Although US ETF products have brought an astonishing amount of capital inflows to the market, the market's spontaneous spot self-holding transactions seem to be suppressing buyer pressure, which means that the current market needs more non-arbitrage demand to further stimulate prices.
JinseFinanceXRP trading volume skyrockets by 298% in 24 hours, reaching $16.41 billion across spot and derivatives markets. Price surges 16% to $0.7, reflecting growing investor confidence and engagement.
EdmundSolana's DEXs withstand a 32% DeFi volume drop, showing only a 4% dip. Despite challenges, Solana's dominance in the market grows, marking significant yearly growth. Analysts warn of a potential price decline, emphasizing the need for cautious market navigation.
SanyaBitcoin is showing signs of recovery, recording a 5.3% price pump for the past week to trade at $20,129.
BitcoinistData shows the volumes of the Bitcoin (BTC) and Ethereum (ETH) futures contracts are recording their lowest levels in nearly two years.
FinboldThe trio’s launch marks the first crypto ETFs to go live in Australia, with two of them focused on offering exposure to BTC and the other focused on ETH.
CointelegraphDespite BTIO’s growing inflows totaling $1.4 billion since the end of October, one expert puts the odds of VanEck’s bitcoin spot ETF being approved by the SEC at 1 in 200.
CointelegraphInstitutional traders have locked up $56 billion in bitcoin investment products after inflows totaled $97.5 million last week.
CointelegraphCharles Hoskinson’s blockchain is once again one of the most active networks by transaction volume, second only to Bitcoin, but that hasn’t helped ADA’s price.
CointelegraphDoes Bitcoin have further to fall? BTC calms after stocks see a situation that has happened only twice this century.
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