Last week, from April 26th, US Bitcoin Spot ETFs experienced considerable net outflows amounting to $328 million, according to Farside Investors’ report. Last week, from April 26, 2024, Bitcoin Spot ETFs based in the United States experienced substantial withdrawals amounting to $328 million, according to data from Farside Investors. At the start, there were net … Read more
Ethereum’s average gas fee has hit a six-month low at $1.12 per transaction. This drop could signal shifting market sentiment, as historically high fees tend to coincide with market peaks and low fees with bottoms. As a researcher observing the cryptocurrency market, I’ve noticed that Ethereum‘s gas fees have recently reached their lowest point in … Read more
Analysts at the London School of Economics and Political Science (LSE) make an intriguing case for the European Union to spearhead the development of the next-generation virtual reality world, or “metaverse.” They draw parallels to Airbus, the successful airplane conglomerate comprised of European businesses. Scholars at the London School of Economics and Political Science (LSE) … Read more
As a crypto investor, I’ve been keeping an eye on Binance Labs, the investment arm of Binance. According to Root Data Labs’ recent report, they’ve invested in a whopping 21 out of the 30 Launchpool projects since November 2021. That’s an impressive 11.05% strike rate! According to a recent study by Root Data Labs, Binance … Read more
As a cryptocurrency analyst, I would recommend keeping a close watch on the following digital assets this week: Bitcoin (BTC), Ethereum (ETH), and Pepe (PEPE). Bitcoin whales taking profits As an analyst, I’ve observed a decline in whale involvement in Bitcoin transactions since March 14. Nevertheless, an increase in such large-scale transactions might lead to … Read more