Author - James Lim

‘I wonder who’s selling’: Peter Schiff criticizes MicroStrategy’s Bitcoin buying spree

MicroStrategy’s aggressive Bitcoin acquisition strategy continues to draw sharp criticism from gold advocate Peter Schiff. In an X post on Monday, Schiff pointed out that MicroStrategy has already spent $11.5 billion of its $42 billion Bitcoin btc-0.43%Bitcoin investment plan in just over a month. He questioned the sustainability of this pace, highlighting that Bitcoin prices remain below the highly anticipated...

Ethereum recorded an inflow of $2.2 billion this year

The second-largest cryptocurrency in the world, Ethereum, has seen a major inflow from the financial market, with a total of $2.2 billion this year. According to CoinShare’s published report on Dec. 02, Ethereum eth0.39%Ethereum has an outstanding record, along with Bitcoin as the most prominent crypto in the world, receiving a large amount of inflow this year. Ethereum has gained market...

Spot Bitcoin ETFs record fourth straight day of inflows, $353.67m added

Spot Bitcoin exchange-traded funds in the United States recorded their fourth consecutive day of inflows on Dec. 2, with $353.67 million flowing into the funds. According to data from SoSoValue, BlackRock’s IBIT fund led the charge, recording a massive $338.33 million in inflows. Fidelity’s FBTC and ARK’s ARKB funds contributed to the trend with inflows of $25.14 million and...

Bitcoin ETFs near record $6.2b inflow in US as BTC eyes $100k

A dozen Bitcoin ETFs in the U.S. have attracted $6.2 billion in November, nearing a monthly inflow record as Bitcoin hovers near $100,000. Spot Bitcoin exchange-traded funds are on track for their strongest month yet, with $6.2 billion in inflows so far in November, bolstered by Bitcoin’s surge toward $100,000 and President-elect Donald Trump’s crypto-friendly agenda,...

Can you exchange cryptocurrency for cash?

Your digital fortune can transform into real money, and you can enjoy a nice outing with your friends. Turning your crypto coins into cash might seem hard, but it’s a straightforward process. At this time, many cryptocurrency users are interested in knowing the methods of bringing their digital crypto assets to the real world. This article...

Chart of the week: XRP could jump another 12%, what to expect

XRPLedger’s native token (XRP) gained 12% on Nov. 29 as the altcoin held steady above $1.7300, rallying alongside Bitcoin (BTC), Ethereum (ETH), Dogecoin (DOGE), and other leading cryptocurrencies. Table of Contents XRP on-chain indicators signal price growth  XRP eyes retest of April 2021 peak XRP derivatives traders turn bullish Strategic considerations XRP on-chain indicators signal price growth XRP...

Ethereum outpaces Bitcoin in daily net flows for spot ETFs

Ethereum spot ETFs mark a historic milestone with a $332.92 million daily inflow, surpassing Bitcoin ETFs amid the ETH price surge. The latest data from SoSoValue reveals that Ethereum eth1.44%Ethereum spot ETFs have recorded $332.92 million in daily net inflows as of Nov. 29, outpacing Bitcoin btc0.57%Bitcoin spot ETFs’ $320.01 million for the first time since inception. This development coincides with Ethereum’s price...

NFT sales plunge to $146.5m, Ethereum and Bitcoin network sales recover

As Bitcoin continues to face resistance near the $100,000 mark, the NFT market has experienced a 1.6% drop, with total sales volume settling at $146.5 million. While Bitcoin btc0.57%Bitcoin trades at $96,800, Ethereum eth1.44%Ethereum has shown strength by surging 3.5% in the last 24 hours to reclaim the $3,700 level. The global cryptocurrency market capitalization has expanded to $3.42 trillion...

JEFF pumps 280%, Human Protocol surges 150%, while ETH stays below $3,700

The price of coins like Jeff and HUMAN Protocol has surged triple digits, while Ethereum is stuck below the $3,700 level. Ethereum eth1.48%Ethereum price was up by over 3.5% yesterday, even regaining the $3,700 level for a brief period of time. However, the price has now stalled below the $3,700 level, trading at $3,692 at press time. Source: CoinGecko Despite the...

Bitcoin to crash? Robert Kiyosaki predicts BTC plunges to $60k

Financial author Robert Kiyosaki has suggested that the BTC price could crash to $60,000 as it struggles to breach the $100,000 milestone. The “Rich Dad Poor Dad” author’s analysis comes amid increasing market speculation about Bitcoin’s btc0.59%Bitcoin next major price movement. Kiyosaki shared his market perspective through X and stated that any potential downturn would represent a buying opportunity...