The cumulative total net inflow for U.S. spot bitcoin exchange-traded funds has surpassed $30 billion for the first time since debut in January. The strong market sentiment that followed former president Trump’s re-election has caused the bitcoin ETFs to see increased levels of trading activity and net inflows. Wednesday was
Market excitement was sparked by Senator Cynthia Lummis’ recent statement that increasing Bitcoin holdings might contribute to halving the US debt in 20 years. Notably, Lummis has been an outspoken advocate for Bitcoin, which has recently drawn a lot of interest from players in the cryptocurrency market. Despite this, the
Cardano’s native token ADA surged to a 2.5-year high of $0.90 on Friday, marking its strongest performance since May 2022. This rally reflects growing interest from large investors and institutions, positioning the token for further gains. Cardano is currently trading at $0.8853 on Friday, its highest level since May 2022.
Mog Coin (MOG), a cryptocurrency that has gained attention within the meme coin space, is currently trading at $0.000002841, marking an impressive 20% surge in the past 24 hours. This significant uptick has drawn interest from traders, as the coin nears its all-time high (ATH) of $0.00000298, reached just six
The MomentumX Accelerator has been launched by Web3 privacy layer COTI in collaboration with IDO platform Poolz. Through the MomentumX Boost Plan, a collection of services that provide companies with the tools they need to thrive, the accelerator will assist ventures expanding on COTI’s technology stack. The MomentumX Accelerator was created
The United States’ crypto-friendly stance appears to be intensifying every day, following President-elect Donald Trump’s election victory. According to a recent report, Trump’s media company, Trump Media & Technology Group (TMTG), is making waves with a new venture into cryptocurrency. TMTG, known for operating the social media platform Truth Social,
With Bitcoin (BTC) mounted above $99.5K, leading traders to label November as “Moonvember.” Extreme greed dominates the cryptocurrency market, as the Fear and Greed Index is settled at a high of 88. Notably, the meme coin market cap has reached $125 billion with a 4.7% spike in the last 24
FTX Token (FTT) soared to $2.64 today, marking a remarkable 30.96% price increase in the last 24 hours. The trading volume skyrocketed by 232.33%, reaching $196.99 million, reflecting strong investor interest. FTT’s market cap stands at $869.28 million, with a 21.45% volume-to-market cap ratio. This significant surge comes as the
XRP has surged to its highest level in 3.6 years, crossing $1.43, following SEC Chair Gary Gensler’s confirmation that he will step down in January 2025. The news sent XRP’s price soaring over 32% in just 24 hours, climbing from $1.10 to an intraday peak of $1.43—a level not seen
Bitcoin (BTC), the pioneer of the crypto market, is edging closer to the $100K milestone, reaching a new all-time high of $99.3K. The rally has given a hand to the altcoins to hit their new highs. The third-largest meme coin, PEPE, has staged a notable recovery of over 12.63%. The
