Bitcoin price will benefit from rising hashrate, US inflation fears and crypto-friendly presidency
Bitcoin’s upcoming price recovery will be driven by a handful of unique factors. Go to Source
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Bitcoin Supply Held By New Investors Hits 2-Year High Amid ETF Inflows
The percentage of Bitcoin supply held by addresses that bought within the last 12 months has reached its highest point in two years, signaling renewed interest from newer investors. This surge has been driven in part by a significant inflow of capital into Bitcoin exchange-traded funds (ETFs). According to data from @intotheblock, Bitcoin ETFs saw … Read more
‘We’re Heading to 6-Figure Bitcoin’ — What’s Driving This Bold Prediction
Bitcoin could reach six figures sooner than expected, driven by surging institutional flows into exchange-traded funds (ETFs), economic instability, and the U.S. presidential election, according to the chief investment officer of asset management firm Bitwise. The executive highlights factors like growing GOP support for cryptocurrencies and inflation concerns pushing investors toward BTC. With regulatory clarity … Read more
Freedom Factory unveils ethOS mobile hardware for Ethereum ecosystem
Users must first mint a non-fungible token on the Base layer-2 network to redeem the NFT for the upcoming crypto-native device. Go to Source
US lagging behind in global stablecoin adoption — Chainalysis
Growing demand for US dollar-backed stablecoins and regulatory uncertainty in the US are the key reasons for stablecoins thriving in other jurisdictions. Go to Source
First major step taken toward XRP ETFs: CME director
After the launch of spot Bitcoin and Ether ETFs, investors eagerly await the potential debut of XRP and Solana ETFs, which could significantly impact crypto markets. Go to Source
Bitcoin open interest soars to one-year high as BTC price rallies toward $68K
Demand for leverage in BTC futures jumped to $38 billion, but traders appear well-positioned enough to avoid surprise price swings. Go to Source
Monochrome Asset Management Launches Ethereum ETF in Australia
Monochrome Asset Management has announced the launch of the Monochrome Ethereum ETF (IETH), marking Australia’s first exchange-traded fund (ETF) that provides direct access to ethereum. Trading under the ticker ‘IETH’ on Cboe Australia, the ETF will be available on most Australian brokerage platforms, allowing local investors to gain exposure to ethereum through a direct-holding structure. … Read more
US spot Bitcoin ETFs see $556M inflows in biggest day since June
More than half a billion dollars flowed into spot Bitcoin ETFs in the US as the cryptocurrency topped $66,000. Go to Source
Australia’s first ETF directly holding Ether goes live
The Monochrome Ethereum ETF (IETH) went live on Cboe Australia on Oct. 15, following the issuer’s launch of a spot Bitcoin ETF in June. Go to Source
