Ethereum Captures Investor Frenzy, Overtakes Bitcoin With Nearly $3-B Surge
Digital-asset investment products pulled in $3.75 billion last week, lifting assets under management to $244 billion on August 13. The total ranks among the largest weekly inflows seen recently, CoinShares data shows. Prices rose, but the main driver was money moving into funds rather than a broad retail rush. Concentrated Flows From A Single Product…
Bitcoin Paces $15 Billion YTD Influx Amid 10-Week Fund Flow Streak
Bitcoin and other crypto funds have kept the cash register flowing for 10 straight weeks, pulling in $1.24 billion in the latest period. That brings the year-to-date haul to $15 billion. Even holiday trading lulls and global jitters haven’t stalled the momentum. Investors seem to be treating this pullback as a chance to buy, not…
XRP Frenzy Builds: Over $1 Billion in Open Interest Signals Breakout Tension
XRP’s price has climbed to $2.61 in the last 24 hours, and has been able to keep a steady pace, registering a 22% gain over the past seven days. Traders are piling into futures contracts. A notable performance has been in the Open interest department, which jumped by more than 40%. Rising Futures Activity According…
Bitcoin Breaks Past $67,000 After Spot ETFs See Highest Capital Inflows In Months
As the broader crypto market starts to rebound, Bitcoin is once more in the forefront and crosses the $67,000 barrier. Bitcoin is trading roughly $67,150 as of October 16, a good 4% increase in just 24 hours. Given that it represents the crypto’s highest price point since late July, this spike is notable. The recent…