US exchange-traded funds (ETFs) for Bitcoin and Ether are seeing record demand, following President-elect Donald Trump’s promise to ease regulations on the crypto industry. In November, Bitcoin ETFs attracted $6.5 billion, while Ether ETFs drew $1.1 billion, marking significant inflows. The interest in Ether highlights a growing appetite for digital assets among investors. Notably, BlackRock ...
Blockchain technology is changing how industries operate, shifting from traditional centralized models to a decentralized Web3 system. This transition allows users to have more control over their digital identities and assets, potentially creating fairer revenue distribution for creators. A recent example is Justin Sun’s purchase of Maurizio Cattelan’s artwork using cryptocurrency, highlighting the growing acceptance ...
XRP has recently surged into the limelight, surpassing Tether to become the third-largest cryptocurrency, now valued at $138.675 billion. This impressive growth comes after a 30% rise in price to $2.44 and a remarkable 375% increase in just a month, driven by regulatory optimism and potential product launches. Key developments, such as a possible stablecoin ...
On Monday, Bitcoin’s price stayed around $96,000 after recovering from a recent dip. Ethereum climbed above $3,454 and aims to reach the $4,000 mark. Meanwhile, Ripple continues its impressive performance, gaining over 60% last week and trading above $2.41. Bitcoin saw a 7% drop last week but bounced back, indicating a potential move toward its ...
Risk-averse investing in cryptocurrency may seem unlikely, but several U.S. fund providers are introducing ETFs aimed at easing these concerns. These funds will invest in bitcoin while using derivatives to protect against losses. With bitcoin’s value rising significantly this year, many investors who hesitated can now gain exposure without the same level of risk. The ...
A new wave of cryptocurrency exchange-traded funds (ETFs) aims to make investing in Bitcoin less risky. Four asset managers have proposed ETFs that use derivatives to protect against losses. As Bitcoin’s popularity rises, these ETFs could help nervous investors gain exposure without the usual volatility concerns. Options contracts recently introduced on existing Bitcoin ETFs allow ...
Justin Sun, a prominent cryptocurrency entrepreneur, recently gained attention on social media after he ate a banana artwork he purchased for Rs 52 crore, which was a banana taped to a wall. During a press conference at The Peninsula in Hong Kong, he peeled off the tape and enjoyed the fruit, declaring it “much better ...
Bitcoin balances on cryptocurrency exchanges have fallen to historic lows, indicating a significant reduction in available supply. A recent report by 10X Research underscores this trend, noting a sharp drop in the amount of Bitcoin that can be purchased. Unlike previous trends, there has been no recent influx to replenish exchange reserves, leading to a ...
The cryptocurrency Market is currently experiencing a surge, but retail investors seem hesitant to jump back in, likely due to memories of the rapid downturn during the 2021 bubble. While Bitcoin trading is increasing, experts note that interest from retail investors has not yet matched previous highs, indicating many are still watching from the sidelines. ...
The cryptocurrency Market is currently experiencing a surge, but retail investors are not jumping in like they did during the pandemic, as many remember the rapid collapse of the 2021 bubble. While interest is growing, retail trading is still below previous levels, suggesting many investors are watching from the sidelines. Institutional demand, partly fueled by ...
