appleandroid
light

Language

  • English
  • Română

Currency

  • $ USD
  • € EUR
news-imageOctober 8, 2024

Solana, XRP Record Inflows From Institutions As Bitcoin, Ethereum Bleed, What's Going On?

In a surprising move, investment funds based on other altcoins failed to follow in the footsteps of crypto giants, with Solana, XRP, Cardano, and Litecoin witnessing inflows during the week. The latest weekly report on digital asset investment funds by CoinShares depicts a trend of weaker investment sentiment among institutional investors.
Publisher: Bitcoinist
Sentiment: Positive
BTC
ETH

More News Articles

Neutral
cover-imageNewsBTC
October 8, 2024

Only 43 Tokens Have Outperformed Bitcoin This Year, Most Of Them Memecoins

In a year marked by significant volatility in the cryptocurrency market, memecoins have emerged as key players, outperforming Bitcoin (BTC) and the rest of the largest cryptocurrencies in the ecosystem. This trend was underlined by recent insights from market expert Miles Deutscher, who highlighted a presentation by memecoin analyst Murad at the TOKEN2049 conference in Singapore.

Positive
cover-imageThe Currency Analytics
October 8, 2024

Analyst Predicts XRP Could Soar to $12 as Third Macro Wave Approaches

Macro technical analyst Chetan Gurjar unveiled a compelling projection for XRP, suggesting that the cryptocurrency could soon witness a significant price surge, potentially exceeding the $12 mark. This forecast is rooted in Elliott Wave Theory (EWT), which posits that XRP is on the brink of entering its third macro wave—a phase often characterized by explosive price action.

Positive
cover-imageBitcoin
October 8, 2024

Canary Capital Files SEC Registration for XRP ETF

Canary Capital Group LLC has officially submitted a registration with the U.S. Securities and Exchange Commission (SEC) for its proposed Canary XRP ETF, aimed at providing investors with exposure to XRP. The exchange-traded fund (ETF) is designed to give investors an option other than directly holding XRP, making access easier through traditional brokerage platforms.

Positive
cover-imageCrypto Briefing
October 8, 2024

Canary Capital files for XRP ETF with SEC filing

Canary Capital files for an XRP ETF with the US SEC, giving investors new opportunities to access XRP via traditional financial markets. The post Canary Capital files for XRP ETF with SEC filing appeared first on Crypto Briefing.

Positive
cover-imageCoinPedia
October 8, 2024

MicroStrategy Overtakes Bitcoin With 1,208% Gains: Report

MicroStrategy, the largest corporate Bitcoin (BTC) holder, is gaining significant attention from crypto enthusiasts not just for its continuous BTC acquisitions but for its impressive returns, which have outperformed Bitcoin. Despite the ups and downs in price due to market uncertainty, BTC has struggled to gain momentum.

Positive
cover-imageCryptopolitan
October 8, 2024

Coinbase users can now send BTC to Taproot addresses

Crypto exchange Coinbase has announced it will now make Bitcoin (BTC) transactions easier and seamless for users on its platform. Announcing the development on X platform, Coinbase said that users can now send their BTC to Taproot addresses, enhancing their ease of transacting.

Positive
cover-imageCryptoSlate
October 8, 2024

Ethereum staking defies market trends with robust growth in 2024

Ethereum staking continues to grow this year despite the emergence of spot exchange-traded funds (ETFs) and the digital asset's price relative price weakness. On Oct. 8, blockchain analytics firm IntoTheBlock reported that Ethereum staking rose by 5.1% this year, with 28.89% of the total ETH supply now staked, up from 23.8% in January.

Positive
cover-imageThe Currency Analytics
October 8, 2024

Will Bukele's Visit Propel Argentina Toward a Bitcoin Future

Welcome to Latam Insights Encore, your go-to source for the latest economic and cryptocurrency news in Latin America. In this edition, we focus on President Nayib Bukele's official visit to Argentina and what it might mean for the country's cryptocurrency landscape under President Javier Milei.

Negative
cover-imageBenzinga
October 8, 2024

Bitcoin, Ethereum, Dogecoin Trade Lower As China Stimulus Deters Hopes: 'Perspective Is Key, Bitcoin Is Doing Great,' Says Trader

Cryptocurrency markets are trading lower as China's stimulus measures came in lower than expected. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $62,017.71 -1.7% Ethereum (CRYPTO: ETH) $2,429.76 -0.09% Solana (CRYPTO: SOL) $142.62 -2.4% Dogecoin (CRYPTO: DOGE) $0.1066 -3% Shiba Inu (CRYPTO: SHIB) $0.00001712 -3.7% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 81.4% and daily active addresses growing by 15.2%.

Positive
cover-imageCryptopolitan
October 8, 2024

Is MicroStrategy's Bitcoin strategy working? MSTR hits $196 near ATH

Diversified cloud-based services provider MicroStrategy's shares traded at $196 earlier today, 2% shy of its all-time high, supported by its Bitcoin acquisition strategy adopted in 2020. According to its latest filing last month, the company now holds 252,220 bitcoins which represents 1.2% of the overall Bitcoin supply.

Neutral
cover-imageThe Currency Analytics
October 8, 2024

Bitcoin Traders on Edge as Key CPI Data Looms—Will Inflation Ignite the Next Rally

Bitcoin hovers around the $60,000 mark, traders and analysts are focusing on this week's U.S. Consumer Price Index (CPI) data to gauge its potential impact on cryptocurrency markets. A key measure of inflation, the CPI could influence the Federal Reserve's decisions on interest rates, which in turn could significantly affect Bitcoin and other risk assets.

Negative
cover-imageNewsBTC
October 8, 2024

Bitcoin Price Manipulation Linked To HBO's Satoshi Revelation, Expert Cautions

After days of anticipation, HBO is set to release its highly awaited documentary exploring the true identity of Satoshi Nakamoto, the enigmatic creator of Bitcoin (BTC). While many are eager to uncover the individual behind this pseudonym, one expert warns that the documentary could lead to significant price manipulation in the Bitcoin market before its release.

Positive
cover-imageBenzinga
October 8, 2024

Bitcoin, Ethereum, Solana Projected To Surge By 2025, Regardless Of Election Outcome: Report

Standard Chartered's Global Head of Digital Assets Research Geoff Kendrick predicts a potential increase in the value of Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH) and Solana (CRYPTO: SOL), irrespective of who wins the U.S. election. What Happened: Kendrick's projections include a potential quadrupling of Ether and a tripling of Bitcoin's value under a Trump administration.

Positive
cover-imageBloomberg Markets and Finance
October 8, 2024

Bitwise Files for XRP ETF

Wall Street's ETF disruptors are once again pushing regulators to open up the crypto boom to the masses after Bitwise Asset Management Inc. became the first to file for a fund that invests directly in XRP, the world's seventh-largest digital token. Bloomberg News' Isabelle Lee has more.

Neutral
cover-imageCoinPedia
October 8, 2024

XRP News: Ripple Burns 470 Million RLUSD Stablecoins Amid Beta Project Testing

Ripple recently conducted multiple burns of Ripple USD (RLUSD) stablecoins after minting almost 50 million RLUSD over the last week. This series of burns came amid Ripple's warnings to the community about scammers attempting to exploit the still-in-beta project. Ripple remains focused on keeping the launch secure as it continues testing its new stablecoin initiative.

Next Page 1