Bitcoin ETFs Surge: Positive Inflows and New Opportunities in the Market
TL;DR U.S. spot Bitcoin exchange-traded funds (ETFs) recorded net inflows of $158 million on Thursday, a turnaround from net outflows of $52 million the previous...
Tag : Crypto Market
Bitcoin Supply Decline Among Short-Term Holders Limits Price Breakout Potential; Market Dominance Hits 54.9%
TL;DR There is a notable decline in Bitcoin supply among short-term holders, the lowest since 2012, while long-term holders are increasing their share. The lack...
Silvergate Capital Bankruptcy Reveals Crypto Market Risks and Financial Sector Vulnerabilities
by Fernando
TL;DR Silvergate Capital filed for bankruptcy on September 18, 2024. The entity, which had shut down in March 2023, will not compensate common shareholders. The...
Phantom Wallet Introduces Seamless Token Swaps with Mayan Finance
by jose
TL;DR Phantom Wallet partners with Mayan Finance to enable seamless token swaps between Ethereum and Solana, simplifying cross-chain transactions for users. Users can now bridge Ethereum...
Bitcoin Holders Remain Steadfast as Exchange Activity Hits Multi-Year Low
TL;DR Bitcoin is still struggling to surpass $60,000 but has not triggered massive sell-offs. Exchange activity has decreased, with 19% fewer deposits over the last...
World Liberty Financial Appoints Sandy Peng as Advisor
by jose
TL;DR Sandy Peng Joins WLFI: World Liberty Financial (WLFI) appoints Sandy Peng, co-founder of Scroll, as an advisor, enhancing their team with her extensive crypto...
Tether Appoints Jesse Spiro as Head of Government Affairs
by jose
TL;DR Tether appoints Jesse Spiro as Head of Government Affairs to lead policy and engagement efforts with lawmakers, regulators, and key stakeholders. Spiro brings extensive experience from...
Solana Trader Turns $80K into $1.2M, Then Loses It All
by jose
TL;DR Massive Gains: Trader XCkM turned an $80,000 investment into $1.2 million by investing in the AURA meme coin. Significant Losses: Holding onto AURA for...
Arthur Hayes Warns of Bitcoin Risks as Japanese Yen Strengthens
by Fernando
TL;DR Arthur Hayes warns of risk to Bitcoin due to the strengthening of the Japanese Yen and the potential unwinding of carry trades. The recent...
Onramper Launches Off-Ramp Service to Simplify Crypto-to-Fiat Conversions
by jose
TL;DR Onramper launches “Offramper”: A new service to help users securely and seamlessly convert cryptocurrency holdings into fiat currency, integrating leading off-ramp providers for global...