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BlackRock’s spot Ether ETF clocks $60.3M inflows, the highest in 94 days

The significant daily inflow into BlackRock’s spot Ether ETF comes as Ether’s price has seen its biggest weekly gains since May 2024. BlackRock, the world’s largest asset manager, has seen the highest daily inflows into its spot Ether exchange-traded fund (ETF) in 94 days. BlackRock’s iShares Ethereum Trust ETF (ETHA) clocked $60.3 million in inflows…
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How high can Bitcoin price go before Trump’s inauguration?

Several Bitcoin price analysts see BTC trading between $100,000 and $200,000 just before and after Trump’s inauguration. Bitcoin is in price discovery, hitting a record high of $76,990 on Bitstamp just days after Donald Trump emerged victorious in the United States presidential election. Several analysts predict further Bitcoin highs as market participants anticipate a more crypto-friendly business…
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Bitcoin can go ‘parabolic’ with BTC price weekly close above $71.5K — Analysis

Bitcoin is inches from the most rapid gains in its latest bull market, BTC price analysis concludes. Bitcoin will confirm its “parabolic phase” if BTC/USD delivers a weekly close above $71,500. That is according to the popular trader and analyst Rekt Capital, who, in one of his latest X posts, called time on BTC price consolidation. BTC…
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Ethereum is like ‘Amazon in the 1990s’ — 21Shares

“Just as Amazon evolved beyond books to redefine entire industries, Ethereum may also surprise us with revolutionary use cases that we can’t fully envision today,” one 21Shares executive said. Wall Street investors are still largely unaware of Ethereum’s potential, akin to Amazon in the early nineties before it became a $2 trillion tech giant, according…
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Alibaba reportedly cuts dozens from metaverse unit

The Chinese e-commerce giant has become the latest to slash resources for metaverse development as the focus shifts to AI. Chinese e-commerce giant Alibaba is reportedly scaling down its metaverse operations, joining other tech giants that have reduced resources from the once hyped-up sector. Dozens of employees at Alibaba’s metaverse division have been axed as…
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Wiz Khalifa’s X account apparently hacked to promote sham memecoin

The X account of rapper Wiz Khalifa was reportedly hacked, with posts shilling a memecoin called “WIZ,” which is now trading at a value of less than $10,000. The X account of rapper Wiz Khalifa is believed to have been hacked on Nov. 3, after the account posted a scam memecoin to the rapper’s 35.7…
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Stablecoin supply alone won’t pump Bitcoin markets — Ki Young Ju

Stablecoins are now primarily used to store value in countries with rapidly depreciating fiat currencies or prohibitive capital controls. As Bitcoin  hovers around the $70,000 price level, investors and analysts debate the specific catalysts that will send markets higher. CryptoQuant founder and CEO Ki Young Ju recently explained that while stablecoin supply continues to grow,…
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Bitcoin price peels back from its weekly high, but BTC derivatives markets look good

Wider economic and stock market-related issues are impacting Bitcoin’s softening price, but futures market data shows traders still feel bullish. Bitcoin’s price momentum has cooled since the Oct. 29 rally toward the all-time high, but the derivatives market continues to project traders’ optimism in a price recovery. The analysis of Bitcoin futures and options markets suggests…
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Off The Grid drops ‘insane’ Trump and Harris outfits before US election

Gaming commentators noticed the voice clip of the character that resembles Kamala Harris, where she calls out a “one percenter” and says they should be taxed. Third-person battle royale shooting game Off The Grid has released new character skins resembling the two candidates in the upcoming United States presidential election, leaving gamers calling the move…
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Crypto voters guide to Congressional legislation for the 2024 election

The 2024 United States elections will be held on Nov. 5, as digital asset policy becomes a growing concern among pro-crypto voters. As the 2024 US elections draw closer, digital assets have become a political issue for the first time, as industry executives and advocates apply pressure on candidates to pass pro-industry policies and embrace…
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