Ethereum Gains Momentum as US ETFs Record $295M Inflow
The United States spot Ethereum (ETH) exchange-traded funds (ETFs) have hit an all-time high for inflows, following an impressive market rally triggered by Trump’s recent election win. On November 11, Ethereum ETFs brought in an unprecedented $294.9 million, far exceeding their previous high of $106.6 million on launch day in July. Fidelity’s Ethereum Fund (FETH) […]
MicroStrategy Acquires $2B in Bitcoin, Raising Total Holdings to $23B
MicroStrategy continues to expand its substantial Bitcoin holdings, showing a steadfast commitment to the cryptocurrency despite recent price highs. On Nov. 11, the business intelligence giant, now a major Bitcoin investor, announced a purchase of 27,200 BTC for approximately $2.03 billion in cash. The acquisition was made between Oct. 31 and Nov. 10, with an […]
Bitcoin Nears $90K, Marks Strongest Weekly Return Since US Banking Crisis
Bitcoin’s price surge shows little sign of slowing down, nearing the significant $90,000 mark in a rally that could become its strongest weekly performance since the 2023 US banking crisis. The cryptocurrency recently crossed the $85,000 threshold on Nov. 11 but continued its ascent. As of 8:14 am UTC, Bitcoin is trading at $88,879, up […]