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Bitcoin funds take in $933 million as crypto ETFs hit highest AUM since February

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Institutional money is flowing back into crypto faster than retail this cycle, and the data is starting to back up the rally bitcoin has been quietly riding. Digital asset investment products attracted $1.2 billion in inflows last week, a fourth consecutive weekly gain, according to CoinShares data published Monday. Total assets under management across crypto […]

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Pudgy Penguins rally coincides with token unlock as analyst flags exit liquidity risk

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The Pudgy Penguins’ latest rally could be a breakout fueled by ecosystem momentum. This move appears to have benefited long-term holders in unexpected ways, according to on-chain data. According to the founder of DNTV Research, Bradley Park, the increase may have provided liquidity, that is, enough buyers in the market for large holders to sell

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BTC Price Hits Wall At $80,000, Analyst Says Pullback Is Temporary: Crypto Daily

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Bitcoin BTC$77,858.08 is doing the familiar dance just below a big round number, $80,000, stopped by sellers, though fresh stablecoin liquidity, ETF demand and a risk-averse equity market suggest the breakout may be delayed rather than rejected. The leading cryptocurrency briefly rose above $79,000 in Asian trading hours before recently slipping back to trade below

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EU releases 20th sanctions package against Russia, imposing specific crypto bans

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The European Union (EU) released its “largest package” of sanctions in two years against Russia, describing the measures as far-reaching and restrictive. They specifically target crypto with a total ban on providers and platforms established in that country. “Russia is becoming increasingly dependent on cryptocurrencies for international transactions,” the EU said in a statement on

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Crypto week ahead

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Markets exit April with a host of macro events to watch. Four major central banks, the Bank of Japan, the US Federal Reserve, the European Central Bank and the Bank of England, all set interest rate policy this week. Layered on top is a slate of US data, including first-quarter GDP and March PCE inflation,

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What is Paul Sztorc’s Bitcoin hard fork ‘eCash’ and how does it affect BTC?

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Longtime Bitcoin developer Paul Sztorc has been trying to overhaul Bitcoin’s architecture since 2015, but the wider community hasn’t budged. So now he has proposed a dramatic move, called the eCash hardfork, which involves copying Bitcoin’s code to launch a separate version in August while giving existing bitcoin holders equivalent tokens in the new network

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Pudgy Penguins, BAYC rally masks falling NFT market as volumes and users fall

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Non-fungible tokens (NFTs) are on the rise, and for those fixated on rising prices, the market may appear to be booming. However, overall activity tells a different story. Headlining the event are Bored Ape Yacht Club and Pudgy Penguins. Their floor prices, the lowest possible acquisition price, have risen by double digits in recent weeks

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BTC pulls back from 12-week high as Iran rally hits seller’s wall at $79,400

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Bitcoin touched a 12-week high of $79,399 overnight before sellers entered the Asian morning hours on Monday, drowning out a rally that sent the asset on a run to $80,000 for the first time since January. Bitcoin is trading at $77,705 on Monday morning, down 0.4% over 24 hours after rising to $79,399 around 09:00

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