acum 1 zile
Analysts Debate Buying Ethereum as ETH Faces Another Double-Digit Quarterly Drop
Daan Crypto Trades said ETH's latest selloff pushed it to a 14-month low of $1,500 and argued current levels look "finally attractive" for long-term accumulation. He also cautioned that bear markets can last longer than expected and suggested keeping "dry powder" for surprises. Separately, Ali Martinez cited Glassnode data showing nearly 500,000 ETH (about $800 million) left exchanges over one week, while warning a possible bottom could be near $700.
ETH
ETH+8.98%
acum 1 zile
acum 2 zile
Spot Bitcoin ETFs Post Fifth Straight Weekly Outflow; Friday Turns Positive
Spot Bitcoin ETFs logged a fifth consecutive weekly net outflow, though the pace eased versus earlier weeks. Weekly flows included $91.37 million, $77.44 million, $213.85 million, and $19.03 million in outflows from Monday to Thursday, before $85.85 million of net inflows on Friday. Spot Ethereum ETFs also ended a fifth straight week in the red, with just under $15 million in net outflows despite $82.37 million of inflows on Monday.
BTC
BTC+3.94%
acum 2 zile
acum 2 zile
SpaceX (SPCX) IPO Priced at $135, Opened at $150; Musk Reportedly Becomes a Trillionaire
SpaceX began trading on Wall Street under the SPCX ticker after selling 556 million shares at $135 each, with the stock opening at $150 and later swinging as high as $170 before slipping below $160. The IPO raised $75 billion and pushed SpaceX's market capitalization above $2 trillion, placing it ninth globally at the time of reporting. The newly assigned trillion-dollar valuation also lifted Elon Musk's paper wealth, with one post claiming he became the world's first trillionaire.
acum 2 zile