United States Bitcoin exchange-traded funds (ETFs) saw net inflows the day after Christmas, stemming a four-trading day run of outflows totaling more than $1.5 billion.
The 11 ETFs together saw net inflows of $475.2 million on Dec. 26, led by $254.4 million worth of flows into the Fidelity Wise Origin Bitcoin Fund, per CoinGlass.
The ARK 21Shares Bitcoin ETF followed with $186.9 million in inflows, while BlackRock’s iShares Bi...

Bitcoin has seen its first significant weekly price fall since Donald Trump’s November presidential election win kicked off a rally that sent the cryptocurrency soaring over six figures.
Bitcoin dropped 10% on the week ending Dec. 22 to close at $94,645, shaving around $10,500 from its starting point of $105,185, according to TradingView.
Its fall came after the United States Federal Reserve’s Federal Open Market Committee t...

A crypto hedge fund manager says there’s probably going to be more time for traders to take advantage of buying opportunities this cycle, following a plummet across the broader crypto market on the daily price charts.
“There will be intra-month volatility, but the pullbacks likely will be a “buy the dip” scenario for much longer than everyone expects,” Syncracy Capital co-founder Daniel Cheung said in a Dec. 9 X post.
Traders are “constantly ...

Ripple Labs’ XRP token has taken off like a rocket, although it’s anyone’s guess as to the who/what/why that’s furiously inflating XRP’s fiat price.
A month ago, a single XRP was worth around 50¢. That value doubled by mid-November and kept going, touching $1.50 by the end of the month. Then, over the weekend, XRP broke through the $2 barrier and currently sits at around $2.70. That’s still below its all-time high of $3.40 set seven yea...

Recently, the cryptocurrency market has seen multiple positive developments, and Ripple (XRP), a long-established public blockchain, has become the focus of the market. The news that Gary Gensler, chairman of the U.S. Securities and Exchange Commission (SEC), is about to step down has ignited the market's expectations for a more friendly regulatory environment. At the same time, the long-running legal dispute between Ripple and ...

Ether exchange-traded funds (ETFs) have seen more money from investors than their Bitcoin counterparts since Nov. 22, as Ethereum’s decentralized finance (DeFi) ecosystem scored a key victory in a US court this week.
Spot Ether ETFs took in $224.9 million in net inflows over the four trading days between Nov. 22-27, while spot Bitcoin ETFs tallied $35.2 million in net inflows due mainly to a heavy day of outflows on Nov. 25, ...

United States Senator Cynthia Lummis’ plan to set up a strategic Bitcoin reserve won’t be enough to solve the country’s debt crisis, which has now swelled to $35 trillion, the president of the nonprofit think tank says.
“When Senator Cynthia Lummis of Wyoming talks about how a Bitcoin reserve could help us eliminate the federal debt, that’s an overselling of what Bitcoin could do,” Avik Roy, president of the Foundation for Research on Equal Opportunity s...