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Digital asset investment products recorded outflows last week for the first time since mid-June, CoinShares reported.
Regulatory uncertainty surrounding Binance, the largest crypto exchange, tends to weigh on crypto prices.
Worldcoin price soared to $3.58 shortly after launching but traders and crypto advocates have many concerns.
MKR looks primed to continue the rally given its recent buyback mechanism and two other key metrics that impact Maker’s price.
Bitcoin price is down today as investors expect the Federal Reserve to raise rates and crypto whales send record amounts of BTC to exchanges.
The latest price moves in crypto markets in context for July 24, 2023.
Bitcoin is at the pivotal 50-day SMA support, and a drop below this level could result in accelerated selling of BTC and altcoins.
One analyst pointed out the $27,000 level could be a short-term target for bitcoin amid the lack of positive news.
The balance kept in addresses that hold coins for at least 155 days has increased by $1.87 billion this month.
XRP price is down today, like other top crypto assets, as traders anticipate a Federal Reserve rate hike this week.
- 05:411,027 BTC transferred from CEX to an unknown walletPANews reported on January 11th, according to Whale Alert monitoring, 1,027 BTC (96,745,111 US dollars) were transferred from CEX to an unknown wallet.
- 05:40Zhu Su: The contract investment portfolio of BTC, USDe, SUI, SOL should have the same weightZhu Su posted on platform X, stating that a (suitable) perpetual contract investment portfolio should be like these, with equal weights: Bitcoin, USDe, Sui, Sol.
- 05:31The Bitcoin spot ETF had a net outflow of $149 million yesterday, with the ETF's net asset ratio reaching 5.74%According to SoSoValue data on January 11, the net outflow of Bitcoin spot ETFs was $149 million yesterday (Eastern Time, January 10). Yesterday, Grayscale's GBTC ETF had a single-day net inflow of $13.5116 million, with a historical net outflow of $21.567 billion. The Grayscale Bitcoin Mini Trust ETF BTC had a single-day net outflow of $0.00 and its total historical net inflow is currently at $924 million. The Bitcoin spot ETF with the highest single-day net inflow yesterday was Fidelity's FBTC ETF, which had a single-day net inflow of $16.5656 million and has reached a total historical net inflow of $12.157 billion. As of press time, the total asset value for Bitcoin spot ETFs stands at approximately $107.639 billion; the ratio between this figure and the overall market cap for bitcoin is about 5.74%. The cumulative historic influx has reached around USD$36.216 billion.