According to CoinShares, digital asset investment products experienced net outflows of $206 million last week. Global ETP trading volumes also decreased, dropping to $18 billion from $21 billion the previous week. However, total BTC trading activity continued to increase. Short-Bitcoin funds experienced around $300,000 in outflows.
Similarly, blockchain equities saw outflows amounting to $9 million, marking the 11th consecutive week of diminished confidence among crypto investors.
Other altcoins are also trading positively, with BNB (BNB) up 4.9%, Dogecoin (DOGE) 4.5%, and Cardano (ADA) 3%. The outage that occurred followed a software […]
The AKT token has successfully reclaimed the 20-day exponential moving average (EMA), implying potential for further upward movement. AAVE and KASPA have also shown positive […]
According to data from CryptoQuant, the negative rate traders pay to open new long positions in the perpetual futures market indicates a decrease in Bitcoin […]