$9.3B stablecoin exchange inflows have traders bracing higher Bitcoin prices

$9.3B stablecoin exchange inflows have traders bracing higher Bitcoin prices
фото показано с : cointelegraph.com

2024-11-9 19:05

Stablecoin inflows to exchanges spike and Bitcoin price hits a new all-time just below $77,000 as investors prepare for a new crypto era under Trump’s presidency.

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BlackRock’s IBIT sets record $1.1 billion in daily inflows

IBIT’s new record comes as Bitcoin achieved a new all-time high of over $76,000 on November 7 Dary McGovern, COO of Bitcoin native Xapo Bank, said to CoinJournal that Bitcoin’s new record indicates a “broader shift in institutional confidence” seen by BlackRock’s record net inflows The 12 spot Bitcoin ETFs recorded a daily total net […] The post BlackRock’s IBIT sets record $1.

2024-11-9 02:05


Bitcoin Recovers Back To $57,000: Here’s What Could Be Behind This

Bitcoin has surged in the last 24 hours with its price recovering back to $57,000. Here’s what could be behind this, according to on-chain data. Exchanges Received Large Stablecoin Deposits Ahead Of Bitcoin Rally In a new post on X, the market intelligence platform IntoTheBlock has discussed about the significant stablecoin net inflows into exchanges […]

2024-9-11 03:30


Why Is Bitcoin Stagnant Despite ETF Inflows? Report Answers

Glassnode has discussed in a new report the reasons behind Bitcoin moving sideways despite inflows into the spot exchange-traded funds (ETFs). Why Bitcoin Has Been Stagnant Despite Spot ETF Inflows In its latest weekly report, the analytics firm Glassnode has talked about how the impressive inflows into the US spot ETFs have failed to make the price break its sideways trend.

2024-6-13 03:00


Rising Tide: Crypto Investment Products See $185M Inflows, May Sets New Record At $2 Billion

The crypto market is showing signs of a bullish resurgence, with reports of an impressive $2 billion in inflows for May alone.   Alongside this positive trend, Ethereum (ETH) has seen a notable turnaround in investor sentiment as the long-awaited spot exchange-traded funds (ETFs) for the market’s second-largest cryptocurrency received approval from the US regulators last week.

2024-6-4 06:30


Bracebridge Capital Becomes Largest Bitcoin ETF Holder, Investing $380 Million In All-In Bet

Last week, the US spot Bitcoin ETF market experienced a notable shift in investor sentiment. Positive inflows were reported, breaking a streak of outflows that had persisted for almost a month. The week concluded with a significant $116 million positive inflows, indicative of growing interest in the newly approved index funds. Notably, a new player […]

2024-5-14 00:00


Grayscale Records Inflows Into Spot Bitcoin ETF For The First Time – Here’s The Best Platform To Trade It

Global asset management company and the world’s largest Bitcoin ETF provider, Grayscale, has recorded new inflows into its Spot Bitcoin ETF, Grayscale Bitcoin Trust (GBTC). This development marks a significant milestone for the popular Bitcoin ETF provider, which has consistently experienced millions of dollars in outflows daily.

2024-5-8 12:00