Author: Isabella Taylor
Bitcoin ETFs recorded $1.33 billion in net outflows during the week ending January 23 and had the second-largest weekly redemption on record. Summary Bitcoin ETFs saw $1.33B in outflows, the second-largest weekly redemption on record. Ethereum ETFs followed with $611M in withdrawals, led by BlackRock’s ETHA. Solana ETFs stayed positive with inflows, while XRP saw its first weekly outflow. The exodus reversed the previous week’s $1.42 billion inflow, as institutional investors reduced crypto exposure amid market volatility. Ethereum spot ETFs followed with $611.17 million in weekly outflows, led by BlackRock’s ETHA which posted $432 million in redemptions. XRP spot ETFs…
Blockchain was believed to be a technology that could only serve as the driving force behind cryptocurrencies. Some of you may be surprised to know that many real world blockchain use cases have gained traction and that too beyond the domain of cryptocurrencies. Blockchain has the potential to solve many problems in the real world with its distinctive capabilities. The use cases of blockchain in different industries capitalize on the elements of decentralization, immutability, and transparency. Many people will believe that organizations adopting blockchain technology are just experimenting with it. Interestingly, blockchain solutions have delivered tangible benefits such as revenue…
The crypto market dipped while the Fear and Greed Index remained in the fear zone amid renewed trade war fears and as traders waited for key corporate earnings and the Federal Reserve decision. Summary The crypto market retreated as trade risks emerged Trump warned that he would implement a 100% tariff on Canadian goods. Cryptocurrencies will also react to the upcoming Federal Reserve interest rate decision. Crypto market dips amid trade war fears Bitcoin (BTC) and most altcoins retreated during the weekend. BTC moved to $88,700, while Ethereum (ETH) dropped to $2,930. Other top altcoins like Dogecoin and Solana also…