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Bitcoin ETF creates records, from Hong Kong to Australia, as BTC rises 4%
Journalist Hong Kong Bitcoin ETF reserves touched 4,941 BTC, worth over $310 million. BTC was up by 4% in the last 24 hours, but a few metrics were bearish. Bitcoin [BTC] ETFs have remained a hot topic of discussion in the crypto space since their approval in January 2024. While the United States dominated the ETF sector at a global level, new players have now started to enter. For example, Australia and Hong Kong ETFs recently set records. Bitcoin ETF: Australia, Hong Kong lead the way To begin with, Hong Kong’s Bitcoin ETFs have witnessed a substantial increase in flows...
What’s behind 8% Ethereum Price Rally Ahead of ETH Options Expiry?
A total of 206,000 ETH options are set to expire with a put call ratio of 0.96 highlighting a closely contested battle between the bulls and the bears. Along with Bitcoin, the world’s second-largest cryptocurrency Ethereum (ETH) has registered strong gains surging more than 8% in the last 24 hours and shooting past $2,650 levels. The asset class has already recovered more than 30% from the sub $2,000 levels earlier this week during the Black Monday crash. Both BTC and ETH share a correlation index of 0.82 over a 90-day period. This suggests that the two asset classes are moving...
Best Crypto to Buy Today: UFC Champion Alex Pereira New BDAG Ambassador | BTC and ETH ETF Hype
Bitcoin & Ethereum ETF Hype Rises But BlockDAG Cruises As UFC Champion Alex Pereira Signs as Brand Ambassador After a period of volatility, Bitcoin and Ethereum are making strong recoveries. Bitcoin has regained the $58,000 mark, and Ethereum is boosted by news of Ethereum ETF approvals. Amid these developments, BlockDAG , a Layer 1 project with a stellar presale, has attracted significant inflows. Its recent partnership with UFC champion Alex Pereira has also boosted its visibility. The presale has surged to more than $58.9 million, reflecting growing investor interest. For those seeking the best crypto to buy today, considering Bitcoin...