This week in crypto markets: - Jump Trading’s large ETH transfers contributed to a 20% price drop in #Ethereum, seeing some recovery and net inflows to ETFs following the drop. - The broader crypto market experienced significant volatility, with #Bitcoin dipping below $55,000 and #DeFi tokens seeing substantial losses. - Ethena Labs announced integration with Solana Labs, following market volatility that tested the resilience of their “synthetic dollar.” Read the full in our weekly State of the Market: https://bit.ly/3AoXgaa #PutTruthToWork #FutureOfFinance
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Dear LinkedIn Community, Curious about the recent drop in Bitcoin price? Find out the reasons behind it in our latest blog post. Market participants' lack of response to Hong Kong's spot Bitcoin and Ether ETFs has led to a 5% drop in BTC price. This, combined with high leverage expectations and disappointing Hong Kong ETF launches, has caused a market-wide selling momentum. Learn more about the impact of these events on the crypto market and investor sentiments by reading our post here: https://ift.tt/5WKfJto. Stay informed and make data-driven decisions with CoinNET. #Bitcoin #CryptoMarket #ETF #CryptoInvestment #BitcoinPrice #MarketTrends
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#AltcoinsNews: Recent sentiment data from Santiment reveals a bearish outlook among token holders for top altcoins, particularly Chainlink, Ethereum, Solana, and Bitcoin. Despite Chainlink's strong DeFi position, its token has struggled. Ethereum's disappointing ETF performance and Solana facing pressure from meme coin declines and FTX asset distributions contribute to market pessimism. #CryptoNews #CryptospaceToday #Altcoins
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Sharing exciting news from Mondays latest update! Bitcoin saw a surge of up to 6.8%, hitting $54,446, its highest level since November 2021. This increase is linked to the continuous influx of cash into investment products. Ether also showed a positive trend, surpassing $3,180 and extending its rally from earlier in the week. Certainly, the digital asset is up for a thrilling developments in the days ahead. Source: https://lnkd.in/d6qd2rzP Blockworks #Akkrue #assetmanagement #innovationinfinance #digitalassets #financeinnovation #institutionalinvestors #bitcoin #marketforecast #bitcoinhalving Website: www.akkrue.com Twitter: https://lnkd.in/dXETpk3w Oliver von Wolff - Amin El-Gazzar - Bas Kooijman MSTA - Ali Jaffari, CFA - Deepak Gopalakrishnan - Ralph Musgrove - Eshana Lutawan - Andreas Segieth - Sebastian Galleitner - Thomas Wawra - Helion Capital - William A.
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It's a new kind of crypto market since the launch of ETFs this year. Where is the volatility? The massive swings? The new all-time highs? For long-time crypto investors, the market may feel sluggish, and after six months of declines, it might almost resemble a bear market. However, the reality is that Bitcoin ETF investors are absorbing new supply at a 2:1 ratio compared to inflation. Although Ethereum is facing challenges, the inflation from staking remains minimal compared to the millions pouring into staking contracts, creating a supply imbalance that has yet to be fully realized. #Openingbell #Bitcoin #Ethereum #ETF
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Much is said about the race for Spot Bitcoin ETFs, but is it finally coming to an end? On Wednesday, January 10th, at 11:00 am EST, our CIO, Samir K., and Michael Venuto, CIO of Tidal Financial Group, will host an interesting webinar, moderated by Gerry O'Shea, Hashdex Head of Global Insights, where they'll separate fact from fiction regarding bitcoin ETFs. They will also discuss what investors should expect from the crypto markets in January and what to anticipate once this race concludes Sign up here: https://lnkd.in/dYRpCf-t #bitcoin #etf #investment #crypto
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Beyond Bitcoin: The Rise of Altcoins in the Next Bull Run Bitcoin may lead the charge, but the real potential lies in the altcoin market! From Ethereum's smart contracts to niche players like Falcons Inu, the next bull run could see these innovative tokens taking the spotlight. Ready to explore the future of crypto? Read our latest blog to discover the altcoins that could shape the next wave of digital assets! https://lnkd.in/dCAtAHfU $FALCON #FALCONS #FalconsInu
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An indication of how crowded Bitcoin as a trade is becoming: There are 13 exchange traded products (ETP) that concentrate solely on Bitcoin on SIX Swiss Exchange, ETP segment. Another 8 concentrate on Ethereum, while just 3 each for Gold, Solana, Polkadot and Cardano. Avalanche has 2. Others, such as indexing crypto or smaller alt coins: 29. My next analysis will involve looking at the Structured Products segment.
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Hong Kong's Bitcoin and Ether exchange-traded funds saw a huge exodus on Monday, with their net outflows amounting to $39M. All six of Hong Kong's Bitcoin and Ether ETFs experienced significant bleeding, with Bosera, ChinaAMC, and Harvest Global taking the brunt of the impact. Spot Bitcoin ETFs from these issuers suffered a combined net outflow of $32.7M, while spot Ether ETFs hit an outflow of $6.6M. #bitcoin #etheretf #bitcoinetf #cryptoetf #btc
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🚀 Breaking news: Powerful multi-asset trading platform Tradu has launched a new crypto exchange that saves clients up to 95% on trading fees! Tradu is taking a fresh approach to crypto, bringing institutional-grade infrastructure and pricing to the market. The commission for a 1 BTC trade (at a price of $60,000) is just $30 at Tradu versus as much as $600 at other exchanges. Read more about the launch in Bilal Jafar's article in Financial News: https://lnkd.in/gCBmp52B #Crypto #Bitcoin #MultiAssetTrading #Fintech #BTC
Jefferies-owned Tradu launches crypto exchange
fnlondon.com
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Bitcoin surged to around $65,500, causing significant liquidations of short positions in the derivatives market, amounting to approximately $198 million. Ethereum’s bullish momentum has also been strengthened by its price holding above key support levels, suggesting a stable upward trend in the short term. #bitcoin #ethereum #cryptoupdate
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