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Bitcoin ETFs rebounded on October 11th with a staggering $253.6 million in inflows, led by large funds from Fidelity and ARK 21Shares. Ethereum ETFs, on the other hand, showed little movement, highlighting the stark contrast in investor interest. Bitcoin ETFs recover with large inflows The US Spot Bitcoin Exchange Traded Fund recorded net inflows of $253.6 million on October 11, after three consecutive business days of withdrawals. According to data provided by Farside Investors, the ARK 21Shares Bitcoin ETF received $97.6 million and the Fidelity Wise Origin Bitcoin Fund received $117.1 million, marking the best performance among…

advertisement In a significant move to strengthen its position in the digital asset infrastructure space, Ripple announced a significant expansion of its custody services. The San Francisco-based blockchain company announced a series of new features for Ripple custody on Wednesday. This feature aims to provide bank-grade tools to fintech and crypto-native businesses. The move comes days after global financial messaging system Swift announced plans to support regulated digital assets in its global payments services. Although Swift’s announcement did not specifically mention XRP, it prompted speculation about which digital assets would be included and highlighted the growing integration of blockchain technology…

advertisement According to CoinShares’ latest weekly report, inflows into crypto products increased significantly last week. These inflows coincided with a recovery in crypto prices, with Bitcoin (BTC) and most altcoins rising. These inflows mark the third consecutive week of positive data for crypto investment products. The report attributes the positive trend in data to U.S. macroeconomic events. Interest in risk assets increased after the US Federal Reserve cut interest rates earlier this month. Dovish monetary policy led to a 6.2% increase in total crypto assets under management last week. Bitcoin had the most inflows, reaching around $1 billion in the…

A closely watched cryptocurrency strategist and trader believes a Bitcoin (BTC) rally is just around the corner. Pseudonymous analyst Immortal told his 216,500 followers on social media platform X that Bitcoin appears to be mirroring its 2023 price trend. At the time, Bitcoin consolidated below $30,000 and then went on a parabolic rally to new all-time highs. The immortal says, “365 days ago today, we were trying to draw a parabola. Copy from October 2023 to October 2024. Bitcoin. ” Source: Immortal/X Zooming out, analysts said Bitcoin appears to be in the final stages of consolidation following this year’s halving…

Just like with BONK in 2023 and Dogecoin (DOGE) in 2021, crypto enthusiasts are once again excited about Intel Market (INTL), a new budget-friendly project. It is an AI-based cryptocurrency exchange that offers unique features. Improve your trading experience. Investors are participating in Intel Market’s ongoing pre-sales, giving them the opportunity to earn huge profits and access its robust features at very low costs. If you want to know more, keep reading. A journey through BONK’s impressive 2023 performances BONK led the cryptocurrency market in 2023, a few months after its launch on December 25, 2022. The meme coin shocked…

We recently compiled a list of the 8 most profitable blue chip stocks to invest in. In this article, we’ll take a look at how NVIDIA Corporation (NASDAQ:NVDA) stacks up against other profitable blue-chip stocks.September’s inflation report was better than expected, showing that inflation remains strong. Headline inflation rose 2.4%, slightly above expectations of 2.3% and down from 2.5% in August. Month-on-month, the CPI rose by 0.2%, exceeding expectations of 0.1%.The core inflation rate, which excludes food and energy, also exceeded expectations at 3.3%, compared to the expected 3.2%, marking a slight increase from August. On a monthly basis, core…

Cryptocurrency fraud cases are common, and some of the most vocal and well-known leaders in the field have faced serious legal troubles in recent years. you know the name: Sam Bankman Freed sentenced to 25 years Chao Changpeng released after 4 months Nader Al Naji arrested (if convicted) could face up to 20 years in prison Arthur Hayes , 6 months home confinement Mr. Do Kwon arrested, possible 6 months in prison, could also be serious prison sentence Mark Karpeles, in Japan due to Mt. Gox’s legal troubles Arrests Alex Mashinski, arrested in 2023 and currently on trial Charlie Shrem,…

Ethereum has reigned supreme in the Web3 space for many years. But the tide is flowing much faster. Solana’s incredible speed and scalability are establishing Ethereum’s Web3 advantage. But it is a new DeFi underdog, Lunex Network, that is staging a coup to upend Ethereum’s rules with its innovative smart contract-backed AMM DEX. Will Ethereum’s price survive this intense competition and maintain its advantage over Solana and the new Lunex Network? The battle for the future of Web3 continues, especially with the large number of innovative Web3 encryption projects being rolled out every day. The stakes have never been higher.…

First of all, Neiro, Mogcoin, and Sui are the biggest winners this week. FTX, Kaspa, and Wormhole posted the biggest losses this week. Last week saw significant volatility in the cryptocurrency market, with some tokens posting impressive gains while others suffered significant losses. Among the best-performing cryptocurrencies, First Neiro On Ethereum (NEIRO) emerged as the biggest gainer with an increase of over 100%. Meanwhile, FTX token (FTT) and Kaspa (KAS) experienced notable declines and led the losers. biggest gainer First color on Ethereum (NEIRO) First Neiro On Ethereum (NEIRO) had a great week, becoming the top gainer among the largest…

The crypto and ETF markets are poised for a major shake-up with the introduction of spot Bitcoin ETF options, which are expected to increase Bitcoin price volatility. Jeff Park of Bitwise Investments predicts that these spot Bitcoin ETF options will garner a lot of interest from investors and will drive BTC price movement. In this environment, WallitIQ (WLTQ), an Ethereum-based token priced at just $0.0171, has quickly emerged as a promising investment with an impressive ROI of 15,005%. WallitIQ (WLTQ): An innovative AI-driven crypto wallet The core of the WallitIQ (WLTQ) ecosystem is a native utility token built on the…