Markets news
Solana ETF to Follow Ethereum ETF Launch

Bloomberg analyst Eric Balchunas predicts a "dam breaking" effect after the launch of an Ethereum-based exchange-traded fund (ETF). He believes that the launch of a Solana ETF will follow shortly after, likely within the next week. Balchunas says, “After the launch… I’m sure there will be ETH ...

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XRP Price Rally: Bulls vs. Bears

The price of XRP, the native token of the XRP Ledger, has been on a tear recently, surging over 35% in the past week. This rally has outpaced even Bitcoin, which gained around 14.5% in the same period. Some analysts believe this is just the beginning of a major bull run. Milkybull Crypto, with ...

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GameStop Stock Surges Amidst Broader Market Optimism

GameStop (NYSE: GME) is seeing a resurgence in its share price, rising notably in after-hours trading on Tuesday. This follows a positive week for the stock, which has seen its highest point in a month. The broader market is also experiencing a surge in risk assets, including crypto, despite ...

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Cryptocurrency Fraudster Guo Wengui Convicted

Exiled Chinese billionaire Guo Wengui, known for his criticism of the Chinese Communist Party and his close ties with American conservatives, has been convicted of defrauding his online followers of hundreds of millions of dollars. Guo, who went by multiple aliases, including "Miles Kwok" and "Ho ...

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Trump Trade and Crypto Market

The possibility of a second Trump presidency is already affecting markets, with a so-called "Trump trade" emerging. This trade sees investors anticipating the impact of Trump's policies on various asset classes, particularly cryptocurrencies. Trump's Policies and Crypto Trump has been known to ...

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Bitcoin ETFs and Crypto Whales Fuel Bullish Sentiment

Bitcoin exchange-traded funds (ETFs) have been attracting significant investor interest, accumulating over $1 billion in BTC in the past three trading days. This influx of funds coincides with Bitcoin's price reaching $66,000, despite ongoing market uncertainties. Institutional and Retail ...

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Bitcoin Price Surges: What’s Driving the Rally?

Bitcoin (BTC) has been on a tear lately, adding a whopping $10,000 in the past two weeks and hovering around $65,600. The flagship cryptocurrency even briefly touched $66,000 on Wednesday, reclaiming key support levels and suggesting a bullish trend ahead. What's Behind the Bitcoin Boom? ...

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Bitcoin ETF Inflows Fuel Price Surge

Bitcoin (BTC) is on the rise again, fueled by record-breaking inflows into spot Bitcoin exchange-traded funds (ETFs). In the last seven days, over **US$1 billion** has poured into these funds, bringing the year-to-date total to **US$16 billion**. BlackRock Takes the Lead BlackRock's iShares ...

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