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Digital Asset Fund Inflows Spike as Market Corrects, Ethereum Leads With $155M Ethereum ICO Whale Dump Their ETH, Price Correction Coming Soon? Ethereum leads $176 million crypto fund inflows as investors buy the dip Grayscale’s “ETHE” Displays A Neutral Flow For The First Time Ever, Adds $5 Million! Donald Trump names David Sacks as “AI and crypto czar” GOAT token soars as Binance lists perpetual contract Wintermute: The Hidden Hand Behind the Memecoin Boom $2.5 Billion Russian Crypto Laundering Ring Smashed Australian Dollar benefits from RBA's hawkish hold AUD/USD plummets to fresh four-month lows below 0.6400

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Digital Asset Fund Inflows Spike as Market Corrects, Ethereum Leads With $155M

Digital asset investment products saw a significant rebound in inflows, totaling $176 million, as investors took advantage of recent price corrections. According to Coinshares and its lead research analyst James Butterfill, ethereum was the standout performer, benefiting the most from these market dynamics. Coinshares Reports $176 Million Inflows Into Digital Asset Funds Coinshares reported that digital asset investment products experienced inflows amounting to $176 million, reversing recent trends amid a market correction. Total assets under management of these products, which had dropped to $75 billion due to the correction, have since recovered to $85 billion. Butterfill’s report shows trading activity...

12.08.2024

Ethereum ICO Whale Dump Their ETH, Price Correction Coming Soon?

On-chain data shows that the whale still holds a total of 303.5K Ethereum worth $750 million across the two wallets. As per the latest on-chain data, Ethereum ICO whales have been offloading their ETH holdings recently while the ETH price continues to flirt around $2,638 levels as of press time. As per the recent data from Spot on Chain, a giant whale associated with the Initial coin Offering (ICO) dumped a total of 5,000 ETH, worth $13.2 million to crypto exchange OKX. the report shows that since the 8th of July, the giant whale deposited a total of 48,501 ETH...

12.08.2024

Ethereum leads $176 million crypto fund inflows as investors buy the dip

Ethereum attracts $155 million, pushing year-to-date inflows to $862 million, highest since 2021. Key Takeaways Digital asset investment products saw $176m in inflows as investors bought the recent price dip. Ethereum attracted $155m in inflows, bringing its year-to-date total to $862m, the highest since 2021. Crypto funds attracted $176 million in inflows last week, with products indexed to Ethereum (ETH) leading the pack with $155 million in inflows, according to CoinShares. Total assets under management (AUM) of investment products, which had fallen to $75 billion during the correction, rebounded to $85 billion. This brings its year-to-date inflows of ETH funds...

12.08.2024

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Digital Asset Fund Inflows Spike as Market Corrects, Ethereum Leads With $155M

Ethereum ICO Whale Dump Their ETH, Price Correction Coming Soon?

Ethereum leads $176 million crypto fund inflows as investors buy the dip

Grayscale’s “ETHE” Displays A Neutral Flow For The First Time Ever, Adds $5 Million!

Home / Crypto Live News / Grayscale’s “ETHE” Displays A Neutral Flow For The First Time Ever, Adds $5 Million! Crypto Live News Author: Elena R Elena R Author Elena is an expert in technical analysis and risk management in cryptocurrency market. She has 10+year experience in writing - accordingly she is avid journalists with a passion towards researching new insights coming into crypto erena. Aug 13, 2024 11:17 On 12th August, Fidelity’s “FETH” recorded the highest inflow of $4 Million, followed by Bitwise’s “ETHW” with $2.9 Million, and Franklin’s “EZET” with $1 Million. Notably, Grayscale’s “ETHE” has recorded a...

Donald Trump names David Sacks as “AI and crypto czar”

JasmyCoin has surged 119% to $0.05534, driven by IoT use and strong investor sentiment. iDEGEN’s has raised $2.5M in its ongoing dynamic, community-led presale. iDEGEN adapts via AI and social media, offering speculative potential pre-listing. JasmyCoin (JASMY) has surged to new heights, captivating investors and crypto enthusiasts worldwide. Its remarkable performance has led to significant gains, positioning it as one of the top-performing altcoins in the market. However, for those who may have missed out on JasmyCoin’s initial rise, a new opportunity is emerging. iDEGEN, an AI-powered meme token, is gaining momentum and could be the next big thing in...

GOAT token soars as Binance lists perpetual contract

Popcat rose more than 10% to hit a new all-time high of $1.67 The cat-themed meme coin’s surge coincides with an uptick for most meme coins Popcat (POPCAT) is among the top gaining coins in the top 100 by market cap. This comes as Popcat’s price recorded a 24-hour spike of over 10.5% to hit a new all-time high of $1.67. The cat-themed Solana meme coin has jumped more than 24% in the past week and 69% over the last 30 days. Its price hovered just above $0.88 on September 24, having gained momentum following its listing on Kraken. Bulls...

Wintermute: The Hidden Hand Behind the Memecoin Boom

You are here: Home / News / Altcoin News / Wintermute: The Hidden Hand Behind the Memecoin Boom Wintermute is actively expanding its presence in the memecoin market, particularly focusing on high-value projects like PEPE and GOAT. The firm’s involvement with Binance, with 11 out of its top 20 memecoin holdings listed on the exchange, underscores its influence in the market. Wintermute’s holdings in various meme coins and its frequent trading activity suggest a proactive approach to capitalizing on the meme coin market. Crypto market maker, Wintermute is increasingly expanding its footprint into the world of meme coins. A significant...

$2.5 Billion Russian Crypto Laundering Ring Smashed

By Mark Hunter 2 months agoFri Sep 27 2024 10:21:06 Reading Time: 2 minutes The U.S. government has seized several crypto domains linked to over $2.55 billion in illicit transactions Two Russian nationals have been charged with operating illegal exchanges that facilitated large-scale money laundering The exchanges, including Cryptex and PM2BTC, processed a significant portion of their transactions tied to criminal activities The U.S. Department of Justice (DOJ) has charged two Russian nationals , Sergey Medvedev and Timur Shakhmametov, in connection with a large-scale cryptocurrency money laundering operation. According to the DOJ, the platforms, Cryptex and PM2BTC, processed more than...

Australian Dollar benefits from RBA's hawkish hold

AUD got some momentum after RBA’s hawkish hold. Governor Lowe confirmed that the bank has no rush on rate cuts. Markets are now pricing in a 25 bps cut by year-end. The AUD/USD pair is trading around 0.6500, up around 0.30% on the day. The Australian Dollar is benefiting from the Reserve Bank of Australia (RBA) hawkish hold. The RBA left its policy rate unchanged as expected on Tuesday, but Governor Philip Lowe said that no rate cut is on the table in the near term. This has helped to support the Australian Dollar, as it suggests that the RBA...

AUD/USD plummets to fresh four-month lows below 0.6400

The US Dollar strengthened ahead of the weekly close on the back of mixed data. The Reserve Bank of Australia will announce its decision on monetary policy next week. AUD/USD fell to its lowest since August, maintaining the bearish pressure. The US Dollar (USD) soared in the last trading session of the week, with the AUD/USD pair falling towards 0.6380, a level last seen in August. Without data releases in Australia, the market focused on the United States (US) macroeconomic developments. Mixed employment figures initially weighed on the USD, but a better-than-anticipated preliminary estimate of the US Consumer Sentiment Index...