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Ethereum ETFs Record Positive Inflows, Overtaking BTC Fund Flows: Could This Be a Turning Point?
Ethereum ETFs recorded a daily inflow of US$33.7 million, overtaking Bitcoin ETFs which saw US$18.3 million outflows. BlackRock’s ETHA fund outperformed its Bitcoin counterpart, indicating strong investor interest in Ethereum. Despite the positive fund flow, Ethereum’s price dropped by 3% on its ninth anniversary. Data from Farside shows that we may be at a turning point for the Ethereum exchange-traded funds (ETFs). The Ether funds have just managed to overtake the Bitcoin funds in total daily flows. While BTC funds saw combined outflows on 30 July of US$18.3 million (AU$28m), the Ethereum funds managed inflows of US$33.7 million (AU$51.57m). Related:...
XRP Price Climbs Back: Is This The Start of a Bigger Move?
XRP price found support near the $1.90 zone. The price is recovering losses and the bulls might soon aim for a move above the $2.35 resistance zone. XRP price started a fresh decline below the $2.25 zone. The price is now trading below $2.320 and the 100-hourly Simple Moving Average. There was a break above a connecting bearish trend line with resistance at $2.22 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might start another increase if it clears the $2.36 resistance. XRP Price Eyes Fresh Surge XRP price extended its decline below the...
Indian law enforcement agency DGGI wants $86M unpaid GST from Binance
TrumpCoin crashed by 95%, plummeting from $0.00555 to a low of $0.0001203. Trading volume surged by 169%, reaching $8.91 million despite the price drop. Controversy surrounds TrumpCoin’s origins, with claims involving Donald Trump denied. In a dramatic turn of events, TrumpCoin (DJT), a Solana-based meme coin using former President Donald Trump’s name and image, has experienced a steep price drop. The token’s value plummeted by 95%, falling from $0.00555 to a low of $0.0001203 before recovering to around $0.00042 at press time. Despite the massive price drop, trading activity for TrumpCoin surged. Data from Coinmarketcap reveals a 169% increase in...
