After the U.S.-based spot Bitcoin ETFs recorded two trading days with a higher net income of $200 million this week, they continued the positive streak on July 11, but more modestly.
The U.S. spot Bitcoin exchange traded fund (ETF) sector doesn’t seem to be losing confidence in the asset, as it posted positive results again on June 10, registering total inflows of $147.4 million.
In the ever-dynamic cryptocurrency markets, a significant trend has emerged. Whales (big investors) are shifting their focus away from well-known coins like Shiba Inu and Ethena.
Arbitrum (ARB) and Solana (SOL) clash as the need for speed and lower transactions become a talking point in the crypto space.
Interest in BRICS membership is on the rise, with seven countries applying to join just one week after the recent foreign ministers’ meeting.
The US is seeing a significant rise in bankruptcies among large companies, with 275 firms declaring bankruptcy by May 2024, the second-highest since 2010.
The European Central Bank (ECB) has released its first progress report on the development of a Central Bank Digital Currency (CBDC), emphasizing robust privacy protections and operational innovations to modernize financial transactions.
In a significant shift for the BRICS alliance, Saudi Arabia is reportedly considering trading oil in China’s yuan instead of the US dollar.
Navigating the volatile waters of the cryptocurrency market demands a steady hand and a strategic approach, especially during bearish trends.
Former U.S. President Donald Trump is receiving notable cryptocurrency donations as the upcoming election approaches.