BlackRock’s spot Ether ETF amasses nearly $900M since launch
BlackRock’s iShares Ethereum Trust, known also as ETHA, has almost hit $900 million in total inflows after just 11 trading days. Go to Source
Black Monday
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Markets blow up, so ‘the best prep is to have a plan to buy fear and sell euphoria’ — Veteran trader
Pear Protocol founder HUF says “a limited pool of capital constantly rotating between narratives” is a clear sign of “late cycle behavior.” Go to Source
Robinhood says its 24-hour trading ‘currently operating’
Introduced in May 2023, the Robinhood 24-hour market service allows customers to invest on their own schedule. Go to Source
Crypto products shed $528M amid recession fears — CoinShares
As Bitcoin dropped below $50,000, analysts expect more outflows that would potentially drive prices down to $42,000. Go to Source
US Inflation Data Eases Concerns; Crypto Economy Jumps 11% Higher While Market Analysts Anticipate Fed’s Next Decision
The U.S. Labor Department released the consumer price index (CPI) report on Tuesday. Although inflation increased in February year-over-year, the rise was expected, and the annual inflation rate for all items was 6%. The cooling inflation has eased some concerns, but fears of financial contagion have spread. Market strategists are further anticipating the U.S. central … Read more
‘Black Monday’ Shows Bitcoin Isn’t As ‘Dangerous’ As Regulators Claim
Looking at mainstream media headlines over the past few weeks shows a lot of columnists and pundits have declared that ‘bitcoin’s bubble has burst.’ They always claim that it’s much safer to invest in traditional investments like equities or the stock market while at the same time highlighting cryptocurrency’s volatile price swings. However, on Monday, … Read more
