BlackRock’s IBIT ETF Surpasses $10 Billion AUM at Record Pace

IBIT ETF

BlackRock’s Bitcoin ETF, IBIT, has accumulated $10 billion in assets under management (AUM). This achievement establishes a new record for the fastest growth to this level in US ETF history. The astonishing feat coincides with a huge surge in Bitcoin prices, highlighting traditional investors’ growing interest in digital assets. IBIT, …

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Binance Sees a Huge Outflow of 1.19T PEPE Ahead of a Price Increase

PEPE Tokens

Binance, a well-known centralized crypto exchange, has recently witnessed a significant development in terms of outflows. PEPE, a famous meme coin named PEPE has reportedly experienced an enormous outflow of up to 1.19 trillion tokens (equaling nearly $1.88 million). The latest reports have brought to the front that a trader …

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Buy Signals Detected for Two Strong Cryptocurrencies in this week

Cryptocurrencies

Despite the furious activity in the cryptocurrency market, where many assets have already shown overbought signals, a few digital currencies have emerged with intriguing buy signals for the current week. In recent weeks, Finbold has been meticulous in detecting buy signs for oversold cryptocurrencies, indicating possible downtrend reversal. However, investors …

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Circle’s Strategic Move: Boosting Stablecoin Liquidity on Solana

Circle

Circle, the stablecoin issuer, plans to increase liquidity on Solana by launching its Cross-Chain Transfer Protocol (CCTP) on the network soon. This protocol allows users to easily move USDC across compatible blockchain networks by burning and minting the stablecoin. CCTP operates on seven different networks: Ethereum, Avalanche, Base, Noble, Arbitrum, …

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Is Dogecoin (DOGE) Smaller Than Pandoshi (PAMBO)? Professionals Examine

Is Dogecoin (DOGE) Smaller Than Pandoshi (PAMBO)? Professionals Examine

Ahead of the 2024 bull run, the cryptocurrency market has recently expressed optimism around two possible breakout coins: the well-known Dogecoin (DOGE) and the relatively new Pandoshi (PAMBO). Experts are evaluating whether cryptocurrency has a higher upside potential given Pandoshi’s remarkable characteristics and Dogecoin’s long history of brand awareness. Dogecoin: …

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Bitcoin ETF Triumph: Assets Reach $10 Billion Mark in Record Time.

Bitcoin ETF Triumph: Assets Reach $10 Billion Mark in Record Time.

With exchange-traded funds (ETFs) recently hitting an astounding $10 billion in assets under management in just 20 sessions, the price estimate for Bitcoin on Sunday is still optimistic. Data from BitMEX Research, which shows a strong $2.7 billion net flow into nine ETFs, supports this noteworthy accomplishment. BlackRock’s IBIT fund …

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