Crypto ETPs Surge with $47M Inflows
Crypto ETPs saw $47M inflows last week amid a Bitcoin sell-off, as macroeconomic data becomes a key driver post-US election, according to @CoinSharesCo’s James Butterfill. #Update #Crypto $BTC (+3) ↗
Deals with articles on the cryptocurrency markets, crypto investment strategies, market analyses, and trading insights.
Crypto ETPs saw $47M inflows last week amid a Bitcoin sell-off, as macroeconomic data becomes a key driver post-US election, according to @CoinSharesCo’s James Butterfill. #Update #Crypto $BTC (+3) ↗
Crypto trading volume has plummeted as ‘trading paralysis’ grips markets; top projects on Layer 1, Layer 2, meme coins, and AI hit low levels last seen on November 4th, signaling potential rebounds amid FUD. #Update #Crypto $BTC (-3) ↘
Scott Bessent, nominee for U.S. Treasury Secretary, will divest his stake in @BlackRock’s Bitcoin ETF to comply with federal ethics guidelines before President-elect Donald Trump’s inauguration. #Breaking #Crypto $BTC (+9) ↗
Scott Bessent, nominee for Treasury Secretary, disclosed a $250K-$500K investment in @BlackRock’s bitcoin ETF, promising divestment to avoid conflicts, highlighting crypto’s influence on elite portfolios and future U.S. policy decisions. #Update #Crypto (+6) ↗
New data from @SoSoValue shows Ethereum ($ETH) spot ETFs hit a record $2.103 billion in December, with Fidelity’s fund leading inflows at $1.58 billion. The SEC continues to delay approval of Ethereum spot market options. #Update #ETF $ETH (+4) ↗
Sol Strategies CEO Leah Wald told @Blockworks_ she expects delays in US approval of a Solana ETF due to regulatory challenges, while Canada might lead with an earlier approval. #Update #ETF $SOL (-3) ↘
Ethereum ($ETH), Solana ($SOL), and Polkadot ($DOT) are highlighted as top crypto investments for 2025 due to their technological advancements and market performance, with Ethereum’s transition to PoS increasing efficiency. #Update #Crypto $ETH (+6) ↗
Even with crypto markets moving sideways, projects like @IQWiki, @CarvOfficial, and $FRAX have seen substantial growth in new wallet creation this week, showcasing their increasing utility and potential for future market value rises. #Update #Crypto $IQ (+6) ↗
Cryptocurrency analyst Michaël van de Poppe predicts the altcoin market correction may end by early 2025, with $TOTAL3 chart indicating a bullish reversal. He notes $ETH/BTC and Optimism ($OP) are showing signs of accumulation. #Update #Crypto $TOTAL3 (+4) ↗
@VOOX and @0GLabs lead early 2025 crypto investments, securing $50M and $30M respectively, as 33 projects attract over $220M in funding, highlighting blockchain and AI integration’s growing appeal. #Update #Crypto (+6) ↗
Shareholders of @Meta propose converting part of the company’s reserves into $BTC, highlighting its 1262% outperformance over bonds in five years despite market volatility concerns. #Update #Crypto $BTC (+3) ↗
A savvy trader made a 16,564% profit on @ai16z by investing in Solana-based AI altcoins, including $AI16Z, $ZEREBRO, and $GRIFFAIN. The trader’s strategic moves resulted in substantial gains within three months. #Update #Crypto $AI16Z (+7) ↗
Bitcoin’s ($BTC) funding rate briefly turned negative, marking a potential local bottom as it moved back above $94,000, highlighting the impact of derivatives on price volatility. #Update #Crypto $BTC (+3) →
American crypto firms like @Ripple, @RobinhoodApp, and @Coinbase are donating millions to support Donald Trump’s inauguration, emphasizing the industry’s political influence. #Breaking #Crypto $XRP (+8) ↗