Fundstrat’s head of research, Thomas Lee, has doubled down on his bitcoin price prediction of $ 150K by year-end, post Mt. Gox distribution. He expects “a pretty sharp rebound” for bitcoin in the second half of this year, citing the resolution of the Mt. Gox overhang, potential easing of Federal Reserve policies, and the …
Synthetix Stablecoin SUSD Drops Below $1 Parity, Struggles to Rebound
Top AI Crypto Assets Rebound Despite Recent Month-Long Decline
According to the latest data, the top ten artificial intelligence (AI)-based crypto assets have experienced double-digit declines over the last 30 days. Despite the downward trend, nine out of the top ten saw a recovery this past week, recording gains ranging from 4% to 30% within seven days. AI Cryptos Rise After Suffering Heavy Monthly […]
US Spot Bitcoin ETFs Rebound With $418 Million Inflow
On Monday, the U.S. spot bitcoin exchange-traded funds (ETFs) experienced their first positive inflows, breaking a streak of five consecutive days of outflows totaling $ 887.6 million. The momentum continued into Tuesday, with the ETFs amassing $ 418 million in inflows, building on the $ 15.4 million gained the previous day. Bitcoin …
NFT Markets Rebound With 18% Rise to $106M; Bitcoin NFTs Take Second Place Under Ether’s Lead
Between October 29 and November 5, 2023, sales of non-fungible tokens (NFTs) rose by 18.30% compared to the week before, reaching a high of $ 106.32 million. This week’s NFT statistics reveal an uptick in activity, with the number of buyers and sellers climbing by 17.77% and 15.82%, respectively. NFT Market Revives With 7-Day …