Another firm estimates that Ether’s price will rise no more than 24% by the end of the year due to underwhelming demand for the spot ETH products. Source: https://cointelegraph.com/news/ethereum-etf-price-sensitive-inflows-for-days-kaiko?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Month: July 2024
Analysts Predict US Dollar Trends Amid Biden’s Withdrawal and Trump’s Lead
Analysts have commented on the U.S. dollar trend following President Joe Biden’s decision not to seek re-election, noting a slight decline in the dollar against a basket of currencies. Bank of America’s head of global foreign exchange research mentioned: “There is a growing consensus that the dollar will be stronger if Trump wins due to […] Source: https://news.bitcoin.com/analysts-predict-us-dollar-trends-amid-bidens-withdrawal-and-trumps-lead/
Spot Ethereum ETFs Set to Launch: Blackrock Highlights Rising Demand for Digital Asset ETFs
Spot ethereum exchange-traded funds (ETFs) are set to debut on Tuesday, July 23, 2024, following approval from the U.S. Securities and Exchange Commission (SEC). Blackrock, the world’s largest asset manager, announced that its Ishares Ethereum Trust ETF (ETHA) will commence trading on Nasdaq on Tuesday, featuring a one-year fee waiver of 0.12% for the first […] Source: https://news.bitcoin.com/spot-ethereum-etfs-set-to-launch-blackrock-highlights-rising-demand-for-digital-asset-etfs/
Hive Digital to expand operations to Paraguay for the first time
Bitcoin miner Hive Digital has plans to build a 100-megawatt mining facility in Paraguay powered by the nation’s Itaipu hydroelectric dam. Source: https://cointelegraph.com/news/bitcoin-miner-hive-digital-expands-into-paraguay?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Grayscale Shifts $1 Billion in Ethereum to Coinbase Ahead of US ETF Trading Debut
We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports Crypto asset manager Grayscale has transferred a hefty sum of Ethereum to Coinbase Prime as exchange-traded funds (ETFs) associated with the asset gear up for a…
BlackRock’s IBIT records biggest inflow day since March at $523M
BlackRock’s Bitcoin ETF has witnessed over half a billion dollars of inflows on the same day a flurry of spot Ether ETFs got the nod to begin trading. Source: https://cointelegraph.com/news/blackrock-bitcoin-etf-inflows-biggest-day-since-march?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin Continues to Dominate as Altcoin Season Index Score Plummets
In mid-July, the Altcoin Season Index (ASI) available on blockchaincenter.net began to rise, reaching a high of 46 and nearing the significant threshold of 75. Since then, however, the ASI score has dropped to 24, indicating that a period of increased gains for alternative cryptocurrencies is now more distant. Bitcoin Outperforms Altcoins as ASI Score […] Source: https://news.bitcoin.com/bitcoin-continues-to-dominate-as-altcoin-season-index-score-plummets/
Ethereum ETFs Finally Start Trading Tomorrow—Here’s What to Expect
We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports Ethereum exchange-traded funds will finally hit U.S. markets tomorrow after the Securities and Exchange Commission said yes to the products in May and signed them off…
And the Winner Is: We Got AI Models to Predict the Next President
In brief Several AI models were asked who would win the U.S. presidential election if it were held between Kamala Harris and Donald Trump in November. The AI models used real-time information to analyze both Trump’s and Harris’ prospects of winning. Most AI models agreed that as things stand today, Trump would win. Who would win in a head-to-head matchup…
Trump’s Claims About El Salvador and President Bukele Debunked
Former U.S. President Donald Trump stated that El Salvador’s 70% drop in murders was due to criminals being sent to the U.S. However, PBS fact-checked and found this claim false, attributing the decline to Salvadoran President Nayib Bukele’s anti-crime measures. El Salvador’s prison population has surged, contradicting Trump’s statement. Notable bitcoin proponents like Max Keiser […] Source: https://news.bitcoin.com/trumps-claims-about-el-salvador-and-president-bukele-debunked/