News
Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.
The Bitcoin ETFs appear to have opened many institutions’ eyes to Bitcoin as an alternate asset. Will the April halving accelerate the trend?
Dencun, the biggest upgrade since the Merge, has just gone live on the Ethereum network.
Crypto investment products have smashed the yearly inflow record after just three months of trading in 2024, adding more than $12 billion globally, according to CoinShares.Inflows of nearly $1.8 billion this week alone were enough to break the prior record of $10.6 billion for all of 2021 — dominated by the success of the new U.S. spot bitcoin ETFs.
Bitcoin climbed above $73,000 following surging inflows into newly launched ETFs. ETF daily inflows reached a record $1.05 billion on March 13, surging 108% from the previous day. Bernstein’s analysts are confident Bitcoin will reach the $150,000 price target by 2025.
Two whales have accumulated a total of 348,551 UNI tokens since March 1. The AO on the UNI/USD daily chart indicated a downward momentum, suggesting a price decline. Buying pressure and a potential altcoin season could send UNI’s price to $20.
A recent downtrend in the NFT market has resulted in a decrease in the floor price for major collections such as Bored Ape Yacht Club and Pudgy Penguins.Activity in Ethereum-based NFT marketplaces has declined on a month-on-month basis, according to data from The Block.
- 05:00The current market value of cryptocurrency is 2.54 trillion US dollarsAccording to CoinGecko data, the current global cryptocurrency market value is 2.54 trillion US dollars, with a decrease of 1.7% in the past 24 hours. Bitcoin accounts for 56.3%, and Ethereum accounts for 12.6%.
- 04:57Top 5 Trending Assets: GRASS briefly surpasses $1, with a 24-hour increase of 15.60%Bitget market data, today's top 5 trending assets are GRASS, SOL, DOGS, BGB, BTC. Specifically: GRASS has increased by 15.60% in the last 24 hours and is currently priced at $1.0706; SOL has decreased by 3.07% in the last 24 hours and is currently priced at $175.15; DOGS has decreased by 3.03% in the last 24 hours and is currently priced at $0.0006075; BGB has decreased by 2.29% in the last 24 hours and is currently priced at $1.1523; BTC has decreased by 0.11% in the last 24 hours and is currently priced at $72,234.
- 04:45The US Ethereum spot ETF saw a total net inflow of 4.3576 million USD yesterday, with the ETF net asset ratio reaching 2.27%According to SoSoValue data, yesterday (Eastern Time October 30), the total net inflow of Ethereum spot ETF was $4.3576 million. Yesterday, Grayscale's Ethereum Trust ETF ETHE had a single-day net outflow of $0.00, and the current historical net outflow of ETHE is $3.083 billion. Grayscale's Mini Ethereum Trust ETF ETH also had a single-day net outflow of $0.00, with its current total historical net inflow standing at $303 million. The Ethereum spot ETF with the highest single-day net inflow yesterday was Fidelity's FETH, which saw a daily net inflow of $5.3243 million and has reached a total historical net inflow of $515 million so far. This was followed by 21Shares' CETH with a daily influx of $2.6623 million; its total historical influx now stands at approximately $2180.73 million. As of press time, the Net Asset Value (NAV) for all Ethereum spot ETFs is around USD 7.335 billion; this represents an NAV ratio (the proportion compared to the overall market value) reaching up to 2.27%. The cumulative historic outflows have already reached about USD 494 million.
