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Australia Gears Up for Bitcoin ETF Wave After US, Hong Kong Approvals

Spot Bitcoin ETFs have caused a major stir in the cryptocurrency industry, unlike anything seen before. Following the US and Hong Kong, Australia is now gearing up for a series of launches of Bitcoin exchange-traded funds. The ASX has received applications from at least two organizations, and there’s another one in the pipeline Australia Braces […]

Bitcoin, Ethereum Investment Products See Outflows, Altcoins Defy Bearish Trend

Outflows in digital asset investment products continued for the third week in a row. The latest weekly outflow of $435 million marked the highest outflow since March. According to the latest report by CoinShares, the trading volumes in Exchange-Traded Products (ETPs) dropped to $11.8 billion last week from $18 billion the previous week, with Bitcoin […]

Bitcoin, Ethereum Investment Products See Outflows, Altcoins Defy Bearish Trend

Outflows in digital asset investment products continued for the third week in a row. The latest weekly outflow of $435 million marked the highest outflow since March. According to the latest report by CoinShares, the trading volumes in Exchange-Traded Products (ETPs) dropped to $11.8 billion last week from $18 billion the previous week, with Bitcoin […]

Major Shiba Inu (SHIB) Updates, Bitcoin (BTC) Price Decline, and More: Bits Recap April 29

TL;DR Post-halving, Bitcoin dipped to $62,500 but analysts foresee a rally influenced by financial institutions’ involvement and historical trends. Upgrades to Shiba Inu’s Shibarium include a new user interface and a planned hard fork to optimize transaction processes. Ripple’s ongoing SEC lawsuit and potential $100 million settlement may impact XRP’s price, with the possibility of […]

Over 45,000 Liquidated Traders as Bitcoin (BTC) Slides Below $62K and Meme Coins Bleed Out

More than 45,000 over-leveraged traders have been liquidated in the past 24 hours as the cryptocurrency market turned red again. Some of the biggest daily losers come from the ever-volatile meme coin industry, with BONK, PEPE, and FLOKI leading the adverse trend. Bitcoin/Price/Chart. Source: TradingView CryptoPotato reported the substantial gains charted by most larger-cap cryptocurrencies […]