The activity surrounding the spot Bitcoin ETFs has surged significantly once again amid multiple news of traditional financial players seeking exposure to the Bitcoin funds. As a result, the Bitcoin ETF trading volumes have once again skyrocketed hitting a two-month high. Bitcoin ETF Volumes Pick Up Steam On-chain data provider Santiment has reported a significant The post Bitcoin ETF Trading Volumes See Sharp Surge, GBTC Sees $27 Million Inflows appeared first on CoinGape .
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Crypto Investors Alert: FED Decision to Impact ETH Markets Soon!
The cryptocurrency markets are currently tense ahead of the upcoming release of the May Consumer Price Index (CPI) report and the Federal Open Market Committee (FOMC) meeting. Investors are particularly anxious about the extent of inflation and how the Federal Reserve will respond to it. According to QCP, despite short-term challenges, this period may present
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Bitcoin Faces Pressure Amid Macro Developments: Potential Buying Opportunity
The cryptocurrency market recently faced downward pressure due to various influencing factors. Experts believe investor sentiment has shifted amidst recent macroeconomic developments. A critical detail includes analysts highlighting a $64 million outflow from BTC ETFs earlier this week. Explore the dynamics impacting the cryptocurrency market and understand current investor behaviors for strategic decisions. Macroeconomic Events
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Shiba Inu’s Decentralized Exchange Adds Crucial Tool For Users
DEXTools, a leading decentralized finance (DeFi) analytics platform, has announced the integration of ShibaSwap, the decentralized exchange (DEX) of cryptocurrency Shiba Inu (SHIB). This strategic collaboration, unveiled on Wednesday, marks a significant step forward for ShibaSwap by providing its users with sophisticated analytics and real-time trading data. DEXTools stands out in the DeFi space with
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FED Meeting June 2024: Why The Interest Rate Cuts Might Not Happen At All?
Interest rates are the discussion in every other individual’s mouth as they affect day-to-day life, impacting the way of living for every individual. The term interest is the additional amount a person pays other than a loan when he borrows money. It is also the amount the banks offer for keeping your money deposited in The post FED Meeting June 2024: Why The Interest Rate Cuts Might Not Happen At All? appeared first on CoinGape .
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