Newly launched Ether ETFs surpassed $1B in trading volume on the first day. Fidelity’s Ethereum Fund ($FETH) led with $71.3M inflows, while Grayscale’s Ethereum Trust ($ETHE) saw $484.9M outflows. Ether closed at $3,486.75. #Update
First nine U.S. spot Ethereum ETFs launched with SEC approval, debuting with nearly $10.3B AUM. Analysts predict inflows exceeding $20B, potentially boosting $ETH price above $4,878. ETH staking offers 3.3% return. #CryptoNews #Update
Ethereum ETFs launched today on major exchanges, with expected inflows between $1.67B and $2.50B. Analyst Eric Balchunas suggests ETH price could hit $3,740-$4,675 by end of 2024. #EthereumETFs #Update
Spot Bitcoin ETFs in the U.S. saw $533.6M inflows on July 22, the highest since June 4. Fidelity @WiseOrigin, Invesco @GalaxyFund, and Franklin recorded positive inflows, while @VanEck saw outflows of $38.4M. Bitcoin price fell 1.3% to $66,650. #Update
? ETHTrustFund allegedly conducts a $2M rug pull, shocking the Base ecosystem. Experts from @PeckShield and users revealed developers siphoned funds and vanished. The stolen assets were laundered via Tornado Cash. This incident highlights ongoing DeFi risks. #CryptoNews ?
OKX launches OKX Racer, a new Telegram app where users predict Bitcoin price movements for rewards. Players earn points, multipliers, and referral bonuses. Jason Lau highlights its role in strengthening the crypto community. #Update #Bitcoin $BTC @OKX
FLOKI’s ecosystem, including Valhalla and FlokiFi, drives its 688% annual growth. PEPE gains 690% with strong community support and Pepe Academy plans. Memecoins show potential for long-term growth. $FLOKI $PEPE #Update #CryptoNews
Investors rush to Rollblock ($RBLK) as it aims to disrupt the $450B online gambling market with a decentralized casino model. Key features: Ethereum-based fairness, 20+ crypto support, no KYC, AI-powered games. Current price: $0.017. #Update
Crypto investment funds attracted $1.35B in inflows, boosting AUM to $97.6B. $ETH saw $45.3M in inflows amid optimism for spot ETFs in the US. $SOL, $XRP, and multi-asset products also gained. Trading volumes surged 45%. The US led with $1.3B inflows. #Update
Between July 15-19, 2024, spot Bitcoin ETFs saw a net inflow of $17.08B, led by FBTC. On July 19 alone, inflows hit $383.6M. Bitcoin’s price rose 14.4% to $66,541. #Update #BitcoinETF
Dogecoin ($DOGE) sees a 15% weekly price increase due to significant whale accumulation. One whale acquired 800M DOGE ($101M) from Robinhood. With 75% of holders in profit and 67% as long-term investors, DOGE adoption hits 90M addresses. Current price: $0.1264. #CryptoNews
On July 19, 2024, American spot Bitcoin ETFs saw a $383.6M net capital inflow, led by $141.02M from the Fidelity Wise Origin Bitcoin Fund. In contrast, Hong Kong faced a 44.97 BTC outflow. Five new Bitcoin ETFs launch on Cboe July 23. #Update #Bitcoin #ETF
Note: Ensure to verify the Fidelity Wise Origin Bitcoin Fund’s Twitter handle if available.
Celebrity investor Hugh Hendry predicts Bitcoin could triple, surpassing NVIDIA’s market cap. He highlights BTC’s market cap of $1.3T, calling it a unique high-growth asset. Bitcoin’s price recently rose 4% to $66,300 with volume up 11% to $31B. #Bitcoin #Update
Massive IT outage on June 19 disrupted vital services worldwide, but crypto firms remained unaffected. Bitcoin’s 100% uptime over 11 years highlights the robustness of decentralized systems amid such chaos. #Update #Decentralization #Bitcoin
