Crypto News
ETF Bullish Wave: $403 Million Flows Into Bitcoin and $192 Million Into Ether
Bitcoin ETFs extended their bullish run to nine consecutive days with $403 million in net inflows, while ether ETFs not only gained $192.33 million but also set a new record trading volume of $1.62 billion. Bitcoin ETFs Record $403 Million in Inflows for 9th Consecutive Day, While Ether ETFs Set New Record The momentum refusesSource link
It’s Time to Promote the Correct Crypto Allocation
Let’s be honest.Last month, I released a white paper explaining that conservative investors should allocate 10% to crypto, moderate clients should invest 25% and aggressive investors should place 40% of their portfolios into crypto.Bitcoin has outperformed every other asset class for 12 of the past 15 years, and it’s highly likely that it will continue to do so for years to come. Institutions are investing like never before. Congress and the administration now fully support crypto, and we’re beginning to get the regulatory clarity we’ve wanted.The SEC and FINRA’s prohibitions that blocked brokerage firms from trading or custodying crypto have been rescinded. The OCC and the Fed have revoked similar prohibitions against banks, and the Department of Labor has rescinded...
Altcoin Frenzy Builds: Index Jumps 225% in 21 Days—Is Crypto’s Wildest Season Finally Arriving?
Over a span of 21 days, the Altcoin Season Index (ASI)—which rates between 0 and 100, with anything above 75 signaling an altcoin season—climbed significantly, rising from just 12 to 39 by July 16. From BONK to PENGU: Some Crypto Assets Are Exploding in Value as Altcoins Scream for Attention As of 11 a.m. EasternSource link
Altcoin Season Returns? Bitcoin Consolidates With ETH, SUI, SEI Among Those Taking Charge
Bitcoin triumphantly formed a series of fresh record highs last week, eventually topping out just shy of $124,000 as profit taking emerged. The rise has paved the way for what many are describing as the latest "altcoin season," which involves crypto tokens other than bitcoin making often exponential moves to the upside. The recent bitcoin bull market has just been that: a bitcoin bull market with altcoins taking the back seat as institutions rallied around spot bitcoin ETFs and BTC-based treasuries.But there has been a change in behavior this week. Several altcoins have posted gains of between 50% and 80% as capital begins to flow from the world's dominant crypto to more speculative bets.Ether had a good week on the...
Dogecoin Rises as Pump.fun Token, Official Trump and Melania Meme Coins Jump
Meme coins are rising fast as the crypto market rebounds from a one-day selloff, with Dogecoin leading the charge.Source link