Qubetics’ QubeQode Innovation, Near Protocol’s Web3 Vision, and SUI’s Scalability Revolution: Best Cryptos to Buy in December 2024
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Bitcoin Sees $430M in Outflows as Market Responds to Fed’s Hawkish Stance
There has been a sharp reversal in digital asset investment trends as outflows reached $415 million after 19 consecutive weeks of inflows post-US election. During this period, inflows totaled $29.4 billion, significantly outpacing the $16 billion amassed in the first 19 weeks of US spot ETF trading since January 2024. CoinShares Head of Research James…
Bitcoin ETFs ‘Hanging In There’ Despite Price Plunge: Analyst
US-based spot Bitcoin exchange-traded fund (ETF) holders are showing relatively firm conviction despite a four-month Bitcoin downtrend, according to ETF analyst James Seyffart. “The ETFs are still hanging in there pretty good,” Seyffart said in an X post on Wednesday. While Seyffart said that Bitcoin (BTC) ETF holders are facing their “biggest losses” since the…
Bitcoin (BTC) Price Prediction: 2 Indicators Hint Bearish Regime Shift as Powell’s Jackson Speech Nears
Key bitcoin indicators are signaling a potential shift to a bearish market regime as traders await Federal Reserve Chairman Jerome Powell’s remarks at the Jackson Hole Symposium. The first one is the 180-day call-put skew derived from options trading on Deribit, the largest crypto options exchange by volume and open interest. As of writing, the…
Leah Wald’s Sol Strategies Reinvests FTX Funds in Solana Expansion – BitRss – Crypto World News
1 min – Around 2 mins mins to read Key Points: The company formerly Cypherpunk Holdings bought more Solana tokens with capital recovered from FTX. HODL is up over 13% over the past five days. Leah Wald’s Sol Strategies reinvests FTX windfall of $600K USDC into Solana, increasing SOL holdings to $21.6M and continuing support…
XRP Ledger Halted For 1 Hour – Ripple CTO Responds
The XRP Ledger (XRPL) experienced a network halt that lasted for just over an hour before successfully resuming operations, according to statements published by Ripple’s Chief Technology Officer, David Schwartz. The incident, which took place on February 4, saw the ledger freeze at block height 93927174 for 64 minutes before validators successfully rebooted it at…
Economic Volatility, Elections and Additional Surprises in 2024
2024 has had no shortage of events that have fueled volatility and sweeping changes across financial markets. Whether it is ongoing wars, the elections in Europe or the United States, economic turmoil, or residual inflation, investors have not had to look very hard for drama. The upcoming Finance Magnates Pacific Summit (FMPS) will be taking…
