Spot Crypto ETFs: Big Gains for Some, Losses for Others—Here’s the Full Breakdown

On Thursday, spot bitcoin (BTC) and ether (ETH) exchange-traded funds (ETFs) enjoyed positive inflows during the day’s trading. Crypto ETF Inflows Jump The spot crypto ETFs managed to land in positive territory on Oct. 24. Across 12 bitcoin ETFs, sosovalue.xyz data shows inflows totaled $188.11 million, with Blackrock’s IBIT taking the lead, capturing $165.54 million. … Read more

Bitcoin Nears All-Time High As Price Momentum Builds, Mining Difficulty Hits Record Levels

Bitcoin’s spot price has continued its upward march, trading as high as $69,000, just 6.8% below its all-time high (ATH). This recent surge, driven by technical and on-chain factors, has pushed Bitcoin through several key resistance levels, marking one of the first signs of sustained positive momentum since late June. The #Bitcoin spot price has … Read more

Ether ETFs Snag Gains While Bitcoin Funds Realize $79M in Outflows

U.S. spot bitcoin exchange-traded funds (ETFs) hit a bump in the road on Tuesday, recording $79.09 million in net outflows. Meanwhile, ether ETFs turned things around, bringing in $11.94 million in net gains. Tuesday’s Crypto ETF Action The 12 spot bitcoin ETFs struggled, shedding $79.09 million overall. However, three ETFs saw a bit of sunshine. … Read more

Bitcoin Accumulation Soars: Over 2.9 Million BTC In Key Addresses As Institutional Interest Grows

The total amount of Bitcoin held in accumulation addresses has surged to over 2.9 million BTC, doubling from 1.5 million at the beginning of the year. This significant increase, achieved in just 10 months, highlights a growing interest in Bitcoin as both institutional and retail investors strengthen their positions. The total $BTC amount in #Bitcoin … Read more

Japan’s Election Heats up With Calls for Crypto Tax Cuts and Regulatory Reforms

Yuichiro Tamaki, leader of Japan’s Democratic Party for the People, is advocating for significant cryptocurrency tax reforms ahead of the general election. His party proposes a 20% tax on crypto assets and aims to promote Japan as a web3 leader. The party also supports initiatives like increased leverage for crypto trading. Tamaki believes these changes … Read more

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

JPMorgan: We Are Bullish on Digital Assets Into 2025

Global investment bank JPMorgan is bullish on cryptocurrency into 2025, driven by regulatory shifts and geopolitical tensions. Analysts suggest a Donald Trump re-election as the U.S. president could propel BTC higher, reinforcing the “debasement trade” as investors seek refuge in digital assets. With major liquidations behind and institutional support increasing, JPMorgan sees strong momentum for … Read more

Cryptoquant Data Reveals the Power Behind Bitcoin’s Latest Price Surge

Bitcoin prices have jumped by over 5%, reaching a ten-week peak at $67,800, as demand for the digital asset has climbed steadily. This increased interest comes from spot exchange-traded funds (ETFs) and significant bitcoin accumulation by large investors, commonly known as “whales,” according to research from Cryptoquant. Cryptoquant: Bitcoin Prices Surge as Demand from Spot … Read more