Dan Gambardello, the founder of Crypto Capital Venture, has laid out a bullish narrative for Cardano going into the next bull run. Based on his analysis, the crypto token has the potential to be one of the best-performing coins during that period.ย History Could Repeat Itself For Cardano In a video posted on his YouTube Channel, Gambardello mentioned how Cardano was currently in the same technical area it was in the last two market cycles before the Bitcoin Halving. He further noted that on those two occasions, ADA managed to…
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Spot Bitcoin ETF inflows top $1.55b; investors supporting Solana and NuggetRush
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Spot Bitcoin ETFs have attracted over $1.55 billion since Jan. 11. Solana (SOL) and NuggetRush (NUGX) are also receiving strong investor support, with $13 million added to Solana products and over 170 million NUGX sold during the presale. Spot Bitcoin ETF inflows top $1.55 billionย A recent analysis by Crypto.com Research highlighted two advantages of spot Bitcoin ETFs โ cost-effectiveness and asset diversification. As a result, there has been…
First Mover Americas: BlackRockโs ETF Demand Ranks Among Top 5
The latest price moves in bitcoin [BTC] and crypto markets in context for Feb. 7, 2024. First Mover is CoinDeskโs daily newsletter that contextualizes the latest actions in the crypto markets. Source
BlackRock spot Bitcoin ETF enters top 5 US ETPs by capital inflow
A spot Bitcoin ETF from financial giant BlackRock has become one of the top five exchange-traded products (ETPs) in the United States in terms of capital inflows. According to data from YCharts, the cryptocurrency fund under the ticker IBIT was in the top 0.16% of 3,109 US ETPs. Experts note that the BlackRock ETF was forced to miss the first seven trading days 2024. The company was awaiting approval from the U.S. Securities and Exchange Commission (SEC). Source: YCharts Bloomberg senior analyst Eric Balchunas noted that the inflow of funds…
Will $100,000 Bitcoin A Reality? This Top Crypto Visionary Thinks So
A notable figure in the crypto sphere, Blockstream CEO Adam Back, recently highlighted the potential for Bitcoin to rise to $100,000 with a compelling visual metaphor. Halving To Drive Bitcoin To $100,000 Back, whose work was acknowledged by Satoshi Nakamoto in the Bitcoin whitepaper, posted an image of a carโs side mirror with a text reading โ$100k BTC.โ Accompanied by the caption โlaser ray โtil halving day Bitcoin,โ this post has sparked a wave of optimism within the community. The mirror warning image suggests that Bitcoin reaching $100,000 might be…
Chainlink’s 34% Jump Kicks DOGE Out Of Top 10 List
After Chainlinkโs impressive run of more than 34% over the past week, LINK has dethroned Dogecoin (DOGE) from the top 10 crypto by market cap list. Chainlink Has Pulled Away From The Crowd With A Sharp Surge Recently While most cryptocurrency sectors have observed minimal movement recently, Chainlink has emerged as an outlier, enjoying a surge of over 34% in the last week. The below chart shows how LINK has performed over the past month. The price of the coin seems to have observed a sharp increase in recent days…
BlackRock and Fidelity’s Bitcoin ETFs break into top 10 with $4.8b January inflow
BlackRock and Fidelityโs spot Bitcoin ETFs have entered the top 10 ETFs with the highest inflows in January, amassing around $4.8 billion. The iShares Bitcoin Trust by BlackRock secured eighth place with an impressive $2.6 billion in net flows, closely followed by the Fidelity Wise Origin Bitcoin ETF, which captured tenth place with $2.2 billion, according to a Feb. 3 report from Morningstar research analyst Lan Anh Tran. This influx contrasts sharply with the Grayscale Bitcoin Trust, which experienced the second-highest outflows among ETFs, losing an estimated $5.7 billion. Nate…
Solana-Based Altcoin Surges More Than 42% This Week Amid New Listing on Top Crypto Exchange Binance
A Solana (SOL)-based altcoin rallied by more than 42% this week amid news that Binance is adding spot trading support for the digital asset. Pyth Network (PYTH) is an oracle network that aims to provide real-time financial data to smart contracts and decentralized applications (DApps). This week, the projectโs native token PYTH soared to a seven-day high of $0.539 from a weekly low of $0.378, an increase of 42.59%. The 96th-ranked crypto asset by market cap has retraced from its recent high and is trading at $0.461 at time of…
Top US Crypto Exchange Coinbase Rolls Out Trading for New Layer-1 Altcoin
Users of top US crypto exchange Coinbase can now buy, sell and hold the new token of the layer-1 blockchain and smart contract platform ZetaChain (ZETA). Coinbase says it is rolling out support for the altcoin, which launched on February 1st, with the experimental asset label. The exchange gives this mark to tokens that pose certain risks such as price swings and canceled orders because of lower trading volume and availability. ZetaChain is a proof-of-stake blockchain designed to seamlessly enable different blockchain networks to communicate and interact with each other.…
Solana Holds Top Spot in DEX Trading Volume Rankings amid Hayes Projection
CoinspeakerSolana Holds Top Spot in DEX Trading Volume Rankings amid Hayes Projection Solana (SOL) has surpassed Ethereum (ETH) in 24-hour DEX volume. This development coincides with the prediction from BitMEX co-founder Arthur Hayes, who foresees a rally in Solana following the crisis in New York Community Bank (NYCB). Deep Dive on Solanaโs Meteoric Price Trajectory As reported by DefiLlama, SOL seized the spotlight by outpacing ETH in the 24-hour decentralized exchange (DEX) volume. Solana is still the number 1 ecosystem by DEX volume๐ pic.twitter.com/Y6MtGHYQnY โ Crypto Crib (@Crypto_Crib_) February 2,…