Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesBotsEarnCopy

News

Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.

Bitwise CIO predicts spot Ethereum ETFs will attract $15 billion of net inflows in 18 months
Bitwise CIO predicts spot Ethereum ETFs will attract $15 billion of net inflows in 18 months

Bitwise CIO Matt Hougan said U.S. spot Ethereum ETFs could attract $15 billion worth of net inflows in their first 18 months.Hougan arrived at the figure by assessing relative market capitalization, international ETP data and the role of the carry trade.

The Block·2024/06/25 14:25
Grayscale’s GBTC Tops Outflow Charts With $90M Amid BTC’s Price Crash Below $60K
Grayscale’s GBTC Tops Outflow Charts With $90M Amid BTC’s Price Crash Below $60K

Spot Bitcoin ETFs are at risk of more outflows if prices stay below $60.5k, according to Bianco Research’s founder.

Cryptopotato·2024/06/25 12:28
Mt Gox repayments to creditors may not affect Bitcoin as expected
Mt Gox repayments to creditors may not affect Bitcoin as expected

Share link:In this post: Mt Gox is expected to repay nearly $9 billion to creditors in July. Analysts say that the scheduled repayment won’t pose a threat to Bitcoin price. According to Thorn, Bitcoinica BK, claim funds, and individual creditors will receive 10,000 BTC, 20,000 BTC, and 65,000 BTC, respectively.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend indepen

Cryptopolitan·2024/06/25 11:52
Flash
  • 03:31
    Hedge Fund Manager Bill Ackman: Speculates that Trump will delay the implementation of tariffs to have time to reach an agreement
    Well-known hedge fund manager Bill Ackman posted on social media: Before the tariffs take effect, Trump simply does not have enough time to reach an agreement. Therefore, if I wake up on Monday and hear the president announce a delay in implementing tariffs in order to have time to reach an agreement, I will not be surprised. "President Trump has drawn attention from all over the world and our trade partners, emphasizing the importance of resolving unfair tariff systems that have harmed American workers' interests and destroyed our industrial base for decades. This is an extremely important issue that needs resolution, and we finally have a president who is committed to solving this problem. But this issue cannot be resolved in just a few days, so why not pause for a moment to give the President time to properly address this key issue and allow companies of all sizes time to prepare for changes in their supply chains? The risk of not doing so is that significant increases in uncertainty could lead us into recession or even severe recession. One thing is certain. Monday will become one of the most interesting days in our country's economic history."
  • 03:29
    Dragonfly Partner: Bitcoin combines the properties of gold and the NASDAQ
    Odaily Planet Daily reports that Dragonfly managing partner Haseeb Qureshi has written an analysis of the current cryptocurrency market trends. He suggests that Bitcoin's price remains stable, possibly due to its dual attributes of gold and NASDAQ - surviving in the "cracks" between rising gold prices and falling tech stocks. The continued buying power of MicroStrategy also provides support. Haseeb states that the market currently anticipates interest rate cuts and a restart of quantitative easing, with altcoins as the riskiest assets benefiting first from this situation. In addition, unlike stocks and bonds, altcoins are not directly affected by tariffs. He also believes that last Friday retail investors were bottom-fishing in the stock market while institutional funds were flowing out; since altcoins are dominated by retail investors, there was no significant fluctuation in capital flow, thus their prices remained strong.
  • 02:32
    TON Foundation: Plans to empower 500 million Telegram users by 2028, and promote the on-chain of RWA assets
    Odaily Planet Daily reports that a Board Member of the TON Foundation stated at the Hong Kong web3 Carnival that the goal of the TON community is to empower 500 million Telegram users by 2028. Telegram is expected to have 1.5 billion global monthly active users by 2028, and TON plans to transfer 5%. To accelerate this process, TON is committed to issuing RWA assets on-chain. More information will be announced in a few months.
News