Ethereum ETFs recorded an abysmal day of trading pulling in only $1.2 million and recording a transaction in just one of its ETF products. Investor activity has been dipping in both Ethereum and Bitcoin ETFs. The exchange-traded funds have witnessed minimal activity in recent weeks. The peak in activity was recorded yesterday on Ethereum ETFs…
Blackrock’s IBIT lost $219 million to outflows yesterday as investor activity continues to wane in Bitcoin and Ethereum ETFs. Blackrock’s IBIT recorded the heaviest outflow for the day leaving the Bitcoin ETFs with a deficit of $209 million. Five out of the 11 Bitcoin ETFs recorded transactions with the rest stuck in null. The trading…
Academic Paper Reveals Consistent Pattern in Weekly Bitcoin Price Prediction Andrey Ignatenko, a crypto trader and expert in data analysis, in collaboration with Larysa Dokiienko, a PhD holder in Economics, discovered a correlation between the Moving Average Convergence Divergence (MACD) histogram and the maximum price of Bitcoin on a weekly timeframe. The duo published an…
Malaysian Prime Minister Seri Anwar Ibrahim revealed plans to adopt a policy for Digital Finance that invariably legalizes Crypto and Blockchain technology in the country. Prime Minister Anwar revealed his plans during the Plenary Session of the Abu Dhabi Sustainability Week (ADSW) 2025 at the Abu Dhabi National Exhibition Centre. He discussed his plans with…
Blackrock's IBIT pulled in the only inflow for the spot Bitcoin ETFs which lost a whopping $284 million yesterday. IBIT recorded the sole inflow for the day as four Bitcoin ETF funds recorded significant outflows. The 11 Bitcoin ETFs ended the day on a deficit for the third time in a row mirroring the current…
Coinbase, the largest crypto exchange in the United States announced support for the popular Solana Memecoin Peanut the Squirrel (PNUT). Coinbase announced the development on X giving details on its listing while warning users against losing their funds from wrong operations. “ Coinbase will add support for Peanut the Squirrel (PNUT) on the Solana network…
Italian Banking giant Intesa Sanpaolo made its debut purchase of Bitcoin marking the first time an Italian banking entity deals in cryptocurrency. The Bank purchased 11 BTC for a little under One million Euros. The transaction made history for being the first direct purchase of cryptocurrency by an Italian banking entity. The development was made…
Ethereum Price action on a 7-day scale: Source: Coingecko
Blackrock’s IBIT recorded the largest outflow of funds on the last day of the trading week. The Bitcoin ETF lost $183.6 million on Jan 10 contributing to the $149 million net outflow of the 11 spot Bitcoin ETFs. There was minimal activity in the market on Friday last week with very few of the Bitcoin…
Indian Exchange Mudrex halted crypto withdrawals on its platform citing ongoing Compliance Upgrades. Normal Operations on the platform are set to resume on January 28 and Indian Rupee withdrawals are not affected by the development. Alankar Saxena, Founder of Mudrex announced the development giving details on the modalities involved and the motive behind the decision…