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The Bitcoin ETFs appear to have opened many institutions’ eyes to Bitcoin as an alternate asset. Will the April halving accelerate the trend?
Dencun, the biggest upgrade since the Merge, has just gone live on the Ethereum network.
Crypto investment products have smashed the yearly inflow record after just three months of trading in 2024, adding more than $12 billion globally, according to CoinShares.Inflows of nearly $1.8 billion this week alone were enough to break the prior record of $10.6 billion for all of 2021 — dominated by the success of the new U.S. spot bitcoin ETFs.
Bitcoin climbed above $73,000 following surging inflows into newly launched ETFs. ETF daily inflows reached a record $1.05 billion on March 13, surging 108% from the previous day. Bernstein’s analysts are confident Bitcoin will reach the $150,000 price target by 2025.
Two whales have accumulated a total of 348,551 UNI tokens since March 1. The AO on the UNI/USD daily chart indicated a downward momentum, suggesting a price decline. Buying pressure and a potential altcoin season could send UNI’s price to $20.
A recent downtrend in the NFT market has resulted in a decrease in the floor price for major collections such as Bored Ape Yacht Club and Pudgy Penguins.Activity in Ethereum-based NFT marketplaces has declined on a month-on-month basis, according to data from The Block.
- 01:44Affected by Trump's announcement of appointing Musk to lead the US government efficiency department (DOGE), DOGE briefly broke through $0.41Affected by Trump's announcement of appointing Musk to lead the US government efficiency department (DOGE), DOGE briefly broke through $0.41, with an increase expanding to 7%.
- 01:37Analyst: Short-term adjustment expected for Bitcoin, rebound testing $90,000 resistance levelAccording to analyst Duck Army on platform X, BTC's daily chart shows a small bearish candlestick with a long lower shadow and a short upper shadow, resembling a doji star. The trading volume increased by one-fifth compared to the previous day, suggesting a potential short-term peak in the uptrend. The MA30 line remains on an upward trajectory, and the MACD indicator shows increased bullish momentum above the zero line. Yesterday’s rapid rise depleted much of the bullish energy, and although BTC touched the $90,000 threshold today, it failed to break through, indicating a possible retracement. The anticipated oscillatory decline would serve as a period for accumulating strength. Key resistance levels on the daily chart range from $90,000 to $109,800, with support between $82,400 and $76,800. In terms of short-term strategies, it is recommended to go long at $85,420 and $82,380 and short at $90,000. The liquidation heat map shows a large number of open short positions waiting to be liquidated between $89,950 and $92,700, while the downward space from $85,700 to $79,000 has substantial long positions providing support.
- 01:29ARKB received 998.429 BTC from addresses such as CEX, equivalent to approximately 87 million US dollarsAccording to ARKM monitoring, the ARKB 21Shares Bitcoin ETF under ARK Invest received a total of 998.429 BTC from CEX and another address starting with 3MDLv about five hours ago, equivalent to approximately 87 million US dollars.
