Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
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Donald Trump Abandons Meme Coins In Favor Of These Indirect Bitcoin Exposure Vehicles
US President Donald Trump appears to have quietly shifted his crypto focus from meme coins to Bitcoin (BTC). While his self-titled meme coin, Official Trump (TRUMP), continues to trade in the market after a more than 80% crash, new federal disclosures reveal that the President and his family have been investing in firms with direct […]
Ethereum Rally Accelerates as ETF Inflows Surge: Analysts Eye $5,000 Next
Ethereum (ETH) is propelling the cryptocurrency market higher, trading at $4,625, just 4% shy of its all-time high of $4,891. The second-largest cryptocurrency has gained close to 30% in the past week, outperforming all other top altcoins. Related Reading: Ethereum Bet Deepens: Billionaire Peter Thiel Takes 7.5% Of ETHZilla Driving this rally are record-breaking inflows […]
Bitcoin ETFs Face $826 Million Drain As Selling Pressure Builds
According to data from Farside Investors, institutional money flowed out of US spot Bitcoin ETFs right through the last full trading day before Christmas. Related Reading: IMF Acknowledges Progress On El Salvador Reforms, Cites Stronger Growth Net outflows on Christmas Eve reached a little over $175 million. That was part of a string of weak […]