🇪🇺 Today at 13:00, the Eurozone Annual Inflation Rate (CPI) will be announced. •Expectation: 2.3% •Previous: 2.3% 🇺🇸 Today at 22:00, the Fed's interest rate decision will be announced. (Expectation: a 25 basis point cut) 🇺🇸 Today at 22:30, Fed Chairman Jerome Powell will deliver a speech.
$PHA 🇺🇸Spot Bitcoin ETFs in the US closed yesterday's trading day with a net investment of $636 million. BlackRock saw an inflow of $418 million, while Fidelity saw an inflow of $116 million.
The Avalanche9000 update, which is seen as the biggest and most important update of the network so far in Avalanche, will go live and be active today. The update, which brings major changes to the operation of "subnets" now known as Layer-1, will also seriously reduce the costs of users creating their own Layer 1.
Avalanche, one of the well-known Layer 1 networks of the cryptocurrency world, is launching one of its biggest updates today. The update, also known as Avalanche9000, which allows users to create their own Layer 1 networks within the network at very low costs, will also address scalability issues.
After Avalanche9000 goes live, users will determine the rules of the networks they create. Users will be given freedom from geographic region selection to staking requirements and installations that do not require 3rd party permissions to comply with regulations.
In addition, the layers 1 (L1s) created will be connected to each other. The network, which will use the layer 1 architecture, will also have the advantages of being multi-chain.
Phala is partnering up with @NeurochainAI! By providing our GPU TEE compute infrastructure, we’re supporting @NeurochainAI in accelerating their roadmap.
Together we are empowering developers & researchers with secure, high-performance resources for AI, ML, and computational innovation.
🗣US Spot Bitcoin Exchange Traded Funds (ETFs) Inflow Series Continues! Here Are the Latest Numbers
The cryptocurrency market continues to see strong activity in spot exchange traded funds (ETFs) with Bitcoin and Ethereum ETFs recording significant inflows.
Bitcoin and Ethereum Spot ETFs See Record Inflows Amid Market Momentum
Bitcoin Spot ETFs surged with $598 million in net inflows. Bitcoin spot ETFs witnessed a total net inflow of $598 million on December 12, marking an 11-day consecutive inflow streak.
BlackRock’s Bitcoin ETF IBIT led the way with a single-day net inflow of $432 million, reflecting growing investor confidence and institutional adoption.
The cumulative net asset value (NAV) of Bitcoin spot ETFs has now reached a record high of $112.546 billion, further cementing their appeal in the market.
BlackRock’s Ethereum ETF ETHA recorded the largest single-day inflow of $202 million, underscoring the asset’s growing appeal to investors.
Grayscale’s Ethereum ETF ETH added $73.22 million in single-day inflows, underscoring its strong position in the market.
The continued inflows into both Bitcoin and Ethereum spot ETFs indicate a growing appetite for cryptocurrency among both retail and institutional investors.
The rising NAV and the participation of major players such as BlackRock and Grayscale point to a maturing market with increasing legitimacy and investor confidence.
This momentum reflects broader trends in the digital asset space, including increasing regulatory clarity, the adoption of cryptocurrencies as investment vehicles, and the continued appeal of decentralized assets in diversified portfolios. $BTC $PHA $AUDIO
🚀🚀🚀Bitcoin is on the offensive! We've Seen Above $101,000! Here's Why and the Latest Data!
The world's largest cryptocurrency, Bitcoin, has launched a serious offensive at the time this article was written, first regaining $100,000, which it had retreated from a while ago, and then immediately managed to exceed $101,000.
The current all-time high price record in Bitcoin is $104,088, according to Binance data.
It is thought that the rise came as the CPI data announced in the US came in line with expectations and expectations that the FED would cut interest rates increased immediately thereafter.
A short while ago, the Bitcoin price experienced a sudden drop and a total of more than $1.4 billion in liquidation occurred in the cryptocurrency market.
Donald Trump will start his term as US President on January 20th and all markets, especially the cryptocurrency market, will be closely monitoring the developments. It is being watched with curiosity whether the new president will create a Strategic Bitcoin Reserve as he promised.
In the latest updated data, we see that there has been a liquidation of $365 million in the cryptocurrency market in the last 24 hours with an increase and their long/short ratio is approximately 1.