Macroeconomic events shaped the digital assets market over the past week with significant outflows. Digital Assets Investors Reacted Negatively to U.S. Fed’s Hawkish Outlook Coinshares’ weekly digital asset fund flows report revealed that digital asset investments experienced a modest inflow of $ 48 million last week. Although about $ 1 billion came in …
New Year’s ETF Action: Bitcoin and Ether Funds Close 2024 With Modest Gains
On New Year’s Eve, the spotlight was on spot bitcoin (BTC) and ether (ETH) exchange-traded funds (ETFs), which ended the year with modest gains. Bitcoin ETFs saw inflows totaling $ 5.32 million, while ether ETFs brought in a more impressive $ 35.93 million. Ethereum ETFs Shine on Dec. 31 as Bitcoin Funds Face …
Solana Embraces a Path to Scalability: Approves Modest Block Limit Increase
Solana developers recently approved the first block increase in the blockchain’s history, signaling a commitment to maintaining network operability and scalability in preparation for the chain’s future demand. Solana Devs Pass Symbolic Block Limit Increase, Aim for Further Expansion Solana, one of the top blockchain projects in the cryptocurrency industry, has recently passed the first […]
Ethereum Rallies 7%, Outshines Bitcoin’s Modest Climb – Is the Tide Turning?
On Thursday, Nov. 21, ethereum (ETH) took the lead, climbing over 7% while bitcoin managed a 3% increase. Ether Dominance Shrinks, But Today It Steals the Spotlight from Bitcoin This year has been a rocky road for ethereum (ETH), but on Thursday, the digital asset reached an intraday peak of $ 3,362 per ether. …
Heavy Sell-Off Pushes Bitcoin to $58.8K, Cautious Buying Fuels Modest Recovery
The price of bitcoin dipped to $ 58,867 on Thursday, around 2 p.m. Eastern Time, but by 8:50 p.m. it had climbed back above $ 60,000. The initial drop reflected heavy selling pressure, but the later rebound—though slow—suggests a potential recovery might be on the horizon. Bitcoin Reclaims $ 60K After Market …