Investors Pour $2.75 Billion Into Bitcoin ETFs As Price Skyrockets

Spot Bitcoin ETFs ripped in $2.75 billion this week, and that haul was nearly 4.5 times last week’s $608 million. Prices jumped past $109,000, a high not seen since January. Bitcoin even touched $111,980 on May 22. Investors piled in as the rally took hold. Spot Bitcoin ETF Inflows Surge According to Farside data, spot… Continue reading Investors Pour $2.75 Billion Into Bitcoin ETFs As Price Skyrockets

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… Continue reading XRP Frenzy Builds: Over $1 Billion in Open Interest Signals Breakout Tension

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… Continue reading Bitcoin Breaks Past $67,000 After Spot ETFs See Highest Capital Inflows In Months