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assets managed by BlackRock exceeded 500,000 BTC for the first time. This amount corresponds to 2.5% of circulating BTCs.
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💰 Solana Breaks Inverse Cup & Handle Pattern, Heading below $200.
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#2024WithBinance Donald Trump may announce his decision, which also concerns crypto, tomorrow It was stated that Donald Trump, who is preparing to sit in the presidency in January in the USA, is considering to announce the person he will stand out for the SEC presidency tomorrow. Senate approval will also be required for the person Trump will nominate to be the head of the institution. Donald Trump, who stated that he also attached importance to the presidency of the US Securities and Exchange Commission (SEC) during the election campaign period and said "I will fire him immediately" for the current president Gary Gensler, can announce the new president he has set for the institution at any time. According to the news of Eleanor Terrett, Fox Business's correspondent from the US media, Trump is thinking of announcing tomorrow the person he will nominate for the presidency of the SEC. Who could it be? As it is known, many candidates stand out for the SEC presidency. Paul Atkins, one of the former managers of the institution, is the biggest candidate. Known to be a pro-crypto name, Atkins is known to be familiar with the operation due to his many positions, including commission membership in the SEC. Apart from Atkins, Dan Gallagher, a legal advisor at Robinhood, is also one of the big candidates... Gallagher, who has previous SEC experience, has a perspective that states that crypto regulations need to be clarified... One of the current commissioners, Mark Uyeda, is also one of the people named for the presidency... Uyeda is remembered for criticizing president Gary Gensler at the last Financial Services Commission meeting. The person Trump will point to for the presidency of the SEC must also be approved by the Senate. Current president Gary Gensler recently announced that he would leave office on January 20.
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XRP and Ether stamp on crypto funds: Entry to altcoins is increasing Last week's figures in crypto funds have been announced. According to Coinshares' report, 457 million dollars were withdrawn from Bitcoin funds, while Ether funds entered $634 million. The rise in XRP was also positive about the funds in this cryptocurrency and there was a record investment in the funds. Coinshares, Europe's largest digital asset management company, announced last week's crypto fund figures. According to the company's report, while there were significant outflows from Bitcoin funds, serious investments were made in altcoin funds, especially Ether. “The feeling changes in Ether” While 457 million dollars were withdrawn from Bitcoin funds, 634 million dollars were net incomed from Ether funds. Coinshares analysts commented on this situation, the feeling is changing in Ether. This net inflow seen at the beginning of the year in Ether funds reached $2.2 billion, while the figure was $2 billion in total in 2021. Record entry to XRP Like Ether funds, XRP funds closed last week with visible investments. XRP funds saw $95 million inflow on a weekly basis. This figure was the largest investment in XRP funds so far. XRP price also increased by more than 400% in the last 1 month.
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$XRP The rise in XRP’s price could be attributed to several factors: 1. Regulatory Developments: Positive outcomes in Ripple’s case with the SEC can boost investor confidence. 2. Market Volume: Increased trading volume in the overall crypto market may drive demand for popular coins like XRP. 3. Partnerships and Adoption: New partnerships or greater integration of XRP in financial systems can increase its demand. 4. Technical Analysis: Breaking key resistance levels on price charts can trigger more buying pressure.
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