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Showing posts with the label market surge

Crypto Market: Investor Earns 12,971% Profit from This Single Crypto Gem

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The cryptocurrency domain is extremely lucrative, given the fact that one has an eye to search for beauty in heaps of products hindering one’s vision. The domain is known for delivering worthy gains to those who have a knack for identifying winners, the ones that can sustain the bouts of volatility that the crypto market is known for. Among such incidents, one lucky investor was able to gauge market prospects, banking on a single crypto that gave him gains worth 12971%. What is this entire setup all about? Let’s find out. Also Read: Ethereum Price: $11K Move Is Coming Fast, Plan Your Returns Now One Lucky Investor Records 12971% Worth Of ETH Gains Source: Forbes As per the latest post by LookOnChain, an early Ethereum ICO participant’s wallet suddenly became active, moving nearly 1500 ETH tokens to Kraken. Per the details shared by the portal, this participant has received 20,000 ETH tokens at genesis, at a purchase cost of $6.2K. These tokens at the current ETH crypto marke...

Institutions Pour $921,000,000 Into Crypto Assets in One Week, With Bitcoin, XRP and Solana Leading the Charge

Institutional investors just bought an overall total of $921 million in crypto assets in the last week, according to a new update from Coinshares. The surge marks a rebound after multiple choppy weeks, driven by better investor confidence from lower-than-expected US CPI data and hopes for more rate cuts. Bitcoin led the charge with $931 million in inflows, pushing its year-to-date total to $30.2 billion. Since the U.S. Federal Reserve started cutting rates, Bitcoin has seen $9.4 billion in cumulative inflows. Ethereum bucked the trend with $169 million in outflows, its first in five weeks, despite strong demand for leveraged products. Solana and XRP inflows cooled to $29.4 million and $84.3 million, respectively, ahead of expected U.S. ETF launches. Regionally, the US dominated with $843 million in inflows, while Germany hit a record $502 million. Switzerland saw $359 million in outflows, mainly from asset transfers between providers. Global ETP trading volu...

Whales Go All-In As Bitcoin, Ethereum ETFs Record $4.5 Billion Inflows

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Ethereum Inches Closer to $4000, Rallies 50% in 1 Month

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Ethereum (ETH) is once again moving closer to the $4000 mark. The second-largest cryptocurrency by market cap has rallied 6% in the last 24 hours, 5.5% in the weekly charts, 7.1% in the 14-day charts, 50% over the previous month, and 60.5% since August 2024, according to CoinGecko’s ETH data. Source: CoinGecko What’s Pushing Ethereum Towards $4000? Source: Watcher.Guru ETH’s latest rally comes amid a market-wide rebound. Bitcoin (BTC) has reclaimed the $116,000 price point. The global crypto market cap is also inching closer to the $4 trillion mark. The rally is likely due to President Trump allowing retirement funds to invest in crypto assets. President Trump is also actively pushing for an interest rate cut. Trump has placed a close aide on the Federal Reserve Board of Governors. Many anticipate a rate cut in September 2025. Goldman Sachs, Wells Fargo, and Citigroup anticipate a 25 basis point rate cut next month. The move could lead to ETH and other cryptocurrencies...

Low-Cap Altcoin Erupts Following As Coinbase Adds Support for Under-The-Radar Crypto Project

An under-the-radar digital asset is skyrocketing after being receiving support from Coinbase, the top US-based crypto exchange platform. In a new thread on the social media platform X, Coinbase Assets says it is adding support for BankrCoin (BNKR), an artificial intelligence (AI)-focused digital asset that operates on Base, Coinbase’s proprietary blockchain, causing the cryptocurrency to explode in price. “Trading will begin on or after 9AM PT on 30 July 2025, if liquidity conditions are met. Once sufficient supply of these assets is established trading on our BNKR-USD trading pair will launch in phases.” News of the addition caused BNKR to shoot straight up, going from a low of $0.000482 on July 29th to trading for $0.0006 at time of writing, a 22% increase during the last 24 hours. According to its official website, BankrCoin is an advanced AI agent bot that can help users seamlessly move and manage assets between the Solana (SOL), Ethereum (...