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$147 million exits global crypto funds, ending three-week inflow streak: CoinShares
$147 million exits global crypto funds, ending three-week inflow streak: CoinShares

Digital asset investment products witnessed $147 million worth of net outflows globally last week, according to CoinShares.The outflows end a three-week run of positive flows, and higher-than-expected economic data is likely the culprit, Head of Research James Butterfill said.

The Block·2024/10/07 10:00
Metaplanet Expands Bitcoin Portfolio to Over 630 BTC with Latest Purchase
Metaplanet Expands Bitcoin Portfolio to Over 630 BTC with Latest Purchase

The company has acquired over 200 Bitcoin in under two weeks.

CryptoNews·2024/10/07 06:24
Bitcoin ‘still the best-performing asset’ after weak Q3: NYDIG
Bitcoin ‘still the best-performing asset’ after weak Q3: NYDIG

Bitcoin is currently exactly where it was in the last two cycles, said NYDIG's research head Greg Cipolaro, who said crypto could be in for a big Q4.

Cointelegraph·2024/10/07 03:57
Flash
01:47
Bitwise CEO: SpaceX's IPO valuation may approach that of the entire crypto market excluding stablecoins, the industry is still in its early stages
According to a report by Jinse Finance, on June 4, Bitwise CEO Hunter Horsley posted on X that if SpaceX goes public in the future, its valuation could rival the total market capitalization of the entire cryptocurrency market excluding stablecoins. This indicates that the crypto market is still at a relatively early stage, and the overall size remains modest. From a more macro perspective, the market's focus should not be the competition between certain assets or projects, but whether they can create genuinely valuable products and services, and promote the widespread application of blockchain technology in the real world. Bitwise supports everyone and every team working hard to achieve this goal, and cheers them on.
01:45
A certain whale, dormant for 4 months, borrowed 10 million USDT and then accumulated 5,589 ETH.
BlockBeats News, June 4th, according to Onchain Lens monitoring, a whale re-entered the market after 4 months of dormancy, lending out 10 million USDT and buying 5589 ETH at an average price of around $1789 per ETH.
01:43
Futures Hotspot Tracking
The recurring conflict between the US and Iran is driving up market risk-aversion sentiment. Concerns about inflation are strengthening expectations of Federal Reserve interest rate hikes, which are severely hitting the non-ferrous metals sector. Combined with unresolved oversupply issues in the refined nickel market, SHFE nickel prices remain under pressure and are trending downward!
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