market cap…
Investors monitoring DeeStream as analysts expect Ethereum and Immutable to boom before Bitcoin halving
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. In the changing world of digital money and online content, Ethereum (ETH) is doing well and showing positive progress. Immutable (IMX) seems to be getting better after a difficult period. Bitcoin (BTC) is holding up strong, with positive data suggesting a potential increase before the halving event. At the same time, DeeStream (DST) is leading the way in decentralized streaming. Supporters expect more gains in the days ahead, explaining…
ETH Not BTC Is the Most Held Crypto by Institutional Investors: Bybit Research
Institutions have increased their portfolio concentration in bitcoin and ether to 80%, with a significant bet on ether due to the anticipated Dencun upgrade, according to Bybit’s report, which surveyed traders with assets in the exchange. Meanwhile, retail users have a lower concentration in these assets and a higher tilt towards altcoins, the report added. Source