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Bitcoin Euphoria Takes Hold: What’s Next For BTC?
Bitcoin ($BTC) is officially in its euphoric phase, with 99.3% of UTXOs currently in profit. This optimism has sparked widespread happiness among holders, as such phases historically last 3–12 months—though exceptions like the bull trap of November 2021 serve as cautionary tales. This phase began just two weeks ago, and the market now faces a critical juncture. Shorting at this stage could either mark a smart call at the top or a costly move during the peak of a parabolic bull run. Large Bitcoin wallets have seen minimal net outflows throughout the year, with significant holders continuing to accumulate, even...
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...
Hawk Tuah Haliey Welch's Memecoin Under Scanner as Price Plummets Shortly After Launch
Haliey Welch, 22, became a social media personality during the summers over the "hawk tuah" TikTok video, which instantly became a hit and enabled her to launch her own merchandise, the "Talk Tuah" podcast in September, and even an AI-based dating app called "Pookie Tools." Her Instagram presence swelled to 2.6 million followers, and she is often seen posting pictures with celebrities and inviting many of them, including Wiz Khalifa, to her popular podcast. In June, an interviewer on the street during the CMA Fest in Nashville, Tennessee, asked her about "the move in bed that makes a man go...