Crypto MNR-_-
@Morganita
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8 positive days for bitcoin ETFs keep price above $60,000
The bitcoin (BTC) market has seen remarkable momentum over the past few days. There was an 8-day streak of positive net inflows into spot BTC exchange-traded funds (ETFs) that has directly influenced the buying pressure in the market. This phenomenon has been consolidated since September 19, 2024, with the bitcoin price holding firmly above $63,500.
On Monday, September 30, there was a net inflow of capital into bitcoin ETFs valued at $61.3 million, according to data provided by SosoValue. Although this figure is 87% lower than the $464 million recorded on Friday, September 26, it reflects a mostly bullish trend. SosoValue’s analysis indicates that since the beginning of this streak, ETFs have shown a history of mostly green inflows and outflows.
On Monday, September 30, there was a net inflow of capital into bitcoin ETFs valued at $61.3 million, according to data provided by SosoValue. Although this figure is 87% lower than the $464 million recorded on Friday, September 26, it reflects a mostly bullish trend. SosoValue’s analysis indicates that since the beginning of this streak, ETFs have shown a history of mostly green inflows and outflows.
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BlackRock, the world's largest investment asset manager, has once again come out in defense of the largest cryptocurrency. In a recent report, the firm claims that Bitcoin will reach $1 trillion in market capitalization. It also highlights the enormous profitability of the digital currency over the last few years.
In the report, called Bitcoin: A Unique Diversifier, the firm highlights some of the most important qualities of the digital currency. It also highlights the rapid adoption it enjoys among investors of all sizes. Thus, although it highlights the risks associated with volatility, it also highlights the high capacity to recover from bearish cycles.
The work places special emphasis on the performance of BTC over the last decade. In this sense, it highlights that the currency outperformed the rest of the important assets in 7 of the last 10 years. Meanwhile, it suffered 3 falls of more than 50% and from which it recovered at an outstanding speed.
They add that this is a unique quality to which we must add the fact that the path of this token is just beginning. All these elements generate a dynamic in which the market capitalization of Bitcoin will reach $1 trillion dollars.
In the report, called Bitcoin: A Unique Diversifier, the firm highlights some of the most important qualities of the digital currency. It also highlights the rapid adoption it enjoys among investors of all sizes. Thus, although it highlights the risks associated with volatility, it also highlights the high capacity to recover from bearish cycles.
The work places special emphasis on the performance of BTC over the last decade. In this sense, it highlights that the currency outperformed the rest of the important assets in 7 of the last 10 years. Meanwhile, it suffered 3 falls of more than 50% and from which it recovered at an outstanding speed.
They add that this is a unique quality to which we must add the fact that the path of this token is just beginning. All these elements generate a dynamic in which the market capitalization of Bitcoin will reach $1 trillion dollars.
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🔥🔥🔥 Charles Hoskinson to Launch Decentralized Social Network in Brazil Amid X Ban…
Cardano founder Charles Hoskinson plans to launch a decentralized social media network in Brazil amid tensions with banned platform X.#
The move aims to provide a platform that cannot be easily controlled or censored by authorities, in response to growing concerns about freedom of expression.
Cardano founder Charles Hoskinson plans to launch a decentralized social media network in Brazil amid tensions with banned platform X.#
The move aims to provide a platform that cannot be easily controlled or censored by authorities, in response to growing concerns about freedom of expression.
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Vitalik Buterin Denies Selling Ethereum for Personal Gain…#ETH 🧐
Vitalik Buterin, one of the founders of Ethereum, has denied accusations of selling Ethereum for personal gain, explaining that the sales were made to support crypto projects and charitable causes. His long-term commitment to the crypto field has been widely supported by the community, highlighting his ethical stance in the world of cryptocurrencies.
Did Buterin Sell Ethereum?
On January 30, a user on X accused Buterin of selling 800 ETH worth approximately $2 million. Onchain analytics firm Lookonchain suggested that the same wallet received 3,000 ETH from Buterin on January 9. However, Buterin clarified that these sales were made solely to support crypto projects and charitable causes. In a post on X today, Buterin defended his right to profit by selling some of the ETH tokens he has acquired over the past seven years. He emphasized that none of these sales were for personal gain and that all proceeds were used for projects within the Ethereum ecosystem and broader charitable efforts. Buterin specifically noted that he has not made any personal profits from any ETH sales since 2018.
Vitalik Buterin, one of the founders of Ethereum, has denied accusations of selling Ethereum for personal gain, explaining that the sales were made to support crypto projects and charitable causes. His long-term commitment to the crypto field has been widely supported by the community, highlighting his ethical stance in the world of cryptocurrencies.
Did Buterin Sell Ethereum?
On January 30, a user on X accused Buterin of selling 800 ETH worth approximately $2 million. Onchain analytics firm Lookonchain suggested that the same wallet received 3,000 ETH from Buterin on January 9. However, Buterin clarified that these sales were made solely to support crypto projects and charitable causes. In a post on X today, Buterin defended his right to profit by selling some of the ETH tokens he has acquired over the past seven years. He emphasized that none of these sales were for personal gain and that all proceeds were used for projects within the Ethereum ecosystem and broader charitable efforts. Buterin specifically noted that he has not made any personal profits from any ETH sales since 2018.
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🔥Vitalik Buterin's Ether transfers spark concerns after the
Ethereum Foundation was criticized for spending $88 million $ETH
• Vitalik Buterin transferred 800 Ether, worth $2.01 million, early on Friday.
• Vitalik Buterin transferred 800 Ether, worth $2.01 million, early on Friday.
• The Ethereum Foundation transferred over $88 million worth of Ether from the treasury to Kraken, sparking concerns among traders.
• Ether is hovering around $2,500 at the time of writing, down 8% this week.
Ethereum Foundation was criticized for spending $88 million $ETH
• Vitalik Buterin transferred 800 Ether, worth $2.01 million, early on Friday.
• Vitalik Buterin transferred 800 Ether, worth $2.01 million, early on Friday.
• The Ethereum Foundation transferred over $88 million worth of Ether from the treasury to Kraken, sparking concerns among traders.
• Ether is hovering around $2,500 at the time of writing, down 8% this week.
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$BTC
#binancesuquare $BNB
Will these be the right times to sell or buy now that the market is in a considerable decline $
#Un pequeño sobre rojo ☺️☺️☺️ https://s.binance.com/oiNaEUWL
#binancesuquare $BNB
Will these be the right times to sell or buy now that the market is in a considerable decline $
#Un pequeño sobre rojo ☺️☺️☺️ https://s.binance.com/oiNaEUWL
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#BinanceChristmas # Merry Christmas to all those who are abroad on this beautiful day and alone, I wish you the best