Over 2,000 United States ETFs see no inflows on any given day — something thats “very normal,” says ETF analyst James Seyffart. Bitcoin exchange-traded funds (ETFs) having days of zero inflows is completely normal and shouldn’t be misinterpreted as a failure of the products themselves, says Bloomberg ETF analyst James Seyffart. On most days, the…
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Open interest in Solana is down 21% compared to the previous day as its price dips below levels unseen in over 30 days. Solana open interest (OI) and its price have declined in the past 24 hours, mirroring a broader decline across the cryptocurrency market. However, traders are remaining optimistic, viewing it as a “good opportunity.”…
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Bitcoin miner selling could last for four to six months after the halving, amounting to as much as $5 billion worth, according to an analyst. There could be a large outflow of Bitcoin BTC tickers down $62,660 from miners in the months following the Bitcoin halving as in previous cycles, according to a market analyst.…
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The price of Bitcoin has grown 54% since the start of 2024, and only six altcoins from the top 50 have done any better. Only six altcoins among the top 50 tokens by market capitalization have managed to outperform Bitcoin so far this year, as Bitcoin dominance reached a three-year high over the weekend. The…
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A Telegram admin for BingX claims that the exchange “has no problem with Iranian users, and it is even possible to authenticate with a national card.” The BingX crypto exchange is allowing sanctioned Iranian users to evade restrictions. The exchange openly displays an Iranian version of its website, and its officials have made statements in Persian in the exchange’s…
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Bitcoin dominance charts moving sideways may be a reversal signal that could kick off altseason, say analysts. Crypto’s famed “altseason,” a time during bull markets when smaller-capitalization cryptocurrencies skyrocket in value, could be coming very soon, according to market analysts. On April 11, trader and analyst Rekt Capital observed that the altcoin market cap “has been the…
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Some crypto traders suggest waiting on the sidelines to avoid getting “rinsed by leverage,” as they can always “play catch up later.” Traders with leveraged positions in Bitcoin could be in for a nasty surprise as the cryptocurrency faces a critical crossroads, which could see the price bounce in different directions, analysts warn. “The market was…
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Key Points: Bitcoin halving event may already be priced in, driven by optimism from US ETF approval. Marathon Digital Holdings CEO Fred Thiel suggests ETF approval accelerated demand, impacting post-halving price trends. Bitcoin’s recent price corrections have been less severe, possibly influenced by the introduction of a Bitcoin ETF. Bitcoin’s upcoming halving event, a software…
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Bitcoin price could rise another 160% after the halving, hitting the $150,000 mark, according to analysts. With only 10 days left until the much-awaited halving, Bitcoin is still trading above the $70,000 psychological level, bolstering bullish long-term price predictions from market analysts. Following the halving, Bitcoin BTC $70,589 price could appreciate over 160% to reach a…
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The Solana network appears to be struggling to keep up with a ravenous demand for memecoins, with data showing roughly 75% of transactions on the network currently failing. Roughly three-quarters of all transactions on the Solana network have been failing amid a deluge of activity brought by the recent memecoin mania on Solana; however, proponents…
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