Auto Added by WPeMatico

Crypto Investment Products See $226 Million in Inflows, Signaling Cautious Optimism

Last week, digital asset investment products attracted $226 million in inflows. CoinShares stated that the figures indicated a cautiously optimistic investor sentiment. After experiencing the largest outflows on record, ETPs…

Continue ReadingCrypto Investment Products See $226 Million in Inflows, Signaling Cautious Optimism

ADA Investors, Brace Yourselves: Cardano Could Be in for Wild Price Action – Here’s Why

TL;DR ADA’s price has consolidated at around $0.73 for a while now, but tightening Bollinger Bands suggest incoming volatility. Whales have accumulated 240 million ADA last week, reducing the circulating…

Continue ReadingADA Investors, Brace Yourselves: Cardano Could Be in for Wild Price Action – Here’s Why

XRP, SOL, and ADA Inclusion in US Crypto Reserve Pushes Traders on Edge

There has been growing uncertainty and frustration among cryptocurrency traders following Bitcoin’s steep 10% drop within 24 hours. The sudden decline sparked widespread panic and anger across crypto-focused social media…

Continue ReadingXRP, SOL, and ADA Inclusion in US Crypto Reserve Pushes Traders on Edge

Cardano (ADA) ETF Approval Odds Surge in the US After Key Development: Details

TL;DR The SEC acknowledged Grayscale’s application to introduce a spot ADA ETF in America.  The asset manager also seeks to convert its XRP Trust into an ETF, with similar filings…

Continue ReadingCardano (ADA) ETF Approval Odds Surge in the US After Key Development: Details

Bitcoin Sees $430M in Outflows as Market Responds to Fed’s Hawkish Stance

There has been a sharp reversal in digital asset investment trends as outflows reached $415 million after 19 consecutive weeks of inflows post-US election. During this period, inflows totaled $29.4…

Continue ReadingBitcoin Sees $430M in Outflows as Market Responds to Fed’s Hawkish Stance