BlackRock leads as Bitcoin ETFs hit record $673 million inflow in a single dayCollective net flows into Bitcoin ETFs soar to $7.4 billion, equivalent to 145,000 Bitcoin.
Happy Thursday!The global crypto market cap is $2.31 trillion, with a 24-hour volume of $187.91 billion. The price of Bitcoin is $62,188.42, and BTC market dominance is 53.0%. The price of Ethereum is $3,433.90, and ETH market dominance is 17.9%. The best-performing sector is Meme, which gained 24%. The Crypto Fear & Greed Index is currently Greed (80). Top News
BlackRock leads as Bitcoin ETFs hit record $673 million inflow in a single dayCollective net flows into Bitcoin ETFs soar to $7.4 billion, equivalent to 145,000 Bitcoin. Binance drops Nigerian naira from P2P platform amid forex manipulation concernsThe Nigerian authorities have intensified their focus on Binance amid the escalating foreign exchange issues. Coinbase crashes due to technical issues after Bitcoin touches $63KThe outage caused unbridled speculation over the cause on social media, with opinions ranging from retail entering the market to the exchange getting hacked. Marathon posts record growth in 2023 earnings, unveils Bitcoin Layer-2 AnduroThe company mined a record 12,852 BTC in 2023, which drove its revenue to $387.5 million. Latest Insights
More NewsAt $61,594 Bitcoin is at fair market price according to the power law modelBitcoin exits the bear market as logarithmic model suggests current price is 'fair value.' Ark Invest and 21Shares enhance Bitcoin ETF transparency with Chainlink integrationMarket observers have urged the Bitcoin ETF issuers to embrace industry-standard transparency measures. The Bitcoin market faces a critical moment amid soaring unrealized profitsSpot ETF inflows and bullish sentiment buoy Bitcoin, despite potential volatility from unrealized gains. Price speculators sees highest single-day loss of $774 million YTD amid Bitcoin upward trajectoryBitcoin's price swings in a largely positive market left eggs on the face of some traders. Apple teases generative AI plans, hints at user devices playing a roleCook said Apple sees "incredible breakthrough potential" for generative AI and is investing significantly in the area.
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Thursday, February 29, 2024
BlackRock leads as Bitcoin ETFs hit record $673 million inflow in a single day
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