March 2024 – Page 5 – Coins Cap News
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Bitcoin ETF Inflows Could Eclipse $1 Trillion, Predicts Bitwise CIO

Bitcoin

Following a week of net outflows, the spot Bitcoin ETF market has rebounded with impressive net inflows this week, highlighting a growing investor confidence in Bitcoin and its associated financial products. This week’s market activities have shown a remarkable reversal from the previous 5-day net outflow streak, with Tuesday witnessing a substantial net inflow of…

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From $90 To $400 Litecoin: Analysts Bullish On LTC Soaring Trajectory

All

Litecoin (LTC), the silver to Bitcoin’s gold, has enjoyed a recent price surge, leaving investors cautiously optimistic about its future trajectory. Over the past week, LTC has seen a 13% increase, with its value hovering nearly $96 at the time of writing. This bullish run has been accompanied by technical indicators suggesting a potential continuation…

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Crypto Exec Reveals Why Meme Coins Are The Next ‘Trojan Horse’ For Crypto Adoption

Meme Coins

Maartje Bus, Vice President of Research at Messari, a prominent crypto market intelligence company, has declared meme coins as the Trojan Horse of the cryptocurrency space. She has highlighted their potential to foster massive adoption and increase engagement within the cryptocurrency space.  Why Meme Coins Are Crypto’s Trojan Horse For Adoption impact and potential benefits…

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Bitcoin “Liquid Inventory Ratio” Hits All-Time Low, What It Means

Bitcoin News

On-chain data shows the Bitcoin “Liquid Inventory Ratio” has dropped to an all-time low. Here’s what this could mean for the asset. Bitcoin Sell Side Liquidity Is Low Relative To Demand Right Now In a post on X, CryptoQuant founder and CEO Ki Young Ju discussed the recent trend in the Liquid Inventory Ratio for…

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Fifth Largest Bitcoin Whale Moves $6 Billion In BTC, Here’s The Destination

Bitcoin

The crypto community’s attention has been drawn to a Bitcoin whale who recently moved a huge portion of their BTC holdings across different wallets. This action has sparked the curiosity of those in the community about the reason for these transactions.  Bitcoin Whale Moves $6 Billion In BTC Blockchain analysis platform Arkham Intelligence first brought…

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Bitcoin Next Stop $80,000? Crypto Analyst Sees BTC Soaring Ahead Of 2024 Halving

Bitcoin News

As the crypto market braces for the upcoming Bitcoin (BTC) halving in April 2024, the discussion surrounding Bitcoin’s price trajectory has continued to gain momentum. Particularly, Michaël van de Poppe, a well-regarded figure in the crypto analysis domain, has shared his latest analysis on Bitcoin. Next Stop $80,000? In a post shared on X, Van…

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XRP Price Enters Pre-Bull Rally Phase: Crypto Analyst Reveals Next Target

Xrp

The XRP price has largely left many of its enthusiasts feeling dissatisfied during this bull cycle, as it has failed to reach the $1 mark despite the bullish sentiment surrounding cryptocurrencies. However, crypto analyst EGRAG CRYPTO believes a $1 XRP price is still possible in this cycle, as he predicted a price surge in the…

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Breaking Records: Mantle (MNT) Soars 40% In One Day To New All-Time Highs, Next Target Revealed

Cryptocurrency Market News

Layer 2 (L2) blockchain Mantle (MNT) has demonstrated remarkable performance, surpassing most of the top 100 cryptocurrencies in the market. The token has surged by 40% in the past 24 hours, reaching a new all-time high (ATH) of $1.49.  Mantle Network’s Layer 2 Solution Mantle Network operates as an Ethereum Virtual Machine (EVM)-compatible L2 scaling…

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$9.5 Billion In Bitcoin Options Poised To Expire This Friday: Market Turbulence Ahead?

Bitcoin News

This Friday, the spotlight is turned to Deribit, the leading crypto derivatives exchange, as it gears up for a notable event in its trading history. Particularly, the exchange is poised to witness the expiration of over $9.5 billion in Bitcoin options open interest. For context, Open interest refers to the total number of outstanding derivative…

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Ondo Finance Joins BlackRock Tokenized Fund As Inflows Surpass $160M

Cryptocurrency Market News

BlackRock, one of the largest asset managers globally, has witnessed notable success with its newly launched tokenized money-market fund, BUIDL. The fund, which records shared ownership on the Ethereum (ETH) blockchain, has attracted over $160 million in just one week since its debut.  BlackRock’s BUIDL Fund According to a Bloomberg report, the BlackRock USD Institutional…

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