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Weller said that spot ETFs, unlike futures-based products, could "fundamentally alter the supply and demand picture" for bitcoin, making it available for a new set of investors. That's especially so now that bitcoin has regained its "uncorrelated asset" lure by decoupling from equities and rallying as U.S. stocks have entered
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According to research firm PitchBook data, venture capitalists invested $2 billion in crypto during Q3, 2023. Venture capitalists seem to slow down their investments in the crypto market as global crypto funding during the third quarter of 2023 hit the lowest level over the past few years. In Q3, investors around
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Euro zone inflation has reduced to its lowest point in nearly 2 years after the European Central Bank hiked rates for the 10th time. The euro zone annual inflation level fell to its lowest this month, since October 2021. Annual inflation fell to 4.3%, down from 5.2% in August. Also, core
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The day’s trading was marked by mediocrity, with the European markets generally treading water before closing in the red. European markets endured a challenging day on Wednesday, with the region’s benchmark, the Stoxx Europe 600 (INDEXSTOXX: SXXP), closing at its lowest level since March 28, according to data from LSEG. Lingering
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Threads has lost nearly all of its initial momentum as the app is now struggling to attract new users and keep existing ones on the platform. Threads, the Twitter rival launched by Meta Platforms Inc, is going through its fair share of struggles as new users are no longer joining the platform. According
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Bitcoin’s (BTC) bullish momentum is “fading” as liquidity shifts preempt a volatile move, a new analysis warns.In an X post on Sep. 6, Keith Alan, co-founder of monitoring resource Material Indicators, flagged fresh shifts on the Binance order book.Analyst: Bitcoin bulls and bears both lack “real strength”BTC’s price has stayed
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The NFT market has experienced a significant downturn in the last seven days, with trading volume of just $8.9 million — the lowest figure observed in the past two years. Adding to the concerns, the number of
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The total daily fees, paid by users for executing transactions on Ethereum, fell to 1,719 ETH ($2.8 million) on Sunday, the lowest single-day total since Dec. 26, according to data tracked by South Korea-based blockchain analytics firm CryptoQuant. The tally is down 89% from the year-to-date high of 16,720 ETH
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Ether's global estimated leverage ratio, calculated by dividing the dollar value locked in the active open perpetual futures contracts by the total number of coins held by derivatives exchanges, has declined from a multi-month high of 0.28 to 0.22. Bitcoin's ratio has slid from 0.27 to 0.21, the lowest since
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