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Showing posts with the label trading volume

BlackRock’s Bitcoin ETF Surpasses Berkshire, Visa, Netflix Volumes As Trump Election Victory Triggers A Buying Frenzy

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BlackRock’s spot Bitcoin ETF (exchange-traded fund) surpassed Berkshire Hathaway, Netflix, and Visa in trading volume yesterday after Donald Trump’s US election victory triggered a buying frenzy. Bloomberg ETF analyst Eric Balchunas said in a Nov. 6 post on X that the fund witnessed its “biggest volume day ever” after trading activity soared to $4.1 billion on Nov. 6. The price of the investment product “was also up 10%, its second-best day since launching, “ he added.  BlackRock’s Bitcoin ETF Not The Only Fund To Record A Volume Surge BlackRock’s spot Bitcoin ETF was not the only US investment product of its kind to experience one of its best days. Most of the other funds did two times their average trade volumes as well, according to Balchunas. The surge in spot Bitcoin ETF volumes followed shortly after BTC recorded a new all-time high of $76,460.15 during yesterday’s trading session. It has since dropped a little over 2% from its peak to trade at $74,954.49 as of 3:39 a.m.

Moo Deng Price Prediction: MOODENG Skyrockets 212% After Binance Futures Listing As Traders Flock To Buy This Staking ICO For 10X Gains

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The Moo Deng price has skyrocketed 212% in the last 24 hours to trade at $0.2383 as of 11:51 p.m. EST on a 898% surge in trading volume to $828 million, according to CoinGecko . This comes after Binance Futures announced the listing of MOODENGUSDT USD-Margined perpetual contract on October 25, offering traders leverage of up to 75X. #Binance Futures will launch the USDⓈ-Margined $MOODENG Perpetual Contract at 🗓️ Oct 25 2024, 10:00 (UTC) Read more 👉 https://t.co/FRuu1q8ZNA pic.twitter.com/Z9XLOaGwS2 — Binance Futures (@BinanceFutures) October 25, 2024 Inspired by a viral baby hippo named Moo Deng from Thailand’s Khao Kheow Open Zoo, the token has swiftly gained popularity after its debut on the popular Pump.Fun platform. Can the futures contract increase its popularity and help it climb even higher? Major Moo Deng Price Indicators Show A Sustained Bullish Stance According to the MOODENG/USDT chart Analysis on the 4-hour timeframe, the Moo Deng price has been on a sustained