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Crypto investment products see record year-to-date inflows of $13.8 billion
Crypto investment products see record year-to-date inflows of $13.8 billion

Global crypto funds have hit record annual inflows of $13.8 billion year-to-date, adding another $646 million last week.However, there are signs of “ETF hype moderating,” according to CoinShares Head of Research James Butterfill.

The Block·2024/04/08 10:54
Bitcoin price breaks out above $72,000 as market volatility causes spike in liquidations
Bitcoin price breaks out above $72,000 as market volatility causes spike in liquidations

The bitcoin price has climbed back above the $72,000 mark.Market volatility over the past day has resulted in over $152 million in cryptocurrency liquidations.

The Block·2024/04/08 10:18
Plotting the path to $80K — 5 things to know in Bitcoin this week
Plotting the path to $80K — 5 things to know in Bitcoin this week

BTC price gains mushroom before the Wall Street open as CPI week appears to set the tone for the incoming Bitcoin halving.

Cointelegraph·2024/04/08 10:04
Will Crypto Markets Rebound on This Week’s Key Inflation US Reports?
Will Crypto Markets Rebound on This Week’s Key Inflation US Reports?

This week will see a lot of key economic data released in the United States which may have an impact on crypto markets.

Cryptopotato·2024/04/08 06:49
Flash
  • 00:44
    Today's Fear and Greed Index has risen to 79, the level has shifted from greed to extreme greed
    Today's Fear and Greed Index has risen to 79 (yesterday it was 73), the level has changed from greed to extreme greed. Note: The fear index threshold is 0-100, including indicators: volatility (25%) + market trading volume (25%) + social media heat (15%) + market survey (15%) + Bitcoin's proportion in the entire market (10%) + Google hot word analysis (10%).
  • 00:42
    Opinion: Trump's Bitcoin reserve plan could become a watershed in the cryptocurrency market
    Trump publicly supports the Bitcoin reserve plan, promoting the US government to hoard Bitcoin as a strategic asset. The plan has received support from political figures including Porter and Lummis, and has attracted bipartisan attention. Trump's support gives this once marginalized concept political momentum and becomes a watershed moment in the cryptocurrency market. Democratic congressmen from California and Republican senators from Wyoming propose to include Bitcoin in US reserve assets, partly relying on US gold reserves. However, critics believe that this may strengthen the dominant position of American finance and pose challenges to the decentralized concept of Bitcoin. Despite this, supporters believe that this move will help deal with debt crises and promote global financial innovation.
  • 00:40
    The share of Runes transactions on the Bitcoin network has fallen to a new low, accounting for only 1.67% of daily transaction volume
    According to reports, the transaction share of Runes on the Bitcoin network has fallen to a new low, accounting for only 1.67% of daily transactions. This is in stark contrast to its dominant position from April to November when Runes' trading volume usually accounted for more than 50% of Bitcoin's daily transactions. At the same time, Runes' daily transaction fees remain below $250,000, indicating a significant decrease in network activity. This change aligns with broader market dynamics and shifts in investor interest. As Bitcoin prices fluctuate, attention begins to shift away from high-risk experimental protocols based on Bitcoin such as Runes and Ordinals. Meanwhile, areas like artificial intelligence agents, Meme coins and Ethereum NFTs are gradually taking up market share which may lead investors to lose interest in token protocols based on Bitcoin. Data suggests that the Runes ecosystem might be cooling down. Its network share plummeted from over 50% sharply down to less than 10%, marking a major change in how the Bitcoin network is used. This trend could reflect a shift in speculative interest among investors who are now turning their attention towards other cryptocurrency domains.
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