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Ethereum Shatters Inflow Records, Pulls in $2.12 Billion in a Week

Ethereum led digital asset inflows last week as it recorded a staggering $2.12 billion. The figure was nearly double its previous record. This surge helped push total digital asset investment product inflows to an all-time weekly high of $4.39 billion, surpassing the prior record of $4.27 billion set after the US presidential election in December […]

Bitcoin Volatility Incoming? 3 Things That Could Influence Crypto Markets in the Week Ahead

Crypto markets are hovering around an all-time high of $4 trillion, with altcoins showing the most promise at the moment. Last week’s economic data confirmed that the US economy continues to show health and improvement, with a rebound in retail sales and a fall in jobless claims. Additionally, CPI and PPI reports showed that core […]

Litecoin Skyrockets by Double-Digits, Bitcoin Price Stalls at $118K: Weekend Watch

Bitcoin’s relatively dull price actions in the past few days continued during the weekend by standing at around $118,000. Several altcoins have performed significantly better since yesterday, with LTC jumping by 13% to over $115. BTC Calms at $118K The primary cryptocurrency started its impressive ascent in the previous business week when it finally broke […]

Is the BTC Rally Driven by Spot or Leveraged Demand? Glassnode Weighs In

The past 24 hours have witnessed bitcoin (BTC) record all-time highs (ATHs) again and again, with the latest being at almost $119,000. While it is evident that institutional demand and whale movements are driving this rally, analysts have identified another cohort of investors who have contributed to the surge. According to a tweet by the […]

Bitcoin Forces Global Policy Trilemma on Central Banks

“Bitcoin has effectively cornered the world’s central banks, and there is no way out,” said author Adam Livingston on July 9. He added that the banks face an “unprecedented challenge,” in that they cannot print Bitcoin to defend their currency, which creates a “policy trilemma.” Policymakers essentially have three choices: they can raise interest rates […]

BlackRock’s Bitcoin ETF ‘Machine’ Outearns Legendary S&P 500 Fund: Details

The BlackRock iShares Bitcoin Trust (IBIT) has achieved a remarkable milestone by generating more annual fee revenue than the firm’s flagship S&P 500 tracker, despite being much smaller in size. The crypto fund generates an estimated $187.2 million in annual fees from its $75 billion in assets with a 0.25% expense ratio. In contrast, the […]

The US is About to Get its First Solana Staking ETF This Week

The REX-Osprey Solana Staking ETF will be launched on July 2 under the ticker SSK as the first US ETF allowing investors to earn rewards by staking Solana tokens to validate blockchain transactions. The new yield-chasing crypto fund tracking Solana has been cleared for debut, according to Bloomberg, citing a person familiar with the matter. […]