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Market intelligence firm Santiment reports that deep-pocketed crypto investors are accumulating Ethereum (ETH), suggesting a recovery in the digital asset market could be on the horizon. In a new post on social media platform said. “Ethereum whale activity surged to a six-week high as the price fell to $2,380 on Friday. Historically, this is a sign of accumulation by major stakeholders in large capital. There is no guarantee that the spike in prices will have an immediate impact, but it is encouraging.” Source: Santiment/X According to Santiment's chart, 6,428 new ETH wallets were created on October 24th, the highest daily…
key Bitcoin The indicator that has frequently warned of a possible short-term rally in BTC over the past few weeks has fallen into bearish territory, indicating that investor attention is shifting to the largest crypto asset. Bitcoin Coinbase Premium Index hits new lows IC News, recent information media reported Bitcoin’s Coinbase Premium Index has been hit by a plunge to new lows, raising questions about investor returns. request For digital assets. Historically, the Coinbase Premium has been used as a gauge of domestic interest in Bitcoin by measuring the price differential of BTC on the Coinbase platform and other cryptocurrency…
Omer Taha Sechin | Anadolu | Getty ImagesBitcoin At one point, it topped $70,000 as investors braced for MicroStrategy's earnings and counted down the days until the U.S. presidential election.According to Coin Metrics, the price of Bitcoin was last up about 3% to $69,925.00. It reached $70,207.02 around 6pm ET on Monday and has been volatile ever since.Stocks that are linked to virtual currency prices remained largely unchanged even during after-hours trading. During regular trading on Monday, crypto exchange platforms coinbase 5% Rise, Bitcoin Proxy micro strategy It rose nearly 9%.Stock chart iconStock chart iconBitcoin struggles to regain $70,000 this…
The cryptocurrency market is highly unpredictable, and the price of Bitcoin, price of Ethereum, Wallitt IQ (WLTQ)and the price of Solana. On the other hand, if Donald Trump wins the US presidential election, his policies on crypto regulation could bring major changes to the crypto industry, perhaps for the better. WallitIQ (WLTQ) leads a new era of investing Securing transaction fees is a concern. Wallitt IQ (WLTQ)However, we alleviate that stress by allowing users to cover these charges directly from their own assets. WallitIQ (WLTQ)’s ability to cover gas fees helps simplify cryptocurrency exchanges, so users can focus on trading…
It happened again. Bitcoin price exceeded $70,000 for the first time since June.The largest cryptocurrency by market capitalization rose 3% on the day to $70,100, according to CoinGecko data.This asset rally comes as investors are turning their attention back to newly approved exchange-traded funds (ETFs), offering a regulatory boost to institutional investors who were previously too cautious to buy assets on exchanges. This will provide an avenue for exposure to cryptocurrencies.Investors poured billions of dollars into new investment vehicles this month following a hiatus earlier this year.These products are so popular that they sold more than $20 billion this year.…
Digital asset management firm CoinShares said institutional investors poured nearly $1 billion into crypto products last week. In its latest digital asset fund flow report, CoinShares said institutional inflows into crypto investment products surged last week, reaching a net $901 million. “Digital asset investment products saw inflows of US$901 million, making this month's inflows accounting for 12% of total assets under management, making it the fourth largest inflow month on record.” Total inflows this year are now: This amounted to US$27 billion, almost three times the record inflow of US$10.5 billion in 2021. ” Source: CoinShares/Digital Asset Fund Weekly Flow…
XRP was trading at $0.5169 on Monday, with the price barely moving compared to the previous day. Former SEC Enforcement Counsel LaDan Stewart criticized the SEC and the Biden administration's approach to cryptocurrency regulation. Stewart said there are people interested in working with regulators, but he feels it's not possible. Ripple (XRP) is steady above $0.5100 on Monday. The XRP Ledger’s native token did not have any significant price changes during the day. Former SEC attorney LaDan Stewart shares his thoughts on crypto regulation, the agency's approach, and his experience on both the industry and regulatory sides, according to a…
The cryptocurrency market is rising as follows. donald trumpThe probability of an election continues to rise. cryptocurrencyprice Gain +/-Bitcoin BTC/USD $69,526.75+2.6%Ethereum ETH/USD $2,506.32+0.7%Solana Sol/USD $176.00-0.4%dogecoin doge/usd $0.1577+11.6%Shiba Inu SHIB/USD $0.0000178+4% Notable statistics: According to IntoTheBlock data, large transaction volume decreased by 11.1% and daily active addresses decreased by 11.6%. Transactions over $100,000 fell from 6,085 to 5,505 in one day. Exchange net flows fell by 57%. According to Coinglass data, 64,482 traders were liquidated in the past 24 hours, with a total liquidation amount of $153.8 million. Metaplanet revealed that it purchased an additional 156.78 BTC. VanEck, head of digital…
In just the past week, over $750 million worth of Ethereum has been withdrawn from major cryptocurrency exchanges. This trend often suggests that investors are choosing to hold for the long term rather than preparing to sell. Altcoin daily trading volume also surged by more than 80%, according to data from CoinMarketCap. Ethereum’s exchange reserves continue to decline CryptoQuant data highlights the sharp decline in Ethereum's foreign exchange reserves, which have recently fallen from more than $42 billion to around $38.9 billion. This move reflects over $4 billion of ETH being withdrawn from exchanges. Read more: Ethereum (ETH) Price Prediction…