Institutional investors continue to favor Bitcoin through spot ETFs like BlackRock IBIT and Fidelity FBTC, as Bitcoin holds strong at $63,647 with a 1.3% gain and dominance at 56.4%. Ethereum shows more subdued interest, trading slightly lower at $1,862. The flow patterns suggest selective accumulation rather than broad rotation, with Grayscale GBTC outflows slowing and other issuers gaining demand. This trend highlights institutional preference for Bitcoin as a stable asset, while altcoins see limited volatility until new capital shifts occur. The market awaits whether ETF inflows can sustain Bitcoin's price against potential pullbacks.
Ethereum (ETH), the second-largest cryptocurrency by market cap, dropped below the $2,350 level on Binance's spot market early Sunday, reaching $2,349 at 1:51 a.m. ET. This marked a slight decrease from $2,359 just 15 minutes earlier, showing a minor...
Shiba Inu's exchange activity has shifted to a bullish trend as outflows of 95.68 billion SHIB tokens outpace inflows, signaling increased demand despite a 5% price drop. This negative netflow suggests traders are accumulating SHIB during the dip, po...
Spotify reported third-quarter results below analyst expectations, missing both revenue and adjusted earnings per share despite strong user growth. The company maintains a strong market position with exclusive content but faces competition from bundl...
Papertrade generated $8.5 million in protocol revenue over the seven days through October 25, ranking fifth behind major players like Tether and Circle. This is a decline from $13.38 million recorded in an earlier seven-day period in mid-October. The...
A Ripple-commissioned study by Boston Consulting Group finds that regional banks with $200-$300 billion balance sheets could improve financial results by up to $100 million through enhanced digital asset custody services. Custody is evolving from sim...
