According to MicroStrategy’s Michael Saylor, “If the US adopts Bitcoin as a strategic reserve, Japan and other countries in Asia will follow”.
While BlackRock is seeing massive withdrawals, other Bitcoin ETFs have reported inflows, showing a split in investor sentiment.
Data shows the Memecoins market’s value jumped 500%, going from $20 billion in January to $120 billion in early December.
Explore the best cryptos to buy now, from Bitcoin to Baby Doge, with insights into trends, growth, and innovation.
RLUSD is fully backed by US dollar reserves, short-term US government bonds, and other cash equivalents, ensuring its value stays tied to the US dollar at a 1:1 ratio.
Ethereum’s latest price increase comes as Bitcoin ($BTC) reaches record-breaking highs. On the same day, Bitcoin hit $107,822, surpassing its previous all-time high of $106,352, which was set just the day before.
Mass investor exodus, ETF outflows, Mt. Gox repayment concerns, and market-wide declines has fuelled a bearish sentiment for Bitcoin.
After several weeks of upward momentum, the cryptocurrency market has recently seen a notable decline. Its overall market capitalisation has decreased by more than 3% in a single day.
Recently, Ethereum has experienced a bullish surge, crossing the crucial $3,000 mark. This uptick is largely due to major stakeholders withdrawing and staking significant amounts of $ETH.
