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The 21Shares Solana ETF (TSOL) led inflows with $5.7 million in the last 24 hours, outpacing other Solana spot ETFs and boosting total daily inflows to $10.58 million. This surge reflects growing institutional interest in Solana amid its price stability around the $120 support level. TSOL’s strong performance: Recorded the highest daily inflows since its […]
The AI trade’s waning momentum on Wall Street is creating uncertainty for crypto markets, potentially delaying bullish rallies until the Federal Reserve’s December rate decision. With traders betting on a 75% chance of a quarter-point cut, Bitcoin and Ethereum could see volatility spikes during the short Thanksgiving trading week. Key Impact on Crypto: Reduced AI […]
Peter Schiff criticizes Bitcoin’s current downturn, arguing that only a taxpayer-funded government bailout could revive it to new highs, though he views this as highly improbable given the asset’s speculative nature and lack of intrinsic value. Bitcoin’s recent plunge below key supports highlights vulnerabilities Schiff has long predicted. Schiff warns that without government intervention, Bitcoin […]
Eric Trump Bitcoin mining involves operating American Bitcoin, a firm achieving $3.5 million in Q3 net profit with 56% gross margins by mining BTC in West Texas at costs 50% below market averages, emphasizing Bitcoin per share as the core metric for long-term value accumulation. World Liberty Financial faces scrutiny over alleged ties to sanctioned […]
Iran’s digital development strategy focuses on affordable connectivity and infrastructure expansion despite sanctions and conflicts, aiming to grow the digital economy to 10% of GDP through national programs and global cooperation. Iran has reduced mobile internet costs to 0.3% of GDP per capita, making it one of the most affordable digital services globally. Iran boasts […]
Bitcoin is struggling to rebound after the October crash due to sustained selling by large holders, or smart money, which has muted buying pressure since the fourth quarter began. On-chain data shows net realized losses exceeding $3 billion in late November, pushing prices below $81,000. This distribution pattern, combined with potential regulatory risks for crypto-holding […]
Bitcoin privacy risks are prompting early adopters to explore alternatives like Zcash due to concerns over encryption strength against quantum computing and transparent on-chain transactions. VanEck CEO Jan van Eck highlights these issues, noting a shift in community sentiment toward privacy-focused cryptocurrencies. Quantum computing threats: Bitcoin’s current encryption may not withstand future quantum advances, raising […]
Jim Cramer warns Bitcoin investors of persistent market issues and operational challenges, advising caution amid bullish predictions like Michael Saylor’s $1 million forecast. He highlights unresolved risks from past declines and inefficiencies, urging some to consider exiting positions now. Jim Cramer emphasizes Bitcoin’s major challenges, recommending select investors exit amid ongoing volatility. Criticism targets optimistic […]
Spot Bitcoin ETFs recorded $238.4 million in net inflows on Friday, marking a rebound after significant outflows, while Ether funds ended an eight-day outflow streak with $55.7 million in inflows and Solana products continued a ten-day inflow run, totaling $510 million since launch. Bitcoin ETFs rebound: $238.4 million inflows driven by BlackRock’s IBIT and Grayscale’s […]