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Showing posts with the label crypto investment

Spot Bitcoin ETFs Bounce Back To Outperform Ethereum Rivals With $332.8M Inflows

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US spot Bitcoin ETFs (exchange-traded funds) outperformed their spot Ethereum ETF rivals yesterday, bringing an end to the ETH funds’ recent dominance in the market. Data from Farside Investors shows spot BTC ETFs recorded $332.8 million in net inflows in the latest trading session, compared to $135.3 million in net outflows for ETH ETFs.  In August, spot Ethereum ETFs recorded $3.87 billion in inflows, while Bitcoin funds experienced $751 million in outflows. Last week, both the BTC and ETH ETFs were on multi-day net inflows streak. The US spot Bitcoin ETFs saw net daily inflows for every day except Friday last week, with their total inflows for the week reaching $440.8 million. This was less than half of the over $1.24 billion that flowed into spot ETH ETFs during the same period. Fidelity’s FBTC Sees More Inflows Than BlackRock’s IBIT Much of the net inflows for the spot Bitcoin ETFs was posted by Fidelity’s FBTC, which saw investors pour $132.7 mil...

Will XRP Continue To Rally After Hitting $3?

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Ripple’s XRP climbed above $3 this week but briefly dipped to the $2.95 level on Wednesday, as CoinGecko reveals. The leading altcoin remains in the red for seven consecutive days, going from a low of $2.36 to a high of $3. It spiked 26.5% in a week, generating stellar profits for investors in a short period. Now that XRP has reached the $3 price target, will it continue to surge in the charts further? In this article, we will explain which direction Ripple’s native token could move next. This can help you take an informed decision on whether to take an entry position or wait for the dips. Also Read: Ripple Signs Crypto Custody Deal With Ctrl Alt in Dubai Source: CoinGecko Litmus Test For XRP Beyond $3 Source: Reddit XRP at $3 remains tricky as several investors took entry positions way back in 2016-2017 at around the same price. It hit an all-time high of $3.40 in January 2018, never to return to its previous glory again. It’s been seven years in the downturn, and ear...

Trump Family’s WLFI Token: Experts Bullish On $5 Price Projection Post-Launch

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Lil Pudgy Jumps +200% In Daily NFT Sales Volume

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Lil Pudgy, a non-fungible token collection from the digital asset firm from the digital asset firm Igloo.Inc. has recorded increased trading sales volume. In the past 24 hours, the Lil Pudgy NFT collection has amassed a trading sales volume of $297,061, up 266% from the past day. In this article, we shall explore some of the factors fueling the growth of the Lil Pudgy NFT collection. Lil Pudgy & Penguins Rise In Daily NFT Sales Data compiled by tiexo.com, a multi-chain non-fungible token explorer, indicates that Lil Pudgy has seen increased trading sales volume. In the past 24 hours, the Lil Pudgy NFT series has recorded a trading sales volume of 110 ETH. During this period, the Lil Pudgy NFT sales volume skyrocketed 266% from the previous day. Lil Pudgy is an NFT collection featuring a limited edition of 22,222 NFTs hosted on the Ethereum blockchain network. Pudgy Penguins, another globally acknowledged non-fungible token collection from Igloo.Inc featuring a limited editi...